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Seasonal job postings soar, but employers may struggle to fill them, Indeed says

Seasonal job postings soar, but employers may struggle to fill them, Indeed says

TORONTO — Employers may have a tougher time hiring temporary workers this upcoming holiday season as the growth in job postings compared to pre-pandemic outweighs those looking, a new report has found.
Addressing supply issues not substitute for rate hikes, says Bank of Canada official

Addressing supply issues not substitute for rate hikes, says Bank of Canada official

OTTAWA — Bank of Canada senior deputy governor Carolyn Rogers says addressing supply problems could help ease inflationary pressures but such policies wouldn't substitute the need for higher interest rates.
Musk emerging as Twitter's chief moderator ahead of midterms

Musk emerging as Twitter's chief moderator ahead of midterms

NEW YORK (AP) — Days after taking over Twitter and a week before the U.S. midterm elections, billionaire Elon Musk has positioned himself as moderator-in-chief of one of the most important social media platforms in American politics.
Martinrea reports record quarterly sales as supply constraints ease

Martinrea reports record quarterly sales as supply constraints ease

TORONTO — Martinrea International Inc. says it hit record quarterly sales in the third quarter as supply shortages eased and it passed on more inflationary costs to customers. The auto parts maker says sales of $1.
Competition watchdog doubles down on blocking Rogers-Shaw deal ahead of hearings

Competition watchdog doubles down on blocking Rogers-Shaw deal ahead of hearings

OTTAWA — The regulatory fight over the $26-billion proposed merger between Rogers Communications Inc. and Shaw Communications Inc.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,517.71, up 91.57 points): Enbridge Inc. (TSX:ENB). Energy. Down five cents, or 0.09 per cent, to $53.03 on 7.5 million shares.
Ottawa reveals plan to welcome 500,000 immigrants per year by 2025

Ottawa reveals plan to welcome 500,000 immigrants per year by 2025

OTTAWA — The federal Liberal government has unveiled plans for a massive increase in the number of immigrants entering Canada, with a goal of seeing 500,000 people arrive each year by 2025 as it seeks to address a critical labour shortage across the
S&P/TSX composite up more than 90 points, U.S. markets down

S&P/TSX composite up more than 90 points, U.S. markets down

TORONTO — Canada's main stock index was up by more than 90 points on the first day of the month after a mid-morning trading halt due to a technical problem, while U.S. stocks were down on hotter-than-expected employment data and tech stocks.
A look at recent stock exchange outages around the world

A look at recent stock exchange outages around the world

Tuesday's outage at the Toronto Stock Exchange that temporarily halted trading may have frustrated investors and traders, but it's not the only high-profile technical glitch to affect a major global securities exchange in recent years.
EQ Bank closes $495 million takeover of Concentra Bank

EQ Bank closes $495 million takeover of Concentra Bank

TORONTO — EQ Bank owner Equitable Group Inc. said Tuesday it has closed its takeover of Concentra Bank in a deal valued at $495 million. The takeover of Concentra boosts Equitable's assets under management base by $13.