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National Business
National Business
Aimia's largest shareholder plans takeover bid for company
TORONTO — The largest shareholder of Aimia Inc. says it has become disillusioned and frustrated by the company's board and management team, so it plans to make a bid to take Aimia private in a deal that would value the company at about $308 million.
Oct 4, 2023 1:50 PM
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TSX ekes out small gain despite energy losses as price of oil falls; U.S. markets up
TORONTO — Canada's main stock index eked out a small gain Wednesday as broad-based gains led by utility and technology stocks outweighed losses in energy and battery metals, while U.S. markets rose, led by technology.
Oct 4, 2023 1:39 PM
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Stock market today: Wall Street ends higher as the bond market loosens its vise and oil falls
NEW YORK (AP) — Wall Street closed higher as the bond market loosened its vise on the stock market. The S&P 500 rose 0.8% Wednesday, coming off a 1.4% tumble that sent it to its lowest level in four months.
Oct 4, 2023 1:04 PM
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That blaring noise you heard? It was a test of the federal government's emergency alert system
WASHINGTON (AP) — “THIS IS A TEST": If you have a cellphone or were watching television Wednesday, you should have seen that message flash across your screen as the federal government tested its emergency alert system used to tell people about emerge
Oct 4, 2023 12:06 PM
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WestJet suspends Toronto-Montreal route for winter as it retrenches in Western Canada
WestJet plans to halt flights between Toronto and Montreal for the winter in a continuation of its retreat from short-haul routes in Eastern Canada to retrench in the West.
Oct 4, 2023 11:58 AM
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Vancouver housing market more balanced after spring and summer slowdown: board
VANCOUVER — The Real Estate Board of Greater Vancouver says a jump in new listings is helping to bring some balance back to the region's housing market. The board says September sales totalled 1,926, a 13.
Oct 4, 2023 11:44 AM
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BRP denies findings from labour board that it underpaid workers
MONTREAL — BRP Inc. said it disagrees with findings from Quebec’s workplace health and safety board that the snowmobile maker broke the law in underpaying workers it brought in to work at its plant in Quebec from a facility in Mexico.
Oct 4, 2023 9:59 AM
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Barrick Gold to spend almost US$2 billion to expand Lumwana mine in Zambia
TORONTO — Barrick Gold Corp. says it will spend almost US$2 billion on an expansion project at its Lumwana copper mine in Zambia.
Oct 4, 2023 9:34 AM
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Keyera marks opening of KAPS natural gas pipeline, its largest project to date
CALGARY — Keyera Corp. is marking the opening of its KAPS pipeline, a 575-kilometre pipeline in Alberta which will provide additional transportation capacity to natural gas producers in Western Canada.
Oct 4, 2023 9:26 AM
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Airline caterer named in Quebec class action denies exploiting foreign workers
MONTREAL — A French airline caterer is denying that it knowingly employed undocumented workers at its Montreal facilities or that it used their precarious status to exploit them.
Oct 4, 2023 9:17 AM
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