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U.S. weekly unemployment claims rise more than expected as tariffs weigh on economy
The number of Americans filing new applications for unemployment benefits increased more than expected last week, potentially hinting at a pickup in layoffs from tariffs, which weighed on the economy […] This post is only…
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Gildan Activewear sees Q1 profit rise to US$84.7 million, net sales also up
Gildan Activewear Inc. saw its earnings rise to US$84.7 million in its latest quarter. The Montreal-based apparel maker, which keeps its book in U.S. dollars, says the first-quarter profit compared […] This post is only…
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Economy shrunk 0.2% in February, StatCan estimates 1.5% annualized growth for Q1
The Canadian economy shrunk in February, but economists say bad weather was likely the larger culprit than uncertainty related to the trade war with the U.S. Statistics Canada said Wednesday […] This post is only…
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TSX Holidays 2025
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OPEC+ to consider another accelerated oil output increase for June, sources say
Several OPEC+ members will suggest the group accelerates oil output hikes in June for a second consecutive month, three sources familiar with OPEC+ talks told Reuters, as a dispute worsens […] This post is only…
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Economic Calendar: April 28 – May 2
Monday April 28 China industrial profits Germany retail sales (8:30 a.m. ET) Canadian wholesale trade for March. (10:30 a.m. ET) Bank of Canada’s Market Participants Survey for Q1. Also: Canadian […] This post is only…
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Agnico: Q1 Earnings Snapshot
Agnico Eagle Mines Ltd. (AEM) on Thursday reported first-quarter profit of $814.7 million. The Toronto-based company said it had net income of $1.62 per share. Earnings, adjusted for non-recurring gains, […] This post is only…
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Gold Pulls Back Sharply, Snaps Two-Week Winning Streak
| Published: 4/25/2025 2:30 PM ET | On the heels of the notable rebound seen in the previous session, gold futures showed a significant move back to the downside during trading on Friday. […] This post is only…
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Celestica: Q1 Earnings Snapshot
Celestica Inc. (CLS) on Thursday reported first-quarter net income of $86.2 million. On a per-share basis, the Toronto-based company said it had net income of 74 cents. Earnings, adjusted for […] This post is only…