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S&P/TSX composite rises Friday amid strength in industrial stocks, U.S. markets up

S&P/TSX composite rises Friday amid strength in industrial stocks, U.S. markets up

TORONTO — Canada's main stock index rose in Friday trading amid strength in industrial and financial stocks, while U.S. markets also gained. The S&P/TSX composite index was up 74.45 points at 25,971.93.
'A first step': Crowsnest Pass mayor excited about Northback drilling approval

'A first step': Crowsnest Pass mayor excited about Northback drilling approval

CALGARY — The mayor of Crowsnest Pass in southwestern Alberta says the Alberta Energy Regulator's approval of a controversial coal exploration project on the eastern slopes of the Rocky Mountains is long overdue. "I think they finally woke up.
Strathcona Resources aims to join oilsands 'doppelgangers' with MEG takeover bid

Strathcona Resources aims to join oilsands 'doppelgangers' with MEG takeover bid

CALGARY — The executive chairman of Strathcona Resources Ltd. says his company aims to join two complementary oilsands players with its unsolicited takeover bid for MEG Energy Corp., but one analyst calls the $5.
'Trump factor' could cause gas price volatility this summer, analyst says

'Trump factor' could cause gas price volatility this summer, analyst says

CALGARY — The May long weekend is when gasoline prices tend to start levelling off ahead of the high-demand summer driving season.
US stocks push closer to their records as Wall Street closes out another winning week

US stocks push closer to their records as Wall Street closes out another winning week

NEW YORK (AP) — U.S. stocks closed out another strong week on a positive note. The S&P 500 rose 0.7% Friday, its fifth gain in a row and bringing its gain for the week to 5.3%. It was the third week of solid gains in the last four.
Stockwell Day supports Alberta vote on separation, warns it's dangerous for Tories

Stockwell Day supports Alberta vote on separation, warns it's dangerous for Tories

OTTAWA — The Alberta separatist movement presents a danger to the federal Conservative party, said former Tory member of Parliament Stockwell Day.
Canadian Tire a good fit for Hudson's Bay but will need to exercise caution: experts

Canadian Tire a good fit for Hudson's Bay but will need to exercise caution: experts

TORONTO — With Canadian Tire poised to become the new home for Hudson's Bay and its brands, retail experts say the company will have to balance the integrity and heritage of the 355-year-old department store with the wealth of possibilities its forth
University of Calgary launches initiative to study new relationship with the U.S.

University of Calgary launches initiative to study new relationship with the U.S.

CALGARY — Alberta is putting $6.5 million toward a new initiative at the University of Calgary to study how Canada's relationship with the United States is changing with U.S. President Trump in the White House.
Pipeline company South Bow sees profits, revenues fall in first quarter

Pipeline company South Bow sees profits, revenues fall in first quarter

CALGARY — Crude pipeline operator South Bow Corp. has reported a drop in quarterly profits and revenues.
Keystone restrictions, market uncertainty weigh on South Bow earnings forecast

Keystone restrictions, market uncertainty weigh on South Bow earnings forecast

CALGARY — Oil shipper South Bow Corp. is lowering the upper end of its 2025 earnings forecast due to market uncertainty and ongoing pressure restrictions on its Keystone pipeline.