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US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls

US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls

WASHINGTON (AP) — America’s employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls.
Calgary's October home sales flat over 2023 but supply for lower-priced homes lagging

Calgary's October home sales flat over 2023 but supply for lower-priced homes lagging

CALGARY — The Calgary Real Estate Board says October home sales were mostly flat compared with last year's levels, but remained around one-quarter higher than long-term trends for the month.
Shares in Aecon up more than 10% after Q3 results top expectations

Shares in Aecon up more than 10% after Q3 results top expectations

TORONTO — Shares of Aecon Group Inc. were up more than 10 per cent after it reported a third-quarter profit that fell compared with a year ago, but topped expectations. The company reported a third-quarter profit of $56.
Pathways seeking bids for part of its proposed carbon capture network: Imperial

Pathways seeking bids for part of its proposed carbon capture network: Imperial

CALGARY — The Pathways Alliance group of oilsands companies has issued a request for proposals to pipe manufacturers for the massive carbon capture and storage network it wants to build in northern Alberta. The CEO of Imperial Oil Ltd.
Cogeco charts path for 'sustainable growth' as it reports dip in profits for Q4

Cogeco charts path for 'sustainable growth' as it reports dip in profits for Q4

MONTREAL — Cogeco Inc. says it will begin a three-year transformation program in its 2025 fiscal year to set the company on what it calls "a path to sustainable growth.
Enbridge in talks about Mainline pipeline expansion as Canadian oil output grows

Enbridge in talks about Mainline pipeline expansion as Canadian oil output grows

CALGARY — Enbridge Inc. has begun talks with its customers about expanding its Mainline pipeline network to handle growing volumes of Canadian oil output, the Calgary-based company said Friday.
OBSI becomes only banking complaints body as streamlining change takes effect

OBSI becomes only banking complaints body as streamlining change takes effect

TORONTO — Canadians now have a single place to appeal banking issues after the federal government's simplification of the system took effect Friday.
U.S. senator calls out lack of TD executives charged in money laundering settlement

U.S. senator calls out lack of TD executives charged in money laundering settlement

TORONTO — A U.S. senator is raising concerns that TD Bank Group executives did not face charges as part of the bank's settlement over its failure to detect large-scale money laundering. Sen. Elizabeth Warren says in a letter to the U.S.
Auto parts company Magna International lowers guidance amid production slump

Auto parts company Magna International lowers guidance amid production slump

TORONTO — Magna International Inc. cut its guidance for its full year after seeing its sales decrease last quarter amid a global production slump of light vehicles.
Laurentian Bank names veteran executive Robert Ouellette to board of directors

Laurentian Bank names veteran executive Robert Ouellette to board of directors

MONTREAL — Laurentian Bank of Canada says veteran executive Robert Ouellette is joining its board of directors as a new independent director.