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Canadian Tire cuts about 3% of workforce as customer spending slows

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.
Canadians should plan for higher rates in the long run, BoC’s Rogers says

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.
Rogers ahead of pace in cutting costs following Shaw merger

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.
Canada says it can fight climate change and be major oil nation. Massive fires may force a reckoning

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
Remembering Quillan Roberts' historic goal for Canada at 2011 FIFA U-17 World Cup

Remembering Quillan Roberts' historic goal for Canada at 2011 FIFA U-17 World Cup

Canada, which opens play Friday against Spain at the FIFA U-17 World Cup in Indonesia, has scored just 10 goals in its previous seven trips to the youth showcase. But one of those made history.
Nic Benn returns to Toronto Arrows after missing most of 2023 season through injury

Nic Benn returns to Toronto Arrows after missing most of 2023 season through injury

TORONTO — Centre/wing Nic Benn, who was limited to just one game last season after suffering a shoulder injury in the Toronto Arrows' season opener, has re-signed with the Major League Rugby team.
CPP Investments earned 0.1% net return in second quarter

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.
WSP Global CEO says buying spree no barrier to more, as earnings climb

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.

Israel-Hamas war: Concordia University in Montreal condemns on-campus violence

MONTREAL — The president of Concordia University in Montreal is condemning the recent violence on campus linked to the Israel-Hamas war.
High rates, regulations have some rethinking short-term rental ownership: experts

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.
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