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JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'

JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'

NEW YORK (AP) — JPMorgan Chase's third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank's CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability.
Macklem says BoC will have to decide whether to be patient or to raise rates further

Macklem says BoC will have to decide whether to be patient or to raise rates further

OTTAWA — Bank of Canada Governor Tiff Macklem says the central bank will be deciding whether to exert patience at its next rate meeting or hike rates further.
Canada's average annual rent inflation rate reaches nine-month high: Rentals.ca study

Canada's average annual rent inflation rate reaches nine-month high: Rentals.ca study

A new report by Rentals.ca and Urbanation says the average asking price for a rental unit in Canada reached $2,149 last month, marking an 11.1 per cent jump from the same period a year ago. The data, which analyzes monthly listings from the Rentals.
From high flying to burnout, pot industry faces downturn five years post-legalization

From high flying to burnout, pot industry faces downturn five years post-legalization

When Abi Roach thinks about the 20 years she spent fighting for Canada to legalize cannabis, she says pot legislation is like a clenched fist.
Air Canada halts flights to Israel until end of October

Air Canada halts flights to Israel until end of October

MONTREAL — Air Canada says it's cancelling all direct flights to and from Tel Aviv through the end of the month. The suspension, which extends one in place since Oct.
Kaiser Permanente reaches a tentative deal with health care worker unions after a recent strike

Kaiser Permanente reaches a tentative deal with health care worker unions after a recent strike

Unions representing 75,000 health care workers who recently held a strike against industry giant Kaiser Permanente over wages and staffing shortages have reached a tentative agreement with the company.
Small-cap companies not ready for climate disclosure rules: TMX Group CEO

Small-cap companies not ready for climate disclosure rules: TMX Group CEO

CALGARY — Most of Canada's small and mid-sized publicly traded companies are not at all prepared for potentially forthcoming new requirements that could force them to disclose their climate impacts, the CEO of the company that operates the Toronto St
Ford says it's at the limit on how much it can spend to get new contract with striking autoworkers

Ford says it's at the limit on how much it can spend to get new contract with striking autoworkers

DETROIT (AP) — A top Ford executive says the company has reached the limit of how much money it will spend to get a contract agreement with the striking United Auto Workers union.
Insurer Intact Financial reports $611 million in catastrophe losses in third quarter

Insurer Intact Financial reports $611 million in catastrophe losses in third quarter

TORONTO — Intact Financial Corp. estimates its catastrophe losses for the second quarter were approximately $611 million on a pre-tax basis. The property and casualty insurer says in a news release that the losses amounted to $2.
'Shock and grief' now part of the job for tour companies amid Israel-Hamas war

'Shock and grief' now part of the job for tour companies amid Israel-Hamas war

MONTREAL — For Artzi Korostelev, the professional is now tragically personal.
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