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Oil and gas sector cautious as clock ticks down to Trans Mountain decision

Oil and gas sector cautious as clock ticks down to Trans Mountain decision

CALGARY — Observers on the front lines of Western Canada's oil and gas sector are looking forward to what's widely expected to be approval of the Trans Mountain pipeline expansion on Tuesday.
North American markets rise ahead of key Federal Reserve meeting on rate cuts

North American markets rise ahead of key Federal Reserve meeting on rate cuts

TORONTO — North American markets moved slightly higher to start the week on gains by the energy and materials sectors as investors await signals from the Federal Reserve on expected rate cuts.
HBC appoints interim CFO as Ed Record takes medical leave of absence

HBC appoints interim CFO as Ed Record takes medical leave of absence

TORONTO — The Hudson's Bay Co. says its chief financial officer is taking a medical leave of absence. HBC says Ed Record's leave begins today. The retailer did not provide any additional information on Record's condition.

GMP Capital selling capital markets business to U.S. firm Stifel Financial

TORONTO — Shares of GMP Capital Inc. soared after the Toronto-based financial services firm agreed to sell the bulk of its capital markets business to Stifel Financial Corp. in a deal worth roughly $70 million.

Most actively traded companies on the TSX

Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (16,353.45, up 51.54 points ). Whitecap Resources Inc. (TSX:WCP). Energy. Down 12 cents, or 2.9 per cent, to $4.02 on 13.4 million shares.
'Hunger Games' prequel novel coming in 2020

'Hunger Games' prequel novel coming in 2020

NEW YORK — A decade after seemingly wrapping up "The Hunger Games," Suzanne Collins is bringing readers back to Panem. A prequel, set 64 years before the beginning of her multimillion-selling trilogy, is coming next year.
Employers take flexible approach to Raptors parade as huge numbers head downtown

Employers take flexible approach to Raptors parade as huge numbers head downtown

TORONTO — The massive response to the Toronto Raptors NBA championship parade has led numerous major employers to take a more flexible approach to work Monday. Sobeys Inc.
Shoppers to use blockchain technology to track medical cannabis quality

Shoppers to use blockchain technology to track medical cannabis quality

SAINT JOHN, N.B. — The vice-president of business development at Shoppers Drug Mart says blockchain technology can provide assurance for doctors and pharmacists about the quality of medical cannabis.
Bank of Canada deputy governor says flexible exchange rate helps economy

Bank of Canada deputy governor says flexible exchange rate helps economy

EDMONTON — Canada's flexible exchange rate has helped the economy adjust to external shocks and contributed to low and stable inflation, a senior Bank of Canada official said Monday.
Sotheby's sold! French-Israeli billionaire pays $3.7B

Sotheby's sold! French-Israeli billionaire pays $3.7B

NEW YORK — The 275 year old auction house Sotheby's is being sold to a French Israeli business man for about $3.7 billion. Sotheby's, founded in London in 1744, is the oldest company traded on the New York Stock Exchange.