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Alberta government launches $7M ad campaign against incoming federal emissions cap

Alberta government launches $7M ad campaign against incoming federal emissions cap

EDMONTON — Alberta's government has launched a national ad campaign targeting the federal government's incoming emissions cap for the oil and gas sector. Premier Danielle Smith said Tuesday it's a de facto production cap that will stifle the economy.
Oil plunge drags down S&P/TSX composite, as tech stocks also take a hit

Oil plunge drags down S&P/TSX composite, as tech stocks also take a hit

Falling energy prices tugged Canada’s main stock index downward on Tuesday as producers responded to developments in the Middle East and China. The S&P/TSX composite index dipped by 32.09 points to 24,439.08. The 4.
Manitoba taps former federal cabinet minister to lead Winnipeg rail relocation study

Manitoba taps former federal cabinet minister to lead Winnipeg rail relocation study

WINNIPEG — Longtime federal Liberal cabinet minister Lloyd Axworthy has been tapped by the Manitoba government to lead a study into the decades-old issue of relocating rail lines in Winnipeg.
Taylor Swift tour dates expected to inject hundreds of millions into Toronto economy

Taylor Swift tour dates expected to inject hundreds of millions into Toronto economy

TORONTO — Taylor Swift fans headed to Toronto for a run of six concerts next month are expected to bring with them hundreds of millions of dollars in local economic activity, according to new modelling from a tourism organization.
Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop

Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop

NEW YORK (AP) — U.S. stocks pulled back from their records as the price of crude oil tumbled again and technology stocks faltered. The S&P 500 fell 0.8% Thursday, a day after setting an all-time high for the 46th time this year.
Pulp company fined for releasing 'acutely lethal' wastewater into Alberta river

Pulp company fined for releasing 'acutely lethal' wastewater into Alberta river

PEACE RIVER, Alta. — The operator of a pulp mill in northwestern Alberta has been fined $1 million for letting almost 31 million litres of toxic wastewater flow into the Peace River.
Moe promises to continue withholding federal carbon levy on home heating

Moe promises to continue withholding federal carbon levy on home heating

REGINA — Saskatchewan Party Leader Scott Moe says residents would continue to be exempt from paying the federal carbon levy on home heating if he's re-elected premier on Oct. 28.
Annual inflation falls to 1.6% in September, raises odds of 50-basis-point rate cut

Annual inflation falls to 1.6% in September, raises odds of 50-basis-point rate cut

OTTAWA — The chances of a half-percentage point interest rate cut by the Bank of Canada became more likely Tuesday after Statistics Canada reported annual inflation fell to 1.6 per cent in September.
Nova Scotia will continue to subsidize Maine ferry service for another two years

Nova Scotia will continue to subsidize Maine ferry service for another two years

HALIFAX — The Nova Scotia government says it will provide financial support for at least two more years to the private ferry service that links the province with Maine.
CREA lowers housing market forecast for 2024 amid 'holding pattern' for home sales

CREA lowers housing market forecast for 2024 amid 'holding pattern' for home sales

The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada's interest rate cuts haven't spurred the gradual improvement it previously anticipated.