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Canadians to spend big on holidays, return to shopping malls, multiple surveys find

Canadians to spend big on holidays, return to shopping malls, multiple surveys find

Canadians are upbeat heading into the holidays as the return of celebrations, a waning pandemic, robust savings and low unemployment are expected to bolster consumer confidence and spending, according to several new retail surveys released ahead of t
Canada disappointed with U.S. final softwood lumber duty rate, says trade minister

Canada disappointed with U.S. final softwood lumber duty rate, says trade minister

OTTAWA — International Trade Minister Mary Ng and B.C.'s lumber producers say they are disappointed that the U.S. Department of Commerce has decided to increase duties on Canada's softwood lumber producers. The U.S.
Trains roll into Vancouver after CP Rail restores limited service following mudslides

Trains roll into Vancouver after CP Rail restores limited service following mudslides

The first trains have rolled into Vancouver since flooding and landslides cut key supply links in southern British Columbia, Canadian Pacific Railway Ltd. said.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,548.43, up 94.66 points.) Manulife Financial Corp. (TSX:MFC). Financials. Up seven cents, or 0.28 per cent, to $24.78 on 15.

Fed officials express resolve to address inflation risks

WASHINGTON (AP) — Federal Reserve officials in discussions earlier this month said the central bank “would not hesitate” to take appropriate actions to address inflation pressures that posed risks to the economy.
Energy and tech stocks help lift TSX while U.S. stock markets rally before holiday

Energy and tech stocks help lift TSX while U.S. stock markets rally before holiday

TORONTO — Energy and technology lifted Canada's main stock index mid-week while U.S. stock markets staged a late rally on the eve of that country's Thanksgiving holiday due to positive economic data including jobless claims hitting a 52-year low.
P.E.I. potato growers seek answers to resolve trade issue with United States

P.E.I. potato growers seek answers to resolve trade issue with United States

FREDERICTON — The group representing potato farmers on Prince Edward Island says its members need answers quickly from Ottawa on the decision to suspend all shipments of fresh potatoes from the Island to the United States or the industry will face hu
Alimentation Couche-Tard CEO optimistic worst of labour shortages is behind it

Alimentation Couche-Tard CEO optimistic worst of labour shortages is behind it

Alimentation Couche-Tard Inc. says labour shortages have been a big challenge for its convenience stores and suppliers, but the Quebec company believes the worst is behind it. The company says it faced a 7.
US GDP slowed sharply in Q3 but big rebound expected in Q4

US GDP slowed sharply in Q3 but big rebound expected in Q4

WASHINGTON (AP) — The U.S. economy slowed to a modest annual rate of 2.1% in the July-September quarter according to the government’s second read of the data, slightly better than its first estimate.
Sweden's first female prime minister quits hours later

Sweden's first female prime minister quits hours later

COPENHAGEN, Denmark (AP) — Hours after being tapped as Sweden’s first female prime minister, Magdalena Andersson resigned Wednesday after suffering a budget defeat in parliament and her coalition partner the Greens left the two-party minority governm