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Rio Tinto Alcan fined $500,000 for one count of violating Fisheries Act

Rio Tinto Alcan fined $500,000 for one count of violating Fisheries Act

SAGUENAY, Que. — A Quebec court has ordered Rio Tinto Alcan Inc. to pay $500,000 after the company allowed the discharge of acidic water into the Saguenay River following the failure of a boiler at its Arvida factory in Saguenay, Que., in 2019.
Activist calls on Parkland to buy back shares and reduce debt

Activist calls on Parkland to buy back shares and reduce debt

CALGARY — An activist investor that had been urging Parkland Corp. to sell or spin off its Burnaby refinery earlier this year is back with a set of new recommendations for the Calgary-based company.
JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations

JPMorgan to pay $75 million on claims that it enabled Jeffrey Epstein's sex trafficking operations

NEW YORK (AP) — JPMorgan Chase agreed Tuesday to pay $75 million to the U.S. Virgin Islands to settle claims that the bank enabled the sex trafficking acts committed by financier Jeffrey Epstein.
Why you should consider a First Home Savings Account even if you can't afford a home

Why you should consider a First Home Savings Account even if you can't afford a home

If a lack of extra cash is turning you off of considering a First Home Savings Account, some experts say it might still be worth opening one before the year comes to a close. In fact, Ratehub.
US consumer confidence tumbles in September as American anxiety about the future grows

US consumer confidence tumbles in September as American anxiety about the future grows

WASHINGTON (AP) — The confidence of American consumers slipped this month, particularly about the future, as expectations persist that interest rates will remain elevated for an extended period.
Unifor contract talks with General Motors begin after workers ratify Ford deal

Unifor contract talks with General Motors begin after workers ratify Ford deal

TORONTO — Contract talks between Unifor and General Motors Canada begin today. The negotiations cover about 4,300 workers at the automaker's St. Catharines Powertrain Plant, the Oshawa Assembly Complex and the Woodstock Parts Distribution Centre.
Developer says it's moving to build 5,000 rental units because of Liberals' GST break

Developer says it's moving to build 5,000 rental units because of Liberals' GST break

OTTAWA — A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of the federal government's decision to eliminate GST charges on rental developments.
No new oil, coal projects needed as fossil fuel demand to peak this decade: IEA

No new oil, coal projects needed as fossil fuel demand to peak this decade: IEA

CALGARY — Even if no new government climate policies are introduced before 2030, global demand for fossil fuels will still peak before the end of the decade, a new report by the International Energy Agency states.
Pipestone shareholders to vote on Strathcona Resources' buyout offer

Pipestone shareholders to vote on Strathcona Resources' buyout offer

CALGARY — A dissident shareholder's campaign against a proposed merger between Pipestone Energy Corp. and Strathcona Resources Ltd. will be put to the test Wednesday.
Container shipments plummet at Port of Vancouver in step with falling consumer demand

Container shipments plummet at Port of Vancouver in step with falling consumer demand

The number of shipping containers passing through Canada's largest port fell sharply in the first half of the year, driven down by weaker consumer demand and a sputtering economy.