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Oil and gas drilling sector wants federal tax credit to help it decarbonize

Oil and gas drilling sector wants federal tax credit to help it decarbonize

CALGARY — The organization representing Canada's oil and gas drilling sector is asking the federal government to create a new tax credit it says it needs to help the industry decarbonize.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO, Ohio — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,282.26, up 62.25): Suncor Energy Inc. (TSX:SU). Energy. Down 57 cents, or 1.2 per cent, to $47.72 on 18.4 million shares.
Tech stocks helps lift S&P/TSX composite despite energy sector weakness as oil falls

Tech stocks helps lift S&P/TSX composite despite energy sector weakness as oil falls

TORONTO — Optimism on a potential moderation in rate hikes helped boost growth sectors like technology on Canada's main stock index Wednesday and more than offset losses on the energy side as oil prices fell. U.S.
Barrick Gold facing lawsuit alleging Tanzanians were killed, injured by police

Barrick Gold facing lawsuit alleging Tanzanians were killed, injured by police

TORONTO — A group of more than 20 Tanzanians and their family members have filed a lawsuit against Barrick Gold Corp., alleging they or their loved ones were beaten, shot at or killed by police at one of the company's mines in the African country.
Stocks gain ground on Wall Street ahead of US holiday

Stocks gain ground on Wall Street ahead of US holiday

NEW YORK — Stocks closed broadly higher on Wall Street Wednesday, after the minutes from the Federal Reserve's most recent policy meeting showed central bank officials agreed that smaller rate hikes would likely be appropriate “soon.
Shaw CEO tells Competition Tribunal that company needs merger with Rogers

Shaw CEO tells Competition Tribunal that company needs merger with Rogers

OTTAWA — Shaw Communications Inc. says it doesn't have the scale and size to give customers the services and products they want, which is why it made the decision to merge with Rogers Communications Inc.
Some Big Six banks pulling ahead on climate policy but more to be done: report

Some Big Six banks pulling ahead on climate policy but more to be done: report

TORONTO — Some of Canada's Big Six banks are pulling ahead of others on climate policy but they all still have a ways to go, said a report out Wednesday.
Most Fed officials at last meeting backed slower rate hikes

Most Fed officials at last meeting backed slower rate hikes

WASHINGTON (AP) — Most Federal Reserve officials at their last meeting favored reducing the size of their interest rate hikes “soon’’— just before raising their benchmark rate by a substantial three-quarters of a point for a fourth straight time.
Business outlook worsened in third quarter: Statistics Canada

Business outlook worsened in third quarter: Statistics Canada

Business economic outlook worsened in the third quarter as interest rates began to have a cooling effect on the Canadian economy.
The CP Holiday Train returns to the rails for the first time in three years

The CP Holiday Train returns to the rails for the first time in three years

MONTREAL — For the first time since 2019, the Canadian Pacific Holiday Train will make its annual journey through Canada and the U.S. to bring live music and raise holiday spirits.