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    U.S. tracking suspected Chinese spy balloon but won’t shoot it down

    Neither a bird nor a planeThe U.S. military is tracking a spy balloon reported from China. Although the balloon is said to be above the altitude at which commercial aircraft fly, eyewitnesses were still able to see and capture the curious sight from the ground in Billings, Mont.The U.S. is tracking a suspected Chinese surveillance

    Market movers: Stocks that saw action on Thursday

    A look at North American equities heading in both directionsOn the riseShares of Meta Platforms Inc. (META-Q) soared over 23 per cent on Thursday as the Facebook parent wooed investors with plans to rein on costs and a new US$40-billion share buyback.Meta plans to cut costs in 2023 by US$5-billion to between US$89-billion and US$95-billion

    Russia plans major offensive to mark war anniversary, Ukraine warns

    A local resident stands near a residential building destroyed by a Russian missile strike in Kramatorsk, Ukraine, on Feb. 2.STRINGER/ReutersRussia is mobilizing a huge contingent of troops and is planning an offensive to coincide with the first anniversary of the war on Feb. 24, Ukraine’s Defence Minister has warned, while a city in the country’s

    Estimated cost of Coastal GasLink pipeline surges to $14.5-billion

    TC Energy says it hopes to complete the natural gas pipeline by the end of this year, but it warned that if the construction activities extend into next year, the price could jump by another $1.2-billion.DARRYL DYCK/The Canadian PressThe cost estimate has surged for building the Coastal GasLink pipeline project in northern British Columbia, leaving

    Loblaw tries explaining rising cost of food, but consumers are not buying it

    Loblaw Cos. Ltd. was active on Twitter this week, responding to people who criticized the company with messages explaining that “food inflation is a global issue” and that price increases were the fault of suppliers who had themselves raised prices.Christopher Katsarov/The Globe and MailCanada’s largest grocer is stepping up its public relations strategy to convince

    Feds spent $6.8M to house 15 people in Calgary quarantine hotel last year

    CalgaryTurning the Westin’s Calgary Airport Hotel into a COVID quarantine facility for travellers cost the federal government $26.8 million from 2020 to 2022, according to documents. $26.8M spent from 2020 to 2022 on facility at Westin hotel near airportElise von Scheel · CBC News · Posted: Feb 01, 2023 4:48 PM EST | Last Updated: 4

    Canadian sniper in Ukraine describes Russians’ stubborn advance in Bakhmut

    Watch: A Canadian veteran, working in Ukraine under the callsign Teflon, describes the brutal reality of his role as a sniper and the poor tactics employed by Russian forces. Video contains descriptions of combat, fatalities and strong language. The Globe and MailIt was Christmas Eve, and the Alberta-born sniper was sitting alone in an abandoned