Layoffs begin in beleaguered oilpatch as companies brace for spending cuts

Canada’s oilfield services sector — a bellwether for the state of the oilpatch — is beginning to see job losses as the impact of…

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With three days to go until signing ceremony, USMCA text still not final

Three days away from the target date for all three countries to officially sign the revised North American trade agreement,…

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Canadian MPs criticize Facebook’s Zuckerberg for U.K. parliament no-show

Facebook came under fire on Tuesday from lawmakers from several countries — including Canada — who accused the firm of undermining…

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Average Canadian house worth $496,800 last month, down 1.5% in past year

Canadian home sales fell in October, as the number of transactions dropped in more than half of all local markets…

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Encana to buy Newfield Exploration for US$5.5B

Encana Corp. has signed a deal to acquire Newfield Exploration Co. in an all-stock offer it said was worth about…

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WestJet’s Swoop forced to cancel 24 U.S. flights as regulatory approval held up

WestJet’s new discount carrier Swoop is apologizing to travellers for cancelling 24 U.S.-bound flights. The airline says it had hoped…

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$40B LNG facility is the light at the end of a long tunnel for Canada’s natural gas sector

On Tuesday morning, hours after LNG Canada announced it would go ahead with its $40-billion export facility on the West…

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‘Wild West’ cryptocurrencies need regulation, say U.K. lawmakers

British lawmakers have backed calls for greater regulation of cryptocurrencies such as bitcoin in order to bring an element of…

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Danske Bank CEO resigns over $300B money-laundering inquiry

Danske Bank chief executive Thomas Borgen has quit following an investigation into payments totalling some 200 billion euros ($302 billion)…

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