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Danier Leather enters insolvency as it seeks a buyer

TORONTO — Danier Leather Inc. said it has entered insolvency proceedings in order to protect itself from creditor lawsuits as it seeks a buyer.

The well-known retailer of leatherwear and accessories said the move was necessary because of ongoing financial problems, including more than $27 million in financial losses over the last two years despite its best efforts to cut costs and turn the business around. READ

Shell postpones LNG Canada final investment decision as profits plunge

Royal Dutch Shell is postponing a final investment decision on its proposed liquefied natural gas mega-project in British Columbia as it grapples with plummeting earnings due to low energy prices. READ

U.S. giant Lowe's to buy Rona in deal that would shake up home improvement sector

U.S. giant Lowe's has proposed to buy Rona in a $3.2-billion friendly deal that would shake up Canada's home improvement industry. READ

Quebec taxi industry seeks injunction against Uber

Quebec's taxi industry went to court Tuesday to seek a permanent injunction against Uber that is also aimed at deactivating the company's app throughout the province. READ

Oil industry group says Trans Mountain panel subjected to 'abuse' from opponents

A vice-president at the Canadian Association of Petroleum Producers has lashed out at opponents of the Trans Mountain pipeline review process, calling much of the criticism "shameful" and "abusive." READ

Environment ministers meet to discuss carbon-cutting strategies

Canada's environment ministers were meeting on Friday in an effort to negotiate a national carbon-cutting strategy to meet the country's ambitious international targets. READ

Hard-hit Alberta may be eligible for federal relief, Morneau acknowledges

The Liberal government has confirmed that Alberta may qualify for a financial boost under a little-known federal program to help ease the province's economic pain from falling commodity prices. READ

Economy shows first sign of life since summer, inching forward 0.3% in November

Canadian economic growth crawled back into positive territory in November, showing its first sign of life in the monthly data since the summer. READ

Air Canada to give refunds or allow passengers to change flights over Zika virus

Air Canada says it is allowing passengers and companions in their immediate family to change bookings or receive a refund if they cancel flights because of concerns about the Zika virus outbreak. READ

Government revenues from legal pot could reach $5B a year: bank economist

Call it Prime Minister Justin Trudeau's secret stash. READ

CIBC downgrades 2016 outlook for Canadian economy, cites global investor unease

One of Canada's big banks is cutting its economic forecast for the country for a second time in a matter of weeks. READ

Federal government to announce new transition rules for assessing pipelines

The Liberal government is poised to announce new rules today for assessing major resource projects such as oil pipelines. READ

Crude oil prices to surpass US$100 by 2040, National Energy Board says

The National Energy Board says crude oil prices are projected to rise to more than US$100 a barrel by 2040. READ

Overbuilding on the rise in certain Canadian real estate markets: CMHC

Canada Mortgage and Housing Corporation says evidence of overbuilding has grown in real estate markets in Calgary, Saskatoon, Regina and Ottawa. READ

Pipelines: Trudeau says his job is to bring people together

Ottawa's role is not to force cities such as Montreal to accept energy projects, Prime Minister Justin Trudeau said Tuesday, a day after his opponents demanded he tell the city's mayor to "smarten up" and accept the Energy East pipeline. READ

Audit of National Energy Board cites poor tracking of pipeline safety compliance

There's fresh fuel for the raging national pipeline debate as a new audit has found the National Energy Board is failing to track pipeline approval conditions or follow up on compliance problems. READ

Walmart Canada introduces five cent charge for plastic bags

Walmart Canada will begin to charge customers for plastic bags as part of its strategy for cutting the amount of plastic that ends up in landfills. READ

Guelph Mercury, one of Canada's oldest newspapers, quits print editions

One of the country's oldest dailies, the Guelph Mercury, will cease publishing its print editions this week, the latest casualty of the deep malaise in Canada's newspaper industry, its publisher announced Monday. READ

Rogers Media to cut workforce 4%: 200 TV, radio, publishing and admin jobs

Rogers Media has told employees that the company's workforce will be reduced by four per cent, affecting 200 jobs in television, radio, publishing and administration. READ

Canada will sign controversial TPP trade deal, but ratification not certain

The federal government has confirmed that it intends to sign the controversial Trans-Pacific Partnership trade deal at a meeting next week in New Zealand. READ

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