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Canadian cannabis, psychedelics industries cheer state measures in U.S. election

Canadian cannabis, psychedelics industries cheer state measures in U.S. election

TORONTO — Canadian cannabis and psychedelics companies that have been eyeing the U.S. market have a few new reasons to celebrate. Through U.S.
European Commission delays decision on Air Canada purchase of Transat until January

European Commission delays decision on Air Canada purchase of Transat until January

MONTREAL — European regulatory authorities are delaying their decision on approving the proposed purchase of Transat A.T. by Air Canada until early next year. The European Commission says it will decide by Jan.
Telus ends week with $1.2 billion deal, plans to spin off international division

Telus ends week with $1.2 billion deal, plans to spin off international division

TORONTO — Telus Corp. on Friday announced a $1.2-billion acquisition that fits plans for converting its international division into a public company. Lionbridge AI of Waltham, Mass.
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,282.83, down 15.34 points.) Aurora Cannabis Inc. (TSX:ACB). Health care. Up $4.57, or 55.87 per cent, to $12.75 on 48.
TSX dips but ends best week since April while loonie gains on positive sentiment

TSX dips but ends best week since April while loonie gains on positive sentiment

TORONTO — Canada's main stock index dipped slightly Friday but concluded its best week in nearly seven months while the loonie reached its highest level since January. Positive sentiment was spurred on by a close U.S.
SpaceX clears second hurdle in launching Starlink satellite internet in Canada

SpaceX clears second hurdle in launching Starlink satellite internet in Canada

Aerospace firm SpaceX has been granted a second round of government approval to provide high-speed internet to Canadians through a constellation of satellites.
US consumer borrowing up $16.2 billion in September

US consumer borrowing up $16.2 billion in September

WASHINGTON — U.S. consumers increased their borrowing in September, helped by the first gain in the category that covers credit cards in seven months. The Federal Reserve reported that total borrowing rose by $16.
Oilfield firm brings back 200 staff but makes 350 layoffs permanent as activity rises

Oilfield firm brings back 200 staff but makes 350 layoffs permanent as activity rises

CALGARY — Trican Well Service Ltd.
But mining for metals needed for electrification faces obstacles due to low prices

But mining for metals needed for electrification faces obstacles due to low prices

CALGARY — There’s opportunity for Canada to help supply the world’s growing need for “energy transition metals” used in electric vehicle and power storage batteries but it faces stiff competition from other countries, especially China, observers say.
Magna look for growth in green initiatives, China as profit turns a corner

Magna look for growth in green initiatives, China as profit turns a corner

Magna International chief executive Don Walker said sustainability, as well as diversity and inclusion, are priorities for car manufacturers that are looking to work with the auto parts maker.