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National Business
CN plan to acquire KCS up in the air after U.S. regulator rejects voting trust
TORONTO — Canadian National Railway Co.'s takeover bid for Kansas City Southern Railway has been thrown into doubt after a U.S. regulator denied its use of a voting trust structure. The U.S.
Aug 31, 2021 7:09 PM
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Alberta halves projected budget deficit to $7.8B; credits global boost in oil demand
EDMONTON — New numbers show Alberta's bottom line is on track to look better this fiscal year, but the province remains mired in a deep ditch of red ink as it battles a resurgence of COVID-19.
Aug 31, 2021 6:09 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 (20,582.94, down 12.03 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up 11 cents, or 6.4 per cent, to $1.84 on 11.6 million shares.
Aug 31, 2021 5:51 PM
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Couche-Tard beats expectations even as Q1 profit slips on 40 per cent revenue boost
LAVAL, Que. — Alimentation Couche-Tard Inc. beat expectations even though its net profit slipped in the first quarter of its fiscal year despite a 40 per cent increase in revenues. The Quebec-based convenience store retailer earned US$764.
Aug 31, 2021 5:41 PM
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S&P/TSX composite slips but notches longest monthly winning streak in four years
TORONTO — Canada's main stock index closed slightly lower after reaching an intraday record but ended August by notching a seventh straight month of gains for the longest streak in more than four years. The S&P/TSX composite index closed down 12.
Aug 31, 2021 5:15 PM
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Social Security and Medicare funds remain under pressure
WASHINGTON (AP) — Social Security and Medicare, the government’s two biggest benefit programs, remain under intense financial pressure with the retirement of millions of baby boomers and a devastating pandemic putting increased pressures on the two p
Aug 31, 2021 3:05 PM
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Grocery store sticker shock hitting consumers as drought takes toll on crops
CALGARY — Canadians have started to pay more for groceries as severe drought drives up prices for agricultural commodities, and experts say more price hikes are likely this fall.
Aug 31, 2021 2:22 PM
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Noront board maintains support for BHP bid despite richer Wyloo proposal
TORONTO — The board of Noront Resources Ltd. is maintaining its support for a takeover offer for the company by BHP, despite a richer proposal by Wyloo Metals Pty Ltd.
Aug 31, 2021 1:14 PM
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Wine spat: Italy heir accuses Sting of slander, flat apology
MILAN (AP) — The heir of a late duke who sold Sting his Tuscan winery 25 years ago says the singer has hit a flat note with a lame apology for comments the family deems slanderous.
Aug 31, 2021 12:12 PM
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Statistics Canada says economy contracted in second quarter, estimates drop in July
OTTAWA — Canada's economy had its worst quarterly stretch since the start of the pandemic, contracting at an annualized rate of 1.1 per cent between April and June and possibly dropping further in July.
Aug 31, 2021 11:51 AM
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