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Mask makers raise prices as material, labour costs rise amid pandemic

Mask makers raise prices as material, labour costs rise amid pandemic

Kevin Vuong started to sell face masks through a newly founded company just two weeks after the World Health Organization declared the outbreak of COVID-19 a pandemic.

Bell launches 5G network in Montreal, Toronto, Calgary, Edmonton and Vancouver

MONTREAL — Bell is beginning to roll out a new 5G wireless network in five cities, joining the global race to deploy the high-speed technology.
Nova Scotia's premier takes wait-and-see stand on lifting of regional travel

Nova Scotia's premier takes wait-and-see stand on lifting of regional travel

HALIFAX — Expectations that Atlantic Canadians are only weeks away from being able to travel throughout the region without any restrictions were dampened on Thursday by Nova Scotia's premier.
Statistics Canada to collect data on race as part of its monthly jobs report

Statistics Canada to collect data on race as part of its monthly jobs report

OTTAWA — Statistics Canada is starting a pilot project to collect information on race and visible minority status as part of its monthly jobs report starting with the survey next month.
Collapse of Quadriga crypto exchange was a result of fraud, says OSC

Collapse of Quadriga crypto exchange was a result of fraud, says OSC

TORONTO — The Quadriga cryptocurrency exchange that saw millions of dollars disappear just as its founder died was a "fraud" and Ponzi scheme, according to the Ontario Securities Commission.
Many Canadian film and TV productions held up by lack of COVID-19 insurance

Many Canadian film and TV productions held up by lack of COVID-19 insurance

TORONTO — Reduced crowd scenes. Fewer people on set. COVID-19 testing. Handwashing stations.
US wholesale prices rise 0.4% in May led by food and energy

US wholesale prices rise 0.4% in May led by food and energy

WASHINGTON — U.S. wholesale prices rose 0.4% in May, led by a gains in the cost of food and energy.
Amid low interest rates, income investors need to look beyond bonds for yield

Amid low interest rates, income investors need to look beyond bonds for yield

OTTAWA — Interest rates are back down to rock bottom levels and while that may be good news for borrowers, investors looking for investment income to pay for their retirement are once again searching for yield.
Buyer's remorse: Mall deal implodes as virus shakes retail

Buyer's remorse: Mall deal implodes as virus shakes retail

NEW YORK — The nation’s largest mall owner is backing out of a $3.6 billion deal to buy a major rival as the coronavirus pandemic shakes the retail industry.
Fed to keep providing aid and sees no rate hike through 2022

Fed to keep providing aid and sees no rate hike through 2022

WASHINGTON — Confronted with an economy gripped by recession and high unemployment, the Federal Reserve signalled Wednesday that it expects to keep its key short-term interest rate near zero through 2022.