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CN Rail reports lower first quarter profit as winter weather bites into bottom line

Canadian National Railway Co. is cutting its 2018 financial outlook as it reports lower first-quarter income and revenue due to severe winter weather and lower network “resiliency.” The company says…

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Fossil fuels roar back in a world hungry for energy: Don Pittis

Green car enthusiast Matthew Klippenstein pulls his early model plug-in Prius into a Tim Hortons in Maple Ridge, B.C., to take my call. As gas prices begin to soar again Klippenstein, an engineer who, among…

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Leafs charge scalpers more and thieves steal more points: CBC’s Marketplace consumer cheat sheet

Miss something this week? Don’t panic. CBC’s Marketplace rounds up the consumer and health news you need. Want this in your inbox? Get the Marketplace newsletter every Friday. PC Optimum…

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BP granted approval to start drilling off Nova Scotia’s coast

BP Canada has been given the green light to start drilling off Nova Scotia’s coast. On Saturday, the Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) granted approval for the company to begin drilling…

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Oilpatch skeptical about backup plan for Trans Mountain

The federal government may have other options, if Kinder Morgan pulls the plug on the Trans Mountain pipeline. But the energy sector is still waiting on Plan A to be unveiled. …

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Inflation heats up to 2.3% in March

Canada’s inflation rate hit 2.3 per cent in the year up to March, the highest level since October 2014 as gas prices and just about everything else got more expensive. …

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Spat breaks out between Tim Hortons franchisee factions over public complaints

The Tim Hortons franchisee advisory board is slamming a group representing at least half of the brand’s restaurant owners for publicly making complaints about their parent company Restaurant Brands International…

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Kinder Morgan begins negotiations with Ottawa to save pipeline project

Kinder Morgan’s chief executive told investors on Wednesday afternoon that negotiations with the federal government are underway to strike a deal and salvage the Trans Mountain expansion project, which continues to…

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No Bank of Canada interest rate hike expected Wednesday

The Bank of Canada isn’t expected to change its benchmark interest rate on Wednesday. But that doesn’t mean it thinks the Canadian economy is chugging along normally. Governor Stephen Poloz…

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IMF trims growth forecast for Canada

The International Monetary Fund projects moderate economic growth for Canada this year and next, albeit at a pace slower than last year and significantly behind that in the United States….

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