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US new home sales rise surprisingly strong 16.6% in May

US new home sales rise surprisingly strong 16.6% in May

WASHINGTON — Sales of new homes rose a surprisingly strong 16.6% in May with the reopening of major parts of the country potentially fueling activity in the housing market.

Michigan asks judge to shut Enbridge pipeline in Great Lakes

MACKINAW CITY, Mich. — Michigan's attorney general on Monday asked a judge to shut down a pipeline in the Great Lakes after an energy company discovered that an anchor support had shifted deep below the surface. Enbridge Inc.
B.C. politicians return to legislature, say new COVID-19 rules an adjustment

B.C. politicians return to legislature, say new COVID-19 rules an adjustment

VICTORIA — Politicians described their return to the British Columbia legislature Monday during the COVID-19 pandemic like being back at school without most of their classmates or playing sports in an empty stadium.
Air Canada raises $1.23 billion more in financing to deal with impact of COVID-19

Air Canada raises $1.23 billion more in financing to deal with impact of COVID-19

MONTREAL — Air Canada has raised an additional $1.23 billion in financing to help offset the challenges of dealing with COVID-19, bringing its total to $5.5 billion since the pandemic struck in mid-March.
Co-op, Unifor ratify new seven-year contract after six-month labour dispute

Co-op, Unifor ratify new seven-year contract after six-month labour dispute

REGINA — Hundreds of workers at Regina's Co-op oil refinery complex will be returning to work after ratification of a tentative contract.
Canadian Utilities partners to operate, modernize Puerto Rico electricity system

Canadian Utilities partners to operate, modernize Puerto Rico electricity system

CALGARY — A joint venture that includes Calgary-based Canadian Utilities Ltd. says it has struck a 15-year deal to modernize and operate the electric system in Puerto Rico after hurricanes in 2017 caused extensive damage.

Union seeks to represent press room employees at Postmedia plant in Toronto

TORONTO — The Canadian Media Guild has applied to be certified as the union representative of press room workers at Postmedia's Toronto printing plant.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (15,516.90, up 42.70 points.) Bonavista Energy Corp. (TSX:BNP). Energy. Down three cents, or 27.27 per cent, to eight cents on 14.
North American stock markets rise on conflicting reactions about COVID-19

North American stock markets rise on conflicting reactions about COVID-19

TORONTO — North American stock markets moved higher to start the week on conflicting reactions to concerns about COVID-19.
Net-zero carbon emissions target a 'moon shot,' says natural resources minister

Net-zero carbon emissions target a 'moon shot,' says natural resources minister

CALGARY — Natural Resources Minister Seamus O'Regan says achieving the Trudeau government's target of net-zero carbon emissions by 2050 is a "moon shot" — but it's not a case of randomly throwing out ideas.