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More money from Ontario needed to end 'stalemate' over Stellantis battery plant: feds

More money from Ontario needed to end 'stalemate' over Stellantis battery plant: feds

OTTAWA — Canada offered Stellantis and LG Energy Solution a deal similar to the one Volkswagen accepted in March to build an electric-vehicle battery plant, but Ottawa wants Ontario to pony up a bigger share of the cash to make this deal happen, a fe
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McCarthy says debt ceiling deal possible by end of week as Biden cuts short upcoming foreign trip

McCarthy says debt ceiling deal possible by end of week as Biden cuts short upcoming foreign trip

WASHINGTON (AP) — President Joe Biden and congressional Republicans are still far from resolving the looming U.S.
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Alta. oilpatch once again shuts in some production as wildfires rage

Alta. oilpatch once again shuts in some production as wildfires rage

CALGARY — Some oil and gas companies in Alberta are once again shutting in production as hot and dry conditions exacerbate the wildfire situation in the energy-producing province.
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Small forest fire in Nova Scotia largely contained, residents cleared to return home

Small forest fire in Nova Scotia largely contained, residents cleared to return home

LITTLE HARBOUR, N.S. — Officials say a small wildfire near Nova Scotia's southern coast is about 60 per cent under control and residents will be able to return to their homes.
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As tidal-power firms ebb, Fisheries minister strikes task force to clarify regulation

As tidal-power firms ebb, Fisheries minister strikes task force to clarify regulation

HALIFAX — The federal government is creating a task force to clarify regulations for projects attempting to harness the tidal energy of the Bay of Fundy, after a key player sought bankruptcy protection last week — and blamed Ottawa.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,242.07, down 297.90): Enbridge Inc. (TSX:ENB). Energy. Down $1.98, or 3.80 per cent, to $50.08 on 14.6 million shares.
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WestJet customers holding their breath as strike notice jeopardizes travel plans

WestJet customers holding their breath as strike notice jeopardizes travel plans

MONTREAL — The travel plans of WestJet customers are up in the air after its pilots' union issued a 72-hour strike notice Monday night. The gambit by the Air Line Pilots Association kicked off a countdown to a flight crew walkout at 3 a.m.
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S&P/TSX composite down almost 300 points Tuesday, U.S. markets also move lower

S&P/TSX composite down almost 300 points Tuesday, U.S. markets also move lower

TORONTO — Canada's main stock index fell almost 300 points Tuesday on the heels of new data showing inflation ticked higher in April, while U.S. stock markets also moved lower. The S&P/TSX composite index was down 297.90 points at 20,242.
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Stock market today: Wall Street dips as energy stocks, Home Depot weigh

Stock market today: Wall Street dips as energy stocks, Home Depot weigh

NEW YORK (AP) — Most stocks fell on Wall Street after Home Depot warned of flagging sales, the latest discouraging signal for an economy under pressure. The S&P 500 lost 0.
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Biden cancels planned visit to Australia, Papua New Guinea to focus on debt limit talks

Biden cancels planned visit to Australia, Papua New Guinea to focus on debt limit talks

WASHINGTON (AP) — President Joe Biden is curtailing his upcoming trip to the Indo-Pacific, scrapping what was to be a historic stop in Papua New Guinea as well as a visit to a Australia for gathering with fellow leaders of the so-called Quad partners
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