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Alberta oil output hits new record as producers ramp up for Trans Mountain completion

Alberta oil output hits new record as producers ramp up for Trans Mountain completion

The Alberta Energy Regulator says crude oil production in the province rose by 8.8 per cent in November to a new historic high of 4.2 million barrels per day.
CMHC says annual pace of housing starts up 18% in December

CMHC says annual pace of housing starts up 18% in December

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in December rose 18 per cent compared with November, helped higher by an increase in multi-unit urban starts in Vancouver and Montreal.
Talking to aging parents about money can be easy — with the right strategy

Talking to aging parents about money can be easy — with the right strategy

As a certified financial planner and financial advisor, Jackie Porter is used to getting people comfortable with the idea of talking about their money.
Here's a list of December inflation rates for Canadian provinces

Here's a list of December inflation rates for Canadian provinces

OTTAWA — Canada's annual inflation rate was 3.4 per cent in December, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 3.4 per cent (2.1) — Prince Edward Island: 2.6 per cent (0.
Here's a list of December inflation rates for selected Canadian cities

Here's a list of December inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 3.4 per cent in December, Statistics Canada says.
Teck Resources says 2023 copper production fell short of guidance

Teck Resources says 2023 copper production fell short of guidance

VANCOUVER — Teck Resources Ltd. says its copper production for 2023 fell short of its guidance for the year, while its zinc production also came in slightly below its expectations.
Black Press Ltd. files for creditor protection, announces sale

Black Press Ltd. files for creditor protection, announces sale

SURREY, B.C. — Black Press Ltd., the owner of dozens of community newspapers across Western Canada, said Monday it had entered creditor protection, secured a tentative sale of the company and that founder David Black is retiring. The Surrey, B.C.
Cost of managing suspended Cobre Panama mine $15-$20M per month: First Quantum

Cost of managing suspended Cobre Panama mine $15-$20M per month: First Quantum

TORONTO — First Quantum Minerals says the cost of preserving and managing its suspended Cobre Panamacopper mine is expected to range between $15 million and $20 million per month.
Capital Power and OPG to assess use of small modular nuclear reactors in Alberta

Capital Power and OPG to assess use of small modular nuclear reactors in Alberta

Edmonton's Capital Power Corp. and Ontario Power Generation are joining together to assess the feasibility of developing small modular nuclear reactors to help power Alberta's electricity grid.
Loblaw reducing discounts on food items nearing expiry

Loblaw reducing discounts on food items nearing expiry

BRAMPTON, Ont. — Loblaw Cos. Ltd. confirmed that it's no longer offering discounts of up to 50 per cent on items nearing expiry.