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S&P/TSX composite flat on Wednesday, U.S. stock markets fall

S&P/TSX composite flat on Wednesday, U.S. stock markets fall

TORONTO — Canada's main stock index was flat on Wednesday, helped by strength in battery metal and technology stocks, while U.S. stock markets moved lower. The S&P/TSX composite index was up 13.18 points at 21,656.05.
What measures were missing from the 2024 federal budget

What measures were missing from the 2024 federal budget

TORONTO — The federal budget tabled on Tuesday introduced $53 billion in new spending, but not everyone got what they were looking for. Here's a look at some of the measures not included in the Liberals government's fiscal plans.
Wildfire sparked by TC Energy pipeline rupture under control

Wildfire sparked by TC Energy pipeline rupture under control

CALGARY — A wildfire in west-central Alberta that was sparked by a natural gas pipeline rupture is under control, but an investigation into what caused the pipeline to break could take months or even years.
US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades

US reimposes oil sanctions on Venezuela as hopes for a fair presidential election fades

MIAMI (AP) — The Biden administration on Wednesday reimposed crushing oil sanctions on Venezuela, admonishing President Nicolás Maduro's attempts to consolidate his rule just six months after the U.S.
Biden promises to keep US Steel a 'totally American company' amid review of Japanese takeover plan

Biden promises to keep US Steel a 'totally American company' amid review of Japanese takeover plan

PITTSBURGH (AP) — President Joe Biden is promising to block the acquisition of U.S. Steel by a Japan company, saying it “should remain a totally American company. American-owned, American operated.
Budget pushes measures on open banking, lower fees forward, but timing unclear

Budget pushes measures on open banking, lower fees forward, but timing unclear

TORONTO — The federal budget pushed forward several banking sector initiatives, including open banking and lower fees, but had little detail on when changes would actually take effect.
Engine Capital backs Simpson Oil's call for strategic review at Parkland

Engine Capital backs Simpson Oil's call for strategic review at Parkland

CALGARY — An activist investor has sent a letter to the board of directors at Parkland Corp. backing a call from the company's largest shareholder for a strategic review at the fuel retailer. U.S.
Tesla to ask shareholders to reinstate $55 billion pay package for Musk rejected by Delaware judge

Tesla to ask shareholders to reinstate $55 billion pay package for Musk rejected by Delaware judge

AUSTIN, Texas (AP) — Tesla will ask shareholders to reinstate a compensation package for CEO Elon Musk potentially worth $55 billion that was rejected by a judge in Delaware this year and to move the electric car maker’s corporate home from Delaware
Paris prepares for 100-day countdown to the Olympics. It wants to rekindle love for the Games

Paris prepares for 100-day countdown to the Olympics. It wants to rekindle love for the Games

PARIS (AP) — In Paris' outskirts, a bright-eyed young girl is eager for the Olympic and Paralympic Games to end. That's because the swimming club where 10-year-old Lyla Kebbi trains will inherit an Olympic pool.
TC Energy pipeline rupture sparks wildfire near Edson, Alta.

TC Energy pipeline rupture sparks wildfire near Edson, Alta.

CALGARY — A natural gas pipeline owned by TC Energy Corp. ruptured near Edson, Alta., on Tuesday, sparking a wildfire. The Calgary-based pipeline operator confirmed the rupture in a statement late Tuesday afternoon.
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