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When Ernie Farris walked past his childhood home in Peterborough, Ont., this summer for the first time in years, he had an alarming thought.
In the late 1940s, as a young teen, he had helped his father unload a truck full of fluffy, white scrap asbestos from the local General Electric factory, spreading it in the family's attic as cheap insulation.
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What the attack on Saudi oil facilities could mean for Canada's oilpatch and Keystone XL

The secure supply of Canadian oil to the United States could recapture the attention of American decision-makers following the recent attack on Saudi Arabian oil facilities, experts say.   
Industry and government leaders around the world are still assessing the impact of Saturday's drone strikes on the state-owned Saudi Aramco facilities.
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CREA reports August home sales up from year ago, raises forecast for 2019

OTTAWA -- The Canadian Real Estate Association raised its forecast for home sales this year, helped by economic fundamentals and falling mortgage rates.
The improved outlook for the year came as CREA reported home sales in August were up five per cent compared with the same month last year.
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TSX in record territory as energy stocks see best day in 3 years

Higher oil prices spurred by an attack on Saudi Arabian oil facilities boosted the Canadian energy sector on Monday but are expected to result in higher fuel prices for consumers.
Long-suffering Canadian oil and gas stocks were on track to post their best day in nearly three years on the Toronto Stock Exchange.
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Particle-accelerator contracts speed growth of Nelson engineering company

A company in Nelson, B.C., is proving that from microscopic things, big things grow.
Dehnel-Particle Accelerator Components and Engineering, or D-Pace, has just won two contracts worth more than $1 million to build ion source facilities, complex accelerator machines that create charged particles for medical and technological applications.
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3 JPMorgan traders charged with manipulating metals prices

Three people — including a trader who ran JPMorgan's global precious metals desk — were charged Monday with manipulating the precious metals futures market, the U.S. Justice Department said.
The indictment, which was unsealed in federal court in Illinois, alleges the traders were involved in a racketeering conspiracy that prosecutors say spanned eight years and involved thousands of transactions.
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Blackstone buys Dream Global REIT in $6.2B deal

Blackstone Group, a U.S. private equity firm, has signed a deal to acquire Dream Global Real Estate Investment Trust in a deal valued at $6.2 billion, including debt.
Dream Global holds a portfolio of office and industrial properties located in Western Europe, focused on Germany and the Netherlands.
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U.S. postal treaty exit would hurt Canadian e-commerce businesses

MONTREAL -- U.S. President Donald Trump's push to withdraw from an international postal treaty could have a big impact on Canadian e-commerce companies and their American customers.
The U.S. threat to exit the Universal Postal Union in October unless more balanced shipping fees with China and other countries can be reached this month means online retailers could see direct-to-consumer delivery prices shoot up.
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After bankruptcy filing, Purdue Pharma may not be off hook

OxyContin maker Purdue Pharma and its owners expressed sympathy but not responsibility for the nation's opioid crisis as the company filed for bankruptcy protection late Sunday night, part of a move to settle some 2,600 lawsuits -- most from state and local governments.
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How the country's new pipeline dispute could shake up oil business

Think "pipeline dispute" and the mind may conjure up images of environmental protest, pro-oil rallies and bickering politicians.
But there's another kind of dispute simmering over pipelines these days — one that could shake-up the sector for years to come and is dividing opinions in the Canadian oilpatch.
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Purdue Pharma files for bankruptcy as part of settlement

Purdue Pharma, the company that made billions selling the prescription painkiller OxyContin, filed for bankruptcy in White Plains, New York, days after reaching a tentative settlement with many of the state and local governments suing it over the toll of opioids.
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Expect to feel today's oil price spike at the gas pumps

A drone attack on Saudi Arabia's largest oil-processing plant pushed crude prices higher on Monday and could soon be felt at the pumps.
The attack by Yemen's Houthi rebels on the Abqaiq processing plant shut down about five per cent of world crude oil output.
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Volkswagen to pay up to US$87M in Australia for scandal

CANBERRA, Australia -- Volkswagen has agreed to pay up to 127 million Australian dollars (US$87 million) to settle an Australian class action stemming from the 2015 diesel emissions scandal, the German automaker and a lawyer said Monday.
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