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US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

US economy grew at a solid 2.8% pace last quarter on strength of consumer spending

WASHINGTON (AP) — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.
Canada Post presents latest contract offer to Canadian Union of Postal Workers

Canada Post presents latest contract offer to Canadian Union of Postal Workers

OTTAWA — Canada Post has presented its latest contract offer to the Canadian Union of Postal Workers in a bid to reach a new deal without a labour disruption. The new proposal includes annual wage increases amounting to 11.5 per cent over four years.
Apparel retailers like Arc'teryx see in-store repair centres as 'the future'

Apparel retailers like Arc'teryx see in-store repair centres as 'the future'

TORONTO — In a nook of the gleaming new Arc'teryx store on Toronto's Bloor Street West, Jesse Chan and Yamel Zacarias rifled through a rack of jackets most would consider misfits one October afternoon.
Precision Drilling sees third-quarter profits rise on stronger Canadian rig demand

Precision Drilling sees third-quarter profits rise on stronger Canadian rig demand

CALGARY — Precision Drilling Corp. says it earned $39 million in the third quarter of 2024, nearly double what it earned in the same time period last year. Canada's largest oil-and-gas drilling rig company says the profit works out to $2.
Alberta Premier Smith says lower-than-forecast oil prices could mean budget deficit

Alberta Premier Smith says lower-than-forecast oil prices could mean budget deficit

EDMONTON, ALBERTA, CANADA — Alberta Premier Danielle Smith says a potential budget deficit next year is not off the table as oil prices sit below what was projected.
The EU is imposing duties on electric vehicles from China after trade talks fail

The EU is imposing duties on electric vehicles from China after trade talks fail

BRUSSELS (AP) — The European Union is imposing duties on imports of electric vehicles from China starting Wednesday after talks between Brussels and Beijing failed to find an amicable solution to their trade dispute.
S&P/TSX composite ticks lower, U.S. stock markets mixed as Nasdaq reaches new high

S&P/TSX composite ticks lower, U.S. stock markets mixed as Nasdaq reaches new high

TORONTO — Canada's main stock index ticked lower Tuesday, weighed down by losses in telecom, utilities and energy, while the Nasdaq hit a new record thanks to gains in technology stocks. However, U.S.
Gordon Lightfoot's instruments, artwork and outfits headed to auction

Gordon Lightfoot's instruments, artwork and outfits headed to auction

Dozens of Gordon Lightfoot's personal belongings — including guitars, artwork, even his highest awards — are up for grabs in an auction that has some fans questioning why the items weren't rescued by a museum.
Stock market today: Rising tech stocks send Nasdaq to a record

Stock market today: Rising tech stocks send Nasdaq to a record

NEW YORK (AP) — Rising technology stocks sent the Nasdaq composite to a record, but trading was mixed along the rest of Wall Street. The S&P 500 rose 0.2% Tuesday, even though the majority of stocks in the index fell.
Mayor didn't expect tight result in Ontario community vote to host nuclear waste site

Mayor didn't expect tight result in Ontario community vote to host nuclear waste site

Residents of an Ontario municipality voted in favour of hosting a deep geological repository for Canada's nuclear waste in an extremely tight referendum, and now the mayor says it's time to heal community fractures over the issue.
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