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Activist investor Simpson Oil backs Parkland-Sunoco deal, while Engine to vote no

Activist investor Simpson Oil backs Parkland-Sunoco deal, while Engine to vote no

CALGARY — Parkland Corp.'s biggest shareholder says it plans to vote in favour of the company's planned takeover by U.S. heavyweight Sunoco LP, while another major investor said it won't support the deal as it stands.
Canadian, U.S. markets finish week with big gains as investors take in jobs reports

Canadian, U.S. markets finish week with big gains as investors take in jobs reports

Canadian and U.S. markets finished the week in solidly positive territory as investors took stock of the latest jobs reports in both countries.
Employers add a solid 139,000 jobs in May, though hiring slows as some potential weaknesses appear

Employers add a solid 139,000 jobs in May, though hiring slows as some potential weaknesses appear

WASHINGTON (AP) — U.S. employers slowed hiring last month, but still added a solid 139,000 jobs amid uncertainty over President Donald Trump’s trade wars . Hiring fell from a revised 147,000 in April, the Department of Labor said Friday.
Wall Street gains ground following a solid jobs report and marks another winning week

Wall Street gains ground following a solid jobs report and marks another winning week

NEW YORK (AP) — Stocks rose on Wall Street following a better-than-expected report on the U.S. job market. The S&P 500 climbed 1% Friday, marking its second weekly gain in a row.
Canada's jobs market 'treading water' as unemployment rate rises to 7% in May

Canada's jobs market 'treading water' as unemployment rate rises to 7% in May

OTTAWA — Some economists say Canada's labour market is weakening but not collapsing as Statistics Canada reports job growth has stalled since the start of the year.
Relatives of lost fishers say lives at risk without mandatory vessel stability checks

Relatives of lost fishers say lives at risk without mandatory vessel stability checks

HALIFAX — Relatives of Nova Scotia fishers who died in a 2020 sinking say it's disheartening that little progress has been made on a key safety recommendation requiring assessments of vessel stability.
Manitoba premier eyes northern development that could include a pipeline

Manitoba premier eyes northern development that could include a pipeline

WINNIPEG — Manitoba Premier Wab Kinew promoted his province Friday as the route for a future trade corridor, which could include a pipeline, in order to get goods from Western Canada to overseas markets.
Speech from OPEC head to kick off Global Energy Show in Calgary

Speech from OPEC head to kick off Global Energy Show in Calgary

CALGARY — More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada's oilpatch next week for the Global Energy Show, which is to kick off with a keynote address from the head of the Organization of the Pet
Coal mines on Alberta's eastern slopes could push fishery 'beyond recovery': study

Coal mines on Alberta's eastern slopes could push fishery 'beyond recovery': study

CALGARY — Old coal mines on the eastern slopes of the Alberta Rockies are leaching chemicals that are poisoning the fish downstream, says a new study by Alberta government scientists.
Elon Musk pulls back on threat to withdraw Dragon spacecraft

Elon Musk pulls back on threat to withdraw Dragon spacecraft

As President Donald Trump and Elon Musk argued on social media on Thursday, the world's richest man threatened to decommission a space capsule used to take astronauts and supplies to the International Space Station.
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