April 21st, 2019

Business

Garneau calls for flight simulators before Max 8s can return to Canadian skies

By The Canadian Press on April 17th, 2019

MONTREAL – Transport Minister Marc Garneau says airlines that want to fly the Boeing 737 Max 8 in Canadian airspace must first train their pilots using a flight simulator. Until recently, most U.S. airlines did not require flight simulation for pilots of the Max 8, which aviation authorities across the globe grounded in the wake ... Read More »

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More Jason Bourne adventures heading to bookstores

By The Associated Press on April 17th, 2019

NEW YORK – Two of Robert Ludlum’s blockbuster creations, the maverick-spy Jason Bourne and the top secret Treadstone program, will soon be at work again Putnam announced Wednesday that it had a four-book deal with the late author’s estate for two thrillers each in the Bourne and Treadstone series. “Robert Ludlum’s The Treadstone Resurrection,” written ... Read More »

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Oil and gas sector applauds pro-business government as pipelines remain in limbo

By Dan Healing, The Canadian Press on April 17th, 2019

CALGARY – Alberta’s oilpatch is celebrating the election of a pro-business government, despite analyst observations that premier-designate Jason Kenney may not be able to do much about getting new oil export pipelines built. “To many of our fellow oil and gas workers who are out of work, underemployed, or otherwise without hope, it feels like ... Read More »

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TREB secures permanent injunction against Mongohouse using its data

By The Canadian Press on April 17th, 2019

TORONTO – The Toronto Real Estate Board says it has secured a permanent injunction to stop the now-defunct property listing site Mongohouse from sharing its real estate data. The board sued Mongohouse last fall, alleging the site was illegally accessing, copying and distributing its proprietary multiple listing service data. It says the Federal Court of ... Read More »

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CRTC holds hearing into dispute between Quebecor and Bell over TVA Sports signal

By The Canadian Press on April 17th, 2019

GATINEAU, Que. – The head of Quebecor questioned the power of the Canadian Radio-television and Telecommunications Commission in its quarrel with Bell. The telecom regulator held a hearing today to address the dispute between the two media companies that led to the temporary suspension of TVA Sports’ signal for Bell subscribers until a judge last ... Read More »

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Canada, EU punch back at U.S. Cuba shift, vow to defend their companies

By Mike Blanchfield, The Canadian Press on April 17th, 2019

OTTAWA – Canada and the European Union hit back Wednesday at the Trump administration’s decision to allow lawsuits against foreign companies connected to properties seized from American firms during the Cuban revolution, vowing to protect their businesses. Canada and the EU pledged to work together in the World Trade Organization and ban the enforcement or ... Read More »

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U.S. allows lawsuits against foreign companies in Cuba, imperilling Canada

By Mike Blanchfield, The Canadian Press on April 17th, 2019

OTTAWA – The Trump administration says it will now allow lawsuits against foreign companies connected to properties seized from American firms during the Cuban revolution – including Canadian businesses. The landmark tightening of the U.S. trade embargo on Cuba’s communist government represents a major shift in U.S. foreign policy – one that now could place ... Read More »

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Energy and financials help lift TSX higher, U.S. stock markets mixed

By The Canadian Press on April 17th, 2019

TORONTO – Canada’s main stock index crept higher in late-morning trading, boosted by gains in the energy and financial sectors. The S&P/TSX composite index was up 11.99 points at 16,514.19. In New York, the Dow Jones industrial average was down 6.14 points at 26,446.52. The S&P 500 index was down 2.66 points at 2,904.40, while ... Read More »

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Time releases its 100 most influential people issue

By The Associated Press on April 17th, 2019

NEW YORK – Actress Taylor Swift, TV journalist Gayle King and soccer star Mohamed Saleh are among the six famous faces featured on the covers of Time’s annual “100 Most Influential People in the World” issue. The other cover stars also included House Speaker Nancy Pelosi and actors Sandra Oh and Dwayne Johnson. Fellow Democrat ... Read More »

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Canada’s inflation rate strengthens to 1.9% as gasoline prices bounce back

By Andy Blatchford, The Canadian Press on April 17th, 2019

OTTAWA – Canadian inflation accelerated last month as fresh strength in gasoline prices removed a large amount of downward pressure on the rate, according to a new report Wednesday from Statistics Canada. The agency’s consumer price index increased 1.9 per cent in March, up from a two-month stretch that delivered weaker readings of 1.5 per ... Read More »

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