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Former Indonesian agriculture minister sentenced to 10 years for corruption

Former Indonesian agriculture minister sentenced to 10 years for corruption

JAKARTA, Indonesia (AP) — Indonesia’s anti-graft court sentenced a former agriculture minister to 10 years in prison Thursday after finding him guilty of corruption-related extortion, abuse of power and bribery involving ministry contracts with priva
Interest rate cut hasn't led to rush of homebuyer demand yet: Royal LePage report

Interest rate cut hasn't led to rush of homebuyer demand yet: Royal LePage report

TORONTO — Despite expectations of lower interest rates prompting homebuyers to leave the sidelines, a new report says the Bank of Canada's quarter-point cut to its key interest rate last month did not lead to a rush in demand.
Costco to increase annual membership fee to $65 this September

Costco to increase annual membership fee to $65 this September

ISSAQUAH, WASH. — Costco is increasing its annual membership fees in Canada and the U.S. this fall. The company made the announcement as it reported its sales results for June. Costco says that effective Sept.
Canada Growth Fund and Strathcona Resources to partner on carbon capture project

Canada Growth Fund and Strathcona Resources to partner on carbon capture project

CALGARY — The Canada Growth Fund is partnering with Strathcona Resources Ltd. on a carbon capture and sequestration project, with each group contributing up to $1 billion in funding.
Alberta's auditor finds province's surface water management ineffective

Alberta's auditor finds province's surface water management ineffective

EDMONTON — The provincial government's management of Alberta's increasingly stressed water resources is all wet, says the province's auditor general.
Ontario town votes to become a willing host for a nuclear waste repository

Ontario town votes to become a willing host for a nuclear waste repository

IGNACE, ONTARIO — A northwestern Ontario town has formally decided it is willing to become the site of a deep geological repository for Canada's nuclear waste.
Eels writhe on Vancouver airport's tarmac after escaping from Air Canada cargo box

Eels writhe on Vancouver airport's tarmac after escaping from Air Canada cargo box

RICHMOND — It was not quite the 2006 film "Snakes on a Plane" at Vancouver International Airport, but there were real eels — dozens of them — writhing on the tarmac during a recent incident captured on video.
Founder of collapsed hedge fund Archegos Capital is convicted of securities fraud scheme

Founder of collapsed hedge fund Archegos Capital is convicted of securities fraud scheme

NEW YORK (AP) — The founder of Archegos Capital Management, a hedge fund that collapsed in 2021, was convicted Wednesday of securities fraud in a scheme that prosecutors said cost global investment banks billions of dollars.
Newfoundland fishers protest interrupts environment ministers' press conference

Newfoundland fishers protest interrupts environment ministers' press conference

ST. JOHN'S, N.L. — About a dozen fishers interrupted a news conference with the country's environment ministers in St. John's on Wednesday to demand the federal government reinstate a 32-year moratorium on commercial cod fishing in the province.
S&P/TSX composite closes up more than 300 points, U.S. stock markets also higher

S&P/TSX composite closes up more than 300 points, U.S. stock markets also higher

TORONTO — Canada's main stock index gained 1.4 per cent Wednesday in a broad-based rally led by energy, industrial and utilities stocks, while U.S. stock markets posted new records yet again. The S&P/TSX composite index closed up 307.