Financialpost

  • Why there’s no quick fix for Ontario’s electricity woes
    Every so often a situation comes along where a government is presented with an opportunity to think long term and offer solutions designed to solve underlying problems. Given the attention electricity prices attracted in the recent campaign, the new government of Ontario, which, implemented one of its campaign promises last… ... more
    Financailpost11 hours ago
  • Netflix plunges after slowing growth threatens highflier sta...
    Netflix Inc. plummeted in late trading after posting disappointing subscriber growth in the latest quarter, threatening the run of one of Wall Street’s hottest stocks. Netflix added 5.2 million users in the second quarter, about a million fewer than the company predicted. Its outlook for the current quarter also reflected… ... more
    Financailpost13 hours ago
  • Amazon Prime Day off to rocky start as website hit with tech...
    Amazon.com Inc. kicked off its big Prime Day sales promotion with technical glitches on its website and app, threatening its 36-hour sales extravaganza. Shoppers clicking on many Prime Day links got only an abashed-looking dog with the words, “Uh-oh. Something went wrong on our end.â€� Many took to social media… ... more
    Financailpost13 hours ago
  • OECD raises red flag about Canada’s ‘stagnating...
    A messy tangle of regulatory requirements and growing tax burden in Canada continues to hinder private sector productivity, with policy dysfunction weighing particularly heavily on small businesses, according to a new study. The Organization for Economic Co-operation and Development (OECD) released a report Monday that found “stagnating productivity and weak… ... more
    Financailpost15 hours ago
  • Trump hits back at Canada for retaliating against tariffs wi...
    The Trump administration is hitting back at a number of countries for what it considers unjustified retaliatory tariffs that were imposed as a response to the steel and aluminum duties the U.S. applied on its closest allies in the name of national security. The U.S. Trade Representative said it launched… ... more
    Financailpost16 hours ago
  • Amazon.com founder Jeff Bezos just became the richest person...
    Jeff Bezos is the richest person in modern history. The Amazon.com Inc. founder’s net worth broke US$150 billion in New York on Monday morning, according to the Bloomberg Billionaires Index. That’s about US$55 billion more than Microsoft Corp. co-founder Bill Gates, the world’s second-richest person. Bezos, 54, has now topped… ... more
    Financialpost -Tech17 hours ago
  • Ontarians may see a $7 reduction in their monthly bills as g...
    Ontario’s biggest natural gas distributors are halting activities related to the provincial carbon-pricing program dismantled by Premier Doug Ford, a move that could remove costs for both the companies and their customers. The Ontario Energy Board, which regulates the province’s electricity and natural gas industries, issued an order on July… ... more
    Financailpost18 hours ago
  • Toronto’s 17% surge leads Canada’s biggest gai...
    Canadian home sales rose in June at the fastest pace this year, led by a 17 per cent surge in Toronto, a sign the market may be regaining strength after cooling earlier. Transactions climbed 4.1 per cent from May, when they touched a five-year low, the Canadian Real Estate Association… ... more
    Financailpost19 hours ago
  • Goldman Sachs takes another step toward its post-Blankfein e...
    Goldman Sachs Group Inc. is poised to take another step in the slow exit of Lloyd Blankfein, its longstanding chief executive officer. The investment bank plans early this week to name company President David Solomon — whom Blankfein has publicly referred to as his successor — as its next CEO,… ... more
    Financailpost20 hours ago
  • Amazon Prime Day starts ‘Christmas in summer’ t...
    Three years ago, Amazon.com Inc. created a summer shopping holiday out of thin air for its most loyal customers. That airspace is considerably more crowded today as its rivals jockey to grab deal-hungry online shoppers. Retailers Target Corp., Best Buy Co., Macy’s Inc. and Walmart Inc. all have special promotions… ... more
    Financailpost21 hours ago
  • Grim scenarios of collateral damage for Canada are emerging ...
    OTTAWA — Grim scenarios of collateral damage for Canadian consumers and businesses are emerging in response to escalating the U.S.-China trade war. The Trump administration has taken aim at China by imposing a 25 per cent tariff on goods worth US$34 billion, but the worst is still on the horizon.… ... more
    Financailpost2 days ago
  • Hudson’s Bay pulling Ivanka Trump clothing line due t...
