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Canadian oil stocks rise as U.S. air strike stokes fears of market disruption

Canadian oil stocks rise as U.S. air strike stokes fears of market disruption

CALGARY — Higher oil prices in the wake of a U.S. air strike in Iraq that killed a top Iranian general drove up share prices for Canadian energy companies Friday and threatened higher fuel prices ahead for consumers.
Report ranks WestJet most punctual airline in Canada, Air Canada 20th worldwide

Report ranks WestJet most punctual airline in Canada, Air Canada 20th worldwide

WestJet Airlines Ltd. is the most punctual airline in Canada, according to a travel data provider. The Calgary-based carrier placed sixth among airlines in North America last year, OAG said in its annual report examining on-time performance.
Federal mediator meeting with Swissport in bid to end Montreal refuelling strike

Federal mediator meeting with Swissport in bid to end Montreal refuelling strike

MONTREAL — A federal mediator is meeting with Swissport Canada a day after discussing a strike with the union representing employees who refuel planes at two Montreal airports.

Vapes, edibles and tea coming to legal Ontario cannabis shops next week

TORONTO — Dozens of new marijuana products will be available in retail shops in Ontario starting next week, the province's cannabis distributor said Friday, warning supplies would be limited and the newly legalized edibles could sell out within a wee
Ex-HBO head to make TV, movies for Apple's streaming service

Ex-HBO head to make TV, movies for Apple's streaming service

The former head of HBO, Richard Plepler, has signed an exclusive production deal with Apple to make TV shows and movies for the iPhone maker's new streaming service, Apple TV Plus.
Federal Reserve last month saw a declining risk of recession

Federal Reserve last month saw a declining risk of recession

WASHINGTON — The Federal Reserve’s policymaking committee saw much less risk of recession at its meeting last month, when it kept interest rates steady after three straight cuts and signalled that it expected to keep low rates unchanged through this
Deadly attack by US on Iranian general rattles energy market

Deadly attack by US on Iranian general rattles energy market

LONDON — Crude prices on Friday had the largest one-day spike since a September attack on the world's largest oil processing facility in Saudi Arabia after the U.S. killed Iran's top general in a drone strike.
Vancouver home sales up in December and 2019, prices down from year earlier

Vancouver home sales up in December and 2019, prices down from year earlier

VANCOUVER — The Vancouver area's real estate board says the number of home sales last year was up from 2018, but remained below the region's 10-year average, despite a moderation in prices.
US construction spending up 0.6% in November, led by housing

US construction spending up 0.6% in November, led by housing

WASHINGTON — Spending on U.S. construction projects rose a solid 0.6% in November as gains in home building and government projects offset weakness in nonresidential construction.

CCL Industries buying Polish BOPP film company Flexpol for $22 million

TORONTO — Label and packaging company CCL Industries Inc. has signed a deal to buy Polish company Flexpol Sp. Z.o.o. for an estimated $22 million. Flexpol is a producer of BOPP film which is used in packaging, labelling and lamination.