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Profits in 15 sectors, including oil and gas, driving bulk of inflation: report

Profits in 15 sectors, including oil and gas, driving bulk of inflation: report

A new report by the Centre for Future Work found that growth in corporate profits this year compared to pre-pandemic has been concentrated in a small number of sectors where consumer prices have also risen the fastest.
Asian shares sink on revived worries over recession, China

Asian shares sink on revived worries over recession, China

BANGKOK (AP) — Shares retreated in Asia on Friday after a mixed day on Wall Street as optimism over signs the Federal Reserve may temper its aggressive interest rate hikes was replaced by worries the economy might be headed for a recession. A U.S.
Royals tour US green tech incubator, meet at-risk youth

Royals tour US green tech incubator, meet at-risk youth

BOSTON (AP) — The Prince and Princess of Wales on Thursday heard about solar-powered autonomous boats and low-carbon cement at a green technology startup incubator in suburban Boston before learning how a nonprofit gives young people the tools to sta
B.C.'s Medical Services Commission accuses Telus LifePlus program of extra-billing

B.C.'s Medical Services Commission accuses Telus LifePlus program of extra-billing

VANCOUVER — British Columbia's Medical Services Commission has applied for a court injunction against a Telus Health program alleging it is extra-billing for health services. In documents filed in the B.C.
Nexus applicants can shuffle off to Buffalo as Canada, U.S. expand pilot project

Nexus applicants can shuffle off to Buffalo as Canada, U.S. expand pilot project

WASHINGTON — An experimental bid to rescue the troubled Nexus trusted-traveller program between Canada and the United States has expanded to the Peace Bridge.
New paid sick leave rules come into effect for federally regulated workers

New paid sick leave rules come into effect for federally regulated workers

OTTAWA — Employees in federally regulated private-sector workplaces are now eligible for 10 days of paid sick leave after members of Parliament voted unanimously in favour of the move last year. As of Dec.
Final witnesses speak during hearing on Rogers, Shaw $26-billion proposed deal

Final witnesses speak during hearing on Rogers, Shaw $26-billion proposed deal

OTTAWA — Canada's competition watchdog heard from its final group of witnesses Thursday at the hearing meant to debate the Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc.
Volkswagen searching in Canada for first North American battery factory site

Volkswagen searching in Canada for first North American battery factory site

OTTAWA — Volkswagen AG has started searching in Canada for the site of its first battery factory in North America.
Amazon CEO says company won't take down antisemitic film

Amazon CEO says company won't take down antisemitic film

NEW YORK (AP) — Amazon CEO Andy Jassy said Wednesday the company does not have plans to stop selling the antisemitic film that gained notoriety recently after Brooklyn Nets guard Kyrie Irving tweeted out an Amazon link to it.
S&P/TSX composite up 70 points, U.S. markets mixed but keep Wednesday gains

S&P/TSX composite up 70 points, U.S. markets mixed but keep Wednesday gains

TORONTO — Canada's main stock index closed up around 70 points Thursday, with mixed results across sectors, while U.S. markets largely held on to the outsized gains they made the day before.
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