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National Business
Annual pace of housing starts posts 21.6 per cent increase in March
OTTAWA — The annual pace of housing starts in Canada soared 21.6 per cent in March compared with February, according to Canada Mortgage and Housing Corp.'s latest report.
Apr 19, 2021 2:26 PM
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Foxconn, Wisconsin reach new deal on scaled back facility
MADISON, Wis. — Foxconn Technology Group, the world's largest electronics maker, has reached a new deal with reduced tax breaks for its scaled back manufacturing facility in southeast Wisconsin, Gov.
Apr 19, 2021 12:01 PM
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Japan asks Myanmar junta to release arrested journalist
TOKYO — Japan's government said Monday it is asking Myanmar to release a Japanese journalist who was arrested by security forces in its largest city of Yangon the previous day.
Apr 19, 2021 12:01 PM
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Johnson scraps Delhi trip; UK puts India on virus 'red list'
LONDON — British Prime Minister Boris Johnson has called off a trip to New Delhi amid surging coronavirus cases in India, as the U.K. imposed a travel ban on most visitors from the vast Asian nation.
Apr 19, 2021 11:19 AM
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Bidding wars, record prices, viewing lineups: Halifax's housing market heats up
HALIFAX — Two years after moving to Halifax from Ireland, Sarah and Nick Moriarty began house hunting.
Apr 19, 2021 10:21 AM
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Nutrien CEO Chuck Magro steps down, Mayo Schmidt named as new CEO
SASKATOON — Nutrien Ltd. says chief executive Chuck Magro is stepping down and will be succeeded by Mayo Schmidt, the company's chair. The fertilizer company says Magro is leaving to pursue new opportunities, effective immediately.
Apr 19, 2021 8:17 AM
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ABN AMRO pays multimillion fine in money laundering probe
THE HAGUE, Netherlands — ABN AMRO has agreed to pay 480 million euros ($574 million) as part of a settlement with prosecutors who accused the Dutch state-owned bank of “serious shortcomings” in tackling money laundering, prosecutors and the bank said
Apr 19, 2021 6:19 AM
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One year after crude turned negative, oilpatch relishes first-quarter profit outlook
CALGARY — One year after oil prices crashed to their first and only negative close during a perfect storm of energy demand bad news, Canada's oilpatch is poised to report a first-quarter gush of cash flow thanks to a dramatic recovery in global deman
Apr 18, 2021 10:00 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Federal budget Finance Minister Chrystia Freeland will release her first budget on Monday.
Apr 18, 2021 10:00 AM
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US, China agree to co-operate on climate crisis with urgency
SEOUL, Korea, Republic Of — The United States and China, the world’s two biggest carbon polluters, agreed to co-operate to curb climate change with urgency, just days before President Joe Biden hosts a virtual summit of world leaders to discuss the i
Apr 18, 2021 8:38 AM
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