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OTTAWA: The Canadian government will announce on Tuesday at 5:15 p.m. local time (0015 GMT Wednesday) whether it has approved a C$11 billion ($8.3 billion) liquefied natural gas plant proposed by Petroliam NAsional Bhd (Petronas) after a three year wait.
Ottawa: Canada's new Liberal government on Tuesday unveiled a stimulus budget to revive growth with infrastructure spending and said it would run a deficit nearly three times larger than promised during last year's election.
TORONTO: Canadian miner Teck Resources Ltd has withdrawn an application to build its C$20.6bil (US$15.7bil) Frontier oil sands mine in Alberta, days before the federal government was to decide on whether to approve a project opposed by environmentalists and indigenous groups.
WINNIPEG, Manitoba: As Canadian Prime Minister Justin Trudeau considers whether to approve Teck Resources' Frontier oil sands project, roughly 20 others sit on the shelf as companies delay investment decisions hoping for new pipelines and higher prices
DINARD: The Group of Seven nations ended a foreign ministers’ meeting in western France without quarrelling on Saturday, as they looked to lay the groundwork for a leaders’ summit in August despite the absence of the US Secretary of State.
VANCOUVER: Huawei Technologies Co Ltd's chief financial officer, the central figure in a high-stakes dispute between the world's two largest economies, made her first appearance in a Canadian court in more than a month on Tuesday as Ottawa weighs extraditing the Chinese executive to the United States.
CALGARY: Alberta is working to buy rail cars to help ship more crude as pipeline bottlenecks have the oil-rich province grappling with historic low prices.
TOKYO: The Canadian dollar and the Mexican peso rose on Monday on hopes of progress in negotiations over a renewed North American Free Trade Agreement (NAFTA) deal, but Asian shares got off to a slow start amid further signs of weakness in China.