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Suncor Energy says employee dies after injury at oil sands site

FORT MCMURRAY, Alta. - Canadian company Suncor Energy says an employee has died after being "severely injured" at its oil sands site. A statement posted on the company's website says the employee was pronounced dead at a hospital after being injured Sunday morning. The employee's name was not released. The publicly traded company says it is working with authorities and will "complete a full investigation into the cause of the accident."

Most actively traded companies on the TSX, TSX Venture Exchange

TORONTO - Some of the most active companies traded Thursday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange (14,500.39 up 53.87 points): Bombardier Inc. (TSX:BBD.B). Aerospace. Down six cents, or 1.47 per cent, to $4.01 on 16.4 million shares. Osisko Mining Corp. (TSX:OSK). Miner. Up six cents, or 0.76 per cent, to $8 on 11.6 million shares. Touchstone Gold Ltd. (TSX:TCH). Miner. Unchanged at 0.5 cents on 6.6 million shares. B2Gold Corp. (TSX:BTO). Miner. Unchanged at $3.01 on 4.9 million shares.

Energy prices push up Canada's March inflation to 1.5%

Canadians paid 1.5 percent more for goods and services in March than a year earlier, with energy prices leading the increase, the government statistical agency announced Thursday. The inflation figure was largely in line with analysts' expectations. Gasoline, electricity, fuel oil and natural gas prices were up in the month, said Statistics Canada. Looking ahead, CIBC World Markets analysts Avery Shenfeld said gasoline and natural gas prices will likely continue rising, putting pressure on the Bank of Canada to raise its key lending rate.

Most actively traded companies on the TSX, TSX Venture Exchange

TORONTO - Some of the most active companies traded Wednesday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange (14,446.52 up 142.60 points):

TSX rises, commodities up as Chinese economy performs better than expected

TORONTO - The Toronto stock market registered a strong advance Wednesday amid signs that economic growth in China held up better than expected in the first quarter. The S "A lot of investors were fearing the worst (because) a lot of the economic data out of China has been quite soft over the last little while," noted Allan Small, senior adviser at Holliswealth. "If (growth) stays in this range, there’s nothing to worry about."

Toronto firm joins critics of Sherritt International, to vote for new directors

TORONTO - Sherritt International Corp. (TSX:S) is facing criticism from a new source — Takota Asset Management Inc., a private investment firm that counts the mining company among its largest holdings. Takota said Wednesday that it will vote in favour of three directors proposed by a group of dissident shareholders led by Halifax-based activist investment firm Clarke Inc. (TSX:CKI) and withhold its votes for three of the Sherritt nominees — Peter Gillin, Edythe Marcoux, and Bernard Michel.

Osisko Mining announces new deal with Yamana Gold and Agnico Eagle

Osisko Mining Corp. (TSX:OSK) announced a new friendly deal Wednesday valued at $3.9 billion that will see the gold miner acquired by Yamana Gold and Agnico Eagle Mines Ltd. The offer for the company and its Canadian Malartic mine in Quebec tops a rival hostile bid by Goldcorp (TSX:G) that was valued at $3.6 billion or $7.65 per share.

BlackBerry's meltdown sparks start-up boom in Canada's Silicon Valley

By Sayantani Ghosh, Ashutosh Pandey and Euan Rocha (Reuters) - The troubles at BlackBerry Ltd, which fired more than half its staff and lost more than 90 percent of its market value as consumers shunned its smart phones, might have spelled disaster for the company's hometown of Waterloo, Ontario. Instead, there are hot sports cars in the streets and new companies filling the refurbished office buildings.

Supermarket chain Metro reports Q2 profit of $96.9 million, sales rise 1.7%

MONTREAL - Supermarket chain Metro beat analyst expectations as it benefited during the second quarter from a "slight" increase in its prices for the first time in a year. The Montreal-based company earned $96.9 million in the period ended March 15, down from $362.7 million a year ago when Metro had a $266.4 million gain from the partial sale of its investment in convenience store chain Alimentation Couche-Tard (TSX:ATD.B).

Clean-energy group praises new Alberta Energy Regulator emission rules

CALGARY - A clean-energy group is praising a decision by the Alberta Energy Regulator to crack down on emissions from oilsands development in the Peace River area. The Pembina Institute calls it a positive step that recognizes health concerns about odours from processing plants. The regulator is bringing in new rules this year to reduce the potential negative effects of energy industry gas emissions, including flaring, venting and burning off gas.
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