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National Business
National Business
B.C. court rejects mink farmers' lawsuits over ban imposed during pandemic
VANCOUVER — The British Columbia Supreme Court has rejected lawsuits by mink farmers challenging a provincial shutdown of the industry over COVID-19 concerns.
May 9, 2024 11:18 AM
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Halifax Stanfield Airport returns to the black in 2023 with $16-million net profit
HALIFAX — Atlantic Canada’s largest airport says it has returned to financial sustainability after recording a net profit of $16 million in 2023.
May 9, 2024 11:10 AM
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Ontario secures more natural gas, battery storage for electricity supply
TORONTO — Ontario's electricity system operator has secured new power supply from 10 battery storage facilities and three natural gas and biogas facilities, which should meet the province's needs until the 2030s.
May 9, 2024 10:45 AM
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Telus bolsters network investments, raises quarterly dividend as Q1 profit down
Telus Corp. plans to invest $73 billion to bolster its networks over the next five years, chief executive Darren Entwistle announced Thursday at the telecommunications company's annual general meeting.
May 9, 2024 10:21 AM
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Manulife to ramp up share buyback program after cutting low-growth assets
TORONTO — Manulife Financial Corp. says it expects to ramp up its share buyback program this year as it sheds lower-growth assets and works to maintain its heightened return on equity.
May 9, 2024 10:01 AM
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Canadian Tire revenue down in first quarter as consumer spending softens
TORONTO — Canadian Tire Corp. Ltd. is the latest retailer to warn of softening consumer demand as high costs of living continue to rein in spending.
May 9, 2024 10:00 AM
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Oil executives expect sustained period of strong crude prices, survey shows
CALGARY — Nine out of 10 Canadian energy sector executives believe oil prices will remain strong for the next three to five years, according to the results of a recent survey.
May 9, 2024 9:37 AM
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TikTok to start labeling AI-generated content as technology becomes more universal
NEW YORK — TikTok will begin labeling content created using artificial intelligence when it's uploaded from outside its own platform. TikTok says its efforts are an attempt to combat misinformation from being spread on its social media platform.
May 9, 2024 9:27 AM
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Despite numbers showing a healthy economy overall, lower-income spenders are showing the strain
NEW YORK (AP) — Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S. households.
May 9, 2024 9:25 AM
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Bread loaves recalled in Japan after 'rat remains' were found
TOKYO (AP) — Loaves of bread have been taken off store shelves in Japan after the remains of “a small animal” believed to be a rat were found.
May 9, 2024 8:50 AM
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