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Canadians hold nose at gas prices as they hit the road, skies once again

Canadians hold nose at gas prices as they hit the road, skies once again

MONTREAL — Even as gas prices hit record highs, Canadians are fanning out across the country for fresh travel experiences after two years of bottled-up demand.
N.L. oil regulator releases call for offshore exploration bids after federal delay

N.L. oil regulator releases call for offshore exploration bids after federal delay

ST. JOHN'S, N.L. — Newfoundland and Labrador's oil industry regulator is releasing its 2022 call for bids on new offshore exploration licences.
US inflation dips from 4-decade high but still causing pain

US inflation dips from 4-decade high but still causing pain

WASHINGTON (AP) — Inflation eased slightly in April after months of relentless increases but remained near a four-decade high, making it hard for millions of American households to keep up with surging prices. Consumer prices jumped 8.
Freedom Mobile sale not enough to allow Rogers-Shaw deal: Competition Bureau filing

Freedom Mobile sale not enough to allow Rogers-Shaw deal: Competition Bureau filing

OTTAWA — Plans by Rogers Communications Inc. and Shaw Communications Inc. to sell Shaw's wireless businessdo not outweigh the harm that the companies' proposed merger would cause, the Competition Bureau has argued in court documents.
Scotiabank no longer a member of oil and gas lobby group CAPP

Scotiabank no longer a member of oil and gas lobby group CAPP

CALGARY — Scotiabank has chosen not to renew its long-running membership in the Canadian Association of Petroleum Producers, a move that comes at a time when financial institutions are facing growing scrutiny for their role in contributing to climate
Aurora Cannabis to close outdoor growing facility in B.C. amid Thrive deal

Aurora Cannabis to close outdoor growing facility in B.C. amid Thrive deal

EDMONTON — Aurora Cannabis Inc. says it will wind down operations at an outdoor grow site in the B.C. Interior.
Space technology firm MDA reports Q1 profit, revenue up 4% from year ago

Space technology firm MDA reports Q1 profit, revenue up 4% from year ago

BRAMPTON, Ont. — MDA Ltd. reported net income of $8.4 million in its first quarter compared with a net loss of $1.6 million in the same quarter last year as its revenue edged up four per cent.
Sri Lanka deploys troops in capital after violence, protests

Sri Lanka deploys troops in capital after violence, protests

COLOMBO, Sri Lanka (AP) — Sri Lankan authorities deployed armored vehicles and troops on the streets of the capital Wednesday, two days after pro-government mobs attacked peaceful protesters, triggering a wave of violence across the country.

Gasoline prices push record highs as demand surges, supply constrained

TORONTO — Drivers can expect more pain at the pumps this morning as gasoline prices push new records. Natural Resources Canada says the average price across the country for regular gasoline hit 197.4 cents per litre on Tuesday for an all-time high.
Pot shop sales data was 'misappropriated,' Ontario cannabis distributor says

Pot shop sales data was 'misappropriated,' Ontario cannabis distributor says

TORONTO — The Ontario Cannabis Store says a data breach involving some of its sales information is being investigated by the Ontario Provincial Police.