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Wildfires, other extreme weather driving insurance costs up over time: experts

Wildfires, other extreme weather driving insurance costs up over time: experts

The wildfires plaguing residents in Alberta and Nova Scotia are part of a larger trend that’s driving up the cost of home insurance as extreme weather becomes more common, insurance experts say.
US employers added a surprisingly strong 339,000 jobs in May in a sign of economic health

US employers added a surprisingly strong 339,000 jobs in May in a sign of economic health

WASHINGTON (AP) — The nation’s employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of enduring strength in an economy that the Federal Reserve is desperately trying to cool .
Stock market today: Wall Street opens higher after strong jobs report

Stock market today: Wall Street opens higher after strong jobs report

NEW YORK (AP) — Stocks are rising after an unexpectedly strong report on the job market helped ease worries on Wall Street about a possible recession. The S&P 500 was 0.9% higher early Friday and on pace for a third straight winning week.
Home sales up 25% from last year, but supply remains low: Toronto real estate board

Home sales up 25% from last year, but supply remains low: Toronto real estate board

TORONTO — The slowdown in Toronto's housing market continued to slip away last month as home sales came in higher than they were a year ago and prices edged closer to pandemic highs.

Watermain break prompts boil water advisory for three Calgary communities

CALGARY — Alberta Health Services has ordered Calgary to issue a boil water advisory for three communities, effective immediately. The advisory applies to Silverado, Yorkville and Belmont until further notice.
Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.

Debt ceiling deal advances pipeline and tweaks environmental rules. But more work remains.

WASHINGTON (AP) — Despite weeks of negotiations, the White House and House Republicans were unable to reach a comprehensive agreement to overhaul environmental regulations and streamline federal permitting as part of their debt ceiling deal , instead
Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden

Just days to spare, Senate gives final approval to debt ceiling deal, sending it to Biden

WASHINGTON (AP) — Fending off a U.S.
Suncor to cut 1,500 jobs by end of year, employees informed Thursday

Suncor to cut 1,500 jobs by end of year, employees informed Thursday

CALGARY — Suncor Energy Inc. will cut 1,500 jobs by the end of the year, as new CEO Rich Kruger forges ahead with his mandate to reduce costs and improve the company's lagging financial performance.
Air Canada technical issue stabilizing, but airline says to expect more flight delays

Air Canada technical issue stabilizing, but airline says to expect more flight delays

Air Canada says its communicator system has begun to stabilize after experiencing technical problems on Thursday morning, but travellers are still expected to face delays and cancellations before it is back fully up and running.
Lululemon sees revenue, income rise in first quarter with strong international growth

Lululemon sees revenue, income rise in first quarter with strong international growth

VANCOUVER — Lululemon Athletica Inc. reported net income of US$290.4 million for the first quarter of 2023, up almost 53 per centfrom US$190.0 million a year earlier. The Vancouver-based company, which reports in U.S.