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Trans Mountain pipeline expansion on schedule, budget after one year, CEO says

Trans Mountain pipeline expansion on schedule, budget after one year, CEO says

CALGARY — A year after construction was allowed to restart on the Trans Mountain pipeline expansion, its chief executive says the project is on budget and on schedule for completion by the end of 2022.
Loblaw investing $75 million for minority stake in telemedicine firm Maple

Loblaw investing $75 million for minority stake in telemedicine firm Maple

TORONTO — Loblaw Companies Ltd. is spending $75 million for a minority stake in telemedicine company Maple Corp., which helps connect people with doctors and medical specialists using a smartphone or computer.
Canadian Press NewsAlert: U.S. standing down on aluminum tariffs

Canadian Press NewsAlert: U.S. standing down on aluminum tariffs

OTTAWA — The United States is standing down in its dispute with Canada over imported aluminum. 1:09 The U.S.
Ivanhoe says at least two people killed in accident at Platreef mine in South Africa

Ivanhoe says at least two people killed in accident at Platreef mine in South Africa

Vancouver-based Ivanhoe Mines Ltd. is reporting at least two people have been killed in an accident at its Platreef mine development project in South Africa.
US tariffs on China are illegal, says world trade body

US tariffs on China are illegal, says world trade body

GENEVA — A World Trade Organization panel ruled Tuesday that Trump administration tariffs on $200 billion worth of Chinese goods are illegal, vindicating Beijing even if the United States has all but incapacitated the WTO's ability to hand down a fin
Federal Reserve to meet after sharp changes to its outlook

Federal Reserve to meet after sharp changes to its outlook

WASHINGTON — Federal Reserve policymakers will meet this week for the first time since they significantly revised the Fed's operating framework in ways that will likely keep short-term interest rates near zero for years to come.
Cracks start to show in UK jobs market as unemployment rises

Cracks start to show in UK jobs market as unemployment rises

LONDON — Unemployment in the U.K. edged up in July even though large parts of the economy reopened after the coronavirus lockdown, a signal that the jobless rate is set to spike higher when a government salary-support scheme ends in the autumn.
US industrial production growth slows, up 0.4% in August

US industrial production growth slows, up 0.4% in August

WASHINGTON — U.S. industrial production slowed to a modest increase of 0.4% in August, far weaker than the strong bounce back recorded in previous months when factories were coming back to life. The slight uptick followed gains of 3.5% in July and 6.
Imperial ramps up Kearl oilsands mine output after diluent pipeline restored

Imperial ramps up Kearl oilsands mine output after diluent pipeline restored

CALGARY — Imperial Oil Ltd. says it is ramping up production to normal rates at its Kearl oilsands mining operation in northern Alberta after the return to service of its main diluent supply pipeline.
Statistics Canada reports manufacturing sales up seven per cent in July

Statistics Canada reports manufacturing sales up seven per cent in July

OTTAWA — Canadian manufacturing sales climbed for a third consecutive month in July, but still remained short of pre-pandemic levels of February, Statistics Canada said Tuesday. The agency said manufacturing sales rose seven per cent to $53.