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Record high lumber, panel prices drive Alberta stumpage fees to new heights

CALGARY — Record high prices for lumber and construction panelling are creating a resource revenue boost for the coffers of the Alberta government, partly making up for huge declines in oil and gas returns.
US unemployment rate falls to 8.4% even as hiring slows

US unemployment rate falls to 8.4% even as hiring slows

WASHINGTON — U.S. unemployment dropped sharply in August from 10.2% to a still-high 8.

Two passengers fined $1,000 each after refusing to wear masks on WestJet flights

OTTAWA — Transport Canada has fined two airline passengers for refusing to wear face masks on board. The department says the travellers were fined $1,000 each after ignoring repeated directions from cabin crew to put on their face coverings.
Canopy Growth lays off more workers, won't say how many impacted by cuts

Canopy Growth lays off more workers, won't say how many impacted by cuts

SMITHS FALLS, Ont. — Canopy Growth Corp. is laying off another round of workers as the cannabis company continues to restructure. The Smiths Falls, Ont.
Virgin Atlantic completes rescue plan; 1,150 jobs lost

Virgin Atlantic completes rescue plan; 1,150 jobs lost

LONDON — Virgin Atlantic completed its 1.2 billion-pound ($1.6 billion) restructuring plan and cut 1,150 jobs Friday as the airline sought to rebuild following the devastation caused by the COVID-19 pandemic.
Unifor to announce Detroit 3 pattern agreement target on Tuesday

Unifor to announce Detroit 3 pattern agreement target on Tuesday

TORONTO — Unifor says it will announce on Tuesday the Detroit Three automaker it will target to establish the pattern agreement in its contract talks.

Here's a quick glance at unemployment rates for August, by Canadian city

OTTAWA — The national unemployment rate was 10.2 per cent in August. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

Here's a quick glance at unemployment rates for August, by province

OTTAWA — Canada's national unemployment rate was 10.2 per cent in August. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 13.1 per cent (15.6) _ Prince Edward Island 10.

National employment numbers for August from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's August employment (numbers from the previous month in brackets): Unemployment rate: 10.2 per cent (10.9) Employment rate: 58.0 per cent (57.3) Participation rate: 64.6 per cent (64.
Laurentian Bank reports $36.2 million Q3 profit, beats expectations

Laurentian Bank reports $36.2 million Q3 profit, beats expectations

MONTREAL — Laurentian Bank Financial Group beat expectations as it reported a third-quarter profit of $36.2 million.