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Canada sees second straight monthly employment surge with 55,900 net new jobs

OTTAWA — The labour market generated a second straight month of strong job gains in February with the creation of 55,900 net new positions, all of which were full time, Statistics Canada said Friday.

The Canadian increase even outpaced job creation in the United States, where figures showed an increase of just 20,000 new positions last month.

China revokes Richardson Int. canola shipping permit as Huawei dispute escalates

WINNIPEG — One of Canada’s largest canola exporters has confirmed that China has revoked the company’s permit to export product to the country as a diplomatic feud between Canada and China escalates.

The loss of the export permit for Richardson International Ltd. comes as Ottawa moves to proceed with the extradition hearing of Huawei Technologies Co. Ltd. executive Meng Wanzhou.

Enbridge delays Line 3 pipeline opening in Minnesota by year

ST. PAUL, Minn. — Enbridge Energy is delaying the startup of its planned Line 3 replacement crude oil pipeline through northern Minnesota by a year.

The Canadian-based company said Friday it now expects the new pipeline to go into service in the second half of 2020. Enbridge officials had hoped to put the pipeline into service in the second half of 2019.

Economic growth slowed in fourth quarter

OTTAWA — The economy expanded at an annualized pace of 0.4 per cent over the final three months of 2018 as the country posted its weakest quarterly growth since the middle of 2016, Statistics Canada said Friday.

The agency’s latest figures for real gross domestic product show that for all of last year the economy grew 1.8 per cent, compared with the three per cent expansion in 2017.