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Bus maker NFI Group warns Q3 affected by 'unreliable' supplier performance, inflation

Bus maker NFI Group warns Q3 affected by 'unreliable' supplier performance, inflation

WINNIPEG — Shares in NFI Group Inc. were down 15 per cent after warning its third-quarter results will be affected by "unreliable" supplier performance for certain critical parts and components, as well as ongoing inflationary pressures.
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Bank of Canada expected to raise interest rates on Wednesday as recession fears grow

Bank of Canada expected to raise interest rates on Wednesday as recession fears grow

OTTAWA — Even as warnings about a potential recession grow louder, the Bank of Canada is expected to announce another hefty interest rate hike on Wednesday, edging the bank closer to the end of one of the fastest monetary policy tightening cycles in
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China's economic growth accelerates but weak amid shutdowns

China's economic growth accelerates but weak amid shutdowns

BEIJING (AP) — China's economic growth picked up in the latest quarter but still was among the weakest in decades as the ruling Communist Party tries to reverse a slump while enforcing anti-virus controls and a crackdown on debt in its vast real esta
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China's economic growth accelerates but weak amid shutdowns

China's economic growth accelerates but weak amid shutdowns

BEIJING (AP) — China's economic growth accelerated in the latest quarter but still was among the weakest in decades as the ruling Communist Party tries to reverse a downturn while enforcing anti-virus controls and a crackdown on debt in its vast real
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Rate announcement The Bank of Canada will release its latest interest rate decision and monetary policy report on Wednesday.
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Boomtown no more: How Alberta's economy has changed, in spite of sky-high oil prices

Boomtown no more: How Alberta's economy has changed, in spite of sky-high oil prices

CALGARY — To take the temperature of the local economy, Lloydminster Mayor Gerald Aalbers only needs to look out the window.
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Taylor Swift drops '3am' edition of 'Midnights,' music video

Taylor Swift drops '3am' edition of 'Midnights,' music video

NEW YORK (AP) — Taylor Swift has said “Midnights” was inspired by certain key sleepless nights — something many of her fans undoubtedly experienced as the singer-songwriter dropped seven bonus tracks and a music video just hours after the album's rel
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (18,860.95, up 281.66 points): NorZinc Ltd. (TSX:NZC). Materials. Up half a cent, or 20 per cent, to three cents on 8.9 million shares.
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S&P/TSX composite up almost 300 points, U.S. markets also rise

S&P/TSX composite up almost 300 points, U.S. markets also rise

TORONTO — Canada's main stock index ended up almost 300 points on Friday, buoyed by gains in the base metals sector, while markets in the U.S. were also up. The S&P/TSX composite index was up 281.66 points at 18,860.95.
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Corus Entertainment takes $350M goodwill impairment charge, reports Q4 loss

Corus Entertainment takes $350M goodwill impairment charge, reports Q4 loss

TORONTO — Shares in Corus Entertainment Inc. fell as much as 10 per cent after it reported a fourth-quarter loss of $367.
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