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Oil prices take another dive - can the oilpatch take it?

cbc news - Mon, 06/26/2017 - 05:00

Oil trading closer to $40 US a barrel is unpleasant for the energy sector, but it is not quite as disastrous as it was three years ago. Years of suffering have made the energy sector more efficient.

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From condoms to caskets: merchandise marks Canada's 150th birthday

cbc news - Sun, 06/25/2017 - 14:00

It's been said that Canadians are not brash about their patriotism, but you wouldn't know it from the variety of merchandise, big and small, being snapped up in advance of Canada's 150th birthday July 1.

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Airbag maker Takata expected to file for bankruptcy Monday

cbc news - Sun, 06/25/2017 - 12:36

Drowning in a sea of lawsuits and recall costs, Japanese airbag maker Takata Corp. is expected to seek bankruptcy protection in Tokyo and the United States early Monday.

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Warning labels might be coming to cheese: CBC's Marketplace consumer cheat sheet

cbc news - Sun, 06/25/2017 - 09:00

Miss something this week? Here's the consumer news you need to know.

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How Sears' troubles could hasten radical change in Canada's malls

cbc news - Sun, 06/25/2017 - 05:00

Canadian mall owners and developers were already in the process of getting approval for major makeovers - now Sears gives them all the more reason to move fast.

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Proposed rules for CRA amnesty program could expose more tax-cheat advisers

cbc news - Sun, 06/25/2017 - 05:00

The Canada Revenue Agency is proposing tougher rules for tax cheats who voluntarily come forward looking for amnesty. The rules would hit sophisticated taxpayers with more penalties and require them to identify advisers and firms who helped with dodgy offshore tax schemes. Critics welcome the changes, but say more needs to be done.

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Forget the poop scooping: who will pay the bills for your pet?

cbc news - Sat, 06/24/2017 - 05:00

Pets are expensive, but few of us pay enough attention to the money we'll spend by adding a furry addition to the family. Here are 6 ways to cut down on pet costs.

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'Eventually, many will run out': How an LCBO strike could impact restaurants and bars

cbc news - Fri, 06/23/2017 - 20:52

A long drawn-out strike by liquor store workers could have a significant impact on Ontario's restaurants, wine importers, bars and consumers. But it could offer a boon to local wineries.

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CIBC looks to generate quarter of earnings from U.S.

cbc news - Fri, 06/23/2017 - 13:20

CIBC closed its acquisition of Chicago-based PrivateBancorp on Friday, securing its foothold in the U.S. where CEO Victor Dodig said the bank hopes to one day generate a quarter of its earnings.

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Consumer demand for debt as high as it has ever been, Equifax says

cbc news - Fri, 06/23/2017 - 12:14

Canadians' appetite for debt is as insatiable as it has ever been, a new report from credit monitoring firm Equifax says.

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Norsat International investors approve takeover bid from Chinese firm

cbc news - Fri, 06/23/2017 - 10:59

​Norsat International Inc. says its securityholders have voted to approve a controversial takeover of the company by Chinese company Hytera Communications Co. Ltd.

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Inflation rate cools to 1.3% in May as food prices now cheaper than a year ago

cbc news - Fri, 06/23/2017 - 08:57

The cost of living rose by 1.3 per cent in the year up to May, a slightly slower pace than it increased by a month earlier.

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BlackBerry swings to $671M quarterly profit despite lower sales

cbc news - Fri, 06/23/2017 - 08:28

BlackBerry is reporting a $671 million US profit for the first quarter but its revenue was lower than expected, missing analyst estimates.

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Too little, too late? Sears tries to rebrand by getting hip, hiding name

cbc news - Fri, 06/23/2017 - 05:00

In its battle for survival, Sears Canada is trying to shed its old-school image with a fresh look and hipper brands — all displayed at a new pop-up shop in downtown Toronto. But experts say Sears' reinvention is 'too little too late.'

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3 years into the downturn, is Calgary better off?

cbc news - Fri, 06/23/2017 - 05:00

The glory days may be behind the city, but three years after oil prices started to fall, Calgary is starting to shrug off the downturn.

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Postmedia selling Infomart division

cbc news - Thu, 06/22/2017 - 15:22

Postmedia Network Canada Corp. has signed a deal to sell Infomart, its media monitoring division, to Meltwater News Canada Inc. for $38.25 million.

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Qatar Airways seeks 10% stake in American Airlines

cbc news - Thu, 06/22/2017 - 12:49

State-owned Qatar Airways is attempting to buy a 10 per cent stake in American Airlines, triggering U.S. antitrust oversight of deals that size.

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