    The Hudson’s Bay Company says it will no longer carry Ivanka Trump’s clothing line at its stores and has already dropped the brand from its website. The company says in a statement that it will phase out the brand at its stores throughout the fall. Ivanka Trump’s company was informed… ... more
    Financailpost4 days ago
  • Adobe to launch Photoshop for iPad in strategy shift to boos...
    Adobe Systems Inc., the maker of popular digital design programs for creatives, is planning to launch the full version of its Photoshop app for Apple Inc.’s iPad as part of a new strategy to make its products compatible across multiple devices and boost subscription sales. The software developer is planning… ... more
    Financialpost -Tech4 days ago
  • Church of England adds another ‘brick in the wall’ of oi...
    It was half a world away, but what the General Synod of the Church of England decided one week back about investing and climate change brought a smile to the executives at Genus Capital, a Vancouver-based money manager. The church, which employs managers to invest US$12 billion in assets, passed… ... more
    Financailpost4 days ago
  • ‘Expectations are sky-high’: Netflix subscriber growth f...
    Netflix Inc. will get a chance next week to validate the US$46 billion added to its market value since the company’s blowout earnings report in April. The main question hanging over Netflix’s second-quarter results — much like the first — is whether the company can add enough streaming subscribers to… ... more
    Financialpost -Tech4 days ago
  • Callidus Capital plunges to record low after it scraps divid...
    Callidus Capital Corp. plunged as much as 43 per cent to a record low Friday after the embattled lender eliminated its dividend, citing new funding requirements. Shares fell as low as $3.01 before rebounding to $3.61 at 10:35 a.m. in Toronto. The distressed debt lender’s stock has lost more than… ... more
    Financailpost4 days ago
  • U.S. Commerce Secretary Ross to sell all stocks after ethics...
    U.S. Commerce Secretary Wilbur Ross said Thursday that he would divest all his remaining equity holdings after the government’s top ethics watchdog said his failure to sell off assets that could pose a conflict of interest “created the potential for a serious criminal violation.” In his ethics agreement, Ross, a… ... more
    Financailpost4 days ago
  • In era of trade uncertainty, the Bank of Canada’s Ste...
    Time flies. Stephen Poloz has now begun the sixth year of his seven-year term as Bank of Canada governor. The 62-year-old still has lots of road in front of him, but he’s now crossing into legacy territory, where assessments of his policy decisions will be mixed with debate about his… ... more
    Financailpost4 days ago
  • DavidsTea director Roland Walton resigns from board
    MONTREAL — DavidsTea Inc. says Roland Walton has resigned as a director. Walton was elected to the company’s board of directors last month as part of a group of dissident nominees that replaced the existing board. He is a former president of Tim Hortons Canada. DavidsTea founder wrests control of… ... more
    Financailpost4 days ago
  • Italy says it won’t ratify CETA, EU’s free trade deal wi...
    ROME — Italy will not ratify the European Union’s free trade agreement with Canada, Deputy Prime Minister Luigi Di Maio said on Friday, potentially scuppering the EU’s biggest accord in years. “Soon CETA (the Comprehensive Economic and Trade Agreement) will arrive in parliament and this majority will reject it and… ... more
    Financailpost4 days ago
  • Trump throws cold water on May’s Brexit plan, says it’s ...
    The U.K. government moved to limit the damage from President Donald Trump’s outspoken attack on Theresa May, after he warned that her soft Brexit plan will likely end hopes of a trade deal with the U.S. “If they do a deal like that, we would be dealing with the European… ... more
    Financailpost4 days ago
  • ‘Investment hesitation’: Canadian firms eye other export...
    Canadian companies have seen increased orders from U.S. customers in the past six months and are generally more optimistic about future sales in new markets, but remain concerned about the future of the North American Free Trade Agreement, according to a new survey by Export Development Canada. Stalled NAFTA negotiations… ... more
    Financailpost4 days ago
  • Majority of new Hydro One board will go to major shareholder...
    A patchwork of institutional investors — and not the Province of Ontario — could hold the balance of power when it comes to deciding the makeup of Hydro One Ltd.’s next board of directors, following new Ontario Premier Doug Ford’s decision to clean house at the Toronto-based electricity utility. Hydro… ... more
    Financailpost4 days ago
  • Majority of new Hydro One board will go to major shareholder...
