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NextStar expects up to 900 foreign workers to help build Windsor battery plant

NextStar expects up to 900 foreign workers to help build Windsor battery plant

WINDSOR, Ont. — NextStar Energy Inc. says it expects upwards of 900 foreign workers to help build its heavily-subsidized battery plant in Windsor, Ont. The company, joint-owned by Stellantis and South Korea-based LG Corp.
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IEA report warns oil and gas companies against banking on carbon capture

IEA report warns oil and gas companies against banking on carbon capture

CALGARY — Carbon capture and storage has become a key plank of the Canadian oil and gas sector's decarbonization goals, but a new report from the International Energy Agency warns against banking on the technology as the planet continues to warm.
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Pension fund opposes Brookfield-led bid for Australian company Origin Energy

Pension fund opposes Brookfield-led bid for Australian company Origin Energy

TORONTO — A vote by shareholders of Australian's Origin Energy Ltd. on a takeover offer by a Brookfield-led consortium of investors and EIG has been delayed after the utility's largest shareholder voiced opposition to the proposal.
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To save the climate, the oil and gas sector must slash planet-warming operations, report says

To save the climate, the oil and gas sector must slash planet-warming operations, report says

The oil and gas sector, one of the major emitters of planet-warming gases, will need a rapid and substantial overhaul for the world to avoid even worse extreme weather events fueled by human-caused climate change, according to a report released Thurs
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Yukon finance minister tables public accounts for last fiscal year

Yukon finance minister tables public accounts for last fiscal year

WHITEHORSE — The Yukon government says it posted a $105-million surplus in the 2022-23 fiscal year, $65 million more than it predicted.
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Hudson's Bay owner makes US$340 million from North American real estate sales

Hudson's Bay owner makes US$340 million from North American real estate sales

NEW YORK — The company that owns Hudson's Bay says it completed real estate transactions in Canada and the U.S. resulting in a gain of around US$340 million.
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Montreal airport moves to reduce car congestion after traffic backups

Montreal airport moves to reduce car congestion after traffic backups

MONTREAL — The authority overseeing the Montreal airport has announced measures to reduce congestion after a surge in car traffic over the summer prompted a wave of frustration among passengers trying to make their gate on time.
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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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,113.96, up 3.99 points): Manulife Financial Corp. (TSX:MFC). Finance. Down four cents, or 0.15 per cent, to $26.09 on 14.
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TSX ekes out gain as energy weighs on index, while U.S. markets rise

TSX ekes out gain as energy weighs on index, while U.S. markets rise

TORONTO — Canada's main stock index eked out a gain on Wednesday as losses in the energy sector weighed on the index, while U.S. markets rose. The S&P/TSX composite index closed up 3.99 points at 20,113.96.
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'Ready to do business': Indigenomics CEO says Indigenous economy could hit $100B

'Ready to do business': Indigenomics CEO says Indigenous economy could hit $100B

TORONTO — The organizer of an Indigenous business conference in Toronto says her goal is to establish the undeniable economic power of Indigenous peoples.
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