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Flooding in Nova Scotia washes out CN Rail track, disrupting train traffic

Flooding in Nova Scotia washes out CN Rail track, disrupting train traffic

MONTREAL — A major washout has halted traffic along part of Canadian National Railway Co.'s main line in Nova Scotia after torrential rain and flooding struck the province over the weekend.
Elon Musk reveals new 'X' logo to replace Twitter's blue bird

Elon Musk reveals new 'X' logo to replace Twitter's blue bird

LONDON (AP) — Goodbye Twitter. Hello X. Elon Musk has unveiled a new “X” logo to replace Twitter's famous blue bird as he follows through with a major rebranding of the social media platform he bought for $44 billion last year.
TC Energy selling 40 per cent stake in Columbia gas and gulf pipelines

TC Energy selling 40 per cent stake in Columbia gas and gulf pipelines

CALGARY — TC Energy Corp. is selling a 40 per cent stake in its Columbia Gas Transmission and Columbia Gulf Transmission systems to New York City-based Global Infrastructure Partners for $5.2 billion.
Canadian Chamber of Commerce joins calls for extension of CEBA repayment deadline

Canadian Chamber of Commerce joins calls for extension of CEBA repayment deadline

OTTAWA — The Canadian Chamber of Commerce and a coalition of industry associations have joined calls for the federal government to extend the deadline for small businesses to repay pandemic loans received through the Canada Emergency Business Account
Stock market today: Wall Street opens higher ahead of busy week of earnings and Fed news

Stock market today: Wall Street opens higher ahead of busy week of earnings and Fed news

NEW YORK (AP) — Wall Street is ticking higher in early trading to start a week full of updates on where interest rates and profits for the stock market’s most influential companies are heading. The S&P 500 was up 0.
Financial burden of cybercrime remains high even as awareness grows

Financial burden of cybercrime remains high even as awareness grows

CALGARY — Increased corporate awareness and a string of high-profile incidents have done little to reduce the financial burden of cybercrime in Canada, according to a new report.
Inflation has fallen, but the Bank of Canada hasn't backed off rate hikes. Here's why

Inflation has fallen, but the Bank of Canada hasn't backed off rate hikes. Here's why

OTTAWA — Canada's inflation rate has returned to the country's target range after a tumultuous couple of years of soaring prices. Statistics Canada reported on Tuesday that inflation fell to 2.
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: Railway earnings Second-quarter results are coming from the country's main railways this week. Canadian National Railway Co.
B.C. port union to recommend settlement agreement to its members

B.C. port union to recommend settlement agreement to its members

VANCOUVER — The International Longshore and Warehouse Union Canada said it will meet next week to recommend the terms of a settlement deal to its membership, possibly bringing labour peace to British Columbia's ports.
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,547.51, up 110.64): Royal Bank of Canada. (TSX:RY). Finance. Up 60 cents, or 0.46 per cent, to $131.03 on 10.3 million shares.