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National Business
Lower energy prices pull down energy sector and S&P/TSX composite to start week
TORONTO — Crude oil prices fell to their lowest level since before the Russian invasion of Ukraine as a spike of COVID-19 cases in China pulled down the energy sector and Canada's main stock index to start the trading week.
Apr 11, 2022 4:52 PM
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California utility to pay $55 million for massive wildfires
SAN FRANCISCO (AP) — Pacific Gas & Electric, the nation's largest utility, has agreed to pay more than $55 million to avoid criminal prosecution for two major wildfires sparked by its aging Northern California power lines and submit to five years
Apr 11, 2022 4:50 PM
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Bimbo Canada rolls out cardboard bread bag clips at New Brunswick bakery
Bimbo Canada is rolling out new cardboard bread bag clips at its commercial bakery in New Brunswick which it says makes it the first national bakery in North America to introduce compostable clips.
Apr 11, 2022 4:23 PM
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Manitoba finance minister hints at more immigration support in upcoming budget
WINNIPEG — Manitoba's finance minister is hinting that Tuesday's budget will include additional support for immigration and settlement services as the province prepares to welcome thousands of Ukrainian refugees.
Apr 11, 2022 3:58 PM
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Loblaw, Frito-Lay resolve high-profile pricing dispute that pulled chips from shelves
A high-profile pricing dispute that saw one of Canada's largest food makers stop shipments of chips and snacks to the country's largest grocer has been resolved. Loblaw Companies Ltd.
Apr 11, 2022 3:42 PM
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Publisac grocery flyers to reach only those Montreal households that ask for them
Montreal Mayor Valérie Plante said Monday grocery store flyers will be delivered only to residents who request them, marking a win for environmentalists and prompting criticism from the company behind the advertisements.
Apr 11, 2022 2:36 PM
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Metro workers reach new deal while strike at Sobeys distribution centre continues
Workers at a Metro distribution centre in Ontario have voted in favour of a new deal while workers at a Sobeys warehouse in Quebec have rejected the grocer's latest offer. More than 900 workers at Metro Inc.
Apr 11, 2022 2:31 PM
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Italian premier says Algeria to boost natural gas exports
MILAN (AP) — Italian Premier Mario Draghi secured a deal Monday for more natural gas imports across a Mediterranean pipeline from Algeria, marking the latest push by a European Union nation to reduce dependence on Russian energy following its invasio
Apr 11, 2022 1:38 PM
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Global EV demand creates once-in-a-generation opportunity for Canadian mining sector
CALGARY — Ottawa is set to pour an "unprecedented" amount of public money into the mining and metals sector as growing global demand for electric vehicles creates what industry insiders say is a once-in-a-generation opportunity for Canadian resources
Apr 11, 2022 11:56 AM
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Insurer Intact Financial estimates Q1 catastrophe losses at $183 million
TORONTO — Intact Financial Corp. estimates its catastrophe losses for the first quarter totalled about $183 million on a pre-tax basis, due in large part to three windstorms in February that affected its business in the United Kingdom and Ireland.
Apr 11, 2022 10:30 AM
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