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December 21, 2018 2:14 PM Factories lead Canada’s fastest economic growth in five months

Canadian gross domestic product grew at the fastest pace in five months on a lift from manufacturing, giving the economy fresh momentum to open the fourth quarter. Output grew 0.3 per cent in October, Statistics Canada said Friday from Ottawa, faster than the median forecast in a Bloomberg economist survey of 0.2 per cent. Factory production expanded 18

December 19, 2018 12:55 PM Live: Seventh St. Mike’s student arrested in ongoing sex assault investigation as police set to update media

A seventh former St. Michael’s College School student is facing criminal charges in an ongoing investigation into assault and sexual assault at the prestigious boys’ school, according to the boy’s lawyer. Lawyer Nicholas Xynnis confirmed the 15-year-old boy turned himself in to police Wednesday morning, but said he could not confirm what charges the boy is facing 17

December 1, 2018 4:52 PM Overflowing oil production continues to dampen oilpatch outlook, prices

Upgraded synthetic crude from oilsands mines was selling at an $18.50 (U.S.) discount to WTI (it typically trades near par) and Edmonton light oil was receiving about a $23 discount (U.S.), although it is of similar quality to WTI. In an update report on Nov. 21, Scotiabank analysts said the wider-than-usual discounts will cost the Western Canadian oil industry 26

November 30, 2018 11:44 AM AMLO’s NAFTA chief aims for U.S. to lift steel duties this year

The governments of Mexican President Enrique Pena Nieto and Canadian Prime Minister Justin Trudeau were aiming to get Donald Trump to lift the steel tariffs before signing the accord, known as the U.S. Mexico Canada Agreement, on the sidelines of a Group of 20 meeting in Argentina. That effort looks to have fallen short, and for Mexico talks will now pass to incoming 23

November 22, 2018 2:20 PM Morneau wants Trans Mountain pipeline built before he sells it

Canada is redoing consultation and environmental review on the pipeline in hopes of a “positive conclusion” on the expansion, he said. “If that moves forward the way that we hope it does, we’ll be in a position to assure the shippers who want to get it working that it’s operational — and at that stage, the value will be there to consider the private 19

November 21, 2018 11:24 PM What Canadian business is saying about Trudeau’s mini-budget

Canadian business was the focus of Prime Minister Justin Trudeau’s federal budget update Wednesday that outlined $16.5 billion worth of new support over six years, including $14 billion in tax breaks on new investment. The fiscal update—the most extensive set of revised projections outside the annual budget—came amid widespread calls to address the country’s 23

November 17, 2018 12:36 AM Ottawa to deliver competitive boost for Canadian companies

He said soft oil prices have created a “new headwind” for the Canadian economy. Markets, he said, are watching closely for Morneau’s response “to the competitive challenges posed by last year’s U.S. tax reforms,” particularly a made-in-Canada capital investment boost. “If Morneau delivers on that hope, some will see it as a new tailwind for a Canadian 20

November 15, 2018 11:29 PM Insurance Bureau of Canada says updated rules needed for driverless vehicles

Canada needs to modernize its auto insurance rules to accommodate driverless vehicles and should adopt a single insurance policy model similar to one that became law in the U.K. last summer, the Insurance Bureau of Canada said in a position paper Thursday. “Automated vehicles are coming to Canada’s roads, and the laws that govern insurance and vehicle 22

November 6, 2018 6:01 PM Higher oil prices take some heat off N.L.’s deficit

ST. JOHN’S, N.L. — Newfoundland and Labrador had an unexpected oil price spike to thank for some slight deficit relief reported in Tuesday’s fiscal update. The cash-strapped Atlantic province reported a $547-million deficit on Tuesday, compared to the $683-million deficit projected in this spring’s budget. Finance Minister Tom Osborne pointed to the overbudget 22

October 12, 2018 11:00 AM Explore deepest fears and desires in these new horror books

Sweden’s John Ajvide Lindqvist is best known for his novel (and its film adaptations) Let the Right One In, a stunning update of the traditional vampire story. Since that novel’s publication, Lindqvist has stamped his imprint upon several other sub-genres, including the zombie apocalypse saga, the child-gone-missing page-turner, and the Lovecraftian 42