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Shareholder advisory firm backs rejecting Exfo privatization offer

Shareholder advisory firm backs rejecting Exfo privatization offer

QUEBEC — Proxy advisory firm Glass Lewis has differed from Institutional Shareholder Services Inc. in recommending that minority shareholders of Exfo Inc. vote against the founder's proposal to take the company private.
Western Forest Products Q2 profit soars to $78.3 million on surging lumber prices

Western Forest Products Q2 profit soars to $78.3 million on surging lumber prices

VANCOUVER — Western Forest Products Inc. beat expectations as surging lumber prices strongly boosted its second-quarter results. The Vancouver-based company says its net income soared to $78.3 million or 21 cents per share, up from $8.
About 2M dehumidifiers recalled in US, possible fire hazard

About 2M dehumidifiers recalled in US, possible fire hazard

The Consumer Product Safety Commission says about 2 million dehumidifiers made by New Widetech are being recalled in the U.S. because they can overheat and catch fire, posing fire and burn hazards.
Dorel Q2 profit doubles to US$22.2 million despite ongoing challenges

Dorel Q2 profit doubles to US$22.2 million despite ongoing challenges

MONTREAL — Dorel Industries Inc. missed expectations even though its net profit doubled in its latest quarter despite higher transportation costs and supplier closures. The company, which keeps its books in U.S. dollars, says it earned US$22.
Here's a quick glance at unemployment rates for July, by Canadian city

Here's a quick glance at unemployment rates for July, by Canadian city

OTTAWA — The national unemployment rate was 7.5 per cent in July. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
Here's a quick glance at unemployment rates for July, by province

Here's a quick glance at unemployment rates for July, by province

OTTAWA — Canada's national unemployment rate was 7.5 per cent in July. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 12.7 per cent (13.0) _ Prince Edward Island 9.
National employment numbers for July from Statistics Canada, at a glance

National employment numbers for July from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's July employment (numbers from the previous month in brackets): Unemployment rate: 7.5 per cent (7.8) Employment rate: 60.3 per cent (60.1) Participation rate: 65.2 per cent (65.
Statistics Canada to reveal July jobs numbers, economists expect gains

Statistics Canada to reveal July jobs numbers, economists expect gains

OTTAWA — Statistics Canada will reveal this morning how the labour market fared in July as restrictions meant to quell the COVID-19 pandemic were rolled back in many provinces.
California to mandate COVID-19 vaccines for health workers

California to mandate COVID-19 vaccines for health workers

SACRAMENTO, Calif. (AP) — California will require all of its roughly 2.2 million health care workers and long term care workers to be fully vaccinated by Sept.
Competition Bureau seeking info from telecom companies for Rogers-Shaw deal review

Competition Bureau seeking info from telecom companies for Rogers-Shaw deal review

Canada's Competition Bureau is seeking records and information from four of Canada's telecom service providers as part of its review of a proposed takeover of Shaw Communications Inc. by Rogers Communications Inc.
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