February 18th, 2019

Business

Syrian chocolatier to hire, mentor refugees: ‘They come here to contribute’

By The Canadian Press on February 16th, 2019

ANTIGONISH, N.S. – A one-time Syrian refugee who founded a thriving Nova Scotia chocolate company has announced plans to hire and mentor other refugees. Peace by Chocolate of Antigonish, N.S., has committed to hiring 50 refugees by 2022, and to mentor 10 refugee-run start-ups over the next few years. The now-famous company was founded by ... Read More »

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Conservative leaders to attend pro-pipeline rally in Saskatchewan

By Stephanie Taylor, The Canadian Press on February 16th, 2019

MOOSOMIN, Sask. – Federal Tory leader Andrew Scheer and the conservative premiers of Saskatchewan and New Brunswick are to speak today at a pro-pipeline rally near the Saskatchewan-Manitoba boundary. The event at a pumpjack facility is to draw attention to concerns about Bill C-69 – federal legislation that proposes major changes to how energy projects ... Read More »

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Sidewalk Labs CEO responds to criticism around tax and transit plans

By Tara Deschamps, The Canadian Press on February 15th, 2019

TORONTO – Sidewalk Labs’s chief executive officer says it’s too “premature” to abandon any ideas it unveiled Thursday for a high-tech Toronto community it hopes to build, despite the concepts being met with fierce criticism. In an interview with The Canadian Press, Doctoroff indicated his Alphabet-backed company was open to tweaking ideas – including funding ... Read More »

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Ontario pot store lottery winner reaches licensing deal with Nova Cannabis

By The Canadian Press on February 15th, 2019

TORONTO – Nova Cannabis has reached a licence agreement with one of the lottery winners selected to apply for one of the first 25 cannabis retail licences in Ontario, with a location planned for Toronto. The chief executive of Alcanna Inc., which operates five Nova Cannabis stores in Alberta, says as part of the agreement ... Read More »

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Man apprehended in shooting at Illinois industrial park

By The Associated Press on February 15th, 2019

AURORA, Ill. – A shooter was apprehended after opening fire in an industrial park in in Aurora, Illinois, city officials said Friday, but police did not immediately say if anyone was shot. Live TV reports show dozens of first responder vehicles outside a building housing the Henry Pratt Co. Several ATF teams responded to the ... Read More »

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Alberta government contract to result in three new solar power plants

By The Canadian Press on February 15th, 2019

CALGARY – The Alberta government is granting a 20-year contract to supply about half of its electric power needs to a partnership that plans to build three new solar power plants for more than $100 million. Environment and Parks Minister Shannon Phillips says the contract to supply about 55 per cent of the government’s annual ... Read More »

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Canopy Growth to have hemp-CBD in U.S. as early as Q4

By Armina Ligaya, The Canadian Press on February 15th, 2019

Canopy Growth Corp. expects to have CBD products in the U.S. where permissible as early as the fourth-quarter, but says the related hemp-production facilities it has in the works can easily switch to cannabis if and when it becomes federally legal south of the border. Co-chief executive Bruce Linton said the licensed cannabis producer is ... Read More »

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Canada’s main stock index posts triple-digit gain pushing streak to six weeks

By The Canadian Press on February 15th, 2019

TORONTO – Canada’s main stock index posted a triple-digit gain Friday after oil hit a three-month high to extend the market’s winning streak to six weeks. The S&P/TSX composite index closed up 142.26 points to 15,838.24. In New York, the Dow Jones industrial average was up 443.86 points at 25,883.25. The S&P 500 index was ... Read More »

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Air Canada CEO sees clear skies ahead despite trade tensions and fuel volatility

By Christopher Reynolds, The Canadian Press on February 15th, 2019

MONTREAL – The head of Canada’s largest airline brushed off concerns about a slowing global economy after business passengers helped the airline top analysts’ earnings expectations last quarter even though fuel prices and currency rates drove it into the red. “Despite all of the backdrop of the noise that we hear about fears of a ... Read More »

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AP analysis: Hundreds of companies excused from steel tariff

By Richard Lardner And Larry Fenn, The Associated Press on February 15th, 2019

WASHINGTON – Despite President Donald Trump’s tough talk on trade, his administration has granted hundreds of companies permission to import millions of tons of steel made in China, Japan and other countries without paying the hefty tariff he put in place to protect U.S. manufacturers and jobs, according to an Associated Press analysis. The waivers ... Read More »

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