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National Business
National Business
Regulator says CN and CP topped grain revenue entitlement caps for 2019-20 crop year
OTTAWA — The Canadian Transportation Agency says both the Canadian National Railway Co. and the Canadian Pacific Railway Co. exceeded their maximum grain revenue entitlements for the 2019–2020 crop year.
Dec 22, 2020 1:38 PM
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Canadian crude-by-rail exports fall slightly in October to 92,800 barrels per day
CALGARY — Canadian exports of crude oil by rail fell only slightly in October from September, a rare period of stability in a year that's included a record high month as well as one that saw an eight-year low.
Dec 22, 2020 12:57 PM
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Q3 GDP estimate gets a slight upgrade to 33.4% growth
WASHINGTON — The U.S. economy expanded at a record 33.4% annual pace from July through September, the Commerce Department said Tuesday, delivering the last of three estimates on the economy’s third-quarter performance.
Dec 22, 2020 11:39 AM
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Google rejects DOJ antitrust claims in court filing
Google is pushing back in court this week on antitrust claims brought against it by the Justice Department two months ago. In a legal filing with the U.S.
Dec 22, 2020 11:38 AM
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During crucial holiday season, US consumer confidence slumps
SILVER SPRING, Md. — A closely-watched gauge of U.S. consumer confidence tumbled in December as rising coronavirus cases dragged American optimism to its lowest level since the summer.
Dec 22, 2020 11:38 AM
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Nov. existing home sales fall 2.5%, following record summer
CHARLOTTE, N.C. — The market for existing homes cooled slightly in November, the National Association of Realtors said Tuesday, after climbing through the late spring, summer and early fall despite the pandemic. Existing home sales fell 2.
Dec 22, 2020 11:37 AM
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Remote workers finding opportunities farther afield as pandemic drags on
Finding a new contract after finishing a video editing project used to be a hassle for Heather Bergstrom.
Dec 22, 2020 10:31 AM
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Open Text announces settlement with U.S. Internal Revenue Service
WATERLOO, Ont. — Open Text Corp. says it has reached a deal with the U.S. Internal Revenue Service to settle a US$830-million claim related to its taxable income for its 2010 and 2012 financial years.
Dec 22, 2020 9:17 AM
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CAE announces deal for flight crew management software company Merlot Aero
OTTAWA — CAE Inc. says it has acquired Merlot Aero Ltd., a flight crew management software company, in deal worth at least US$25 million.
Dec 22, 2020 8:40 AM
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Russel Metals to buy metals service centre Sanborn Tube Sales of Wisconsin
TORONTO — Russel Metals Inc. says it has signed a deal to buy Sanborn Tube Sales of Wisconsin Inc. Financial terms of the deal for the metals service centre were not immediately available.
Dec 22, 2020 8:30 AM
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