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Walz administration keeps up fight against Line 3

Walz administration keeps up fight against Line 3

MINNEAPOLIS — Gov. Tim Walz's administration said Tuesday it will appeal the latest approvals by state utility regulators for Enbridge Energy's plan to replace its old and corroding Line 3 crude oil pipeline across northern Minnesota.
Tim Hortons delays hockey Barbie roll out to rush production of Black doll

Tim Hortons delays hockey Barbie roll out to rush production of Black doll

Barbie is getting ready to hit the hockey rink with an assist from Tim Hortons.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (16,626.06, down 30.06 points) D-Box Technologies Inc. (TSX:DBO). Technology. Up nearly 10 cents, or 86.36 per cent, to nearly $0.
Canada Energy Regulator forecasts 6.6% drop in Canadian oil production this year

Canada Energy Regulator forecasts 6.6% drop in Canadian oil production this year

CALGARY — The Canada Energy Regulator says its expects oil production in Canada will average 4.38 million barrels per day this year, down by 6.6 per cent compared with 2019.
Canadians taking steps to avoid credit card debt, despite economic pressure

Canadians taking steps to avoid credit card debt, despite economic pressure

Taking on more credit card debt has not been part of the COVID-19 pandemic plan for many Canadians, data from TransUnion Canada on Tuesday suggests. The credit reporting agency said in a quarterly report that credit card balances fell 12.
S&P/TSX composite down on energy weakness, U.S. stock markets mixed

S&P/TSX composite down on energy weakness, U.S. stock markets mixed

TORONTO — Canada's main stock index closed in the red Tuesday as energy weighed down the index, while the S&P 500 hit a record high. "There's a very distinct story in the markets today and that's largely one of the divergence between the U.S.
Morneau's successor faces challenges amid pandemic spending, unemployment

Morneau's successor faces challenges amid pandemic spending, unemployment

Canada's next finance minister faces a serious challenge as the country charts its way through the most difficult economic circumstances since the Great Depression.
Virus-induced spending spurs sales at Home Depot, Walmart

Virus-induced spending spurs sales at Home Depot, Walmart

NEW YORK — Americans turned to Walmart and Home Depot for supplies and do-it-yourself projects as they stayed close to home at a time when new cases of virus surged, resulting in soaring sales for their fiscal second quarter.

PetroTal aims to restart Peru oilfield by end of August after violent protests

Calgary-based PetroTal Corp. says it expects to restart production by month's end at its Bretana oilfield in Peru after it was closed last week due to violent civil unrest.
Ontario Teachers' invests in warehouse robotics firm inspired by ant colonies

Ontario Teachers' invests in warehouse robotics firm inspired by ant colonies

CALGARY — A Calgary-based firm that bases its warehouse robotics system on the structure of ant colonies says it has attracted US$50 million in funding from a group led by the Ontario Teachers’ Pension Plan Board.