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TC Energy warns Coastal GasLink pipeline costs up due to pandemic-related shutdown

TC Energy warns Coastal GasLink pipeline costs up due to pandemic-related shutdown

CALGARY — The CEO of TC Energy Corp. is warning that the cost of its Coastal GasLink pipeline to bring natural gas from northeastern B.C.
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Sienna Senior Living posts Q4 loss as pandemic-related expenses hurt bottom line

Sienna Senior Living posts Q4 loss as pandemic-related expenses hurt bottom line

MARKHAM — Sienna Senior Living Inc. is reporting a net loss of $8.7 million in the quarter ended Dec. 31 as the company faces higher costs related to the pandemic. The company's net income in the fourth quarter was $9.
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North American stock markets lose ground as investors take profits from recent highs

North American stock markets lose ground as investors take profits from recent highs

TORONTO — North American stock markets slumped from recent highs as investors pocketed some profits in stronger sectors. The S&P/TSX composite index closed down for a second straight day, losing 100.71 points to 18,274.07.
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First Bitcoin ETF in North America debuts on TSX as cryptocurrency prices surge

First Bitcoin ETF in North America debuts on TSX as cryptocurrency prices surge

TORONTO — North America's first Bitcoin exchange-traded fund began trading on the Toronto Stock Exchange today.
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Ontario loses 355,000 jobs in 2020, single largest decline on record: FAO

Ontario loses 355,000 jobs in 2020, single largest decline on record: FAO

TORONTO — Ontario lost more than 355,000 jobs last year - the single largest annual decline on record - due to the COVID-19 pandemic, the province's fiscal watchdog said Thursday.
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Barrick Gold proposes US$750 million one-time return of capital to shareholders

Barrick Gold proposes US$750 million one-time return of capital to shareholders

CALGARY — Buoyed by stronger gold and copper prices and flush with cash after realizing $1.5 billion in proceeds from the sale of non-core assets since 2019, Barrick Gold Corp.
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Teck Resources takes Fort Hills charge, cites higher pandemic costs for Chile project

Teck Resources takes Fort Hills charge, cites higher pandemic costs for Chile project

VANCOUVER — Teck Resources Ltd. is again writing down part of its stake in the Fort Hills oilsands mine in northeastern Alberta operated by partner Suncor Energy Inc.
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Fertilizer company Nutrien hikes dividend, plans share buybacks

Fertilizer company Nutrien hikes dividend, plans share buybacks

CALGARY — The CEO of Nutrien Ltd. says the fertilizer company will continue to grow organically as well as through acquisitions as it increases its dividend and launches a new share buyback program.
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WestJet to suspend flights to four Canadian cities until June amid low travel demand

WestJet to suspend flights to four Canadian cities until June amid low travel demand

WestJet said Thursday that it will suspend service to four Canadian cities amid slumping demand due to COVID-19 restrictions. Starting March 19, the airline plans to suspend all flights to St. John's, London, Ont., Lloydminster, Alta.
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Supreme Court turns down request by Canada Revenue Agency to hear Cameco tax case

Supreme Court turns down request by Canada Revenue Agency to hear Cameco tax case

OTTAWA — The Supreme Court of Canada has turned down a request by the Canada Revenue Agency which sought to have the top court hear an appeal regarding Cameco Corp. and its use of a subsidiary in Switzerland to sell and trade its uranium.
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