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WestJet hires first chief medical officer

WestJet hires first chief medical officer

CALGARY — WestJet Airlines Ltd. says it has hired its first chief medical officer. Dr.
S&P/TSX composite falls on broad-based decline led by technology, materials sectors

S&P/TSX composite falls on broad-based decline led by technology, materials sectors

TORONTO — Canada's main stock index sustained its weakest performance in more than two weeks as strong economic data stoked fears of higher inflation.
U.S. deep freeze weather boosts Canadian oil and gas producer profits and prospects

U.S. deep freeze weather boosts Canadian oil and gas producer profits and prospects

CALGARY — Canadian oil and gas producers are banking higher profits as unusually severe winter weather sidelines U.S. rivals this week and drives up demand and prices for their products.
7-Eleven's in-store alcohol plans are a new take on old model, restaurant group says

7-Eleven's in-store alcohol plans are a new take on old model, restaurant group says

7-Eleven's plans to serve alcohol in Ontario may be hard for convenience store patrons to envision. But it is actually a new take on an old format, says James Rilett, vice president of Central Canada for industry group Restaurants Canada.
Fed officials expressed concerns in over slowing economy

Fed officials expressed concerns in over slowing economy

WASHINGTON — Federal Reserve officials were convinced last month that the U.S. economy and job growth had slowed as coronavirus cases surged across the country, noting that the outlook is heavily dependent on the course of the virus.
TC Energy cutting more than 1,000 Keystone XL construction jobs as work halted

TC Energy cutting more than 1,000 Keystone XL construction jobs as work halted

CALGARY — TC Energy Corp. is planning to eliminate more than 1,000 construction jobs related to its decision to halt work on its Keystone XL pipeline expansion project. The company suspended work on the project Wednesday as U.S.
S&P/TSX composite slips in morning trading, loonie moves higher

S&P/TSX composite slips in morning trading, loonie moves higher

TORONTO — Canada's main stock index dipped in early trading, lagging U.S. markets as the Canadian dollar headed higher. The S&P/TSX composite index was down 33.13 points at 17,981.78. In New York, the Dow Jones industrial average was up 37.
US home construction jumps 5.8% in December to 1.67 million

US home construction jumps 5.8% in December to 1.67 million

WASHINGTON — U.S. home construction jumped 5.8% in December to 1.67 million units, a 14-year high that topped the strongest annual showing from the country's builders in 15 years. The better-than-expected December gain followed an increase of 9.
US jobless claims decline to a still-high 900,000

US jobless claims decline to a still-high 900,000

WASHINGTON — The number of Americans seeking unemployment benefits fell slightly last week to 900,000, still a historically high level that points to ongoing job cuts in a raging pandemic.
CFIB raises estimate of small businesses at risk of closing permanently

CFIB raises estimate of small businesses at risk of closing permanently

TORONTO — More than 200,000 Canadian businesses could close permanently during the COVID-19 crisis, throwing millions of people out of work as the resurgence of the virus worsens across much of the country, according to new research.