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Thursday March 11, 2010
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Business
Devon Energy to partner with BP in Alberta oilsands, sell US$7 billion of assets elsewhere to BP
LONDON - BP PLC is partnering with Devon Energy Corp. to develop an Alberta oilsands project as part of a much larger deal in which BP will pay US$7 billion to buy exploration rights in several countries from the Amerian company....
Trade surplus grows as exports up, imports down in January: StatsCan
OTTAWA - Canada's merchandise exports grew 0.5 per cent in January, while imports declined 1.7 per cent....
Ballard en route to growth as interest in fuel cell technology heats up
Ballard Power Systems is in a strong position for growth this year as the international community becomes increasingly interested in the role fuel cells play in a clean-energy future, company officials said Thursday....
January US trade deficit shrinks to $37.3B as imports fall more than exports
WASHINGTON - The U.S. trade deficit unexpectedly shrank in January, reflecting a big drop in imports of oil and foreign cars. American exports also fell, a potential blow to hopes that the economic recovery will be aided this year by U.S....
GDP growth of 3.1 per cent expected this year, says RBC Economics
TORONTO - A new forecast from RBC Economics says Canada's economy is poised for real GDP growth of 3.1 per cent this year and 3.9 per cent in 2011....
Minister says Alberta's royalty changes will be popular with the energy sector
EDMONTON - The growth of Alberta's energy sector over the next couple of years will be hanging in the balance as the province announces royalty changes today....
