April 19th, 2019

Business

Kinder Morgan options for Canadian branch delayed due to ‘complexity’

By The Canadian Press on April 17th, 2019

CALGARY – Kinder Morgan Canada Ltd. says it is continuing to evaluate its strategic options and hopes to announce its next steps in coming weeks. The company was spun off from its American parent in mid-2017 to raise money to build the Trans Mountain pipeline expansion but that purpose no longer exists after it sold ... Read More »

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Canola group demands Ottawa ‘consider all available options’ in China seed dispute

By The Canadian Press on April 17th, 2019

The Canola Council of Canada is calling on the federal government to “consider all available options” amid a trade dispute with China that has resulted in suspended seed shipments from two exporters. China suspended the licenses of Richardson International Ltd. and Viterra Inc., citing concerns about pests, and Chinese companies stopped buying seed from Canadian ... Read More »

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TSX moves higher as energy sector gets help from Alberta election

By The Canadian Press on April 17th, 2019

TORONTO – Canada’s main stock index moved higher as the election of a conservative government in Alberta helped to support the energy sector despite lower crude prices, says a market observer. The S&P/TSX composite index closed up 42.04 points at 16,544.24. In New York, the Dow Jones industrial average was down 3.12 points at 26,449.54. ... Read More »

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Kenney’s premiership poses challenges, opportunity for Trudeau, Scheer

By The Canadian Press on April 17th, 2019

OTTAWA – Attention is now turning to how Jason Kenney’s win in Alberta could impact the fall federal election. Political observers say Kenney, an outspoken and articulate former Stephen Harper cabinet minister, creates threats and opportunities for Prime Minister Justin Trudeau and Conservative Leader Andrew Scheer ahead of the fall campaign. Kenney has made it ... Read More »

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Garneau calls for flight simulators before Max 8s can return to Canadian skies

By The Canadian Press on April 17th, 2019

MONTREAL – Transport Minister Marc Garneau says airlines that want to fly the Boeing 737 Max 8 in Canadian airspace must first train their pilots using a flight simulator. Until recently, most U.S. airlines did not require flight simulation for pilots of the Max 8, which aviation authorities across the globe grounded in the wake ... Read More »

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More Jason Bourne adventures heading to bookstores

By The Associated Press on April 17th, 2019

NEW YORK – Two of Robert Ludlum’s blockbuster creations, the maverick-spy Jason Bourne and the top secret Treadstone program, will soon be at work again Putnam announced Wednesday that it had a four-book deal with the late author’s estate for two thrillers each in the Bourne and Treadstone series. “Robert Ludlum’s The Treadstone Resurrection,” written ... Read More »

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Oil and gas sector applauds pro-business government as pipelines remain in limbo

By Dan Healing, The Canadian Press on April 17th, 2019

CALGARY – Alberta’s oilpatch is celebrating the election of a pro-business government, despite analyst observations that premier-designate Jason Kenney may not be able to do much about getting new oil export pipelines built. “To many of our fellow oil and gas workers who are out of work, underemployed, or otherwise without hope, it feels like ... Read More »

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TREB secures permanent injunction against Mongohouse using its data

By The Canadian Press on April 17th, 2019

TORONTO – The Toronto Real Estate Board says it has secured a permanent injunction to stop the now-defunct property listing site Mongohouse from sharing its real estate data. The board sued Mongohouse last fall, alleging the site was illegally accessing, copying and distributing its proprietary multiple listing service data. It says the Federal Court of ... Read More »

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Canada, EU punch back at U.S. Cuba shift, vow to defend their companies

By Mike Blanchfield, The Canadian Press on April 17th, 2019

OTTAWA – Canada and the European Union hit back Wednesday at the Trump administration’s decision to allow lawsuits against foreign companies connected to properties seized from American firms during the Cuban revolution, vowing to protect their businesses. Canada and the EU pledged to work together in the World Trade Organization and ban the enforcement or ... Read More »

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U.S. allows lawsuits against foreign companies in Cuba, imperilling Canada

By Mike Blanchfield, The Canadian Press on April 17th, 2019

OTTAWA – The Trump administration says it will now allow lawsuits against foreign companies connected to properties seized from American firms during the Cuban revolution – including Canadian businesses. The landmark tightening of the U.S. trade embargo on Cuba’s communist government represents a major shift in U.S. foreign policy – one that now could place ... Read More »

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Energy and financials help lift TSX higher, U.S. stock markets mixed

By The Canadian Press on April 17th, 2019

TORONTO – Canada’s main stock index crept higher in late-morning trading, boosted by gains in the energy and financial sectors. The S&P/TSX composite index was up 11.99 points at 16,514.19. In New York, the Dow Jones industrial average was down 6.14 points at 26,446.52. The S&P 500 index was down 2.66 points at 2,904.40, while ... Read More »

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