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CRTC decision on wholesale internet rates expected Thursday

CRTC decision on wholesale internet rates expected Thursday

The head of Canada's largest telecommunications company said Wednesday that he's hopeful that a revised CRTC decision on wholesale internet rates this week will be more favourable to network owners.
Nova Scotia companies chosen to help build Canada's first commercial spaceport

Nova Scotia companies chosen to help build Canada's first commercial spaceport

HALIFAX — The Nova Scotia company planning to build Canada's first commercial spaceport announced on Wednesday some of the firms it has chosen to design and construct its proposed launch pad.
Amazon to buy MGM, studio behind James Bond and 'Shark Tank'

Amazon to buy MGM, studio behind James Bond and 'Shark Tank'

NEW YORK (AP) — Online shopping giant Amazon is buying MGM, the movie and TV studio behind James Bond, “Legally Blonde" and “Shark Tank," with the hopes of filling its video streaming service with more stuff to watch. Amazon is paying $8.
8 dead in shooting at railyard serving Silicon Valley

8 dead in shooting at railyard serving Silicon Valley

SAN JOSE, Calif. (AP) — An assailant opened fire Wednesday at a California railyard serving Silicon Valley, killing eight people. The suspect was also dead, authorities said.
Siemens Mobility beefs up Canadian transit capabilities with purchase of RailTerm

Siemens Mobility beefs up Canadian transit capabilities with purchase of RailTerm

Siemens Mobility is beefing up its domestic capabilities to better compete for the many mass transit projects that Canadian governments are planning to fund over the next decade.
New stress test may moderate housing, push buyers to seek more affordable homes: BMO

New stress test may moderate housing, push buyers to seek more affordable homes: BMO

TORONTO — BMO Financial Group says recent changes to mortgage stress test rules and the cooling of prices and sales in some regions may moderate the country's housing market.
3 arrested in Italy funicular crash; clamp deactivated brake

3 arrested in Italy funicular crash; clamp deactivated brake

ROME (AP) — Police arrested three people Wednesday in the cable car disaster that killed 14 people in northern Italy, saying workers placed a clamp on the emergency brake to deactivate it as a patchwork repair - one that prevented the brake from enga
Court orders Royal Dutch Shell to cut carbon emissions

Court orders Royal Dutch Shell to cut carbon emissions

THE HAGUE, Netherlands (AP) — A Dutch court has ordered Royal Dutch Shell to cut its carbon emissions by net 45% by 2030 compared to 2019 levels in a landmark case brought by climate activist groups.
Statistics Canada report says pandemic job losses hit women harder than men

Statistics Canada report says pandemic job losses hit women harder than men

OTTAWA — A new report by Statistics Canada says job losses due to the COVID-19 pandemic have been consistently more severe for women than for men. The report says that from March 2020 to February 2021, women accounted for 53.
Transat AT CEO Jean-Marc Eustache to retire, Annick Guerard named next CEO

Transat AT CEO Jean-Marc Eustache to retire, Annick Guerard named next CEO

MONTREAL — Jean-Marc Eustache is retiring as chair and chief executive of Transat AT Inc., the travel company which he helped start and build. Transat says Eustache was one of the principal architects in the founding of Transat in 1987.