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National Business
National Business
Feds should boost grocery competition at home, not seek outsider: experts
Instead of enticing a foreign grocer to come to Canada, some experts say Ottawa should look at ways to support smaller and regional grocery companies to boost competition.
Feb 2, 2024 11:40 AM
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Treatment plant fixed, Edmonton lifts ban on non-essential water use
EDMONTON — The mandatory ban on non-essential water use in Edmonton and surrounding communities has been lifted. Water-operator Epcor says repairs have been completed at the affected treatment plant and the system has stabilized.
Feb 2, 2024 11:23 AM
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Imperial Oil breaking production records as industry awaits Trans Mountain completion
CALGARY — As Canada's energy sector ramps up for the anticipated start-up of the Trans Mountain pipeline expansion, Imperial Oil Ltd. reported its highest production levels in over 30 years in the fourth quarter of 2023.
Feb 2, 2024 10:51 AM
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Feds unveil web tool to track representation, pay disparity for women, minorities
Ottawa launched a new pay transparency website Friday to better illustrate how women, visible minorities, people with disabilities and Indigenous Peoples are represented and paid at federally regulated private sector employers.
Feb 2, 2024 10:49 AM
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Vancouver home sales rise in January as demand outpaces newly listed properties
VANCOUVER — The Real Estate Board of Greater Vancouversays home sales got off to a strong start in the first month of 2024 but the pace of newly listed properties did not keep up with demand. The board says January home sales totalled 1,427, a 38.
Feb 2, 2024 10:32 AM
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Canada signs letter of intent with AI giant Nvidia during CEO's Toronto trip
TORONTO — Industry Minister François-Philippe Champagne says Canada has signed a letter of intent with artificial intelligence chip giant Nvidia to boost computing power.
Feb 2, 2024 9:37 AM
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The US didn't just avoid a recession - it's adding hundreds of thousands of new jobs
WASHINGTON (AP) — The nation’s employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy’s continuing ability to shrug off the highest interest rates in two decades.
Feb 2, 2024 9:14 AM
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Business, consumer insolvencies rise in December as higher rates bite
OTTAWA — Business insolvencies rose 57.2 per cent in December compared with a year earlier, according to the Office of the Superintendent of Bankruptcy. For the entire year, business insolvencies were up 41.
Feb 2, 2024 8:54 AM
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A London judge acquits climate activist Greta Thunberg over a protest at an oil industry conference
LONDON (AP) — Climate activist Greta Thunberg was acquitted Friday of refusing to follow a police order to leave a protest blocking the entrance to a major oil and gas industry conference in London last year.
Feb 2, 2024 8:44 AM
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January auto sales jump nearly 15% as 'pent-up demand' continues to drive trends
TORONTO — DesRosiers Automotive Consultants says auto sales jumped 14.9 per cent in January compared with the year before. Manufacturers reported an estimated 112,862 transactions for the month, up from 98,259 units in January 2023.
Feb 2, 2024 7:59 AM
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