Recent Business Headlines

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at 13:42 on August 29, 2015, EDT.

Fed Vice Chair Fischer leaves door open for a Sept. rate hike, saying inflation likely to rise

WASHINGTON - Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have kept inflation below the central bank's target level have likely begun to fade.

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at 23:03 on August 28, 2015, EDT.

Alberta Energy Regulator orders Nexen to suspend operations on 95 pipelines

CALGARY - Alberta's energy regulator has ordered Nexen Energy to immediately cease operations of 95 pipelines in northeastern Alberta.

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at 21:20 on August 28, 2015, EDT.

Courts deny First Nations' Site C stop-work order and dismiss judicial review

VANCOUVER - Two courts have rejected attempts by a pair of British Columbia First Nations to halt the construction of the Site C hydroelectric dam.

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at 18:31 on August 28, 2015, EDT.

Gap's store brands in Canada to phase out on-call, short-notice shifts

TORONTO - Stores operated by Gap Inc. in Canada will join their U.S. counterparts in ending the practice of requiring workers to be on call for short-notice shifts.

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at 18:15 on August 28, 2015, EDT.

Vice Chair Fischer suggests incoming data, markets could tip Fed to rate hike in September

WASHINGTON - What once seemed a sure bet — that the Federal Reserve would raise interest rates in September — suddenly appears less certain following a wild week of stock market turbulence.

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at 17:54 on August 28, 2015, EDT.

Alberta energy minister says no royalty changes until end of 2016

CALGARY - Alberta oil and gas companies can put together their budgets for next year knowing at least one variable — royalty rates — will stay steady through the end of 2016, Energy Minister Marg McCuaig-Boyd said Friday.

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at 17:27 on August 28, 2015, EDT.

Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange:

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at 17:26 on August 28, 2015, EDT.

Toronto Stock Exchange closes out in the black after wild week draws to a close

TORONTO - The Toronto Stock Exchange closed in the black Friday after a wild week that took traders on a roller-coaster of huge drops and advances largely linked to a slowing Chinese economy.

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at 16:11 on August 28, 2015, EDT.

Decision reserved in Constitutional challenge of cross-border beer rules

CAMPBELLTON, N.B. - Lawyers for a New Brunswick man fighting a fine for buying cheap booze and bringing it into the province reiterated their position that the provincial laws are unconstitutional as they presented closing arguments Friday.

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at 15:29 on August 28, 2015, EDT.

By the numbers: Canada's six biggest banks earned a combined $9.2 billion in Q3

TORONTO - Canada's six biggest banks earned a whopping $9.2 billion in combined profits during the third quarter ended July 31, even amid investor concerns about how the plummet in the price of oil and Canada's contracting economy would weigh on the lenders' bottom lines. Here are a few key figures from this week's quarterly earnings report:

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at 15:28 on August 28, 2015, EDT.

Scotiabank CEO touts positives of cheap oil as lender wraps week of bank earnings

TORONTO - Concerns about the prolonged decline in the value of crude have left a dark cloud hanging over the banks, but the chief executive of Scotiabank is stressing the positive effects of oil prices on parts of the country's economy.

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