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National Business
Loblaw launching No Name Mobile cellphone plans at all No Frills stores
Loblaw Cos. Ltd. is launching low-cost cellphone plans under its No Name brand, offering prepaid mobile sim cards for purchase at all No Frills locations across the country within the coming weeks.
Apr 11, 2024 12:52 PM
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RBC faces questions on climate, Indigenous rights at annual general meeting
TORONTO — Royal Bank of Canada faced a steady stream of questions about the bank's climate and Indigenous rights track record at its annual general meeting Thursday.
Apr 11, 2024 12:17 PM
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B.C. seeks to regulate electricity for cryptocurrency miners, citing huge demands
VICTORIA — British Columbia is proposing legal changes that would allow the government to regulate the supply of electricity to cryptocurrency miners.
Apr 11, 2024 12:09 PM
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Ottawa to allow 30-year amortization for first-time buyers' mortgages on new homes
TORONTO — Some advocates are praising Ottawa's move to lengthen the amortization period on insured mortgages for certain homebuyers, but say expanding the policy to all Canadians would help make home ownership more affordable.
Apr 11, 2024 12:07 PM
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Fewer Americans file for jobless claims as labor market continues to shrug off higher interest rates
WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week as the labor market continues to thrive despite the Federal Reserve's efforts to cool it.
Apr 11, 2024 11:33 AM
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Environmentalists protest as Biden administration approves huge oil export terminal off Texas coast
WASHINGTON (AP) — In a move that environmentalists called a betrayal, the Biden administration has approved construction of a deepwater oil export terminal off the Texas coast that would be the largest of its kind in the United States.
Apr 11, 2024 11:13 AM
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Postmedia reports $20.1M loss in Q2, revenue down 13 per cent from year ago
TORONTO — Postmedia Network Canada Corp. reported a net loss of $20.1 million in its latest quarter compared with a loss of $20.8 million a year earlier as its revenue fell 13 per cent.
Apr 11, 2024 10:48 AM
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Auto parts maker Magna International signs strategic partnership with Sanctuary AI
VANCOUVER — Magna International Inc. has signed a strategic partnership with Sanctuary AI for the development of general purpose AI robots for use in the company's manufacturing operations.
Apr 11, 2024 9:19 AM
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Canada needs to build 1.3M additional homes by 2030 to close housing gap, says PBO
OTTAWA — The parliamentary budget officer says Canada would need to build 1.3 million additional homes by 2030 to eliminate the country's housing gap.
Apr 11, 2024 9:04 AM
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As world's central banks wrestle with when to cut rates, Europe signals it's ready to move
FRANKFURT, Germany (AP) — The European Central Bank signalled Thursday it could cut interest rates at its next meeting in June, a big step as the rich world's central banks, including the U.S.
Apr 11, 2024 8:12 AM
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