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National Business
Raskin nomination for Fed in peril as Democrat opposes pick
WASHINGTON (AP) — Sen. Joe Manchin, a West Virginia Democrat, said Monday that he opposes the nomination of Sarah Bloom Raskin to a key position on the Federal Reserve's Board of Governors, endangering her prospects of winning Senate confirmation.
Mar 14, 2022 1:44 PM
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Lacavera says Globalive interested in buying Shaw's Freedom Mobile assets
TORONTO — Anthony Lacavera says Globalive is interested in buying Shaw Communications Inc.'s Freedom Mobile wireless assets.
Mar 14, 2022 1:36 PM
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Strathcona Resources completes Tucker, Caltex acquisitions
CALGARY — Strathcona Resources Ltd. has completed its acquisition of privately held oil company Caltex Resources Ltd. as well as the Tucker thermal oil property previously owned by Cenovus Energy Inc.
Mar 14, 2022 11:53 AM
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Rising fuel costs could mean pricier airfares as carriers confront another hurdle
MONTREAL — Just when there was hope on the pandemic horizon, airlines now face a second headwind of skyrocketing oil prices — which could make airfares even more expensive.
Mar 14, 2022 11:42 AM
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Feds look to change cannabis drink regulations so Canadians can buy more at a time
TORONTO — The federal government is eyeing regulatory changes that could allow Canadians to purchase a greater number of cannabis beverages without exceeding public possession limits.
Mar 14, 2022 11:17 AM
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New media ventures continue to pop up in Canada — and they're helping fill gaps
TORONTO — Anita Li is gearing up to launch her own media outlet in just a few weeks. The Green Line is an independent news venture that aims to engage the community through interactive journalism.
Mar 14, 2022 11:00 AM
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Ontario Teachers' Pension Plan earned 11.1 per cent return in 2021
TORONTO — The Ontario Teachers' Pension Plan earned a total-fund net return of 11.1 per cent last year as its net assets grew to $241.6 billion. The pension fund manager says the result topped its benchmark which came in at 8.
Mar 14, 2022 10:12 AM
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Rio Tinto makes offer to take Turquoise Hill Resources private
MONTREAL — Rio Tinto International Holdings Ltd. made an offer Monday to buy the 49 per cent stake in Turquoise Hill Resources Ltd. it does not already own and to take it private. The proposal values the minority stake in company at about $3.
Mar 14, 2022 9:50 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Ukraine The Russian invasion of Ukraine is expected to continue to dominate headlines this week.
Mar 13, 2022 10:00 AM
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Historic Houston theater's pandemic rescue a public good
HOUSTON (AP) — After a historic Houston theater seemingly closed for good last year due to economic challenges from the coronavirus pandemic, its supporters — including film lovers, preservationists and directors Richard Linklater and Wes Anderson —
Mar 12, 2022 9:41 AM
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