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Board gives Trans Mountain pipeline conditional OK, opponents promise fight

VANCOUVER — The National Energy Board says the contentious $6.8-billion Trans Mountain pipeline expansion is in Canada's best interests, despite increased greenhouse gas emissions and threats to killer whales off British Columbia's coast.

The federal regulator issued its long-awaited report on Thursday after a two-year debate that cost millions and galvanized aboriginal and environmental protests. The board recommended Ottawa approve Kinder Morgan Canada's proposal subject to 157 conditions. READ

Canadian trucking industry struggles to attract next generation of drivers

After 40 years as a truck driver, Jack Fielding says it's easier to name the places in North America where he hasn't been than the ones he has. READ

April home sales set record, Canadian Real Estate Association says

The number of homes sold in Canada last month hit a record as supply tightened, particularly in the Toronto area, where a fiercely competitive market is dissuading some homeowners from putting their properties up for sale, the Canadian Real Estate Association said Monday. READ

Edmonton, Saskatchewan, B.C. now meet requirements for extra EI, documents show

The federal Liberals are facing renewed pressure to offer extended EI benefits to three regions in the West that now meet the government's qualifications. READ

Big banks shave 2016 growth outlooks for Canada in wake of Alberta wildfire

The effects of the enormous Alberta wildfire on the ever-crucial oil sector have prompted forecasters to trim their 2016 economic growth predictions for the entire country. READ

Effect of oil price shock still unfolding but economy coping well so far: IMF

Canada's economy has coped well with a shocking decline in oil prices but the country's central bank and federal government should remain prepared to do more if the need arises, an International Monetary Fund analysis released Monday has concluded. READ

Economy adds 12,000 jobs in September, unemployment rate rises to 7.1 per cent

The Canadian economy added 12,000 jobs in September, but the unemployment rate climbed to its highest level since February 2014 as more people entered the labour force. READ

Nortel not just Canadian company, IP not solely created in Canada: U.S. lawyer

TORONTO — It’s a fallacy to think of Nortel Networks as just a Canadian company and that its intellectual property was created solely in Canada, a lawyer for its U.S. subsidiary said Tuesday at a cross-border bankruptcy trial that will decide how remaining assets are shared among creditors. READ

Oliver rejects report calling for spending to create jobs, less focus on deficit

Finance Minister Joe Oliver is rejecting a recommendation from a report issued by the C.D. Howe Institute that he focus more on creating jobs than eliminating a tiny deficit. READ

Wave of smarter data collection could transform how business works

A new wave of intelligent sensors, cameras and tracking devices is expected to sweep across Canada over the next few years, quickly transforming how business is done — much as smartphones took communications to a new level of performance. READ

Former ambassador not confident Keystone will be approved

MONTREAL — A former Canadian ambassador says he’s less confident now than he was a few years ago about the U.S. giving the Keystone XL pipeline project the green light. READ

Canada Post reports Q1 loss

OTTAWA, Ont. — Canada Post had a $27-million loss before taxes in the first quarter of this year amid an overall drop in revenue as it handled lower volumes of bills and statements delivered by mail. READ

Business to have role in Arctic debates, says Aglukkaq

Creating a bigger presence for industry at the world’s premiere international forum on northern issues won’t distract from its work on environmental problems, says the Conservative cabinet minister about to lead the group. READ

Volatile gasoline prices head lower after recent spike

Pump-panicked motorists in Canada might be breathing a little easier after this week’s sudden spike in gasoline prices — but experts fear price shocks will continue in coming days as commodity traders speculate about economic stimulus south of the border. READ

Bank waiting for better times

The Bank of Canada is hinting it will need to keep interest rates at super-low levels for a while longer, saying stronger economic growth isn’t in the cards for the country until next year. READ

Labrador Trough miners optimistic about future despite falling iron ore prices

Canada’s mining industry remains confident about the Labrador Trough’s long-term prospects even though waning iron ore prices could prompt some companies to delay their massive development projects in Quebec’s northern region. READ

Quarterly measure of home affordability deteriorates

It’s getting more difficult to pay for the costs of owning a home in Canada and the situation will likely worsen, the Royal Bank said Tuesday. READ

Businesses should be confident to invest: Carney

Bank of Canada governor Mark Carney says growing access to capital should make Canadian businesses confident to invest, despite the financial chaos that has rocked Europe and troubling signals out of the United States. READ

Canadian dollar falls sharply

The loonie closed sharply lower Wednesday amid a strong indication that the damage from Europe’s debt crisis is spreading to the heart of the eurozone and the region’s biggest economy — Germany. READ

Corporate tax rate falling: study

The study released Wednesday by KPMG International found Canada’s corporate tax rate has dropped by more than 16 per cent over the last 11 years. READ

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