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'Ready to roll': CP Rail preparing for KCS merger, ruling expected within weeks

'Ready to roll': CP Rail preparing for KCS merger, ruling expected within weeks

CALGARY — With the final decision by a U.S. regulator just weeks away, Canadian Pacific Railway Ltd.'s CEO says the company is "ready to roll" on its proposed merger with U.S. railroad Kansas City Southern.
'Made-in-Canada system' keeps egg supply stable. But is it also keeping prices high?

'Made-in-Canada system' keeps egg supply stable. But is it also keeping prices high?

Canada's egg industry appears to be quietly sidestepping widespread shortages and wildly spiking prices affecting other countries, and some say supply management is to thank.
Taseko in talks regarding potential deal to up stake in Gibraltar copper mine

Taseko in talks regarding potential deal to up stake in Gibraltar copper mine

VANCOUVER — Taseko Mines Ltd. says it is in talks regarding a potential deal to increase its stake in its Gibraltar copper mine in B.C. The company says it has been in confidential discussions with Sojitz Corp.

Reports: 8 migrants' bodies recovered by Italian coast guard

MILAN (AP) — The bodies of eight migrants have been recovered by Italy's coast guard during an operation overnight that also rescued 42 survivors in the central Mediterranean off the island of Lampedusa, Italian news agency ANSA reported Friday.

OpenText Corp. sees revenues rise 2.4 per cent in latest financial quarter

WATERLOO, ONTARIO — OpenText Corp. reported revenues for the most recent quarter were up 2.4 per cent year over year, with cloud revenues rising 12 per cent. Net income for their second quarter ended Dec. 31 amounted to US$258.5 million, up 192.
'Risky gamble:' NDP urges Alberta government to end fixation with pulling out of CPP

'Risky gamble:' NDP urges Alberta government to end fixation with pulling out of CPP

EDMONTON — Alberta's Opposition leader says Premier Danielle Smith’s government needs to end its fixation with pulling the province out of the Canada Pension Plan.
Teck completes sale of Fort Hills stake to project partners; exits oilsands

Teck completes sale of Fort Hills stake to project partners; exits oilsands

VANCOUVER — Teck Resources Ltd. says it has completed the sale of its 21.3 per cent stake in the Fort Hills oilsands mine to Suncor Energy Inc. and TotalEnergies EP Canada Ltd.
Utility board defies Nova Scotia government, allows 14 per cent power rate hike

Utility board defies Nova Scotia government, allows 14 per cent power rate hike

HALIFAX — Nova Scotia's utility regulator has defied the provincial government and approved an average 14 per cent increase in electricity rates over two years. Premier Tim Houston said last November that his government opposed the increase of 6.

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 (20,740.44, down 10.61): Hut 8 Mining Corp. (TSX:HUT). Financials. Up 32 cents, or 11.11 per cent, to $3.20 on 10.9 million shares.
Tech sector helps lift S&P/TSX composite from energy losses, U.S. markets mixed

Tech sector helps lift S&P/TSX composite from energy losses, U.S. markets mixed

TORONTO — Canada's main stock index shored itself up against losses in the energy sector for the second day in a row, while U.S. markets were mixed. The S&P/TSX composite index was down 10.61 points at 20,740.44.
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