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Bank of Canada holds interest rate, warns economy's resilience to be 'tested'

Bank of Canada holds interest rate, warns economy's resilience to be 'tested'

OTTAWA — The Bank of Canada kept its key interest rate on hold Wednesday, leaving the country as an exception compared to other advanced economies that have begun to respond to a weakening global economy.
Denmark allows Russia-Germany gas pipeline

Denmark allows Russia-Germany gas pipeline

COPENHAGEN — Denmark said Wednesday it is giving permission for a joint German-Russian underwater gas pipeline to be laid to through its territory, in a blow to the United States, which had fiercely opposed the project.
Propane terminal expansion predicted as AltaGas releases third-quarter results

Propane terminal expansion predicted as AltaGas releases third-quarter results

CALGARY — Strong operating and financial performance by Canada's first propane export terminal on the West Coast means its output stands to continue to grow through next year, the CEO of owner AltaGas Ltd. says.
Molson Coors Brewing cutting 400 to 500 jobs and restructuring operations

Molson Coors Brewing cutting 400 to 500 jobs and restructuring operations

Molson Coors Brewing Co. will cut hundreds of jobs in a restructuring effort that will see the brewer change its name as it focuses on growing its portfolio beyond beer.
Torstar suspends dividends until at least late 2020, stock plunges to new lows

Torstar suspends dividends until at least late 2020, stock plunges to new lows

TORONTO — Shares in Torstar Corp. plunged after the company reported a larger-than-expected loss and suspended its quarterly dividend, setting in motion a mechanism that could shift the balance of power among the company's shareholders.
Unifor signs agreements with firms affected by GM Oshawa assembly plant closure

Unifor signs agreements with firms affected by GM Oshawa assembly plant closure

TORONTO — Unifor has signed closure agreements at four auto parts and service companies in connection with the decision by General Motors to close its Oshawa, Ont., assembly plant. The union says the deals with Inteva Products, Lear Corp.
Alpine Canada taps business community, appoints new board of directors

Alpine Canada taps business community, appoints new board of directors

CALGARY — Canada's most decorated downhiller is among business heavyweights appointed to Alpine Canada's new board of directors. Retired two-time world champion Erik Guay of Mont-Tremblant, Que.

AT&T says HBO Max streaming service to launch in May for $15

AT&T said Tuesday that its HBO Max streaming service will launch in May for $15 a month, joining a crowded field of options in the United States.
Nielsen says World Series is a snooze for most TV viewers

Nielsen says World Series is a snooze for most TV viewers

NEW YORK — Fans in Washington and Houston may be excited, but the rest of the country is reacting to the World Series with a collective yawn. Through the first five games, the World Series has been averaging 11.
Survey: US businesses added slight 125,000 jobs in October

Survey: US businesses added slight 125,000 jobs in October

BALTIMORE — U.S. businesses added a mere 125,000 jobs in October, a slowdown in hiring driven in part by job cuts in manufacturing and construction.