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Wholesale prices rise 0.3%, but inflation not the worry now

Wholesale prices rise 0.3%, but inflation not the worry now

WASHINGTON — U.S. wholesale prices rose moderately in October as food costs jumped by the largest amount in five months.
AI can help in fight against COVID-19, if we don't let fear stop us: Yoshua Bengio

AI can help in fight against COVID-19, if we don't let fear stop us: Yoshua Bengio

TORONTO — One of the godfathers of artificial intelligence says the last year has created a "watershed" moment for the technology, but we have to be careful not to let our fears keep us from exploring it more.
Snow, cold and COVID-19 precautions usher in early ski season in Western Canada

Snow, cold and COVID-19 precautions usher in early ski season in Western Canada

CALGARY — Western Canadians tired of isolating at home are filling the slopes at mountain ski resorts that have opened earlier than usual despite worries about surging cases of COVID-19.
US piles up record October budget deficit of $284.1 billion

US piles up record October budget deficit of $284.1 billion

WASHINGTON — The U.S. is starting the 2021 budget year the way the old year ended, with soaring deficits. The Treasury Department reported Thursday that the federal government ran up a record October deficit of $284.
Coronavirus deaths surpass 10,000 in hard-hit Massachusetts

Coronavirus deaths surpass 10,000 in hard-hit Massachusetts

BOSTON — Once a coronavirus hot spot, Massachusetts was seen as a model for infection control this summer as coronavirus cases and deaths dwindled.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,582.18, down 191.96 points.) Enbridge Inc. (TSX:ENB). Energy. Down $1.85, or 4.64 per cent, to $37.98 on 25.4 million shares.
S&P/TSX composite snaps three-day winning streak on growing COVID-19 worries

S&P/TSX composite snaps three-day winning streak on growing COVID-19 worries

TORONTO — Canada's main stock index snapped a three-day winning streak as growing COVID-19 infections and spreading lockdowns muted some optimism about prospective vaccines.
Bank of Canada deputy warns of long-lasting pandemic 'scars' on economy

Bank of Canada deputy warns of long-lasting pandemic 'scars' on economy

OTTAWA — The second-in-command at the Bank of Canada is warning that economic "scars" from the COVID-19 pandemic could become permanent without concerted effort from all Canadians.
Shell gives customers option to offset their carbon emissions for two cents per litre

Shell gives customers option to offset their carbon emissions for two cents per litre

CALGARY — Shell Canada is letting carbon-conscious customers get their two cents in for the environment while filling up at one of its 1,400 stations across Canada.
Pandemic-related spending patterns help Loblaw beat Q3 profit expectations

Pandemic-related spending patterns help Loblaw beat Q3 profit expectations

BRAMPTON, Ont. — Canadians continue to spend more on groceries during the COVID-19 pandemic, helping Loblaw Companies Ltd. beat quarterly expectations and boost its dividend.