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Canadian crude-by-rail exports fall to another eight-year low in July

Canadian crude-by-rail exports fall to another eight-year low in July

CALGARY — Canadian exports of crude oil by rail fell to another eight-year low in July despite the gradual recovery of North American fuel demand from low levels due to measures taken to control the COVID-19 pandemic.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,142.89, up 161.12 points.) Canadian Natural Resources (TSX:CNQ). Up 51 cents, or 2.31 per cent, to $22.60 on 13.3 million shares.
Study finds about one-third of Indigenous grads find work with Indigenous employers

Study finds about one-third of Indigenous grads find work with Indigenous employers

TORONTO — A first-of-its-kind research study by two national Aboriginal groups has found that Indigenous employers provide Indigenous workers with better job satisfaction than other employers while paying them comparable incomes.
Bombardier aerostructures sale comes into question, dragging shares to new low

Bombardier aerostructures sale comes into question, dragging shares to new low

MONTREAL — Bombardier Inc. shares fell to a new low Tuesday after Spirit AeroSystems said some closing conditions on its planned acquisition of Bombardier's aerostructures business remain unmet, injecting a degree of uncertainty into the deal.
For small businesses that survive COVID, recovery is expected to be difficult

For small businesses that survive COVID, recovery is expected to be difficult

TORONTO — Having 12 cases of mini eggs on hand sounds like the makings of a grandiose Easter hunt or the ultimate way to soothe a sweet tooth, but for Josie Rudderham, the confections have put her in quite the crunch.
Ford Canada, Unifor reach tentative deal that includes $2B in EV contracts

Ford Canada, Unifor reach tentative deal that includes $2B in EV contracts

TORONTO — Ford Motor Company of Canada Ltd. has agreed to spend nearly $2 billion on its Canadian plants as part of tentative contract deal with Unifor announced Tuesday. Under the proposed settlement, Unifor national president Jerry Dias said $1.
North American stock markets rebound despite concerns about COVID, U.S. gridlock

North American stock markets rebound despite concerns about COVID, U.S. gridlock

TORONTO — The technology sector helped North American stock markets to bounce back despite ongoing concerns about COVID-19 infections and U.S. political gridlock. The S&;P/TSX composite index closed up 161.12 points at 16,142.89.
Mall titan Brookfield, Ralph Lauren both reducing workforce

Mall titan Brookfield, Ralph Lauren both reducing workforce

NEW YORK — Brookfield Properties, one of the nation's largest mall operators, is cutting 20% of its workforce in its retail division, as the pandemic has accelerated online shopping and resulted in a string of store closings.
US homes sales rise 2.4% in August

US homes sales rise 2.4% in August

SILVER SPRING, Md. — Sales of existing homes rose 2.4% in August to its highest level since 2006 as the housing market recovers from a widespread shutdown in the spring brought on by the coronavirus outbreak.
Inter Pipeline signs deal to sell majority of European storage business

Inter Pipeline signs deal to sell majority of European storage business

CALGARY — A year after putting its European bulk liquid storage business on the block, Inter Pipeline Ltd. has signed a deal to sell most of it to the Madrid-based CLH Group for $715 million.