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National Business
National Business
CPP Investments reports 5.6 per cent return in Q1 in broad rally from March low
TORONTO — Canada Pension Plan Investment Board's main fund achieved a 5.6 per cent net return for the quarter ended June 30. The Toronto-based fund manager says its base CPP account had $434.
Aug 14, 2020 12:53 PM
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Cineplex reports $98.9-million Q2 loss with movie theatres closed
TORONTO — Cineplex Inc.'s chief executive is hoping that ending an agreement with a virtual reality golf company, films debuting in Canada before the U.S.
Aug 14, 2020 12:11 PM
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Record lumber prices adding thousands of dollars to new home building costs
CALGARY — Soaring lumber and wood panel prices are adding thousands of dollars to the cost of building a home in Canada as strong renovation and new housing demand outstrip supply.
Aug 14, 2020 11:27 AM
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US retail sales rise for 3rd month but slowdown expected
WASHINGTON — Americans increased their spending at retail stores and restaurants in July for a third straight month, but some evidence suggests that sales are weakening with the expiration of government rescue aid that had previously put more money i
Aug 14, 2020 11:22 AM
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Apple, Google drop Fortnite from app stores over payments
NEW YORK — Apple and Google dropped the popular game Fortnite from their app stores after the game’s developer introduced a direct payment plan that bypasses their platforms.
Aug 14, 2020 11:06 AM
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Rent hike increase in B.C. is frozen, but province says landlords can evict
VICTORIA — A payment plan has been set out for renters in British Columbia who haven't been able to pay rent during the COVID-19 pandemic as a government moratorium on evictions ends on Sept. 1. Renters in arrears between March 18 and Aug.
Aug 14, 2020 10:54 AM
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Freshii sees sales start to recover as most of its restaurants reopen
TORONTO — Freshii Inc.
Aug 14, 2020 10:34 AM
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Statistics Canada says manufacturing sales posted record gain in June
OTTAWA — Canadian manufacturing sales climbed a record 20.7 per cent in June to $48.7 billion as production returned following widespread shutdowns earlier in the year, Statistics Canada reported Friday.
Aug 14, 2020 7:31 AM
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US industrial production up 3%; factory output up 3.4%
WASHINGTON — American industry continued to regain ground lost in the coronavirus recession last month, but production remains well below where it was before the pandemic struck.
Aug 14, 2020 6:49 AM
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US productivity rises 7.3% as hours worked are nearly halved
SILVER SPRING, Md. — U.S. productivity rose at a 7.3% rate in the second quarter as the number of hours worked fell by nearly half, the biggest drop-off since the government started tracking the data more than 70 years ago.
Aug 14, 2020 6:45 AM
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