    A patchwork of institutional investors — and not the Province of Ontario — could hold the balance of power when it comes to deciding the makeup of Hydro One Ltd.’s next board of directors, following new Ontario Premier Doug Ford’s decision to clean house at the Toronto-based electricity utility. Hydro… ... more
    Financailpost4 days ago
  • How tariffs — and they’re not U.S. ones — ar...
    By Bryan Borzykowski If Murad Al-Katib’s experience with duties is any indication, Canadian business owners should prepare for the worst as U.S. tariffs on steel, aluminum and, potentially, autos take effect. On Dec. 21, 2017, India slapped 30-per-cent tariffs on chickpea and lentil imports and that’s had a significant impact… ... more
    Financailpost5 days ago
  • China plays for time in U.S. trade war with subtle shift in ...
    Officials in Beijing appear to be toning down their responses to Donald Trump’s tariff threats, amid a slowing economy, a falling stock market and a weakening currency. Evidence of the shift continued Thursday when the Commerce Ministry held off detailing how it plans to retaliate against Trump’s latest threat to… ... more
    Financailpost5 days ago
  • ‘A wonderful mutual opportunity’: Michelin buying Canada...
    Michelin agreed to buy Camso, a Canadian producer of rubber tracks for farm equipment and snowmobiles, for US$1.45 billion as the French tiremaker bolsters its specialty-equipment business. The two companies’ off-road operations will be combined and run from Camso’s headquarters in Magog, Quebec, Michelin said in a statement Thursday. Closely… ... more
    Financailpost5 days ago
  • Big money tests cannabis waters, with hedge funds leading th...
    Navy Capital’s one-room office in midtown Manhattan could probably fit in the coat closets of many of its competitors. But the hedge fund’s digs belie the firm’s success in betting on something few of its peers will touch: cannabis. Since the Navy Capital Green Fund launched in May 2017 the… ... more
    Financailpost5 days ago
  • Greyhound’s exit from Western Canada gives package deliver...
    CALGARY — Package delivery firms say they are prepared to fill the gap when Greyhound Canada closes most of its Western Canada operations this fall. The company says its Greyhound Package Express service will no longer be available in most parts of B.C., northern Ontario and all of Alberta, Saskatchewan… ... more
    Financailpost5 days ago
  • McDonald’s Canada to start buying ‘sustainable’ beef f...
    TORONTO — McDonald’s Canada says it will be the first Canadian company to acquire beef that is “certified sustainable” according to standards outlined by the Canadian Roundtable for Sustainable Beef (CRSB). The chain says more than 20 million of its Angus burgers will be sourced according to the CRSB standards… ... more
    Financailpost5 days ago
  • BDC Capital bets on four more startups led by women
    TORONTO — BDC Capital announced four new women-led startups for its Women in Technology Venture Fund on Wednesday, including Lufa Farms, a Montreal-based company that’s growing vegetables in urban rooftop greenhouses. The idea behind Lufa Farms is that growing vegetables closer to where people live makes for fresher food, while… ... more
    Financialpost -Tech5 days ago
  • From 14 to 80 per cent: the remarkable recovery by Twin Butt...
    It’s over. Almost two years after Calgary-based Twin Butte Energy Ltd. entered receivership — put there by the actions of the holders of $85 million of convertible debentures who objected to the terms of a takeover offer — the final payments to the creditors have been approved. And for the… ... more
    Financailpost5 days ago
  • Former Sino-Forest executives hit with sanctions, millions i...
    The Ontario Securities Commission announced on Wednesday millions of dollars in penalties and a number of sanctions against former executives of failed timber company Sino-Forest Corp., the latest act in what regulators alleged was “one of the largest corporate frauds in Canadian history.” An OSC panel ordered that ex-Sino-Forest chief executive Allen… ... more
    Financailpost6 days ago
  • Royal Bank raises prime rate to 3.7 per cent following Bank ...
    TORONTO — The Royal Bank has raised its prime lending rate after the Bank of Canada increased its overnight lending rate to financial institutions. RBC says it will increase its prime rate by a quarter of a percentage point to 3.70 per cent, effective Thursday. The rate has been set… ... more
    Financailpost6 days ago
  • Data management needs of mid-market firms may be next fronti...
