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TC Energy cutting more than 1,000 Keystone XL construction jobs as work halted

CALGARY — TC Energy Corp. is planning to eliminate more than 1,000 construction jobs related to its decision to halt work on its Keystone XL pipeline expansion project. The company suspended work on the project Wednesday as U.S.

S&P/TSX composite slips in morning trading, loonie moves higher

TORONTO — Canada's main stock index dipped in early trading, lagging U.S. markets as the Canadian dollar headed higher. The S&P/TSX composite index was down 33.13 points at 17,981.78. In New York, the Dow Jones industrial average was up 37.

US home construction jumps 5.8% in December to 1.67 million

WASHINGTON — U.S. home construction jumped 5.8% in December to 1.67 million units, a 14-year high that topped the strongest annual showing from the country's builders in 15 years. The better-than-expected December gain followed an increase of 9.

US jobless claims decline to a still-high 900,000

WASHINGTON — The number of Americans seeking unemployment benefits fell slightly last week to 900,000, still a historically high level that points to ongoing job cuts in a raging pandemic.

CFIB raises estimate of small businesses at risk of closing permanently

TORONTO — More than 200,000 Canadian businesses could close permanently during the COVID-19 crisis, throwing millions of people out of work as the resurgence of the virus worsens across much of the country, according to new research.

WestJet to reintroduce Boeing 737 Max today in flight from Calgary to Vancouver

CALGARY — WestJet Airlines will operate the first commercial Boeing 737 Max flight in Canada today since the aircraft was grounded in 2019 following two deadly crashes.

Changes in Indian farm laws could benefit Canada, experts say

VANCOUVER — Changes to India's farm laws could open up the second most populous country to Canadian farmers, although a lot remains unknown about how a liberalized market might affect nations looking to export their produce, experts say.

SAP announces expansion to new downtown Montreal office, adding 30 employees

MONTREAL — Enterprise software company SAP Canada will open a new research and development office in Montreal for its SAP Labs division and plans to add 30 new employees as part of the expansion.

Biden plans temporary halt of oil activity in Arctic refuge

JUNEAU, Alaska — President Joe Biden's administration announced plans Wednesday for a temporary moratorium on oil and gas leasing in Alaska's Arctic National Wildlife Refuge after the Trump administration issued leases in a part of the refuge conside

Comfort TV viewing gives ratings boost to football, dramas

LOS ANGELES — An unprecedented impeachment hearing failed to keep TV viewers from settling back into familiar, escapist habits last week.