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Canadian Tire eliminating some corporate jobs amid restructuring

Canadian Tire eliminating some corporate jobs amid restructuring

Canadian Tire Corp. Ltd. says it is eliminating some corporate positions.
'Canada will win' race to bring LNG to Asian markets, B.C. Premier David Eby says

'Canada will win' race to bring LNG to Asian markets, B.C. Premier David Eby says

KITAMAAT VILLAGE — British Columbia Premier David Eby says Canadian values will help the country "win this race" to deliver liquefied natural gas to Asian markets, even as U.S.
Algoma Steel reports net loss of $110.6M in Q2 amid tariff pressures

Algoma Steel reports net loss of $110.6M in Q2 amid tariff pressures

SAULT STE. MARIE — Algoma Steel Group Inc. says lower steel shipment volumes and tariffs weighed on its bottom line during the second quarter. The steel maker reported a net loss of $110.6 million during the quarter compared with net income of $6.
Union Pacific and Norfolk seek 1st transcontinental railroad through a massive merger

Union Pacific and Norfolk seek 1st transcontinental railroad through a massive merger

OMAHA, Neb. (AP) — Union Pacific wants to buy Norfolk Southern in a $85 billion deal that would create the first transcontinental railroad in the U.S, potentially triggering a final wave of rail mergers across the country.
Hudson's Bay has repeatedly threatened to end lease deal with B.C. billionaire: docs

Hudson's Bay has repeatedly threatened to end lease deal with B.C. billionaire: docs

TORONTO — New court filings say Hudson's Bay has threatened to end a lease deal it has with a B.C. billionaire who wrote directly to a judge twice to try to persuade him to view her favourably.
Assisted-living facility where fire killed 10 temporarily lost certification for mistreatment

Assisted-living facility where fire killed 10 temporarily lost certification for mistreatment

A Massachusetts assisted-living facility where a fire killed 10 people earlier this month temporarily lost its certification nearly a decade ago due to resident mistreatment, according to state regulators.
Oil prices help S&P/TSX composite close higher on Tuesday, U.S. markets fall

Oil prices help S&P/TSX composite close higher on Tuesday, U.S. markets fall

TORONTO — Canada's main stock index finished higher to cap off trading on Tuesday, benefiting from a rise in oil prices, while U.S. markets moved lower. The S&P/TSX composite index closed up 134.46 points at 27,539.88.
Air Canada sees revenue growth in international markets beyond U.S.

Air Canada sees revenue growth in international markets beyond U.S.

Air Canada says it has been shifting capacity toward high-demand international markets as Canadians' appetite for cross-border travel continues to lag. Passenger revenues from the airline's U.S.
Tax data suggests lethal Canadian arms still being exported to Israel

Tax data suggests lethal Canadian arms still being exported to Israel

OTTAWA — Israeli customs data suggests lethal Canadian arms are still being exported regularly to Israel, despite Ottawa's claim that it has halted such shipments.
Wall Street edges back from its records as a busy week picks up momentum

Wall Street edges back from its records as a busy week picks up momentum

NEW YORK (AP) — U.S. stock indexes edged back from their record levels as a busy week for Wall Street picks up momentum. The S&P 500 fell 0.3% Tuesday after setting all-time highs for six straight days.