    The CEO of Canadian enterprise software giant OpenText Corp. is hinting that his firm may be looking to broaden its strategy of targeting its information management services primarily at the biggest companies on the planet. While Mark Barrenechea said OpenText remains focused on selling to “Global 10,000â€� firms, the chief… ... more
    Financialpost -Tech6 days ago
  • From the bedroom to the garage, Trump’s trade war with Chi...
    U.S. President Donald Trump’s trade war is barging into bedrooms, kitchens and bathrooms all over America. Trump’s initial tariffs on US$34 billion of Made-in-China goods, which took effect on July 6, stayed clear of popular household products. But as he looks to penalize nearly half of the US$505 billion the… ... more
    Financailpost6 days ago
  • Expect to see your number of followers drop as Twitter delet...
    Twitter says it’s stepping up its fight against fake accounts, as part of an ongoing effort to counter abuse and misinformation on the social media platform. On Wednesday, the company announced that they’re taking action on a class of sketchy accounts, and the scale of the purge is significant enough… ... more
    Financialpost -Tech6 days ago
  • Bank of Canada raises rates as Poloz’s tale of recove...
    The Bank of Canada raised interest rates July 11 because Stephen Poloz’s tale about how the economy would recover from the Great Recession finally is coming true. Most everyone assumed the central bank would lift the benchmark rate a quarter point to 1.50 per cent. The few who didn’t thought… ... more
    Financailpost6 days ago
  • Bank of Canada raises interest rate: Read the official state...
    Here’s the Bank of Canada’s official statement for its interest rate decision on Wednesday, July 11, 2018: The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1… ... more
    Financailpost6 days ago
  • Trump’s $200-billion tariff barrage pushes China trad...
    U.S. President Donald Trump is pushing his trade conflict with China toward a point where neither side can back down. By Aug. 30, as the U.S. nears mid-term elections vital for Trump’s legislative agenda, the White House will be ready to impose 10 per cent tariffs on US$200 billion of… ... more
    Financailpost6 days ago
  • ‘No question’: U.S. trade war is an early sign of a glob...
    For Mark Mobius, there may be worse to come even after the U.S. fired new shots in its trade war with China: a further 10 per cent drop in emerging-market stocks and a global financial crisis. “There’s no question we’ll see a financial crisis sooner or later because we must… ... more
    Financailpost6 days ago
  • Tim Hortons to open 1,500 stores in China over the next 10 y...
    Canadian coffee chain Tim Hortons has signed up to a joint venture in China which will see it open 1,500 new outlets in the world’s second largest economy over the next 10 years, parent Restaurant Brands said on Wednesday. Restaurant Brands, which also owns the Burger King chain, said the… ... more
    Financailpost6 days ago
  • Tim Hortons tests food delivery in 3 cities, working on kids...
    Some Canadians craving a doughnut or double-double but strapped for time can now have Tim Hortons food brought to them as the national chain started testing delivery this week. It’s one of several concepts the coffee-and-doughnut chain, working to overcome an onslaught of negative publicity, is trying out in an… ... more
    Financailpost6 days ago
  • A Trans-Canada Highway for giant industrial equipment? It co...
    Alliance Fabricating Ltd. understood the long journey its products would need to take when it started shipping massive, over-dimension steel equipment from Sarnia, Ont., to customers in Alberta’s oilsands, but it may not have realized just how much faster its competitors in South Korea and China could get their products… ... more
    Financailpost6 days ago
  • Brewing trade war won’t stop Bank of Canada from raising r...
    OTTAWA/TORONTO — A trade row between Canada and the United States won’t be enough to stop the Bank of Canada from raising rates Wednesday, but bigger storm clouds over trade could mean it is the last hike for a while, analysts and financial markets believe. While the central bank is… ... more
    Financailpost6 days ago
  • Inside Greystone’s 30-year journey from Regina upstart to ...
    It started life 30 years back as the Investment Corporation of Saskatchewan, a Regina-based money manager whose only clients were about two dozen provincial public sector pension funds and whose $3.3 billion in assets used to be managed by the province’s treasury department. This week Greystone Managed Investments — with… ... more
    Financailpost7 days ago
  • ‘China has crashed the price’: Canadian farmers collater...
    Canadian soybean farmers are becoming collateral damage in the ongoing trade dispute between U.S. and China, as hefty tariffs imposed by Beijing highlight the tight cross-border ties between markets. China slapped a 25 per cent retaliatory tariff on American soybeans last week after U.S. President Donald Trump followed through on… ... more
    Financailpost7 days ago
  • Once bailed out by the government, tech hub MaRS now can’t...
