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Food industry groups come together to develop 'breakthrough' code of practice

Food industry groups come together to develop 'breakthrough' code of practice

OTTAWA — A group of associations representing food producers and retailers has agreed to work together to develop a food industry code of practice, a collaboration one industry insider is calling a "breakthrough" for ensuring a reliable and affordabl
Banks face questions about deploying cash as they ease up on reserve-building

Banks face questions about deploying cash as they ease up on reserve-building

TORONTO — After a year of building up reserves to protect themselves from customers who may default on loans, banks are starting to consider how they might deploy their cash when the COVID-19 pandemic subsides.
Mortgage refinancing starting to cool from pandemic highs: TD Bank

Mortgage refinancing starting to cool from pandemic highs: TD Bank

TORONTO — The COVID-19 pandemic caused a flurry of consumers to refinance their mortgages as new, low interest rates were offered, but TD Bank Group is seeing signs that the trend is easing up.
Goldboro LNG builder Pieridae proposes carbon capture and power project in Alberta

Goldboro LNG builder Pieridae proposes carbon capture and power project in Alberta

CALGARY — The company behind a proposed liquefied natural gas export facility in Nova Scotia is planning a power plant and carbon capture facility at its central Alberta natural gas processing plant that will help offset its LNG project's future carb
Canadian drilling contractor association changes name to reflect energy transition

Canadian drilling contractor association changes name to reflect energy transition

CALGARY — A 72-year-old bastion of the Canadian oilpatch is changing its name and mandate in a sign of the times as the world aims to reduce its use of fossil fuels in favour of cleaner, greener forms of energy.

Fewer Americans sign contracts to buy homes in April

SILVER SPRING, Md. (AP) — Fewer Americans signed contracts to buy homes in April as a lack of supply continues to foil would-be buyers. The National Association of Realtors’ index of pending home sales fell 4.4% to 106.
Bluenose schooner centennial events receiving more than $190,000 for anniversary year

Bluenose schooner centennial events receiving more than $190,000 for anniversary year

LUNENBURG, N.S. — Three levels of government are providing funding to help promote the 100th anniversary of the launch of the Bluenose schooner in Nova Scotia. Ottawa, the province and the Town of Lunenburg, N.S.

First quarter GDP unchanged at robust 6.4% annual rate

WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 6.4% in the first three months of this year, unchanged from the government's initial estimate.
Crowdfunded real estate growing, but remember to research before investing: experts

Crowdfunded real estate growing, but remember to research before investing: experts

TORONTO — Across the bridge from B.C.'s Granville Island sits a building with 45 apartments atop a Subway restaurant and nail salon. While the Lex might look similar to its neighbours, its soon-to-be investors are hardly the norm.
US jobless claims fall to 406,000, a new pandemic low

US jobless claims fall to 406,000, a new pandemic low

WASHINGTON (AP) — The number of Americans seeking unemployment benefits dropped last week to 406,000, a new pandemic low and more evidence that the job market is strengthening as the virus wanes and economy further reopens.
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