June 13th, 2021

Business

Customer finds 7-foot gator inside Florida post office

By The Associated Press on June 10th, 2021

SPRING HILL, Fla. (AP) – They say neither rain nor snow nor gloom of night will stop the U.S. Postal Service, but an alligator could get in the way. That’s what happened at the Spring Hill Post Office in Florida’s Hernando County, according to a sheriff’s office Facebook post. Sheriff’s officials say someone stopped by ... Read More »

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Energy sector helps lead S&P/TSX composite higher as oil tops U$70 a barrel

By The Canadian Press on June 10th, 2021

TORONTO – Gains in the energy sector helped lead Canada’s main stock index higher in early trading as the price of oil topped US$70 per barrel. The S&P/TSX composite index was up 44.80 points at 20,047.07. In New York, the Dow Jones industrial average was up 241.96 points at 34,689.10. The S&P 500 index was ... Read More »

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How to tell if a call from ‘CRA’ is legitimate or a scam

By Craig Wong, The Canadian Press on June 10th, 2021

OTTAWA – The scam is a common one: a phone call claiming to be the Canada Revenue Agency demanding an immediate payment. If you think it might really be the government calling you about your taxes, you should verify it is before you do anything, experts say. Cherolle Prince, a financial crimes expert at KPMG, ... Read More »

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New York congressman says Biden, Trudeau to talk plan for Canada-U.S. border at G7

By The Canadian Press on June 10th, 2021

WASHINGTON – A New York congressman says Prime Minister Justin Trudeau and President Joe Biden will discuss plans to reopen the Canada-U.S. border when they meet on the margins of the G7 summit. Rep. Brian Higgins says the White House has confirmed the two leaders will discuss the matter either today or Friday. Higgins, one ... Read More »

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Another jump in prices tightens the squeeze on US consumers

By Martin Crutsinger, The Associated Press on June 10th, 2021

WASHINGTON (AP) – American consumers absorbed another surge in prices in May – a 0.6% increase over April and 5% over the past year, the biggest 12-month inflation spike since 2008. The May rise in consumer prices that the Labor Department reported Thursday reflected a range of goods and services now in growing demand as ... Read More »

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US unemployment claims fall to 376,000, sixth straight drop

By Paul Wiseman, The Associated Press on June 10th, 2021

WASHINGTON (AP) – The number of Americans applying for unemployment benefits fell for the sixth straight week as the U.S. economy reopens rapidly after being held back for months by the coronavirus pandemic. Jobless claims fell by 9,000 to 376,000 from 385,000 the week before, the Labor Department reported Thursday. The number of people signing ... Read More »

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ATB Financial raises outlook for economic growth in Alberta

By The Canadian Press on June 10th, 2021

CALGARY – ATB Financial is raising its outlook for economic growth in Alberta this year because of higher-than-expected oil prices, rising vaccination rates and a strong recovery in the U.S. It says it expects the province’s real gross domestic product to grow five per cent this year, up from an earlier forecast for growth of ... Read More »

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Europe leaves stimulus running hot ahead of recovery

By David Mchugh, The Associated Press on June 10th, 2021

FRANKFURT, Germany (AP) – The European Central Bank left its key pandemic support for the economy running full blast even as the economy shows signs of recovery thanks to lower virus cases and fewer restrictions on activity in the 19 countries that use the euro currency. The bank said in its policy statement Thursday that ... Read More »

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Transat AT plans gradual resumption of operations starting July 30

By The Canadian Press on June 10th, 2021

MONTREAL – Transat AT Inc. says it is planning to resume flying starting July 30. The travel company suspended operations on Jan. 29 after Ottawa’s request to not travel to Mexico and the Caribbean as well as new quarantine measures and testing requirements. Transat made the announcement to resume flying as it reported a net ... Read More »

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California regulators withdraw controversial work mask rules

By Don Thompson, The Associated Press on June 9th, 2021

SACRAMENTO, Calif. (AP) – California’s workplace regulators have reversed themselves for the second time in a week. They withdrew a controversial, pending mask regulation late Wednesday. That will give them time to consider a rule that more closely aligns with Gov. Gavin Newsom’s promise that the state will fully reopen from the pandemic on Tuesday. ... Read More »

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A timeline of the controversial Keystone XL pipeline project

By The Canadian Press on June 9th, 2021

July 2008: TC Energy Corp. – then called TransCanada Corp. – and ConocoPhillips, joint owners of the Keystone Pipeline, propose a major extension to the network. The expansion, dubbed Keystone XL, would carry hundreds of thousands of barrels of oilsands bitumen from Alberta to Texas. 2009: As the U.S. State Department wades through comments based ... Read More »

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