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National Business

Healthy US economy failed to narrow racial gaps in 2019

WASHINGTON — The solid growth that the United States enjoyed before the viral pandemic paralyzed the economy this spring failed to reduce racial disparities in Americans' income and wealth from 2016 through 2019, according to a Federal Reserve report
Inter Pipeline to acquire Milk River pipeline in swap deal with Plains

Inter Pipeline to acquire Milk River pipeline in swap deal with Plains

CALGARY — Inter Pipeline Ltd.
Amazon to hire 3,500 workers in B.C. and Ont., expand their office footprint

Amazon to hire 3,500 workers in B.C. and Ont., expand their office footprint

Amazon.com Inc. will hire 3,500 Canadians to work in spaces it is opening and expanding in British Columbia and Ontario.
NY Times: Trump paid $750 in US income taxes in 2016, 2017

NY Times: Trump paid $750 in US income taxes in 2016, 2017

President Donald Trump paid just $750 in federal income taxes the year he ran for president and in his first year in the White House, according to a report Sunday in The New York Times.
Toronto health officer closes 3 restaurants as result of COVID contact tracing

Toronto health officer closes 3 restaurants as result of COVID contact tracing

Toronto's top public health official has ordered the closure of three downtown restaurants after contact-tracing showed some employees with COVID-19, Toronto Public Health said Saturday. Dr.

Air traffic controller Nav Canada closing Halifax flight information centre

HALIFAX — Air traffic control company Nav Canada is closing its Halifax flight information centre as the COVID-19 pandemic continues to squeeze the global airline industry.
Maine lobster business salvaged its summer despite pandemic

Maine lobster business salvaged its summer despite pandemic

PORTLAND, Maine — Maine's lobster fishermen braced for a difficult summer this year because of the coronavirus pandemic, but then the unexpected happened. They kept catching lobsters, and people kept buying them.

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 (16,065.35, up 153.09 points.) Just Energy Group Inc. (TSX:JE). Energy. Down 27.5 cents, or 37.16 per cent, to 46.5 cents on 30.
Ottawa pitches in $320M to help Newfoundland and Labrador offshore oil sector

Ottawa pitches in $320M to help Newfoundland and Labrador offshore oil sector

ST. JOHN'S, N.L. — The Canadian government is giving $320 million to Newfoundland and Labrador's struggling offshore oil and gas industry. Natural Resources Minister Seamus O'Regan made the funding announcement Friday at a news conference in St.
Technology and utilities push TSX up to end choppy week of trading; loonie dips

Technology and utilities push TSX up to end choppy week of trading; loonie dips

TORONTO — The technology and utilities sectors pushed Canada's main stock index higher to end another choppy week. "It's been very sloppy," said Colin Cieszynski, chief market strategist at SIA Wealth Management.