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Asian markets rise after Wall Street's sharp gains

SEOUL, Korea, Republic Of - Most Asian markets staged modest gains on Wednesday after overnight gains on Wall Street as geopolitical risks and turmoil at the White House that have dented investor sentiment in the past few weeks abated while investors eyed the annual gathering of central bankers.
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B.C. seeks intervener status in court cases against Trans Mountain pipeline

VANCOUVER -- The British Columbia government has applied for intervener status in court challenges against the Trans Mountain pipeline expansion.
The NDP government announced earlier this month that it would be joining the legal fight against Ottawa's approval of the $7.4-billion project and hired former judge Thomas Berger to provide legal advice.
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CGI Group moves to expand in northern Europe with takeover of Affecto

Canada's largest publicly traded IT services business is moving to expand its presence in Europe through the acquisition of Affecto PLC in a friendly deal that would add about 1,000 staff in northern Europe.
CGI Group Inc.
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Rising old age security spending dampened by CPP increases: report

A mandatory review of the country's largest seniors benefit program is predicting all-time highs in spending over the coming years with waves of baby boomer retirements — spending levels that could have been even higher if not for changes to the public pension program.
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Big banks set to reveal profits this week against the backdrop of improving economy

Canada's biggest banks could deliver another profitable season for investors as third-quarter results starting to roll in this week are expected to get a boost from the strengthening economy.
Analysts expect modest improvements from the Big Six banks, which launch their quarterly earnings reports beginning with Royal Bank on Wednesday, but some suggest the industry could outdo the conservative predictions.
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Calgary airport to convert Lexus-only stalls back to accessible parking

Calgary International Airport has apologized for moving accessible parking stalls and setting up a Lexus marketing campaign in their place.
The pavement in the parking spots was painted to indicate they were reserved for drivers of the luxury car.
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BHP Billiton puts brakes on Jansen potash mine

BHP Billiton won't be asking its board to build the Jansen potash project any time soon.
In its year-end financial results, the global resource company says it won't be asking the board for approval to go ahead with the Jansen potash project in 2018.
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Rowdy Korean Air passenger's 3-year prison sentence reversed

HAGATNA, Guam -- A U.S. appeals court has struck down the three-year prison sentence of a rowdy Korean Air passenger convicted of interfering with flight attendants last year on a flight to Guam.
The 9th U.S.
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EU probes Bayer's planned buyout of Monsanto

BRUSSELS -- The European Union's anti-trust watchdog said Tuesday that it has launched a probe into German chemical maker Bayer's planned acquisition of U.S. seed and weed-killer company Monsanto..
The European Commission, which polices competition in Europe, said Tuesday it has concerns that the merger may reduce competition in areas like pesticides and seeds.
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Striking ground crew at Toronto airport to vote on new offer from employer

TORONTO - The union representing striking ground crew workers at Canada's busiest airport says it has received a new contract offer that will be voted on tomorrow.
About 700 baggage handlers, cabin cleaners, and other ground crew employed by Swissport at Toronto's Pearson International Airport have been on strike since late July.
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Retail sales inch higher to $49B in June

Sales at clothing stores increased in June, Statistics Canada reported Tuesday. (Shannon Stapleton/Reuters)
Canadian retailers reported higher sales for the fourth straight month in June, as just about everything except cars and gasoline stations saw higher sales.
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June retail sales a bright spot for Canadian economy: economists

OTTAWA - Canadian retail sales rose slightly in June and continue to be a bright spot in the economy.
Statistics Canada says in a report issued Tuesday that the retail sector's growth was 1.1 per cent, excluding automotive and gasoline sales.
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CGI Group moves to expand in northern Europe with friendly takeover of Affecto

HELSINKI - Canada's largest publicly traded IT services business is moving to expand its presence in Europe through the acquisition of Affecto PLC in a friendly deal that would add about 1,000 staff in northern Europe.
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