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National Business
Suncor says still hunting for cost savings after wave of job cuts
CALGARY — Suncor Energy Inc. says it has wrapped 1,500 job cuts two months ahead of schedule, but that it will continue to look for areas to trim as part of a wider efficiency push.
Nov 9, 2023 12:43 PM
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Hollywood's strikes are both now over as actors reach deal with studios, return to work with writers
LOS ANGELES (AP) — On Thursday, for the first time in more than six months, neither Hollywood's actors nor its writers will be on strike.
Nov 9, 2023 12:40 PM
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Canadian Tire cuts about 3% of workforce as customer spending slows
TORONTO — Canadian Tire Corp. Ltd. has cut about three per cent of its workforce in its fourth quarter as tougher economic times weigh on consumer's willingness to spend.
Nov 9, 2023 12:20 PM
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Canadians should plan for higher rates in the long run, BoC’s Rogers says
VANCOUVER — Bank of Canada senior deputy governor Carolyn Rogers is warning interest rates might not return to the low levels people were used to before the COVID-19 pandemic.
Nov 9, 2023 12:19 PM
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Rogers ahead of pace in cutting costs following Shaw merger
TORONTO — The chief executive of Rogers Communications Inc said the company is well ahead of schedule in its plans to cut costs around half a year into its $26-billion merger with Shaw.
Nov 9, 2023 11:32 AM
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Canada says it can fight climate change and be major oil nation. Massive fires may force a reckoning
FORT MCMURRAY, Canada (AP) — During a May wildfire that scorched a vast swath of spruce and pine forest in northwestern Canada, Julia Cardinal lost a riverside cabin that was many things to her: retirement project, gift from from her husband, and som
Nov 9, 2023 11:25 AM
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CPP Investments earned 0.1% net return in second quarter
TORONTO — The Canada Pension Plan Investment Board earned a net return of 0.1 per cent in its second quarter. The fund manager says it saw losses in fixed income and weakness in public equities as global markets declined.
Nov 9, 2023 11:08 AM
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WSP Global CEO says buying spree no barrier to more, as earnings climb
MONTREAL — The head of WSP Global Inc. says its spate of acquisitions — four so far this year, plus its biggest ever last fall — is no barrier to future deals by the engineering company, even as interest rates remain high.
Nov 9, 2023 11:06 AM
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High rates, regulations have some rethinking short-term rental ownership: experts
Higher interest rates combined with stricter regulations have some Canadians beginning to second-guess the wisdom of investing in a short-term rental property.
Nov 9, 2023 10:00 AM
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Las Vegas hotel workers union and MGM agree to tentative contract after deal with Caesars
LAS VEGAS (AP) — The Las Vegas hotel workers union reached a deal with MGM Resorts International, the largest employer on the Las Vegas Strip, on the heels of its breakthrough agreement with Caesars Entertainment.
Nov 9, 2023 9:23 AM
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