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Canada's telecom sector awaiting key regulatory decisions after transformative year

Canada's telecom sector awaiting key regulatory decisions after transformative year

Canada's telecom sector faced a significant shakeup in 2023 after Industry Minister François-Philippe Champagne handed down a mandate requiring the CRTC to prioritize consumer rights, affordability, competition and universal access.
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Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny

Alaska Air to buy Hawaiian Airlines in a $1.9 billion deal that may attract regulator scrutiny

SEATTLE (AP) — Alaska Airlines said Sunday it agreed to buy Hawaiian Airlines in a $1.9 billion deal, including debt, putting it on track for a potential clash with a Biden administration that has shown wariness about higher fares in the industry .
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales Home sales numbers for Canada's biggest, and most expensive, cities are expected to come this week.
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Plant-based meat industry still poised for growth despite recent setbacks: experts

Plant-based meat industry still poised for growth despite recent setbacks: experts

It's been more than five years since A&W first started selling Beyond Meat burgers to customers eager to see whether the patties could compete with their beloved beef.
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British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait

British military reports an explosion off the coast of Yemen in the key Bab el-Mandeb Strait

DUBAI, United Arab Emirates (AP) — A “potential explosion” has struck a key shipping route off the coast of Yemen, the British military said Sunday.
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Michigan regulators approve $500M pipeline tunnel project under channel linking 2 Great Lakes

Michigan regulators approve $500M pipeline tunnel project under channel linking 2 Great Lakes

Michigan officials approved a $500 million plan Friday to encase in a protective tunnel a portion of an aging oil pipeline that runs beneath a channel connecting two Great Lakes, leaving just one more regulatory hurdle for the contentious project.
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Canadian mining company starts arbitration in case of closed copper mine in Panama

Canadian mining company starts arbitration in case of closed copper mine in Panama

PANAMA CITY (AP) — Canada’s First Quantum Minerals Ltd. announced Friday it has requested arbitration proceedings to fight a Panamanian decision to halt a major open-pit copper mine concession in Panama or obtain damages.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Fridayon the Toronto Stock Exchange: Toronto Stock Exchange (20,452.87, up 216.58 points): Suncor Energy Inc. (TSX:SU). Energy. Down 21 cents, or 0.47 per cent, to $44.53 on 19.2 million shares.
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Markets start December in the green after 'remarkable' November comes to a close

Markets start December in the green after 'remarkable' November comes to a close

TORONTO — Canada's main stock index gained more than 200 points Friday on broad-based strength led by base metals, industrials and telecom stocks, while U.S. markets also rose.
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Stock market today: Wall Street gains ground following its best month in more than a year

Stock market today: Wall Street gains ground following its best month in more than a year

NEW YORK — Stocks gained ground on Wall Street as the market comes off its best month in more than a year. The S&P 500 rose 0.6% Friday, marking its fifth straight week of gains.
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