January 18th, 2019

Business

Low-calorie ice cream makers see appetite for their pints in Canada

By Aleksandra Sagan, The Canadian Press on January 6th, 2019

An influx of low-calorie, low-sugar ice cream hit Canadian grocery store shelves last year in bright packages that put the calorie count front and centre as producers try a new strategy for the beloved guilty pleasure. While the ice cream industry may be declining in this country, experts and industry insiders believe companies serving less ... Read More »

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Five things to watch for in the Canadian business world in the coming week

By The Canadian Press on January 6th, 2019

TORONTO – Five things to watch for in the Canadian business world in the coming week: Bank conference The RBC Capital Markets Bank CEO Conference kicks off in Toronto on Tuesday. The event will feature presentations from the CEOs of Canada’s five big banks, which earned a combined total of more than $11 billion in ... Read More »

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UK leader May: Brexit critics risk damaging UK democracy

By The Associated Press on January 6th, 2019

LONDON – British Prime Minister Theresa May is warning critics of her Brexit deal that they risk damaging Britain’s democracy and its economy by opposing her plan. May wrote in the Mail on Sunday that the plan she struck with the European Union was the only one that respects the 2016 referendum result, protects jobs ... Read More »

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Activist seeks dismissal from pipeline racketeering lawsuit

By Blake Nicholson, The Associated Press on January 4th, 2019

BISMARCK, N.D. – An American Indian and environmental activist named in a federal racketeering lawsuit says her opposition to the Dakota Access oil pipeline was constitutionally protected free speech, not an attempt to incite violence as the company alleges. Krystal Two Bulls asked a judge in a court filing last month to dismiss her from ... Read More »

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Watchdog group urges probe of Ivanka Trump tax break role

By Stephen Braun, The Associated Press on January 4th, 2019

WASHINGTON – An ethics watchdog group asked the Justice Department on Friday to investigate whether President Donald Trump’s daughter Ivanka violated federal conflict-of-interest law by promoting an Opportunity Zone tax break program from which she could potentially benefit. The complaint from the Citizens for Responsibility and Ethics in Washington follows an Associated Press investigation last ... Read More »

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Trump says shutdown could last for ‘months or even years’

By Catherine Lucey, Lisa Mascaro And Jill Colvin, The Associated Press on January 4th, 2019

WASHINGTON – President Donald Trump declared Friday he could keep parts of the government shut down for “months or even years” as he and Democratic leaders failed in a second closed-door meeting to resolve his demand for billions of dollars for a border wall with Mexico. They did agree to a new round of weekend ... Read More »

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Markets end wild first week of the year with strong rebound on positive news

By The Canadian Press on January 4th, 2019

TORONTO – North American stock markets ended a wild first trading week of the year by rebounding strongly on positive trade, employment and interest rate news that buoyed the price of oil. The S&P/TSX composite index closed up 213.87 points to 14,426.62. In New York, the Dow Jones industrial average gained 3.3 per cent or ... Read More »

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Shutdown heads to Week 3 – Saturday talks but not with Trump

By Catherine Lucey, Lisa Mascaro And Jill Colvin, The Associated Press on January 4th, 2019

WASHINGTON – President Donald Trump declared Friday he could keep parts of the government shut down for “months or even years” as he and Democratic leaders failed in a second closed-door meeting to resolve his demand for billions of dollars for a border wall with Mexico. They did agree to a new round of weekend ... Read More »

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Toronto area home sales fall to 10-year low in 2018 as number of listings dip

By Linda Nguyen, The Canadian Press on January 4th, 2019

TORONTO – Home sales in Toronto and the surrounding area fell to a 10-year low in 2018, as the number of new listings hitting the market declined and homebuyers and sellers grappled with a new reality of higher interest rates and stricter mortgage rules. The Toronto Real Estate Board says there were 77,426 residential transactions ... Read More »

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Democrats, Trump set weekend shutdown talks – among aides

By Catherine Lucey, Lisa Mascaro And Jill Colvin, The Associated Press on January 4th, 2019

WASHINGTON – With no shutdown resolution in sight, President Donald Trump and Democratic leaders agreed Friday to additional staff-level talks over the weekend during a White House meeting at which Trump indicated he could keep parts of the government closed for “months or even years.” Trump met with the congressional leaders for the second time ... Read More »

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