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UK ban on gas-powered cars a small, serious step

Britain and France announced last month the death of the internal combustion engine, both scheduling it for 2040. Their ban on gas- and diesel-powered cars may only accelerate a process already well on its way, but it will help reduce the future effects of climate change and pollution now. The trend towards electric vehicles is coming from both government and ...

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Oil’s going, going, gone: Crude worth revealed at auctions

Oil producers who for years tracked top OPEC member Saudi Arabia to help set the price of their crude could now be looking to go solo. With $100 oil a distant memory and US crude eating into their share of prized markets, they are seeking new ways to assess if their supply may be worth more—a prospect that’ll help prop ...

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Peak US autos may not mean peak Canadian auto-parts stocks

It’s hard to be a Canadian auto-parts bull when US car sales are falling, Nafta negotiations are about to start and the loonie is rising, but there are reasons for investors to hold their nerve. No subsector of the S&P/TSX Composite Index has generated more consistent outperformance when bond yields are rising, according to Matt Barasch, Canadian equity strategist at ...

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