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As the pandemic business loan repayment deadline looms, calls for extending deadlines grow – Business News

The Canadian Press – Jul 11, 2023 / 9:57 am | Stories: 436296 Photo: The Canadian Press New Democrats and a business group are calling on the federal government to extend the deadline for small businesses to repay loans they receive from a pandemic support program. But an economist is cautioning against the move, saying …

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Irving Oil considers the sale of the company as part of a strategic review

Irving Oil says it has launched a strategic review that will consider, among other things, “a full or partial sale” of the company, one of the largest in New Brunswick. “A strategic review of the company is underway, and a series of options are being evaluated related to the company’s future,” the Saint John-based company …

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Stellantis EV battery plant could cost Canada $19 billion in subsidies

Breadcrumb Trail Links News energy Electric Vehicles Commodities The price tag may reach as much as $19 billion over a decade, far exceeding the $13 billion promised to Volkswagen Author of the article: Bloomberg News Brian Platt and Gabrielle Coppola Published May 31, 2023 • Last updated 1 day ago • 3 minute read Prime …

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Berkshire Hathaway shareholder meeting takeaways: Warren Buffett’s remarks

Warren Buffett, chairman and CEO of Berkshire Hathaway, criticized the government’s intervention in recent bank failures, saying on Saturday it averted what could have become an even bigger crisis. Yet he said the US banking system had become too complicated — and it was not surprising that the banks failed. He said he’d been selling …

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ChatGPT makes its debut as a smartphone app on iPhones – Business News

ChatGPT now on iPhone Matt O’Brien, The Associated Press – May 18, 2023 / 11:27 am | Story: 427472 Photo: The Canadian Press FILE – The OpenAI logo is seen on a mobile phone in front of a computer screen displaying output from ChatGPT, March 21, 2023, in Boston. The head of the artificial intelligence …

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Oil prices: Brent crude, WTI surge after OPEC producers announce production cuts

Hong Kong/Atlanta/London CNN — Oil prices spiked Monday after OPEC+ producers unexpectedly announced that they would cut output. Brent crude, the global benchmark, jumped 5.31% to $84.13 a barrel, while WTI, the US benchmark, rose 5.48% to $79.83. Both were the sharpest price rises in almost a year. The oil prices sunk as low as …

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