Financing
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Trudeau says Ottawa open to proposals for B.C. refinery as gas prices soar
An economist said that there have been several business cases circulating for additional refineries in the province, but were not based on meeting local demand
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$79M for buses in B.C. as part of federal, provincial, municipal investment: PM
The federal and provincial governments have each contributed $31 million for the new buses while municipalities are pitching in $16 million
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Trudeau, Tusk take aim at Trump, and fixing WTO at Canada EU summit
Trudeau and Tusk said they want to preserve a World Trade Organization appeals panel that will stand still if Washington fails to appoint new members
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Justin Trudeau takes aim at NDP over EU Canada trade pact as summit wraps up
NDP Leader Jagmeet Singh, along with Green Leader Elizabeth May and five other Canadian and Quebec politicians take issue with the CETA arrangements
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Barrick Gold reaches deal for Acacia Mining after raising offer for company
Barrick will swap 0.168 of a Barrick share for each share of Acacia in a transaction that values the company at about $1.56 billion
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Budweiser brewer sells Australian unit to pay off debt
The company has accrued about $100 billion in debt after going on an acquisition spree, including the purchases of Anheuser-Busch and SABMiller
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B.C. posts $1.5B surplus as tax revenue increases and real estate market cools
The increased revenue reflected economic growth, household income growth and higher income tax assessments, not just government intervention, says finance minister
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Firms know little about trade deals as Canada pushes to diversify: federal survey
CETA who? Small- and medium-sized exporters have a low awareness of free-trade agreements. The exception is NAFTA
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Facing Trump’s tariffs, some companies move, change or wait
Numerous businesses say they’re delaying investment decisions and reviewing their business relationships
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Natural gas producers demand government action in open letter to Kenney
The letter proposes a scheme in which gas producers manage their production on a voluntary basis to balance supply with system capacity
