April 19th, 2019

Business

Statistics Canada reports retail sales rose 0.8 per cent in February

By The Canadian Press on April 18th, 2019

OTTAWA – Statistics Canada says retail sales rose 0.8 per cent in February to $50.6 billion, the first increase since October. Economists had expected an increase of 0.4 per cent, according to Thomson Reuters Eikon. Sales were up in five of 11 subsectors, representing 73 per cent of retail trade. Retail sales at general merchandise ... Read More »

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Federal government extends deadline to make Trans Mountain decision to June 18

By The Canadian Press on April 18th, 2019

OTTAWA – The federal government is delaying a decision on the Trans Mountain pipeline expansion project to June 18. Natural Resources Minister Amarjeet Sohi says the extended deadline will give the government more time to complete its consultations with Indigenous groups. The National Energy Board endorsed an expansion of the Trans Mountain pipeline on Feb. ... Read More »

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NewsAlert: Federal government extends Trans Mountain deadline to June 18

By The Canadian Press on April 18th, 2019

OTTAWA – The federal government is extending the deadline to make a decision on the Trans Mountain pipeline expansion project to June 18. More coming... Read More »

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TransAlta says Mangrove Partners has dropped application for regulatory hearing

By The Canadian Press on April 18th, 2019

CALGARY – TransAlta Corp. says Mangrove Partners has withdrawn an application to the Alberta Securities Commission for a hearing related to an investment deal with Brookfield Renewable Partners. Mangrove had sought a joint hearing with the Alberta regulator and the Ontario Securities Commission regarding its desire for a shareholder vote on the Brookfield transaction. However, ... Read More »

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Rogers reports first-quarter profit and sales down, falls short of expectations

By The Canadian Press on April 18th, 2019

TORONTO – Rogers Communications Inc. fell short of expectations as its first-quarter profit and revenue declined compared with a year ago. The wireless, cable and internet company says it earned $391 million or 76 cents per share for the quarter ended March 31. That compared with a profit of $425 million or 80 cents per ... Read More »

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Kenney talks pipelines with Trudeau after election win, calls it cordial

By Dean Bennett, The Canadian Press on April 17th, 2019

EDMONTON – Jason Kenney, Alberta’s incoming premier, said he cordially talked pipelines Wednesday with Prime Minister Justin Trudeau – Kenney’s political nemesis and his election campaign pinata – and said the plan is to meet soon for a one-on-one. “He called to offer his congratulations. We spoke for about 15 minutes,” Kenney said outside Alberta’s ... Read More »

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Shared electric scooters surge, overtaking docked bikes

By Cathy Bussewitz, The Associated Press on April 17th, 2019

NEW YORK – Love them or hate them, electric scooters are everywhere – zipping along city streets and littered on sidewalks, to the dismay of pedestrians and drivers who must share the road. And now they have overtaken station-based bicycles as the most popular form of shared transportation outside transit and cars in the U.S. ... Read More »

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Kenney says Bill 1 will repeal the carbon tax; swearing in set for April 30

By The Canadian Press on April 17th, 2019

EDMONTON – Alberta’s incoming premier says a law to repeal the province’s carbon tax and another that will cut business taxes will be the first steps his government takes once in power. Jason Kenney has set April 30 as the date for when he and his cabinet will be sworn in. He plans to recall ... Read More »

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Feds seek dismissal of plutonium lawsuit; no quake concerns

By Scott Sonner, The Associated Press on April 17th, 2019

RENO, Nev. – The U.S. Energy Department is asking a federal judge in Reno to dismiss the state’s lawsuit challenging plutonium shipments to Nevada, adding that the material at the storage site north of Las Vegas does not threaten public safety. Department officials have stepped up their explanation of why the site housing the weapons-grade ... Read More »

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Kenney’s premiership to pose challenges, opportunities for Trudeau

By Kristy Kirkup and Mia Rabson, The Canadian Press on April 17th, 2019

OTTAWA – Jason Kenney’s newly secured perch as premier of Alberta poses both a threat and a potential boon to Prime Minister Justin Trudeau’s re-election chances this fall, political observers said Wednesday in the wake of the United Conservative Party’s resounding win in Alberta. Kenney – an outspoken and articulate former cabinet minister under ex-prime ... Read More »

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United Airlines trims growth plan for 2019

By David Koenig, The Associated Press on April 17th, 2019

DALLAS – The grounding of its Boeing 737 Max jets is causing United Airlines to trim growth plans for this year, and the carrier expects to discuss potential compensation with Boeing. United claims to be managing the grounding relatively well by pressing spare jets into duty and delaying discretionary maintenance work on other planes. That ... Read More »

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