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Lawyers for ejected United Airlines passenger David Dao to speak today

cbc news - Thu, 04/13/2017 - 10:47

Lawyers for the man who was forcibly ejected from a United Airlines flight last week in the U.S. will speak today in front of television cameras for the first time since the incident.

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Loblaws to open 30 new stores in annual expansion

cbc news - Thu, 04/13/2017 - 08:38

Grocery giant Loblaw Companies Ltd. plans to spend $1.3 billion renovating 500 stores and opening 30 new ones this year, in an expansion plan that will include more fresh food offering at its Shoppers Drug Mart unit.

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Halifax's Chronicle Herald buys all Atlantic Canadian Transcontinental papers

cbc news - Thu, 04/13/2017 - 08:15

The owner of a Nova Scotia newspaper whose unionized journalists have been on strike for more than a year announced Thursday it is buying more than two dozen Atlantic Canadian papers owned by Transcontinental Inc.

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First Nations aim to capitalize on economic opportunity of legal pot industry

cbc news - Thu, 04/13/2017 - 07:00

First Nations want to be among those cashing in on what could become a multibillion-dollar industry if the federal government follows through on making marijuana a legal recreational drug in Canada.

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Stephen Poloz's hints of optimism restrained by Toronto houses, Trump and investment

cbc news - Thu, 04/13/2017 - 05:00

The Bank of Canada is a bit more optimistic, according to the latest Monetary Policy Report. But governor Stephen Poloz doesn't want you to forget the downside potential.

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Trump says China won't be labelled a currency manipulator

cbc news - Wed, 04/12/2017 - 16:20

Backing away from a campaign pledge, President Donald Trump says his administration will not label China a currency manipulator in a report due this week, though he does feel the U.S. dollar "is getting too strong."

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Gas prices jump across country due to weak loonie, warmer weather

cbc news - Wed, 04/12/2017 - 13:48

Spring is here, the mercury is rising — and so are gas prices. In some parts of the country, prices have jumped almost 10 cents a litre, literally overnight.

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Shaw Communications shares jump on better-than-expected subscriber numbers

cbc news - Wed, 04/12/2017 - 13:07

Shaw Communications Inc. added more wireless subscribers and lost fewer TV, Internet and landline customers than expected in its most recent quarter, sending its shares higher.

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Charging Bull sculptor accuses NYC of violating his rights with Fearless Girl

cbc news - Wed, 04/12/2017 - 10:10

The sculptor of Wall Street's Charging Bull statue is accusing New York City of violating his legal rights by allowing the Fearless Girl statue to be installed facing the bronze beast, without his permission.

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Bank of Canada leaves key interest rate steady at 0.5%

cbc news - Wed, 04/12/2017 - 09:36

Bank of Canada governor Stephen Poloz will hold a news conference this morning after the central bank left a benchmark interest rate steady at 0.5 per cent. You can watch Poloz speak live at 11:15 a.m. ET.

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BlackBerry awarded $815M in arbitration with Qualcomm over royalty overpayments

cbc news - Wed, 04/12/2017 - 09:07

BlackBerry Ltd. says it has been awarded $814.9 million US in a binding interim arbitration decision in a dispute with Qualcomm Inc. over royalty overpayments.

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'No one should ever be mistreated this way,' apologetic United CEO says in TV interview

cbc news - Wed, 04/12/2017 - 08:16

United Airlines CEO Oscar Munoz said the company would not use law enforcement officers to remove overbooked passengers from aircraft in the wake of a video that showed a forcible removal of a Chicago passenger on Sunday.

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Why airlines overbook flights and what bumped passengers can do about it

cbc news - Wed, 04/12/2017 - 05:00

The viral video of a man being dragged off an overbooked United Airlines flight raises questions about overbooking, the rights of passengers and what they can do to avoid being bumped.

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Tax policy on legal pot sales must squeeze out criminal competition: Don Pittis

cbc news - Wed, 04/12/2017 - 05:00

Don't count on that cannabis revenue yet. Experts who study the market say the first job for governments is to control the market.

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Canada faces risk from potential housing correction: Moody's

cbc news - Tue, 04/11/2017 - 14:59

Moody's Investors Service has released a report that identifies Canada as one of four Aaa-rated countries that are exposed to a potential housing market correction.

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Printed titanium parts expected to save millions in Boeing Dreamliner costs

cbc news - Tue, 04/11/2017 - 11:52

Boeing Co. has hired Norsk Titanium AS to print the first structural titanium parts for its 787 Dreamliner, a shift that the Norwegian 3D printing company said would eventually shave $2 million to $3 million US off the cost of each plane.

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Troubled Toshiba forecasts big loss

cbc news - Tue, 04/11/2017 - 10:57

Toshiba Corp., whose U.S. nuclear unit Westinghouse Electric Co. has filed for bankruptcy protection, reported unaudited earnings Tuesday and projected a 1.01 trillion yen ($12 billion Cdn) loss for the fiscal year that ended in March.

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