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S&P/TSX composite rebounds from four-day skid as energy climbs on higher crude prices

S&P/TSX composite rebounds from four-day skid as energy climbs on higher crude prices

TORONTO — Canada's main stock index snapped a four-day skid as financials rose on higher bond yields and increasing crude oil prices lifted the energy sector. The S&P/TSX composite index closed up 33 points to 21,453.77.
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Alta. oilpatch recruiting in Maritimes again as drilling set to rise in 2022

Alta. oilpatch recruiting in Maritimes again as drilling set to rise in 2022

CALGARY — After seven years of layoffs and hard times, employers in Alberta's oilpatch are once again flush with cash and out to lure workers from the Maritimes and other parts of Eastern Canada.
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Younger consumers checking credit scores more often, but myths abound

Younger consumers checking credit scores more often, but myths abound

TORONTO — Younger Canadians are checking their credit reports more often than their older counterparts, but still have many misconceptions as to how they work, according to a recent survey.
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Telus says Rogers takeover of Shaw would harm competition, urges CRTC to reject

Telus says Rogers takeover of Shaw would harm competition, urges CRTC to reject

A Telus Corp. executive told a CRTC hearing Tuesday that Rogers Communications Inc.'s proposed takeover of Shaw Communications Inc. is dangerous for the same reason that Rogers is pursuing it — scale.
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Bank of Canada deputy says households may be more impacted by rise in interest rates

Bank of Canada deputy says households may be more impacted by rise in interest rates

OTTAWA — A senior official at the Bank of Canada says the number of highly indebted households appears to be back on the rise as pandemic aid from governments winds down.
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Jury holds pharmacies responsible for role in opioid crisis

Jury holds pharmacies responsible for role in opioid crisis

CLEVELAND (AP) — Three retail pharmacy chains recklessly distributed massive amounts of pain pills in two Ohio counties, a federal jury said Tuesday in a verdict that could set the tone for U.S.
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Interfor covers full North American production area with $490-million deal for Eacom

Interfor covers full North American production area with $490-million deal for Eacom

Interfor Corp. will become the only lumber company with operations in all four producing regions of North America with its purchase of Eacom Timber Corp. for $490 million. The Burnaby, B.C.
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Parkland moves to pause refinery operations due to Trans Mountain shutdown

Parkland moves to pause refinery operations due to Trans Mountain shutdown

CALGARY — Parkland Corp. is moving to pause its refinery processing operations in Burnaby, B.C., due to a lack of crude oil supply from the Trans Mountain pipeline, which has been shut down as a precaution due to the flooding in B.C.
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CN rail traffic in southern B.C. to resume Wednesday after mudslides

CN rail traffic in southern B.C. to resume Wednesday after mudslides

MONTREAL — Canadian National Railway Co. says it plans to restore "limited" service on washed-out tracks in southern British Columbia tomorrow after flooding and mudslides cut vital supply links.
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Cannabis company Organigram reports Q4 loss, revenue up 22 per cent from year ago

Cannabis company Organigram reports Q4 loss, revenue up 22 per cent from year ago

MONCTON, N.B. — Cannabis company Organigram Holdings Inc. reported a smaller loss in its latest quarter compared with a year ago as its net revenue rose 22 per cent. The company says it lost $26 million for the quarter ended Aug.
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