Monthly Archive: April 2018

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California governor says scrapping cap and trade would be foolish

The governor of California is wading into an Ontario election issue, saying a Progressive Conservative plan to scrap the province’s cap-and-trade system would be foolish. Gov. Jerry Brown was asked about the controversial Tory proposal after meeting with Liberal Premier Kathleen Wynne to discuss the next steps to fight climate change. Ontario recently linked with […]

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US bars China’s telecom giant ZTE from buying US components

WASHINGTON — The U.S. Commerce Department is blocking Chinese telecommunications giant ZTE Corp. from importing American components for seven years, accusing the company of misleading U.S. regulators after it settled charges of violating sanctions against North Korea and Iran. Shenzhen-based ZTE agreed in March 2017 to plead guilty and pay $1.19 billion for illegally shipping […]

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Bombardier union optimistic about contract renewal under Airbus C Series control

MONTREAL — The union representing Bombardier employees doesn’t anticipate overly acrimonious negotiations to renew the collective agreement once Airbus takes control of the C Series program. The contract expires Nov. 30 but the International Association of Machinists and Aerospace Workers (IAMAW) travelled to France to meet with the three main aerospace unions to learn more […]

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Nationwide Will Transition To Independent Agency Model By July 2020

–As part of ongoing efforts to give agents the flexibility they need to grow and thrive, Nationwide is announcing its intention to shift entirely to an independent agency distribution model by July 1, 2020. Approximately 2,000 existing agents who have been operating under the Nationwide brand will have the opportunity to transition to an independent agency…

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Rising interest rates starting to pinch more Canadians, poll says

CALGARY — A new poll suggests a growing proportion of Canadians say they are feeling the affects of higher interest rates. The quarterly MNP consumer debt index survey says 43 per cent of Canadians say they’re feeling the effects of higher interest rates, up five percentage points from three months ago. The poll done for […]

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100s of passengers stranded when airline ends Mexico service

MINNEAPOLIS — Hundreds of travellers from Minnesota are stranded in Mexico because they are unable to rebook Sun Country Airlines flights that were cancelled due to a storm at home, because the carrier has ended its seasonal service south of the border. Travellers are stuck in Los Cabos and Mazatlan. Sun Country, based in Eagan, […]