Latest News
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Dollarama reports $321.7M Q3 profit, up from $275.8M a year ago
Dollarama Inc. reported a third-quarter profit of $321.7 million, up from $275.8 million in the same quarter last year. The retailer says the profit amounted to $1.17 per diluted share for the quarter ended Nov.…
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Bank of Canada holds benchmark rate at 2.25%, signals extended pause
The Bank of Canada held its benchmark interest rate steady on Wednesday, moving back to the sidelines for what financial markets expect to be an extended pause. As widely anticipated, the central bank kept its…
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U.S. job openings flat in October at roughly 7.7 million vacancies
U.S. job openings barely budged in October, coming in at 7.7 million with ongoing uncertainty over the direction of the American economy. The Labor Department reported Tuesday that employers posted 7.67 million vacancies in October,…
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Canadian fertilizer giants in crosshairs of Trump administration’s price-fixing probe
Canada’s fertilizer giants risk becoming the target of a U.S. price-fixing investigation as the Trump administration tries to tackle high input prices and low profits on American farms. On Monday, Mr. Trump threatened to impose…
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Calendar: Dec 8 – Dec 12
Monday December 8 China foreign reserves, trade surplus, aggregate yuan financing new yuan loans Japan real cash earnings, real GDP and bank lending Germany industrial production Earnings include: Toll Brothers Inc. – Tuesday December 9…
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EQB is buying PC Financial. Here’s what it means for PC Optimum points collectors
Avid PC Optimum points users might be wondering what will become of the loyalty program as EQB Inc. plans to take over PC Financial from Loblaw Cos. Ltd. and become the exclusive financial partner of…
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US: Core inflation rate watched by Fed hit 2.8%, delayed September data shows, lower than expected
A key inflation measure was lower than expected in September, the Commerce Department said Friday in a report delayed by the government shutdown that gives a further green light for the Federal Reserve to lower…
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Canada’s unemployment rate falls to 6.5%, driven by rise in part-time work
Canada’s unemployment rate once again defied expectations and fell to a 16-month low in November as a solid gain in part-time jobs boosted the number of people employed for the third time in a row,…