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As Canada faces potential recession, Freeland to give fall economic statement Nov. 3

As Canada faces potential recession, Freeland to give fall economic statement Nov. 3

OTTAWA — A looming recession and Canada's need to keep up with the United States on clean energy investments will be front and centre next week when Finance Minister Chrystia Freeland delivers her fall mini-budget.
Report on Alaska mine urges more scrutiny for projects

Report on Alaska mine urges more scrutiny for projects

JUNEAU, Alaska (AP) — Backers of a proposed copper and gold mine in southwest Alaska “tried to trick regulators by pretending to pursue a smaller project with the intention of expanding" after the project was approved, a report set to be released by
Oil giants rake in steep profits amid high energy prices

Oil giants rake in steep profits amid high energy prices

Oil companies brought in staggering profits once again as people worldwide struggled with high gasoline and energy prices. Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income.
Rights activist, archaeologist, architect honored in Spain

Rights activist, archaeologist, architect honored in Spain

OVIEDO, Spain (AP) — A Polish human rights activist, a celebrated Mexican archaeologist and a Japanese architect were among the winners of prestigious Spanish awards who were honored Friday at a royal gala.
Imperial 'striking a balance' between shareholder returns and capital spending: CEO

Imperial 'striking a balance' between shareholder returns and capital spending: CEO

CALGARY — Imperial Oil Ltd. announced Friday that it is raising its quarterly dividend by nearly 30 per cent and also plans to buy back up to $1.
Japan Cabinet OKs $200B spending plan to counter inflation

Japan Cabinet OKs $200B spending plan to counter inflation

TOKYO (AP) — Japan’s Cabinet approved Friday a hefty economic package including 29 trillion yen ($200 billion) in government spending to counter the blow to household budgets from inflation, signaling that the greater concern of its policymakers is t
A key US inflation gauge stayed at a high 6.2% in September

A key US inflation gauge stayed at a high 6.2% in September

WASHINGTON (AP) — A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that prices for most goods and services in the United States are still rising steadily .
Canadian economy grew 0.1% in August, continuing on path of modest growth

Canadian economy grew 0.1% in August, continuing on path of modest growth

OTTAWA — The Canadian economy edged slightlyhigher in August and initial estimates pointed to growth continued in September as worries of an impending recession grow. Statistics Canada said Friday real growth domestic product gained 0.
Federal government posts $3.9B surplus for April-to-August period

Federal government posts $3.9B surplus for April-to-August period

OTTAWA — The federal government posted a surplus of $3.9 billion for the first five months of its 2022-23 fiscal year.
Power utility Fortis reports Q3 profit and revenue up from year ago

Power utility Fortis reports Q3 profit and revenue up from year ago

ST. JOHN'S, N.L. — Fortis Inc. reported its third-quarter profit rose compared with a year ago as its revenue also grew.