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National Business
National Business
BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut
OTTAWA — The Bank of Canada considered cutting its key interest rate by just a quarter of a percentage point last month, but opted to take a larger step in the face of a weakening economy and falling inflation.
Nov 5, 2024 11:41 AM
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Nova Scotia Tories promise universal shingles vaccine program for 65 and over
HALIFAX — Nova Scotia’s Progressive Conservatives promised on Tuesday to introduce a universal shingles vaccine program for people 65 and older if re-elected Nov. 26, the latest in a series of targeted health announcements.
Nov 5, 2024 10:30 AM
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Tim Hortons parent Restaurant Brands sees sales slow amid 'difficult' economy
TORONTO — A "difficult" economic environment took a bite out of Restaurant Brands International Inc.
Nov 5, 2024 10:24 AM
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September merchandise trade deficit narrows to $1.3 billion: Statistics Canada
OTTAWA — Canada's merchandise trade deficit narrowed to $1.3 billion in September as imports fell more than exports, Statistics Canada said Tuesday. The result compared with a revised deficit of $1.5 billion for August.
Nov 5, 2024 9:59 AM
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Strike at Boeing was part of a new era of labor activism long in decline at US work places
Aircraft assembly workers at Boeing factories near Seattle and elsewhere voted to end a seven-week strike overnight.
Nov 5, 2024 9:48 AM
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Lights back on for almost all BC Hydro customers who lost power in strong winds
British Columbia's Crown utility says crews have restored power to 95 per cent of some 290,000 businesses and homes that were in the dark at some point Monday as strong winds battered coastal areas and parts of the central Interior.
Nov 5, 2024 9:29 AM
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Major Drilling buys South American drilling contractor, boosting rig count
MONCTON, N.B. — Major Drilling Group International Inc. has signed a deal to buy South American specialty drilling contractor Explomin Perforaciones in a deal worth up to US$85 million.
Nov 5, 2024 9:14 AM
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Electric and gas utility Fortis reports $420M Q3 profit, up from $394M a year ago
ST. JOHN'S, N.L. — Fortis Inc. reported a third-quarter profit of $420 million, up from $394 million in the same quarter last year. The electric and gas utility says the profit amounted to 85 cents per share for the quarter ended Sept.
Nov 5, 2024 7:06 AM
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Thomson Reuters reports Q3 profit down from year ago as revenue rises
TORONTO — Thomson Reuters reported its third-quarter profit fell compared with a year ago as its revenue rose eight per cent. The company, which keeps its books in U.S.
Nov 5, 2024 7:06 AM
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Boeing factory workers vote to accept contract and end more than 7-week strike
SEATTLE (AP) — Unionized machinists at Boeing voted Monday to accept a contract offer and end their strike after more than seven weeks, clearing the way for the aerospace giant to resume production of its bestselling airliner and generate much-needed
Nov 4, 2024 10:13 PM
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