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In the news today: gun ban court fight, OSAP pause, B.C. storms, laboratory fined

Legal proceedings over a federal firearms ban are set to arrive at the Supreme Court of Canada, as the nation's top court is to hear arguments about the constitutionality of a ban on 1,500 firearm models. Passed in May 2020, the ban was criticized by gun control advocates. Earlier this year, a Federal Court judge dismissed a request to overturn the ban.

Written by urgent.news from Winnipeg Free Press's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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Hedge funds slash bullish oil bets ahead of post-election price collapse

Hedge funds reduced bullish positions in crude oil by the most since June ahead of a sharp post-election selloff, as signs of diplomatic progress between the US and Iran prompted managers to scale…

  • Hedge funds reduced bullish oil bets by 78,492 contracts ahead of price drop
  • Reduction marked largest since summer, post-Iran-US agreement
  • Price fell sharply after Democratic Party's US midterm election win

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