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Trump launches probe into auto imports, possible tariffs

Trump launches probe into auto imports, possible tariffs

WASHINGTON — The Trump administration on Wednesday launched an investigation into whether tariffs are needed on the imports of automobiles into the United States, moving swiftly as talks over the North American Free Trade Agreement have stalled.

Oilsands tailings pond approval terms shortened for former Shell facilities

CALGARY — Tailings pond management plans for two former Shell Canada oilsands mines in northern Alberta have been approved by the Alberta Energy Regulator, but it said "deficiencies" in the projects must be addressed over the next three or four years
Judge: President can't block critics on Twitter

Judge: President can't block critics on Twitter

NEW YORK — A federal judge ruled Wednesday that President Donald Trump is violating the First Amendment when he blocks critics on Twitter because of their political views. U.S.

Northern B.C. gas pipeline designed to supply LNG industry wins NEB approval

CALGARY — The National Energy Board has approved construction of a natural gas pipeline originally intended to supply the Pacific NorthWest LNG export terminal near Port Edward, B.C., even though that $36-billion project was cancelled last July.
Fed minutes: Another rate hike likely 'soon'

Fed minutes: Another rate hike likely 'soon'

WASHINGTON — Federal Reserve officials earlier this month suggested that another rate hike was on the way soon, while also noting several risks facing the economy, ranging from rising wage pressures to potential harm from the Trump administration's t
Energy weighs on Toronto stock market, loonie moves lower

Energy weighs on Toronto stock market, loonie moves lower

The price of oil dragged down Canada's main stock index Wednesday, while indices south of the border made gains on positive news from the Federal Reserve. The S&P/TSX composite index fell 10.99 points to 16,133.

Most actively traded companies on the TSX

Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,133.80, down 10.99 points) Nemaska Lithium Inc. (TSX:NMX). Miner. Down 18 cents, or 15.25 per cent, to $1.00 on 13.4 million shares.
Uber says it remains committed to Toronto hub for self-driving car research

Uber says it remains committed to Toronto hub for self-driving car research

TORONTO — Uber Technologies Inc. says the Arizona research centre that conducted a fatal test of a self-diving car is being shut down but the company is "doubling down" on its efforts at engineering hubs in Pittsburgh, San Francisco and Toronto.
Future of massive Nova Scotia wind tower plant remains a mystery

Future of massive Nova Scotia wind tower plant remains a mystery

HALIFAX — It's among Atlantic Canada's largest industrial sites — a massive former wind tower manufacturing plant developed with $56 million in provincial funding.
CIBC reports second-quarter net income up nearly 25 per cent from year ago

CIBC reports second-quarter net income up nearly 25 per cent from year ago

TORONTO — The Canadian Imperial Bank of Commerce's latest quarterly earnings beat market expectations with a double-digit profit bump on strong earnings south of the border and at home, despite slowing domestic mortgage growth.