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Ford to cut 200 jobs at Oakville, Ont. auto assembly plant on slowing sales

Ford to cut 200 jobs at Oakville, Ont. auto assembly plant on slowing sales

OAKVILLE, Ont. — Ford Motor Co. says it will cut about 200 jobs at its Oakville, Ont. plant starting in September as sales of some models slow. "We have a long-standing practice of matching production with consumer demand.

Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (16,485.94, down 8.29 points ). Nemaska Lithium Inc. (TSX:NMX). Materials. Up 8.5 cents, or 38.64 per cent, to 30.5 cents on 11.1 million shares.
North American markets end week lower on waning hopes for aggressive rate cuts

North American markets end week lower on waning hopes for aggressive rate cuts

TORONTO — North American stock markets ended the week lower on mixed second-quarter corporate results and waning expectations of aggressive interest rates cuts later this month.
Central bank qualifying rate used in mortgage stress tests falls

Central bank qualifying rate used in mortgage stress tests falls

OTTAWA — The Bank of Canada's rate used by mortgage stress tests to determine whether would-be homeowners can qualify has dropped for the first time in three years. The central bank's five-year benchmark qualifying rate is now 5.
Barrick Gold reaches deal for Acacia Mining after raising offer for company

Barrick Gold reaches deal for Acacia Mining after raising offer for company

TORONTO — Barrick Gold Corp. has reached a deal to buy the stake in Acacia Mining that it does not already own, after raising its offer for the African gold miner. Under the deal, the Toronto-based mining giant will swap 0.
Caldwell Investment to pay $1.8 million penalty for breaking rules: OSC

Caldwell Investment to pay $1.8 million penalty for breaking rules: OSC

TORONTO — The Ontario Securities Commission says Caldwell Investment Management Ltd. has agreed to pay a $1.

B.C. Securities Commission reaches deal with Genus Capital Management

VANCOUVER — The B.C. Securities Commission has reached a settlement with a Vancouver-based investment management firm that misused client brokerage commissions. Genus Capital Management Inc. has agreed to repay $1.
West Fraser says worst of its B.C. mill cuts done after wave of curtailments

West Fraser says worst of its B.C. mill cuts done after wave of curtailments

VANCOUVER — Mill cutbacks in British Columbia are still happening, but West Fraser Timber Co Ltd. said Friday that the worst of the pullback is behind it. The company, like many in B.C.
Laurentian Bank ending teller services at nearly all branches as of Monday

Laurentian Bank ending teller services at nearly all branches as of Monday

MONTREAL — An era is about to end at the Laurentian Bank with customers no longer having access to teller services as of Monday in almost all of its branches. Six rural locations will continue to offer these services until September.
Statistics Canada reports retail sales fell 0.1 per cent in May to $51.5B

Statistics Canada reports retail sales fell 0.1 per cent in May to $51.5B

OTTAWA — Canadian retail sales fell for the first time in four months as shoppers spent less at grocery and liquor stores in May. Statistics Canada said Friday retail sales fell 0.1 per cent in May to $51.5 billion.