    Just a few years ago Canada’s biggest science and technology incubator had to be bailed out by the Ontario government. Now it has so many companies clamouring for space that it’s looking for a second office, people familiar with the matter say. MaRS Discovery District, which houses companies such as… ... more
    Financialpost -Tech7 days ago
  • Chart of the century gives U.S. Federal Reserve gloomy glimp...
    A multi-colored graphic that’s made the rounds at the Federal Reserve hints at what Chairman Jerome Powell could face if President Donald Trump succeeds in throwing globalization into reverse: Higher prices for many goods and potentially faster inflation. Plugged as possibly the chart of the century by economist and originator… ... more
    Financailpost7 days ago
  • Microsoft debuts $399 Surface Go tablet to take on Apple’s...
    Microsoft Corp. is going for the low-end of the personal computing market with a smaller, cheaper Surface Go tablet that takes on Apple Inc.’s cheapest iPads. The Surface Go has a 10-inch screen, about the same size as the entry-level iPad. At US$399, the device is US$400 cheaper than the… ... more
    Financialpost -Tech7 days ago
  • Amazon to open new fulfillment centre in Ottawa, creating 60...
    Amazon is expanding its footprint in Canada with a fulfilment centre in Ottawa that will create 600 full-time jobs. The e-commerce giant announced Tuesday that employees at the new warehouse in the capital city’s eastern suburb of Orleans will pick, pack and ship large items such as household decor, sporting… ... more
    Financailpost7 days ago
  • TD Bank becomes Canada’s biggest money manager with $792-m...
    Toronto-Dominion Bank will buy Saskatchewan-based Greystone Managed Investments Inc. for roughly $792-million in stock and cash, a transaction which the bank says makes its asset management division the biggest money manager in Canada. Acquiring the institutional money manager will add another $36 billion in Canadian assets under management and expertise… ... more
    Financailpost7 days ago
  • Amazon Prime Day is proven to sell random gadgets — b...
    Amazon.com Inc. proved it can use bargain buzz to sell a lot of gadgets on a random day in July. This year, it’s hoping excitement around Prime Day gets shoppers to change how they buy groceries. Amazon’s fourth annual Prime Day — 36 hours of sales beginning July 16 —… ... more
    Financailpost7 days ago
  • One billion share issuance weighs on Enbridge
    Raise common equity in the traditional manner, operate a dividend reinvestment plan, make a $37-billion acquisition and fund it with your own shares and allow option holders to exercise them for shares — and what emerges is a company with a much larger balance sheet. Enbridge has done all those… ... more
    Financailpost1 week ago
  • Amazon as a value stock?: Why the $840-billion company’s s...
    By conventional measures of stock prices, Amazon.com Inc. looks very expensive. It’s actually surprisingly cheap. Twenty-one years after it went public, a share of Amazon stock costs 70 times more than the company’s estimated per-share future earnings. That means investors are willing to pay much more for each dollar of… ... more
    Financialpost -Tech1 week ago
  • Canada facing a talent crunch when it comes to cybersecurity...
    Canada is facing a serious talent crunch when it comes to cybersecurity professionals, with demand growing by seven per cent annually, and 8,000 new workers needed by 2022, according to a new report from Deloitte. The labour squeeze leaves companies at risk of attack. In the case of large enterprises,… ... more
    Financialpost -Tech1 week ago
  • American steaks, German cars emerge as early victims in U.S....
    China’s retaliatory tariffs on U.S. goods struck just as one of its biggest meat importers was rushing a shipment from California through Shanghai customs. Now Suzhou Huadong Foods Ltd. is saddled with a stack of unaffordable American steak. Only three containers of frozen produce including prime rib and pork loin… ... more
    Financailpost1 week ago
  • TD Bank speeds up junior bankers’ promotions to attract an...
    Toronto-Dominion Bank is speeding up promotion opportunities for junior investment bankers to retain young talent in what it describes as “an increasingly competitive environment across North America.” The bank’s TD Securities unit will make analysts eligible for a promotion to associate after two years instead of three, according to an… ... more
    Financailpost1 week ago
  • Will Trump’s tariffs cause a recession in Canada?
