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Statistics Canada reports wholesale sales up 1.6 per cent in May at $81.1 billion
OTTAWA — Statistics Canada says wholesale sales rose 1.6 per cent in May to $81.1 billion, boosted by higher sales in the food, beverage and tobacco subsector and the machinery, equipment and supplies group.
Jul 15, 2022 8:58 AM
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The complex and sometimes controversial task of counting how far a dollar goes
TORONTO — It used to be said that a penny saved was a penny earned, but rising prices helped push out the penny years ago, and with inflation now running at well over seven per cent, it’s eating into every nickel and dime.
Jul 15, 2022 4:00 AM
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China's economy shrinks 2.6% during virus shutdowns
BEIJING (AP) — China’s economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other cities shut down to fight coronavirus outbreaks, but the government said a “stable recovery” is under way after b
Jul 14, 2022 11:34 PM
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Protesters retreat as Sri Lankan president sends resignation
COLOMBO, Sri Lanka (AP) — Protesters retreated from government buildings Thursday in Sri Lanka, restoring a tenuous calm to the economically crippled country, and the embattled president at last emailed the resignation that demonstrators have sought
Jul 14, 2022 10:35 PM
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New Mexico, 'Stranger Things' backdrop, hits production peak
SANTA FE, N.M. (AP) — New Mexico's film and TV industry has hit a new peak, with record spending by video production companies in a state that drew projects including the Netflix series “Stranger Things.
Jul 14, 2022 10:31 PM
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Russian missiles kill at least 23 in Ukraine, wound over 100
VINNYTSIA, Ukraine (AP) — Russian missiles struck a city in central Ukraine on Thursday, killing at least 23 people and wounding more than 100 others far from the front lines, Ukrainian authorities said.
Jul 14, 2022 9:53 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,329.06, down 286.13 points.) Enbridge Inc. (TSX:ENB). Energy. Down 17 cents, or 0.3 per cent, to $53.85 on 15.6 million shares.
Jul 14, 2022 5:59 PM
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S&P/TSX composite partially recovers but closes at 16-month low
TORONTO — Canada's main stock index partially recovered from morning weakness but still closed at its lowest level in 16 months after its three largest sectors sustained big blows.
Jul 14, 2022 5:38 PM
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Bank of Canada rate hike contributes to loonie falling to a 20-month low
TORONTO — The Bank of Canada's largest interest rate hike in 24 years caused the loonie to drop to a 20-month low as investors feared the U.S. Federal Reserve would mirror the full percentage point hike in two weeks.
Jul 14, 2022 5:09 PM
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Footwear brand Aldo completes restructuring, emerges from creditor protection
MONTREAL — Aldo Group Inc. says it has completed a restructuring process it launched in May 2020 when it filed for creditor protection amid COVID-19 pandemic shutdowns.
Jul 14, 2022 4:20 PM
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