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SNC Lavalin posts $2.1 billion loss as assets revalued, cuts dividend by 80% 

MONTREAL- SNC-Lavalin Group Inc. delivered more harsh news for shareholders Thursday, cutting its quarterly dividend for shareholders by 80 per cent as the troubled engineering giant grapples with a $2.12-billion net loss in its second quarter. The dividend drop to two cents per share from 10 cents per share came ...

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New York officials tour Quebec Indigenous communities ahead of possible hydro deal

MONTREAL- Officials from New York City have been visiting Quebec’s north to learn more about the impact a possible hydro power deal with the provincial utility would have on Indigenous communities. Mark Chambers, the director of the New York City mayor’s office of sustainability, says a three-member delegation recently visited ...

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U.S. firm fined $2.9M for fuel spill that soiled B.C. First Nations territory

BELLA BELLA, B.C.- The company responsible for a fuel spill that contaminated the fishing territory of a First Nation on British Columbia’s central coast has been fined $2.9 million but the Heiltsuk Nation says the sentence is “a long way from justice.” A tug boat owned by Texas-based Kirby Corp. ...

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Canada’s bias meant improper consultations: First Nations challenging pipeline

VANCOUVER- Six First Nations that have filed another legal challenge against the Trans Mountain pipeline expansion say Canada’s ownership of the corporation created a bias that prevented full consultations as ordered by the Federal Court of Appeal. Chief Leah George-Wilson of the Tsleil-Waututh Nation says Canada had an opportunity to ...

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Indigenous-led group readies bid for TMX

Calgary, July 2—An Indigenous-led group that wants to buy a majority stake in the Trans Mountain pipeline says a formal bid could be made as early as this month.  When the federal government re-approved the pipeline’s expansion last month, the prime minister said he was open to as high as ...

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First Nations push for greater share of forestry tenures as policies evolve 

By Ian Bickis THE CANADIAN PRESS The foundations of Canada’s forestry sector are changing as First Nations, strengthened by legal victories and legislation, look for more control of the woods. A greater share of forestry rights could help open the way to greater economic independence, and is backed by a ...

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BCE’s George Cope to retire as head of Canada’s largest telecom media company

By David Paddon THE CANADIAN PRESS TORONTO- The announcement Friday that George Cope will retire in January after nearly 12 years as chief executive of BCE Inc. has focused fresh attention on the sprawling telecom and media giant as the industry undergoes fundamental changes. The Montreal-based company, which owns Bell ...

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Air Canada Proudly Salutes its Indigenous Employees on National Indigenous Peoples Day

June 21, 2019 Historical first flight captured on video: https://vimeo.com/343369521 Flight AC185 from Toronto to Vancouver was operated by Indigenous pilots, flight attendants and ground employees TORONTO , June 21, 2019 – Air Canada is marking National Indigenous Peoples Day by proudly highlighting the achievements and contributions of its Indigenous ...

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