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Statistics Canada reports $1.9B merchandise trade surplus for January

Statistics Canada reports $1.9B merchandise trade surplus for January

OTTAWA — Canada posted a merchandise trade surplus of $1.9 billion in January, helped by exports of wheat, canola oil and soybeans, Statistics Canada said Wednesday. The agency said the result compared with a revised surplus of $1.
January US job openings dip, but still high at 10.8 million

January US job openings dip, but still high at 10.8 million

WASHINGTON (AP) — U.S. employers posted 10.8 million job openings in January, indicating the American job market continues to run too hot for the inflation fighters at the Federal Reserve. Job openings fell from 11.
The Bank of Canada held its key interest rate steady. What the announcement says

The Bank of Canada held its key interest rate steady. What the announcement says

OTTAWA — The Bank Canada kept its key interest rate target on hold at 4.5 per cent on Wednesday. Here is the text of the central bank's statement announcing the decision: The Bank of Canada today held its target for the overnight rate at 4.
First Quantum reaches new profit-sharing deal with Panama for Cobre Panama mine

First Quantum reaches new profit-sharing deal with Panama for Cobre Panama mine

TORONTO — First Quantum Minerals Ltd. says it has reached an agreement to settle its dispute with the government of Panama over profit-sharing at the Canadian miner's Cobre Panama mine.
One month after cyberattack hit, what's next for Indigo?

One month after cyberattack hit, what's next for Indigo?

One month after a cyberattack hit Indigo Books & Music Inc., Canada's biggest bookstore chain is back online, although, still grappling with the fallout.
Timeline of the ransomware attack against Canadian bookstore retailer Indigo

Timeline of the ransomware attack against Canadian bookstore retailer Indigo

TORONTO — It's been one month since a ransomware attack hit Canada's biggest bookstore chain. The hack kicked Indigo Books & Music Inc.
Credit unions beating big banks when it comes to women in executive roles: report

Credit unions beating big banks when it comes to women in executive roles: report

Smaller financial institutions tend to be closer to gender parity in their executive ranks than the major Canadian banks, a new analysis by credit rating agency DBRS Morningstar has found.
Asian stocks tumble amid fears about faster rate hikes

Asian stocks tumble amid fears about faster rate hikes

TOKYO (AP) — Asian shares were mostly lower Wednesday as investors fretted that the Federal Reserve might raise interest rates faster if pressure stays high on inflation. Japan's benchmark Nikkei 225 edged up 0.2% in morning trading to 28,370.92.
Oklahoma voters reject legalizing recreational marijuana

Oklahoma voters reject legalizing recreational marijuana

OKLAHOMA CITY (AP) — Oklahoma voters on Tuesday rejected the legalization of recreational marijuana, following a late blitz of opposition from faith leaders, law enforcement and prosecutors.
B.C. auditor general renews calls for better fraud risk management in public bodies

B.C. auditor general renews calls for better fraud risk management in public bodies

VICTORIA — British Columbia auditor general Michael Pickup says the province's public institutions are susceptible to fraud, but he can't release specifics about the theft and corruption reported to his office in a survey conducted this year.