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Oil prices leap 7% and US stocks slump more than 1% on worries about the crude market
NEW YORK (AP) — Oil prices leaped, and stocks slumped Friday on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
Jun 13, 2025 2:18 PM
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Canadian and U.S. stocks down after Israeli attacks on Iran, price of oil jumps
TORONTO — Canada's main stock index closed down along with U.S. markets Friday as investors turned cautious following Israeli attacks on Iranian nuclear and military targets.
Jun 13, 2025 2:09 PM
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Trade bill could trigger 'race to the bottom' in health standards, health groups warn
OTTAWA — Anti-smoking groups are warning the Carney government that its legislation to eliminate interprovincial trade barriers could undermine health standards unless it's amended to add new safeguards.
Jun 13, 2025 2:02 PM
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Crude spike driven by Mideast tumult may be a 'knee jerk' that quickly fades: analyst
CALGARY — It's too soon to know whether a spike in crude prices driven by the latest Mideast turmoil will be a short-term blip or a long-term shift, Canadian oilpatch experts said Friday after Israel attacked nuclear and military sites across Iran.
Jun 13, 2025 1:39 PM
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Rapper Ye, formerly known as Kanye West, shows up for Sean 'Diddy' Combs' trial but can't get in
NEW YORK (AP) — Ye, the rapper formerly known as Kanye West, briefly showed up to the New York sex trafficking trial of Sean “Diddy” Combs on Friday to support the hip-hop mogul, a longtime friend.
Jun 13, 2025 1:30 PM
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Defence spending boost can only go so far to lessen U.S. reliance: experts
MONTREAL — In early 2002, Glenn Cowan touched down in Kandahar as part of the first wave of regular Canadian Army troops deployed to Afghanistan, serving in a U.S.-led brigade combat team.
Jun 13, 2025 1:13 PM
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Nova Scotia's offshore wind transmission line could cost $10 billion: premier
HALIFAX — It could cost between $5 billion and $10 billion to build a transmission line that would connect Nova Scotia's proposed offshore wind farms with the rest of the country, Premier Tim Houston says.
Jun 13, 2025 12:38 PM
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Canadian premiers turn to New England governors for support on Trump tariffs
FREDERICTON — A group of Canadian premiers appears to be setting high expectations as they pursue negotiations with American governors to mitigate the impacts of United States-imposed tariffs on their economies.
Jun 13, 2025 12:32 PM
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N.S. government says new rules for mining projects will speed up approvals
HALIFAX — Nova Scotia's government is streamlining the approval process for potential metal mining projects after they go through an environmental assessment.
Jun 13, 2025 12:21 PM
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Search for gold to offset cost of disaster at Yukon mine, government says
WHITEHORSE — A court-appointed receiver plans to start sifting for gold in cyanide-laced water stored at the Eagle Gold Mine in Yukon.
Jun 13, 2025 11:55 AM
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