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The winners and losers in the new U.S.-Mexico-Canada Agreement

The Canadian Press  Monday, October 1, 2018 OTTAWA — After 14 months of hand-wringing, there’s a new North American trade pact. Here’s an early look at some of the winners and losers in the United States-Mexico-Canada Agreement: Winners Automakers: A side letter published along with the main text of the ...

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Washington man gets prison for overharvesting sea cucumbers

SEATTLE- The owner of a Washington seafood company has been sentenced to prison for overharvesting sea cucumbers. Federal prosecutors said Friday that 62-year-old Hoon Namkoong was sentenced to three years in prison and must pay $1.5 million in restitution. He pleaded guilty earlier this year to underreporting the number of ...

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Natural gas bills will go down about $29 a year, Enbridge says

TORONTO- Enbridge Gas Distribution Ltd. says its typical Ontario residential customer’s natural gas bill will go down about $29 a year. The gas distribution company says its received approval from the Ontario Energy Board for new rates starting next month. The Ontario government’s cancellation of the cap and trade program will ...

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Amazon to open shipping warehouse on B.C. First Nation land

VANCOUVER- Amazon has announced plans to open a new Metro Vancouver shipping warehouse on Tsawwassen First Nation land in Delta, B.C. Amazon says in a news release that the 41,800-square-metre facility will create more than 700 full-time jobs and is expected to open in 2019. This will be Amazon’s third ...

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Cameco says the tax court has ruled in its favour in its dispute with CRA

SASKATOON- Shares in Cameco Corp. shot higher in early trading after the company said the tax court has ruled in its favour in a dispute of reassessments issued by the Canada Revenue Agency. Cameco shares were up $2.60 or about 20 per cent at $15.39 in early trading on the ...

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Canada’s newest senators: first woman to lead RCMP and Cree Metis businessman

OTTAWA -The first woman to hold the reins of the Royal Canadian Mounted Police and a Cree Metis businessman are the two newest members of the Senate. Prime Minister Justin Trudeau is making the appointments to fill seats in British Columbia and Saskatchewan. Beverley Busson will take the seat in ...

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Uncertainty builds over fate of promised Indigenous chapter in NAFTA

OTTAWA- The national chief of the Assembly of First Nations is raising concerns that a promised Indigenous chapter in a renewed North American Free Trade Agreement “may not come to fruition.” Perry Bellegarde’s recent letter to Foreign Affairs Minister Chrystia Freeland adds to mounting concerns that the Liberals may ease ...

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Kinder Morgan selling Canadian assets

18 SEPTEMBER 2018 US-based energy infrastructure firm Kinder Morgan is reportedly exploring the sale of its Canadian business after facing setbacks in the country due to environmental, political and legal hurdles. The company has appointed investment bank TD Securities to find a potential buyer for its remaining assets in Canada, ...

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