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AtkinsRéalis looks to sell stake in Ontario's Highway 407 toll highway by end of 2027

AtkinsRéalis looks to sell stake in Ontario's Highway 407 toll highway by end of 2027

MONTREAL — AtkinsRéalis Group Inc. says it plans to sell its stake in the company that owns the Highway 407 ETR toll highway north of Toronto by the end of 2027.
US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling

US wholesale prices dropped in May, adding to evidence that inflation pressures are cooling

WASHINGTON (AP) — Wholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting interest rates.
Statistics Canada says Canadian household debt relative to income down in Q1

Statistics Canada says Canadian household debt relative to income down in Q1

OTTAWA — Statistics Canada says the amount Canadians owe relative to their income in the first quarter edged lower compared with the fourth quarter of 2023 as growth in household disposable income outpaced the growth in debt.
Alberta Premier Danielle Smith taking over fight of energy 'war room'

Alberta Premier Danielle Smith taking over fight of energy 'war room'

EDMONTON — Alberta Premier Danielle Smith says she's bringing the province's energy "war room" under the purview of her office because she needs to take on the fight with Ottawa on behalf of the energy industry.
Calgary mayor worried water use 'creeping up,' restrictions to last another week

Calgary mayor worried water use 'creeping up,' restrictions to last another week

CALGARY — Calgary's water use is creeping back up, despite conservation pleas from city officials as crews scramble to fix a massive water main break. "We — you and I — need to keep reducing our water usage," Mayor Jyoti Gondek said Wednesday.
Corus says Global News 'changes' affect jobs, won't disclose how many

Corus says Global News 'changes' affect jobs, won't disclose how many

TORONTO — Corus Entertainment Inc. says it has "made some changes" at Global News, citing the same headwinds that have led to massive cuts at other media outlets.
Celine Dion goes public with her private health struggles: What we've learned so far

Celine Dion goes public with her private health struggles: What we've learned so far

Celine Dion is opening up about her life-altering neurological disorder ahead of the release of her documentary, "I Am: Celine Dion.
Nutrien no longer pursuing Geismar clean ammonia project

Nutrien no longer pursuing Geismar clean ammonia project

SASKATOON, Sask. — Nutrien says it's no longer pursuing its Geismar clean ammonia project as part of a move to simplify its portfolio and focus on its core assets. The company made the announcement in a press release ahead of its annual investor day.
Federal Reserve sees some progress on inflation but envisions just one rate cut this year

Federal Reserve sees some progress on inflation but envisions just one rate cut this year

WASHINGTON (AP) — Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year.
Canadian Western Bank shares soar after National Bank tie-up announced

Canadian Western Bank shares soar after National Bank tie-up announced

Shares of Canadian Western Bank surged Wednesday on the news National Bank was buying it at a $5-billion valuation, while shares of other mid-sized banks also saw some gains as the acquisition trend continued. CWB shares closed up 68.