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National Business
National Business
Indigenous advisory council for CN resigns, says railway won't take responsibility
EDMONTON — The Canadian National Railway Co. acknowledged its colonial history but stopped short of an apology Monday after an advisory council of prominent Indigenous leaders resigned.
Dec 11, 2023 7:56 PM
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New Mexico, the No. 2 oil-producing US state, braces for possible end to income bonanza
SANTA FE, N.M. (AP) — A windfall in government income from petroleum production is slowing down but far from over in New Mexico as the nation's No.
Dec 11, 2023 6:30 PM
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All grocers need to sign code of conduct for it to be successful, Metro CEO tells MPs
All major industry players need to sign on to the grocery code of conduct in order for it to be successful, said Metro Inc. president and CEO Eric La Flèche.
Dec 11, 2023 6:19 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,318.36, down 13.18 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down two cents, or 0.02 per cent, to $84.78 on 16.
Dec 11, 2023 5:23 PM
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Rogers selling all its Cogeco shares to Caisse de dépôt et placement du Québec
TORONTO — Rogers Communications Inc. says it is selling all of its shares in Cogeco Inc. to Caisse de dépôt et placement du Québec for $829 million in a move to reduce its debt leverage ratio.
Dec 11, 2023 5:05 PM
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S&P/TSX composite down slightly as energy stocks slide, U.S. stock markets rise
TORONTO — Canada's main stock index closed slightly lower Monday as losses in resource stocks offset gains in financials, while U.S. stock markets rose. The S&P/TSX composite index closed down 13.18 points at 20,318.36.
Dec 11, 2023 5:02 PM
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Creditors approve Metroland restructuring proposal following announced job cuts
TORONTO — Creditors of Metroland Media Group have voted to approve the company's restructuring proposal after the newspaper chain announced cuts to 60 per cent of its workforce earlier this year.
Dec 11, 2023 4:33 PM
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Stock market today: Wall Street ends higher ahead of the final Federal Reserve meeting of the year
NEW YORK — Stocks closed higher on Wall Street ahead of the Federal Reserve’s last meeting of the year. The S&P 500 rose 0.4% Monday. The Nasdaq composite rose 0.2% and the Dow Jones Industrial Average added 0.4%.
Dec 11, 2023 4:11 PM
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Coastal GasLink seeking $1.2B from contractor; alleges poor performance
CALGARY — The company behind the Coastal GasLink pipeline is pursuing $1.2 billion in cost recoveries from one of its contractors. TC Energy Corp. terminated a contract with Pacific Atlantic Pipeline Construction last year, alleging poor performance.
Dec 11, 2023 4:09 PM
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Donald Tusk becomes Poland's prime minister with the mission of improving European Union ties
WARSAW, Poland (AP) — Donald Tusk , a leader of a centrist party, returned as Poland's prime minister for the first time in nearly a decade after a vote in parliament on Monday, paving the way for a new pro-European Union government following eight y
Dec 11, 2023 3:29 PM
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