Newspaper article The Canadian Press

The Thursday News Briefing: An At-a-Glance Survey of Some Top Stories

Newspaper article The Canadian Press

The Thursday News Briefing: An At-a-Glance Survey of Some Top Stories

Article excerpt

The Thursday briefing: Top news at-a-glance

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Highlights from the news file for Thursday, April 27

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PM SAY TRUMP WAS PREPARED TO CANCEL NAFTA: U.S. President Donald Trump insists he wasn't bluffing about threatening to pull out of NAFTA this week. He says he was two or three days away from doing it -- really. But he also says he had a change of heart during phone calls with the leaders of Canada and Mexico. Speaking in Saskatchewan, Prime Minister Justin Trudeau told reporters that he reminded Trump they were both elected on a similar platform of helping people find and keep jobs. The prime minister said he pointed out that a lot of jobs and industries were developed under NAFTA.

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FRIEND SAYS WOMAN RESCUED FROM CRANE A THRILL SEEKER: A friend of a woman who spent hours suspended high above a Toronto construction site after scaling a crane says she is an adventure-seeking person. Marisa Lazo, 23, was rescued Wednesday by a firefighter from a crane she had scaled and faces six counts of mischief by interfering with property. Lazo was granted bail for $500 with several conditions, including staying away from construction sites and rooftops.

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TRUDEAU DEFENDAS CARBON TAX AFTER FARM VISIT: Prime Minister Justin Trudeau is defending his proposed carbon tax after a visit to a farm in the Saskatchewan community of Gray. Trudeau then held a news conference at the local rink, where he said putting a price on carbon pollution is a way to reward people who are innovating and reducing their carbon output. Producer Todd Lewis, who showed Trudeau around his family's century-old farm, says carbon pricing has hurt agriculture in other parts of the country. Lewis says farmers low-carbon agriculture was born in Saskatchewan and farmers deserve recognition for the work they've done.

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HOME CAPITAL SECURES FIRM COMMITMENT FOR $2B: Home Capital Group Inc. shares regained some ground on Thursday after it secured a $2-billion credit line and said it's exploring its strategic options, suggesting it could be up for sale. The stock rose nearly 17 per cent at $6.99 on the Toronto Stock Exchange after the Toronto-based mortgage lender said it hired RBC Capital Markets and BMO Capital Markets "to advise on further financing and strategic options." Home Capital lost more than half its value on Wednesday after it warned it would miss financial targets and was seeking the credit line to offset withdrawals from savings accounts at its Home Trust subsidiary.

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DEFENCE SEEKS ACQUITTAL FOR MAN IN MURDER CASE: The lawyer for a man who admits he strangled his wife and buried her body in their home says he was acting in self-defence, but the Crown is arguing he made up stories of domestic abuse to avoid a murder conviction. The two sides made their closing arguments Thursday in the second-degree murder trial of Allan Shyback. …

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