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Gildan reports record -Q3 results as sales surpass pre-pandemic levels in 2019

Gildan reports record -Q3 results as sales surpass pre-pandemic levels in 2019

MONTREAL — Gildan Activewear Inc. has stitched record-high profits in its latest quarter on strong sales growth that even surpassed 2019 levels. The Montreal-based maker of T-shirts, underwear and socks, which reports in U.S.
Ontario seeking to double skilled immigrants to address labour shortage

Ontario seeking to double skilled immigrants to address labour shortage

TORONTO — Ontario is calling on the federal government to double the number of immigrants allowed into the province under a program aimed at boosting the skilled workforce.
Ontario seeking to double skilled immigrants to address labour shortage

Ontario seeking to double skilled immigrants to address labour shortage

TORONTO — Ontario is calling on the federal government to double the number of immigrants allowed into the province under a program aimed at boosting the skilled workforce.
OPEC+ keeps cautious oil production despite Biden pressure

OPEC+ keeps cautious oil production despite Biden pressure

FRANKFURT, Germany (AP) — OPEC and allied oil-producing countries rebuffed pressure from U.S. President Joe Biden to pump significantly more oil and lower gasoline prices for U.S.
Montreal home sales in October down from record level last year, but prices up

Montreal home sales in October down from record level last year, but prices up

MONTREAL — The pace of home sales in Montreal in October fell 24 per cent compared with a record total for the month last year, while prices soared higher.
Trade surplus grew to $1.9B in September as chip shortage hurt auto sector

Trade surplus grew to $1.9B in September as chip shortage hurt auto sector

OTTAWA — Canada merchandise trade surplus grew to $1.9 billion in September compared with $1.5 billion in August as both imports and exports fell due in part to the shortage of semiconductor chips that hurt auto production.
US trade deficit hits record of $80.9 billion in September

US trade deficit hits record of $80.9 billion in September

WASHINGTON (AP) — The U.S. trade deficit hit an all-time high of $80.9 billion in September as American exports fell sharply while imports, even with supply chain problems at American ports, continue to climb.
Canadians are more financially literate than they realize: poll

Canadians are more financially literate than they realize: poll

Canadians are emerging from the pandemic with a lack of confidence in their financial knowledge, with many underestimating how much they actually know about topics like savings, debt, investing and insurance, a new poll has found.
Bank of England holds rates steady, confounding expectations

Bank of England holds rates steady, confounding expectations

LONDON (AP) — The Bank of England has confounded market expectations and held U.K.
Unemployment claims drop to 269,000, another pandemic low

Unemployment claims drop to 269,000, another pandemic low

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell to a fresh pandemic low last week, another sign the job market is healing after last year's coronavirus recession.