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National Business
National Business
Telus says no immediate plan to cut spending, raise rates as it monitors CRTC rulings
Telus Corp.
Feb 9, 2024 3:11 PM
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BoC expected to take its time with interest rate cuts after January's job gain
OTTAWA — The Bank of Canada will be in no rush to cut interest rates after Statistics Canada reported a larger-than-expected employment gain last month, economists say.
Feb 9, 2024 12:54 PM
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Globalive's Lacavera says deal in place to acquire Wealth One Bank of Canada
TORONTO — Globalive Capital Inc. founder Anthony Lacavera says the investment firm has entered into an agreement to acquire Wealth One Bank of Canada. He says by email that the proposed transaction is pending all regulatory and government approvals.
Feb 9, 2024 12:37 PM
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Algoma Steel says five workers sent to hospital after casthouse incident
SAULT STE. MARIE, Ont. — Algoma Steel Group Inc. says five workers were taken to hospital after an incident on Wednesday night at the north casthouse of its blast furnace complex.
Feb 9, 2024 12:32 PM
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Indigo faced 'challenging' 2023 and will take some time to recover: CEO
TORONTO — Indigo Books & Music Inc.'s chief executive says the retailer's last year has been "challenging" and it could be a while until its financial results recover.
Feb 9, 2024 12:05 PM
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Cannabis company Canopy Growth reports $216.8M Q3 net loss
SMITHS FALLS, Ont. — Canopy Growth Corp. reported a net loss of $216.8 million in its latest quarter compared with a loss of $264.4 million a year earlier. The cannabis company says the loss amounted to $2.
Feb 9, 2024 10:30 AM
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Doing more with fewer resources could lead to less context in news, professor says
One expert says BCE Inc.'s widespread layoffs, including at Bell Media, will lead to further deterioration of local newsrooms and journalism that is less contextual.
Feb 9, 2024 10:14 AM
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Prince Harry settles a tabloid phone hacking claim and says his mission to tame the media continues
LONDON (AP) — Prince Harry said Friday that his “mission” to rein in the British media continues, after he accepted costs and damages from a tabloid publisher that invaded his privacy with phone hacking and other illegal snooping.
Feb 9, 2024 9:29 AM
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Here's a quick glance at unemployment rates for January, by Canadian city
OTTAWA — The national unemployment rate was 5.7 per cent in January. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Feb 9, 2024 9:14 AM
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Here's a quick glance at unemployment rates for January, by province
OTTAWA — Canada's national unemployment rate was 5.7 per cent in January. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.2 per cent (10.5) _ Prince Edward Island 7.
Feb 9, 2024 9:14 AM
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