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Federal government posts $3.1B surplus for first 11 months of 2022-23 fiscal year

Federal government posts $3.1B surplus for first 11 months of 2022-23 fiscal year

OTTAWA — The federal government posted a budgetary surplus of $3.1 billion between April 2022 and February 2023. In its monthly fiscal monitor, the Finance Department says the result compared to a deficit of $69.
Canada's entertainment production sector awaiting direction for CRTC on C-11

Canada's entertainment production sector awaiting direction for CRTC on C-11

TORONTO — Canada's film and television industry is anxiously awaiting forthcoming directions from the federal government to the country's broadcasting watchdog, which they say will determine the true impacts of streaming legislation adopted this week
EPA allows gasoline with higher ethanol blend during summer

EPA allows gasoline with higher ethanol blend during summer

DES MOINES, Iowa (AP) — Fuel stations throughout the country will be able to sell gasoline blended with 15% ethanol during the summer under an emergency waiver issued Friday by the Environmental Protection Agency in a move that could reduce prices at
Canada won new Volkswagen battery plant despite 'way, way more' money from U.S.: PM

Canada won new Volkswagen battery plant despite 'way, way more' money from U.S.: PM

NEW YORK — Canada won Volkswagen's lucrative new electric vehicle battery plant despite "way, way more" U.S. dollars on the table, Prime Minister Justin Trudeau said Friday as he talked up the virtues of his progressive approach to industrial policy.
'We like Teck as a Canadian company,' industry minister says as fate remains unclear

'We like Teck as a Canadian company,' industry minister says as fate remains unclear

VANCOUVER — Canada's industry minister talked of the significance of Teck Resources Ltd. Friday while stopping short of a commitment to halt a takeover of the company.
Uranium miner Cameco reports Q1 profit nearly triples, revenue up more than 70%

Uranium miner Cameco reports Q1 profit nearly triples, revenue up more than 70%

SASKATOON — Cameco Corp.
Russian missile and drone attack in Ukraine kills 23 people

Russian missile and drone attack in Ukraine kills 23 people

UMAN, Ukraine (AP) — Russia fired more than 20 cruise missiles and two drones at Ukraine early Friday, killing at least 23 people, almost all of them when two missiles slammed into an apartment building in a terrifying nighttime attack, officials sai
Lawyer says reforms needed after woman leaves unit during water leak, locks changed

Lawyer says reforms needed after woman leaves unit during water leak, locks changed

HALIFAX — A Halifax lawyer says a recent case he handled for a woman evicted from her apartment shows the province's tenancy law needs to be strengthened to ensure hearings are recorded and perjury is punished.
Inflation pressures remain persistent as consumers pull back

Inflation pressures remain persistent as consumers pull back

WASHINGTON (AP) — Key measures of prices and wages remained high in March, keeping the Federal Reserve on track to raise interest rates next week for the 10th time since March of last year in its drive to defeat high inflation.
TC Energy says 'multiple' asset sale negotiations underway in $5B divestment process

TC Energy says 'multiple' asset sale negotiations underway in $5B divestment process

CALGARY — TC Energy Corp.