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Canadian drilling contractor association changes name to reflect energy transition
CALGARY — A 72-year-old bastion of the Canadian oilpatch is changing its name and mandate in a sign of the times as the world aims to reduce its use of fossil fuels in favour of cleaner, greener forms of energy.
May 27, 2021 11:46 AM
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Fewer Americans sign contracts to buy homes in April
SILVER SPRING, Md. (AP) — Fewer Americans signed contracts to buy homes in April as a lack of supply continues to foil would-be buyers. The National Association of Realtors’ index of pending home sales fell 4.4% to 106.
May 27, 2021 9:10 AM
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Bluenose schooner centennial events receiving more than $190,000 for anniversary year
LUNENBURG, N.S. — Three levels of government are providing funding to help promote the 100th anniversary of the launch of the Bluenose schooner in Nova Scotia. Ottawa, the province and the Town of Lunenburg, N.S.
May 27, 2021 8:34 AM
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First quarter GDP unchanged at robust 6.4% annual rate
WASHINGTON (AP) — The U.S. economy grew at a robust annual rate of 6.4% in the first three months of this year, unchanged from the government's initial estimate.
May 27, 2021 8:17 AM
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Crowdfunded real estate growing, but remember to research before investing: experts
TORONTO — Across the bridge from B.C.'s Granville Island sits a building with 45 apartments atop a Subway restaurant and nail salon. While the Lex might look similar to its neighbours, its soon-to-be investors are hardly the norm.
May 27, 2021 8:16 AM
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US jobless claims fall to 406,000, a new pandemic low
WASHINGTON (AP) — The number of Americans seeking unemployment benefits dropped last week to 406,000, a new pandemic low and more evidence that the job market is strengthening as the virus wanes and economy further reopens.
May 27, 2021 7:32 AM
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U.S. durable goods orders drop 1.3% in April
WASHINGTON (AP) — U.S. orders for big-ticket manufactured goods dropped unexpectedly in April for the first time in 11 months as a shortage of computer chips disrupted auto production.
May 27, 2021 7:23 AM
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Economic boost coming in the back half of 2021, if vaccination stays effective: CIBC
TORONTO — The chief executive of Canadian Imperial Bank of Commerce is expecting the country to soon experience an economic boost as more people become fully vaccinated against COVID-19. "Our neighbours to the south...
May 27, 2021 6:42 AM
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Lawrence Block's memoir recalls a colorful writing career
NEW YORK (AP) — Lawrence Block has followed many paths during his long career. “With not a few dead end roads among them,” notes the mystery novelist.
May 27, 2021 6:18 AM
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Met Opera deal allow solo singer fees cut by up to 12.7%
NEW YORK (AP) — The Metropolitan Opera would be able to cut the fees of its highest-paid individual singers by 12.7% under a pending four-year contract with the American Guild of Musical Artists.
May 26, 2021 6:15 PM
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