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B.C. premier's natural gas plans include power supply change, but no hydro hikes

Dirk Meissner, The Canadian Press 3 Feb, 2012 1

VICTORIA - Premier Christy Clark is trimming her government's prized green agenda to support growth in the natural gas industry, including development of three liquefied natural gas plants by 2020 in northwest B.C. Clark billed her natural gas strategy Friday as a potential clean-energy juggernaut t

Most actively traded companies on the TSX, TSX Venture Exchange markets

The Canadian Press 3 Feb, 2012 0

TORONTO - Some of the most active companies traded Friday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange (12,577.28, up 23.80 points): Kinross Gold Corp. (TSX:K). Miner. Down 19 cents, or 1.68 per cent, at $11.14 on 7,892,592 shares. Manulife Financial Corp. (TSX:

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Hiring boosts oil prices near US$98; price ends higher for first time in a week

Chris Kahn, The Associated Press 3 Feb, 2012 0

NEW YORK, N.Y. - A surge in U.S. hiring lifted oil prices for the first time in a week. As more Americans commute to work and the economy picks up, demand for energy is expected to rise. U.S. benchmark crude increased by US$1.48 on Friday to end the week at $97.84 per barrel. It was the first time s

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TSX rises amid strong U.S. employment report, disappointing Canadian jobs data

Malcolm Morrison, The Canadian Press 3 Feb, 2012 0

TORONTO - The Toronto stock market closed higher Friday as a much better than expected employment report from the United States reinforced hopes that its economy is steadily recovering from the worst recession since the Second World War. Signs of a recovery in the economy of Canada's biggest trading

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Canadian dollar advances on better than expected U.S. employment report

Malcolm Morrison, The Canadian Press 3 Feb, 2012 0

TORONTO - The loonie shook off early losses and moved higher following a much better than expected employment report from Canada's biggest trading partner. The Canadian currency rose 0.6 of a cent to 100.64 cents US, reflecting optimism that progress in a U.S. recovery will act to boost the Canadian

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Apple for now halts Motorola attempt to have iPhones withdrawn from online store in Germany

The Associated Press 3 Feb, 2012 0

FRANKFURT - Apple Inc. has temporarily blocked Motorola's attempt to have it withdraw several iPhone and iPad models from its Internet store in Germany, the latest twist in an extended legal duel over patents between the companies. The sale of the devices was briefly halted after Motorola Mobility H

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Orders to US factories rose 1.1 per cent in December, with strong demand seen for capital goods

Martin Crutsinger, The Associated Press 3 Feb, 2012 0

WASHINGTON - Orders to U.S. factories rose in December, supported by a rebound in business investment in capital goods such as heavy machinery. The results cap off another strong year for U.S. manufacturing. The Commerce Department says factory orders rose 1.1 per cent following a 2.2 per cent gain

Economist Don Drummond's report on future of government services due Feb. 15

The Canadian Press 3 Feb, 2012 0

TORONTO - The long-awaited Drummond Commission report on reforming Ontario's government to trim a $16 billion deficit will be released Feb. 15. Former TD Bank economist Don Drummond was hired by the Liberals to review all government programs and services and find ways of lowering costs. Drummond tol

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U.S. employers added 243,000 jobs in January, pushing unemployment rate down to 8.3 per cent

Christopher S. Rugaber, The Associated Press 3 Feb, 2012 0

WASHINGTON - In the most impressive surge for the job market since early last year, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 per cent, the lowest in three years. Hiring accelerated across the economy and up and down the

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Imperial Oil approves $2-billion expansion at Cold Lake oilsands project

Lauren Krugel, The Canadian Press 3 Feb, 2012 0

CALGARY - Imperial Oil Ltd. is going ahead with a $2-billion expansion to its Cold Lake oilsands operation in northeastern Alberta, part of a plan to double overall production by the end of the decade. The project, called Nabiye, will add 40,000 barrels per day of bitumen production after it starts
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