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Lululemon surpasses US$6B annual sales; Q4 profits up 32 per cent to US$434.5 million

Lululemon surpasses US$6B annual sales; Q4 profits up 32 per cent to US$434.5 million

VANCOUVER — Lululemon Athletica Inc. capped an exceptional year in which it surpassed US$6 billion in revenues for the first time, with net profits growing nearly 32 per cent in the fourth quarter.
Facebook owner Meta to hire 2,500 in Canadian roles, create Toronto engineering hub

Facebook owner Meta to hire 2,500 in Canadian roles, create Toronto engineering hub

TORONTO — Meta founder Mark Zuckerberg’s ambitious vision to create an immersive digital realm will be aided by thousands of Canadian hires and a new engineering hub in the country.
Nova Scotia tables deficit budget with major health-care spending boost for 2022-23

Nova Scotia tables deficit budget with major health-care spending boost for 2022-23

HALIFAX — Nova Scotia’s Progressive Conservative government is forecasting a $506.2-million deficit in its first budget as it focuses on an election campaign pledge to spend heavily on the province's ailing health system. The $13.
Travel rewards cards worth considering as industry gears up for rise in tourism

Travel rewards cards worth considering as industry gears up for rise in tourism

TORONTO — Since moving to Windsor, N.S., from Toronto in 2021, Stefan Palios has been able to return for multiple visits with his grandparents, and travel reward points have made a big difference.
Highlights of Nova Scotia's 2022-23 provincial budget

Highlights of Nova Scotia's 2022-23 provincial budget

HALIFAX — Nova Scotia Finance Minister Allan MacMaster tabled a $13.2-billion budget for 2022-23 on Tuesday. Here are some highlights: - Projected deficit of $506.2 million, increasing the province's net debt to about $18.4 billion.
Canadian crypto industry leaders launch Web3 council and push for regulation

Canadian crypto industry leaders launch Web3 council and push for regulation

TORONTO — Some of Canada's leaders in the blockchain sector launched Tuesday a non-profit association aimed at moving the needle on regulation of cryptocurrencies anddigital assets in this country.
FDA OKs another Pfizer, Moderna COVID booster for 50 and up

FDA OKs another Pfizer, Moderna COVID booster for 50 and up

U.S. regulators on Tuesday authorized another COVID-19 booster for people age 50 and older, a step to offer extra protection for the most vulnerable in case the coronavirus rebounds.
US job openings remain near record high in February

US job openings remain near record high in February

WASHINGTON (AP) — Job openings hovered at a near-record level in February, little changed from the previous month, continuing a trend that Federal Reserve officials see as a driver of inflation. There were 11.
US consumers still confident, but outlook not as rosy

US consumers still confident, but outlook not as rosy

SILVER SPRING, Md. (AP) — U.S. consumer confidence bounced back in March and remains high, though consumers' short-term outlook is not quite as rosy.
Cargojet signs new air-transportation services deal with DHL

Cargojet signs new air-transportation services deal with DHL

TORONTO — Cargojet Inc. has signed a new agreement with DHL Network Operations (USA) Inc. to provide air-transportation services for DHL's global network that it says will boost earnings and help diversify its services.