Business

Sask. reacts to federal government's purchase of Trans Mountain pipeline

Sask. reacts to federal government's purchase of Trans Mountain pipeline

Notley said the pipeline will be under federal jurisdiction, which will limit how British Columbia laws can be applied to the project. "That is how we pay for the services that we provide to our province". "This is an INVESTMENT that will generate returns, not a subsidy". "They've acted in a reckless manner and the federal government has stepped in to correct their ways".


Fraudsters May Have Taken Data at CIBC's Simplii, BMO

Fraudsters May Have Taken Data at CIBC's Simplii, BMO

Royal Bank, Scotiabank and Toronto-Dominion Bank said they have no indication they were affected. "We are working with the relevant authorities", he said. "This is important financial information, and a lot of damage can occur..." Hackers who stole information on thousands of Canadian bank users have demanded $1 million-worth of the cryptocurrency XRP to not release the data trove.


Oil prices hit multi-week lows; Brent crude hovering around $75

Oil prices hit multi-week lows; Brent crude hovering around $75

Brent crude LCOc1 futures settled up 9 cents to $75.39 a barrel. Crude production in the Latin American state has dropped to around 1.4 million barrels a day in recent months - a spectacular collapse of almost 40 percent since 2015. But as USA output is already at record highs, that news wasn't as damaging to crude as OPEC worries. Futures for September delivery traded at 463.7 yuan, little changed from a day earlier on the Shanghai International Energy Exchange.


Petrol Price Cut By 60 Paise, Diesel By 56 Paise Per Litre

Petrol Price Cut By 60 Paise, Diesel By 56 Paise Per Litre

But the marginal decline had its share of excitement with state-owned Indian Oil Corp (IOC) first announcing a reduction of 60 paise - the biggest since daily price revision was introduced in mid-June a year ago, only to retract it within a couple of hours citing a technical error.


Tesla in Autopilot Mode Crashes into Police Car

Tesla in Autopilot Mode Crashes into Police Car

The Tesla driver, identified only as a 65-year-old man, sustained minor injuries. The police officer was not in the SUV at the time of the crash. Tesla's Autopilot is a semi-autonomous system that enables vehicles to drive themselves in certain conditions.