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Wholesale sales rise 0.4 per cent in April, Statistics Canada reports

Wholesale sales rise 0.4 per cent in April, Statistics Canada reports

OTTAWA — Statistics Canada says wholesale sales rose 0.4 per cent in April to $71.5 billion as sales of building materials and supplies rose to a new record. The agency says sales of building material and supplies were up 8.7 per cent at $13.
NorthWest Healthcare Properties REIT raises offer for Australian trust

NorthWest Healthcare Properties REIT raises offer for Australian trust

TORONTO — NorthWest Healthcare Properties Real Estate Investment Trust is raising its hostile takeover offer for Australian Unity Healthcare Property Trust. In what it is calling its best and final offer, the Toronto-based trust says it will pay A$2.
France ditches masks outdoors; will end nightly virus curfew

France ditches masks outdoors; will end nightly virus curfew

PARIS (AP) — France is lifting mandatory mask-wearing outdoors and will halt an eight-month nightly coronavirus curfew on June 20.
Labour shortages, closed borders major obstacles to B.C. restaurant, tourism restarts

Labour shortages, closed borders major obstacles to B.C. restaurant, tourism restarts

VICTORIA — Progressive easing of pandemic health restrictions in British Columbia are welcome steps to bring back normal life, but tourism and restaurant sector representatives say operators face daunting COVID-19 related barriers of worker shortages
Federal judge blocks Biden's pause on new oil, gas leases

Federal judge blocks Biden's pause on new oil, gas leases

NEW ORLEANS (AP) — The Biden administration’s suspension of new oil and gas leases on federal land and water was blocked Tuesday by a federal judge in Louisiana, who ordered that plans continue for lease sales that were delayed for the Gulf of Mexico
DavidsTea starts fiscal year by swinging to small profit despite lower sales

DavidsTea starts fiscal year by swinging to small profit despite lower sales

MONTREAL — DavidsTea started its fiscal year by swinging to a small profit despite seeing sales plunge 28 per cent. The beverage company says it earned $3.2 million or 12 cents per diluted share for the three months ended May 1.
VerticalScope Holdings debuts on Toronto Stock Exchange at $22 per share

VerticalScope Holdings debuts on Toronto Stock Exchange at $22 per share

TORONTO — VerticalScope Holdings Inc. began trading on the Toronto Stock Exchange Tuesday after pricing its subordinate-voting shares at $22 per share.
Air Canada vows to fight US$26-million penalty from U.S. over unpaid refunds

Air Canada vows to fight US$26-million penalty from U.S. over unpaid refunds

Air Canada is vowing to fight a U.S. Department of Transportation move to seek a US$25.5-million penalty for "failing to provide consumers prompt refunds" after cancelling their flights amid the COVID-19 pandemic.
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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,231.32, up 73.67 points.) Canadian Natural Resources (TSX:CNQ). Energy. Up 67 cents, or 1.47 per cent, to $46.20 on 22.
Rising crude oil prices power TSX to new record high, while U.S. stock markets fall

Rising crude oil prices power TSX to new record high, while U.S. stock markets fall

TORONTO — Canada's main stock index set new records again on rising crude oil prices, including Western Canadian Select reaching its highest level since 2014, even as U.S. equities trended lower. The Canadian crude oil price moved above $58 a barrel.
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