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National Business
National Business
Electric vehicle maker Lion Electric cuts about 120 jobs as it looks to reduce costs
MONTREAL — The Lion Electric Co. says it's cutting about 120 jobs as part of a plan to reduce costs. The Montreal-based maker of electric trucks and buses says the cuts are mostly Canadian employees in overhead and product development roles.
Apr 18, 2024 5:03 AM
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Solving shortage of construction workers key to housing growth: experts
Solving a longstanding construction worker shortage will be key to boosting housing supply, experts say, as Canada's national housing agency continues to forecast housing start levels that fall short of growing demand.
Apr 18, 2024 1:00 AM
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Tech industry warns budget's capital gains proposals could cause 'irreparable harm'
TORONTO — The federal budget is being met with disdain from Canada's innovation industry, including tech darling Shopify, which called the capital gains measures in the fiscal plan a potential cause of "irreparable harm.
Apr 17, 2024 7:24 PM
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Manitoba Tories say premier's promise to control food prices has rung hollow
WINNIPEG — Manitoba's Opposition Progressive Conservatives say the NDP government's promise to crack down on rising grocery prices has proven to be an empty threat.
Apr 17, 2024 4:13 PM
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Elephant seal Emerson extends Victoria city break, defying relocation with 200km swim
VICTORIA — Emerson the elephant seal is back in Victoria after defying attempts to relocate him and swimming more than 200 kilometres to return to his preferred urban habitat to moult.
Apr 17, 2024 3:50 PM
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Feds, consumer advocate square off in court over air passenger refunds
The federal government and a consumer rights advocate squared off in court Wednesday over whether regulators misled passengers by encouraging travel credit rather than refunds at the onset of the pandemic.
Apr 17, 2024 3:13 PM
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B.C. government earmarks $300M to help TransLink buy more buses, reduce overcrowding
VANCOUVER — British Columbia is paying up to $300 million in new capital funding to help TransLink, Metro Vancouver's transit provider, add more buses to its fleet.
Apr 17, 2024 2:41 PM
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Boeing put under Senate scrutiny during back-to-back hearings on aircraft maker's safety culture
An engineer at Boeing said Wednesday that the aircraft company, in rushing to produce as many planes as possible, is taking manufacturing shortcuts that could lead to jetliners breaking apart.
Apr 17, 2024 2:28 PM
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Capital gains are going to be taxed more, and these economists say it's a good thing
OTTAWA — Canada's wealthiest individuals and corporations will soon pay taxes on a larger share of the capital gains they earn, a change that economists say will make the tax system more efficient, despite pushback from business groups.
Apr 17, 2024 1:59 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,656.05, up 13.18): Enbridge Inc. (TSX:ENB). Energy. Up 34 cents, or 0.75 per cent, to 45.89 on 11.5 million shares.
Apr 17, 2024 1:54 PM
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