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N.L. to wait another 40 days for federal decision on proposed offshore oil project

N.L. to wait another 40 days for federal decision on proposed offshore oil project

ST. JOHN'S, N.L. — Newfoundland and Labrador will have to wait another 40 days for a federal decision on the fate of a proposed offshore oil project led by Norwegian oil giant Equinor.
Russia cracks down on dissenting media, blocks Facebook

Russia cracks down on dissenting media, blocks Facebook

DUSSELDORF, Germany (AP) — Russian President Vladimir Putin on Friday intensified a crackdown on media outlets and individuals who fail to hew to the Kremlin line on Russia's war in Ukraine , blocking Facebook and Twitter and signing into law a bill
Gas prices top $2 per litre as Russian invasion sends crude oil surging

Gas prices top $2 per litre as Russian invasion sends crude oil surging

MONTREAL — The price of gasoline has topped $2 a litre in British Columbia as Canadians continue to see eye-popping numbers at the pump this week, spurred upward by Russia's invasion of Ukraine. The retail price of gas across the country averaged $1.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,402.43, up 152.02 points.) Suncor Energy Inc. (TSX:SU). Energy. Up 85 cents, or 2.2 per cent, to $40.06 on 25.4 million shares.
S&P/TSX composite closes up for second-straight week on rising commodity prices

S&P/TSX composite closes up for second-straight week on rising commodity prices

TORONTO — Canada's main stock index rose for a second-straight week as commodity prices continued to march higher with oil surpassing US$115 per barrel Friday over worries about the war in Ukraine.
House of Commons committee says Rogers' proposed takeover of Shaw should not proceed

House of Commons committee says Rogers' proposed takeover of Shaw should not proceed

OTTAWA — A parliamentary committee says a proposed multibillion-dollar takeover of one of Canada's largest telecoms should not proceed. But the House of Commons industry and technology committee says if Rogers Communications Inc.
Bombardier, Canadian Tire suspend Russia-linked operations over invasion of Ukraine

Bombardier, Canadian Tire suspend Russia-linked operations over invasion of Ukraine

Bombardier Inc. and Canadian Tire Corp. have joined other Canadian companies in suspending their Russia-linked operations following country's unprovoked invasion of Ukraine.
Stocks tumble as war overshadows 'fantastic' US jobs data

Stocks tumble as war overshadows 'fantastic' US jobs data

NEW YORK (AP) — Stocks around the world racked up more losses Friday, as even a gangbusters report on the U.S. jobs market can't pull Wall Street’s focus off its worries about the war in Ukraine. The S&P 500 fell 0.
Shopify says it has removed most 'pirated' content in copyright lawsuit

Shopify says it has removed most 'pirated' content in copyright lawsuit

Shopify Inc. says it has taken down the vast majority of content that five textbook publishers say is pirated and infringes on their trademarks.
Ottawa needs to help level playing field between Canadian media and big tech: Forum

Ottawa needs to help level playing field between Canadian media and big tech: Forum

OTTAWA — The Public Policy Forum says "urgent" action is needed from the Canadian government to level the playing field between news media and tech giants such as Meta and Google amid broad revenue declines in the media industry.