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New Brunswick's budget surplus balloons $739 million more than spring estimate

New Brunswick's budget surplus balloons $739 million more than spring estimate

FREDERICTON — New Brunswick’s budget surplus continues to swell and is now projected at $774.4 million for the 2022-23 fiscal year, an increase of $739.2 million over the figure forecast in the province’s March budget.
AP source: US authorities investigate crypto exchange FTX

AP source: US authorities investigate crypto exchange FTX

NEW YORK (AP) — The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday, with authorities now investigating the firm for potential securities violations and analysts bracing for a further downturn i
WSP Global raises financial outlook as it looks to grow across its core business

WSP Global raises financial outlook as it looks to grow across its core business

MONTREAL — WSP Global Inc. raised its financial outlook as it said it's looking to grow its business across its core markets.
Larger-than-expected interest rate hikes would lead to economic contraction: PBO

Larger-than-expected interest rate hikes would lead to economic contraction: PBO

OTTAWA — The parliamentary budget officer says the Canadian economy would contract slightly in 2023 if central banks raise interest rates more than anticipated.
Biden to meet China's Xi on Monday for Taiwan, Russia talks

Biden to meet China's Xi on Monday for Taiwan, Russia talks

WASHINGTON (AP) — President Joe Biden will meet Monday with President Xi Jinping on the sidelines of next week’s Group of 20 Summit in Bali, Indonesia, a face-to-face meeting that comes amid increasingly strained U.S.
US consumer inflation eased to 7.7% over past 12 months

US consumer inflation eased to 7.7% over past 12 months

WASHINGTON (AP) — Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows. Consumer inflation reached 7.
Musk ends remote work at Twitter, warns of troubles ahead

Musk ends remote work at Twitter, warns of troubles ahead

Elon Musk has emailed Twitter employees, most working remotely, ordering them to return to the office immediately for at least 40 hours a week and warning of “difficult times ahead.
Canadian Tire sees 'choppy' consumer demand in latest quarter as cost of living grows

Canadian Tire sees 'choppy' consumer demand in latest quarter as cost of living grows

Consumer spending on essentials like grocery, gas and services remains strong but demand for non-essential goods is showing signs of softening, the head of Canadian Tire Corp. said.
Pathways president says industry will be judged on whether it accomplishes its goals

Pathways president says industry will be judged on whether it accomplishes its goals

CALGARY — Not that many years ago, the idea of showcasing the Canadian oilsands at an international summit on climate change would have been laughable.
Brookfield reports Q3 profit down, revenue and operating funds from operations up

Brookfield reports Q3 profit down, revenue and operating funds from operations up

TORONTO — Brookfield reported its third-quarter profit fell compared with a year ago when it benefited from higher valuation and disposition gains. The alternative asset manager, which keeps its books in U.S.