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N.L. judge says extension of offshore drilling licence unreasonable

N.L. judge says extension of offshore drilling licence unreasonable

ST. JOHN'S, N.L. — Environmental groups are celebrating after the Newfoundland and Labrador Supreme Court ruled the province's oil and gas board acted unreasonably by extending an exploration drilling licence beyond the defined term limit.
Oilsands companies restoring production as demand growth spurs higher prices

Oilsands companies restoring production as demand growth spurs higher prices

CALGARY — Oilsands companies are restoring thousands of barrels of daily production to take advantage of higher oil prices as relaxed pandemic measures allow North American consumers to get back on the road.
Toronto home sales rose in June, but supply still hasn't caught up

Toronto home sales rose in June, but supply still hasn't caught up

TORONTO — More buyers are wading into the Greater Toronto Area housing market after putting the hunt for a home on hold at the start of the COVID-19 pandemic, but there aren't enough properties available to meet the demand.
Canadian unemployment rate to peak at 11 per cent in Q2: OECD outlook

Canadian unemployment rate to peak at 11 per cent in Q2: OECD outlook

OTTAWA — The Organization for Economic Co-operation and Development says the unemployment rate in Canada peaked in the second quarter of this year, topping the mark hit in the financial crisis.
Hiring soared in May as mass layoffs eased

Hiring soared in May as mass layoffs eased

WASHINGTON — The job market took a big step toward healing in May, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April.
Budget officer pegs cost of basic income as calls for it grow due to COVID-19

Budget officer pegs cost of basic income as calls for it grow due to COVID-19

OTTAWA — The parliamentary budget office says it could cost more than $98 billion to provide almost all Canadians with a basic income for six months beginning this fall.
Uber launches new grocery delivery service in Montreal and Toronto

Uber launches new grocery delivery service in Montreal and Toronto

Uber Technologies Inc. is getting into the grocery delivery business and is using some Canadian cities to help it launch the venture.
California Assembly delays session after virus outbreak

California Assembly delays session after virus outbreak

SACRAMENTO, Calif.
Small business aid went beyond hard-hit companies, data show

Small business aid went beyond hard-hit companies, data show

WASHINGTON — The government on Monday identified roughly 650,000 mostly small businesses and nonprofits that received taxpayer money through a federal program that was designed to soften job losses from the coronavirus but also benefited wealthy, wel

Company that flew Kobe Bryant's helicopter gets federal help

The operator of the helicopter that crashed, killing former NBA star Kobe Bryant and eight others, received between $150,000 and $350,000 from taxpayers under a program to help small businesses hurt by the virus pandemic.