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Bank of Canada's rapid rate hikes likely to cause a recession, study finds
The Bank of Canada's strategy of rapidly increasing its key interest rate in an effort to tackle skyrocketing inflation will likely trigger a recession, says a new study released Tuesday
Jul 5, 2022 12:56 PM
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Report recommends pegging minimum wages to average incomes, graduated scale for teens
OTTAWA — A new report says Canada should replace its "haphazard and unpredictable" approach to minimum wages across the country with a clear formula based on average incomes.
Jul 5, 2022 11:48 AM
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Alberta to intervene in proceedings on Rogers-Shaw deal
The attorney general of Alberta will intervene in competition tribunal proceedings regarding the $26-billion merger between Rogers Communications Inc. and Shaw Communications Inc., according to a notice filed Monday.
Jul 5, 2022 10:20 AM
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Saskatchewan ranchers call for investigation into retail meat pricing
REGINA — A group of Canadian ranchers is calling for an investigation into meat pricing.
Jul 5, 2022 10:17 AM
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Saving for retirement is becoming out of reach for young Canadians
TORONTO — Twenty-four-year-old Jason Francone has always been pretty good with his money. "Coupons are my middle name; sales are in my DNA," he says. It's not just the art of bargain-hunting that he's mastered, though.
Jul 5, 2022 8:00 AM
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Hecla Mining signs all-stock deal for Alexco Resource
VANCOUVER — Hecla Mining Co. has signed a deal to buy the shares in Alexco Resource Corp. it does not already hold in an all-stock agreement valued at about US$74 million.
Jul 5, 2022 6:59 AM
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Canada says China bars diplomats from Canadian tycoon trial
BEIJING (AP) — Chinese authorities refused to let Canadian diplomats attend the trial of a Chinese-born Canadian tycoon who disappeared from Hong Kong five years ago, Canada’s government said Tuesday.
Jul 5, 2022 5:27 AM
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First test production of plastic a milestone for Heartland Petrochemical Complex
CALGARY — The $4.3-billion Heartland Petrochemical Complex, which has been under construction northeast of Edmonton since 2018, has produced its first plastic pellets. Owner and operator Inter Pipeline Ltd.
Jul 5, 2022 2:00 AM
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CN strike to end early Tuesday after union agrees to binding arbitration
MONTREAL — A two-week strike at Canadian National Railway Co. is ending after the union representing 750 signals and communications workers agreed to binding arbitration.
Jul 4, 2022 4:54 PM
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Auto sales down 11.5 per cent in June from a year earlier
TORONTO — DesRosiers Automotive Consultants says Canadian auto sales were down 11.5 per cent in June compared with a year earlier as supply challenges persist.
Jul 4, 2022 3:30 PM
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