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Power utility TransAlta reports $80 million loss in second quarter

Power utility TransAlta reports $80 million loss in second quarter

CALGARY — TransAlta Corp. reported a loss of $80 million in its latest quarter compared with a loss of $12 million in the same quarter last year.
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Canopy Growth sees $2B net loss as Ontario cannabis company takes large writedown

Canopy Growth sees $2B net loss as Ontario cannabis company takes large writedown

Canopy Growth Corp. executives argued the company is advancing toward profitability, even as it booked a $1.72 billion non-cash writedown that contributed to a net loss of more than $2 billion during its most recent quarter.
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Here's a quick glance at unemployment rates for July, by Canadian city

Here's a quick glance at unemployment rates for July, by Canadian city

OTTAWA — The national unemployment rate was 4.9 per cent in July. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
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Here's a quick glance at unemployment rates for July, by province

Here's a quick glance at unemployment rates for July, by province

OTTAWA — Canada's national unemployment rate was 4.9 per cent in July. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.2 per cent (9.9) _ Prince Edward Island 5.
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National employment numbers for July from Statistics Canada, at a glance

National employment numbers for July from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's July employment (numbers from the previous month in brackets): Unemployment rate: 4.9 per cent (4.9) Employment rate: 61.6 per cent (61.7) Participation rate: 64.7 per cent (64.
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BRP buys 80% stake in German gearbox technology firm in bid to expand business

BRP buys 80% stake in German gearbox technology firm in bid to expand business

VALCOURT, Que. — BRP Inc. says it has acquired an 80 per cent stake in a German gearbox technology company.
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Lion Electric sees Q2 net earnings of $37.5M as vehicle delivery picks up

Lion Electric sees Q2 net earnings of $37.5M as vehicle delivery picks up

MONTREAL — The Lion Electric Co. says its second quarter brought US$37.5 million in net earnings as the company boosted the number of vehicles it delivered during the period.
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Efforts fail to save historic Alaska theater from demolition

Efforts fail to save historic Alaska theater from demolition

ANCHORAGE, Alaska (AP) — Demolition is scheduled to begin this week on a once-opulent downtown Anchorage movie theater designed by the architect of Hollywood’s famed Pantages Theater.
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Democrats say they've reached agreement on economic package

Democrats say they've reached agreement on economic package

WASHINGTON (AP) — Senate Democrats have reached an accord on changes to their marquee economic legislation, they announced late Thursday, clearing the major hurdle to pushing one of President Joe Biden's leading election-year priorities through the c
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Suncor's Q2 net profit increases more than fourfold year-over-year

Suncor's Q2 net profit increases more than fourfold year-over-year

CALGARY — Suncor Inc. says it earned $3.99 billion in the second quarter of 2022, or $2.84 per common share, more than four and a half times the $868 million it earned in the same period of 2021.
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