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Red Sea attacks could have ripple effect on shippers — and consumers — in Canada
MONTREAL — Canadian shippers and consumers could soon be feeling the ripple effect of attacks on cargo vessels in the Red Sea, as freight rates rise and delivery times lengthen.
Jan 5, 2024 3:10 PM
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Jarislowsky Fraser to back Browning West request for Gildan shareholder meeting
MONTREAL — Investment manager Jarislowsky Fraser says it will support a move by U.S. investment firm Browning West to replace five directors at Gildan Activewear Inc. in an ongoing fight over who should lead the company.
Jan 5, 2024 3:02 PM
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S&P/TSX composite closes higher Friday, U.S. stock markets also post small gain
TORONTO — Canada's main stock index posted a small gain Friday, closing out the first trading week of 2024, while U.S. markets also ended the day marginally higher. The first week of 2024 broke Wall St.’s nine-week winning streak.
Jan 5, 2024 3:00 PM
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Union suspends strike action as Viterra offers workers new four-year offer
REGINA — A looming strike action for Saskatchewan workers at Viterra has been suspended after the grain marketing giant gave the union a revised offer.
Jan 5, 2024 2:46 PM
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Stock market today: Wall Street inches higher but still marks its first losing week in the last 10
NEW YORK (AP) — Wall Street drifted to a higher close but still marked its first losing week in the last 10.
Jan 5, 2024 2:09 PM
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Consumer and business insolvencies continued to rise in November
Insolvencies in November were 5.1 per cent higher than in October, and 24.4 per cent higher than a year earlier.
Jan 5, 2024 11:22 AM
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Canada adds just 100 jobs in December as unemployment rate holds steady at 5.8%
OTTAWA — Job growth stalled in December as the total number of jobs in Canada was virtually unchanged for the month and the unemployment rate held steady at 5.8 per cent for the final month of the year.
Jan 5, 2024 11:04 AM
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US employers add a surprisingly strong 216,000 jobs in a sign of continued economic strength
WASHINGTON (AP) — The nation’s employers added a robust 216,000 jobs last month, the latest sign that the American labor market remains resilient even in the face of sharply higher interest rates.
Jan 5, 2024 10:05 AM
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Global food prices declined from record highs in 2022, the UN says. Except for these two staples
ROME (AP) — Global prices for food commodities like grain and vegetable oil fell last year from record highs in 2022 , when Russia’s war in Ukraine, drought and other factors helped worsen hunger worldwide, the U.N.
Jan 5, 2024 8:32 AM
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Let it snow: Ski industry to increasingly rely on artificial powder as climate warms
CALGARY — At Cypress Mountain ski resort, director of operations Jeremy Wentzel has been eagerly waiting for a chance to fire up the snow guns.
Jan 5, 2024 8:28 AM
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