    There is risk that a sustained tariff war would create a stall in economic growth for Canada, but will it cause a recession? Avery Shenfeld, Chief Economist for CIBC Capital Markets, explains. ... more
    Financailpost1 week ago
  • Starbucks to ditch plastic straws at all its restaurants by ...
    NEW YORK — Starbucks Corp said on Monday it will begin phasing out use of plastic straws at its restaurants by 2020, giving environmentalists a sizeable victory in their campaign to convince restaurants to abandon plastic utensils. The Seattle-based chain said it would eliminate single-use plastic straws globally at its… ... more
    Financailpost1 week ago
  • Why Poloz should pull the trigger on another rate hike
    A little more than a year ago, the Bank of Canada stopped worrying about Donald Trump’s Twitter feed and focused on real news. “Life goes on and decisions must be made in the meantime,â€� Carolyn Wilkins, the senior deputy governor, said near the end of a speech in Winnipeg… ... more
    Financailpost1 week ago
  • The pressure mounts on Enbridge to make a fair offer to owne...
    Judging by this week’s $4.3 billion sale of its Canadian natural gas gathering pipelines and processing facilities, the big-picture debt reduction strategy at Enbridge Inc. continues to play out. Under a multi-pronged plan announced in late 2017, the Calgary-based company will continue to sell assets, even those that were once considered… ... more
    Financailpost2 weeks ago
  • ‘We are very concerned’: Trade war already threatens to ...
    It may only be July, but Christmas is fast-approaching for U.S. retailers — and the threat of an escalating trade war with China has industries that have so far been spared increasingly worried their goods will be next on the naughty list. President Donald Trump’s threat to slap tariffs on… ... more
    Financailpost2 weeks ago
  • Wireless speaker maker Sonos files for IPO as music streamin...
    Wireless speaker company Sonos Inc filed for an initial public offering on Friday, riding on the back of increasing popularity of streaming music though smartphone apps on connected audio systems. Sonos’ hi-tech speakers and the company’s tie-ups with around 100 music streaming providers including Apple Music, Pandora, Spotify and TuneIn… ... more
    Financailpost2 weeks ago
  • Wireless speaker maker Sonos files for IPO as music streamin...
    Wireless speaker company Sonos Inc filed for an initial public offering on Friday, riding on the back of increasing popularity of streaming music though smartphone apps on connected audio systems. Sonos’ hi-tech speakers and the company’s tie-ups with around 100 music streaming providers including Apple Music, Pandora, Spotify and TuneIn… ... more
    Financialpost -Tech2 weeks ago
  • Wireless speaker maker Sonos files for IPO as music streamin...
    Wireless speaker company Sonos Inc filed for an initial public offering on Friday, riding on the back of increasing popularity of streaming music though smartphone apps on connected audio systems. Sonos’ hi-tech speakers and the company’s tie-ups with around 100 music streaming providers including Apple Music, Pandora, Spotify and TuneIn… ... more
    Financialpost -Tech2 weeks ago
  • Washington should beware the wrath of China’s consumer â...
    There’s a dog that hasn’t barked in the current round of trade tensions between the U.S. and China: Despite the first direct tariffs coming into force Friday, the Chinese consumer has been on her best behavior. That’s somewhat unusual if you consider Beijing’s most recent diplomatic spats with its trading partners.… ... more
    Financailpost2 weeks ago
  • Brookfield said to be in talks to buy New York City complex ...
    Brookfield Property Partners LP is in talks to buy Waterside Plaza on the East Side of Manhattan for about $600 million, according to people with knowledge of the matter. The property, which includes apartments, stores and space rented to the British International School of New York, is owned by Richard… ... more
    Financailpost2 weeks ago
  • Job growth beats expectations days before Bank of Canada rat...
    OTTAWA — Canada added 31,800 jobs in June, most of them part-time, while the unemployment rate rose to 6.0 per cent from 5.8 per cent as more people sought work, Statistics Canada said on Friday. Analysts in a Reuters poll predicted a gain of 24,000 positions and said the jobless… ... more
    Financailpost2 weeks ago
  • Economy adds 31,800 jobs in June, unemployment rate rises to...
    OTTAWA — Statistics Canada says the Canadian economy added 31,800 jobs in June. The unemployment rate increased to 6.0 per cent last month from 5.8 per cent May. More to come … ... more
    Financailpost2 weeks ago
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