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MEG Energy buys crude quota from rivals to boost Q2 bitumen production

MEG Energy buys crude quota from rivals to boost Q2 bitumen production

CALGARY — Oilsands producer MEG Energy Corp.
Nutrien shares rise on strong Q2 results despite 'worst' U.S. planting season

Nutrien shares rise on strong Q2 results despite 'worst' U.S. planting season

SASKATOON — Shares in Canadian fertilizer giant Nutrien Ltd. jumped by as much as 8.6 per cent Tuesday after it posted strong second-quarter results despite what it called the "worst U.S. planting season in history.

One hack, 106 million people: Capital One ensnared by breach

SEATTLE — A hacker accessed the personal information of 106 million Capital One credit card holders or credit card applicants in the U.S. and Canada, in the latest massive data breach at a large company. Capital One Financial Corp.

Genworth Canada second-quarter profit slips five per cent to $110 million

TORONTO — Genworth MI Canada Inc. says its net income slipped five per cent to $110 million in the second quarter. The company, which says it is the largest private residential mortgage insurer in the country, earned $1.

U.S. launches duty investigations of wind towers imported from Canada

WASHINGTON — The United States Department of Commerce has launched antidumping and countervailing duty investigations of utility scale wind tower imports from Canada and three other countries.
Air Canada expects third quarter turbulence due to grounded Max 8 aircraft

Air Canada expects third quarter turbulence due to grounded Max 8 aircraft

MONTREAL — Air Canada is facing a tougher third quarter due to the grounding of the Boeing 737 Max, with the airline announcing it will scrub the plane from its schedules until at least Jan.
North America markets drop on revved up trade uncertainty between U.S. and China

North America markets drop on revved up trade uncertainty between U.S. and China

TORONTO — North American markets fell modestly Tuesday as trade uncertainty revved up between the U.S. and China ahead of an expected interest rate cut by the Federal Reserve. Markets dipped after U.S.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,492.17, down 38.87 points ). Encana Corp. (TSX:ECA). Energy. Up 33 cents, or 6.09 per cent, to $5.75 on 8.5 million shares.
Oilsands production growth cut despite lower building costs in CERI forecast

Oilsands production growth cut despite lower building costs in CERI forecast

CALGARY — Growth in oilsands production over the next 20 years is expected to be slower than previously forecast, despite falling project construction costs, according to a study update by the Canadian Energy Research Institute.
LeBron James enters Canadian media market, joins forces with Drake

LeBron James enters Canadian media market, joins forces with Drake

TORONTO — Drake and LeBron James are joining forces to reshape the sports media landscape in Canada.