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Enbridge bullish on Mainline, sees Canadian pipelines maxing out capacity by 2026

Enbridge bullish on Mainline, sees Canadian pipelines maxing out capacity by 2026

CALGARY — Enbridge Inc. is bullish on the future of its Mainline pipeline system in light of projections that Canadian oil output could exceed the country's pipeline export capacity as early as 2026.
Montreal real estate market sees 'dynamic start' to 2024 as February home sales rise

Montreal real estate market sees 'dynamic start' to 2024 as February home sales rise

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales jumped 30 per cent in February compared with the same month a year earlier, but sales activity remained slightly below the historical average for this
OpenAI says Musk agreed the ChatGPT maker should become a for-profit company

OpenAI says Musk agreed the ChatGPT maker should become a for-profit company

Elon Musk supported making OpenAI a for-profit company, the ChatGPT maker said, attacking a lawsuit from the wealthy investor who has accused the artificial intelligence business of betraying its founding goal to benefit humanity as it pursued profit
TC Energy confirms latest round of job cuts; unspecified number of employees affected

TC Energy confirms latest round of job cuts; unspecified number of employees affected

CALGARY — TC Energy Corp. has cut an unspecified number of jobs, primarily in Calgary and Houston, the pipeline company confirmed Wednesday.
Fed's Powell: Rate cuts likely this year, but more evidence is needed that inflation is tamed

Fed's Powell: Rate cuts likely this year, but more evidence is needed that inflation is tamed

WASHINGTON (AP) — Chair Jerome Powell reinforced his belief Wednesday that the Federal Reserve will cut its key interest rate this year but said it first wants to see more evidence that inflation is falling sustainably back to the Fed’s 2% target.
SEC approves rule that requires some companies to publicly report emissions and climate risks

SEC approves rule that requires some companies to publicly report emissions and climate risks

WASHINGTON (AP) — The U.S.
Yemen Houthi attack on a ship kills 2, marking the rebels' first fatal assault on shipping

Yemen Houthi attack on a ship kills 2, marking the rebels' first fatal assault on shipping

DUBAI, United Arab Emirates (AP) — A missile attack by Yemen's Houthi rebels on a commercial ship in the Gulf of Aden killed two of its crew members and forced survivors to abandon the vessel on Wednesday, authorities said, the first fatal strike in
Egypt floats its currency, agrees with the IMF to increase bailout loan to $8 billion

Egypt floats its currency, agrees with the IMF to increase bailout loan to $8 billion

CAIRO (AP) — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an economy hit by a staggering shortage of foreign currency
US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong

US job openings stay steady at nearly 8.9 million in January, a sign labor market remains strong

WASHINGTON (AP) — U.S. job openings barely changed in January but remained elevated, suggesting that the American job market remains healthy. The Labor Department reported Wednesday that U.S. employers posted 8.
Text of the Bank of Canada's latest interest rate decision

Text of the Bank of Canada's latest interest rate decision

OTTAWA — The Bank of Canada kept its key interest rate target on hold at five per cent on Wednesday.