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Strong lumber markets allow Resolute to pay special dividend, spend and cut debt
MONTREAL — Resolute Forest Products Inc. says strong lumber markets are allowing it to pay a special dividend, spend US$50 million on its sawmills to support growth and repay US$180 million in debt.
Jun 10, 2021 6:32 PM
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Air Canada to recall 2,600 workers, extends deadline for COVID-19 refunds
MONTREAL — Air Canada says it will recall more than 2,600 employees as it prepares for an increase in demand for flights, while also extending the deadline for COVID-19 refunds.
Jun 10, 2021 6:06 PM
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Met Opera says $31M on tax return is mostly pledges
The Metropolitan Opera says a positive $31 million on its latest tax return is mostly money pledged for future seasons that the company has not yet received.
Jun 10, 2021 5:51 PM
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Terra Nova oilfield shutdown could cost N.L. hundreds of millions of dollars
ST. JOHN'S, N.L. — The full shutdown of the dormant Terra Nova offshore oilfield could leave Newfoundland and Labrador on the hook for hundreds of millions of dollars in royalty paybacks, Energy Minister Andrew Parsons said Thursday.
Jun 10, 2021 5:40 PM
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G-7 nations expected to pledge 1B vaccine doses for world
ST. IVES, England (AP) — The Group of Seven nations are set to commit to sharing at least 1 billion coronavirus shots with the world, British Prime Minister Boris Johnson announced Thursday, with half coming from the U.S. and 100 million from the U.
Jun 10, 2021 5:33 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (20,049.47, up 47.20 points.) Canadian Natural Resources (TSX:CNQ). Energy. Down 11 cents, or 0.25 per cent, to $44.72 on 11.
Jun 10, 2021 5:05 PM
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North American stock markets rebound as investors undaunted by higher U.S. inflation
TORONTO — North American stock markets rebounded as investors seemed to shrug off news that U.S. inflation is accelerating at its fastest pace since the financial crisis in 2008.
Jun 10, 2021 4:48 PM
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Embattled Keystone XL pipeline continues to divide experts — even post-mortem
Even after its death, the divisive Keystone XL pipeline continued to leave Canadian energy industry experts at odds on Thursday, a day after TC Energy Corp. nailed the coffin shut on the project.
Jun 10, 2021 4:26 PM
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Digital shift cushioned blow to post-pandemic growth outlook, BoC deputy says
OTTAWA — The economy's ability to grow coming out of the pandemic isn't as hobbled by COVID-19 as the central bank first feared, a top Bank of Canada official says.
Jun 10, 2021 4:04 PM
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Supreme Cannabis shareholders vote to approve $435M deal with Canopy Growth
TORONTO — Supreme Cannabis shareholders have voted in favour of the company being sold to Canopy Growth Corp. for $435 million. Supreme says 81.05 per cent of the votes cast were in favour of the deal.
Jun 10, 2021 1:59 PM
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