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National Business
National Business
West Fraser selling two pulp mills to Atlas Holdings for US$120 million
VANCOUVER — West Fraser Timber Co. Ltd. has signed a deal to sell two pulp mills in Western Canada to Atlas Holdings for US$120 million. The sale includes West Fraser's Quesnel River Pulp mill in Quesnel, B.C.
Sep 22, 2023 12:42 PM
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Prime Video to introduce advertisements, increase cost for ad-free streaming
TORONTO — Prime Video will jump on the ad wagon next year, introducing commercial breaks to its platform and hiking fees for those who want to avoid them.
Sep 22, 2023 12:39 PM
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Hot dog! The Wienermobile is back after short-lived name change
MADISON, Wis. (AP) — Some names are just the wurst. Just four months after announcing that the hot dog-shaped Wienermobile was changing its name to the Frankmobile, the distinctive wiener on wheels is reverting to the original.
Sep 22, 2023 9:53 AM
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United States and China launch economic and financial working groups with aim of easing tensions
WASHINGTON (AP) — The U.S. Treasury Department and China's Ministry of Finance launched a pair of economic working groups on Friday in an effort to ease tensions and deepen ties between the nations.
Sep 22, 2023 8:53 AM
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ATS signs deal to buy water purification company Avidity Science for $265 million
CAMBRIDGE, Ont. — ATS Corp. has signed a deal to buy Avidity Science LLC, a designer and manufacturer of automated water purification solutions for biomedical and life science applications, for $265 million. Based in Waterford, Wisc.
Sep 22, 2023 8:16 AM
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Rupert Murdoch's surprise exit from Fox leaves son Lachlan in line of succession at media empire
NEW YORK (AP) — Magnate Rupert Murdoch's surprise announcement Thursday that he's stepping down as leader of his two companies leaves his son Lachlan firmly in line of succession at Fox and the rest of the media empire.
Sep 21, 2023 6:59 PM
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Coastal GasLink fined $340,000 for erosion, sediment control challenges
CALGARY — Coastal GasLink has been fined $340,000 by the B.C. Environmental Assessment Office for issues related to erosion and sediment control. Coastal GasLink, which is owned by Calgary-based TC Energy Corp.
Sep 21, 2023 5:38 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 (19,791.62, down 423.07 points): TC Energy Corp. (TSX:TRP). Energy/ Down $1.38, or 2.75 per cent, to $48.75 on 17.7 million shares.
Sep 21, 2023 5:00 PM
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Canadian, U.S. markets tumble Thursday after central bank comments on interest rates
TORONTO — Losses in base metal and technology stocks helped lead a broad-based decline Thursday as Canada's main stock index fell more than two per cent. U.S. stock markets also tumbled the day after the U.S. Federal Reserve's latest rate decision.
Sep 21, 2023 4:44 PM
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Pathways Alliance watching Trans Mountain's latest hurdles with dismay
CALGARY — The group behind a proposed carbon capture and storage (CCS) network for Alberta's oilsands is watching the Trans Mountain pipeline expansion's latest regulatory hurdles with dismay.
Sep 21, 2023 4:41 PM
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