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Calgary's Enerplus announces US$465M takeover as court rules against N.D. pipeline

Calgary's Enerplus announces US$465M takeover as court rules against N.D. pipeline

CALGARY — Enerplus Corp. is increasing its bets on the Bakken light oil region in North Dakota with the purchase of a private rival for US$465 million, despite a legal fight that could shut down a major oil pipeline there.
AP sources: Biden to pause oil and gas sales on public lands

AP sources: Biden to pause oil and gas sales on public lands

WASHINGTON — President Joe Biden is set to announce a wide-ranging moratorium on new oil and gas leasing on U.S.
The list of fireable offences has grown thanks to COVID-19

The list of fireable offences has grown thanks to COVID-19

One year ago, hosting a pizza party with co-workers or showing up to work with stomach bug symptoms were unthinkable in terms of fireable offences.
CREB: COVID-19, decreased demand for oil to hamper housing market in 2021

CREB: COVID-19, decreased demand for oil to hamper housing market in 2021

Calgary home sales, prices and new listings might be headed for a slight increase in 2021, but they’re likely still bound to be hampered by COVID-19 and reduced demand for oil, the city’s most prominent housing organization predicted Tuesday.
CMHC: Retail, construction and services workers have high share of mortgage deferrals

CMHC: Retail, construction and services workers have high share of mortgage deferrals

OTTAWA — Canada's housing authority says retail, construction and services workers were the most common deferrers of mortgage payments in the first few months of the COVID-19 pandemic. New data from Canada's Mortgage and Housing Corp.

Widespread internet outages hit northeast U.S.

Internet users across the northeast U.S. reported widespread outages Tuesday. Verizon reported a cut fiber in Brooklyn via Twitter, although it’s not clear if that issue is responsible for the entire outage.
Environmental groups applaud Loblaw's commitment to phase out receipts with phenol

Environmental groups applaud Loblaw's commitment to phase out receipts with phenol

TORONTO — Loblaw Companies Ltd. is winning praise from a coalition of environmental, health and labour groups for its commitment to stop using receipt paper that contains a potentially dangerous chemical.
IMF: Vaccines will power 5.5% global economic growth in 2021

IMF: Vaccines will power 5.5% global economic growth in 2021

WASHINGTON — The spread of COVID-19 vaccines will power a stronger global economic recovery in 2021, the International Monetary Fund forecast Tuesday. After sinking 3.5% in 2020, the worst year since World War II, the global economy will grow 5.
PepsiCo goes Beyond Meat in new partnership

PepsiCo goes Beyond Meat in new partnership

PepsiCo and Beyond Meat are creating a joint venture to develop snacks and drinks made from plant-based proteins. The companies didn’t reveal what kinds of products they will make Tuesday, saying they’re still in development.
US consumer confidence rebounds in January

US consumer confidence rebounds in January

WASHINGTON — U.S. consumer confidence rose in January as Americans became more optimistic about the future. The Conference Board reported Tuesday that its consumer confidence index increased to 89.3, a rebound from December when it dipped to 87.1.