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BRP reports $244.4M Q1 profit, raises full-year guidance despite supply chain issues

BRP reports $244.4M Q1 profit, raises full-year guidance despite supply chain issues

VALCOURT, Que. — Supply chain issues in the recreational vehicle industry are impacting BRP Inc.'s product delivery timelines, but the company says it's still on track to deliver its target full year volume.
US service sector growth surges in May

US service sector growth surges in May

SILVER SPRING, Md. (AP) — Growth in the services sector, where most Americans work, hit an all-time high in May as people flock to bars, restaurants and other venues across the country that now have fewer or no pandemic-related capacity restrictions.
Feds give $5.8M to Elevate for skills program targeting underrepresented groups

Feds give $5.8M to Elevate for skills program targeting underrepresented groups

TORONTO — The federal government says it will invest more than $5.8 million on a new program helping job seekers from underrepresented communities reskill and find employment in Ontario.
US productivity growth unrevised at 5.4% rate in Q1

US productivity growth unrevised at 5.4% rate in Q1

WASHINGTON (AP) — U.S. productivity growth was unrevised at a 5.4% rate in the first three months of the year, though recent increases in labor costs accelerated.
Bell Canada signs 5G network deal with Amazon Web Services

Bell Canada signs 5G network deal with Amazon Web Services

MONTREAL — Bell Canada has signed a deal with Amazon Web Services Inc. to boost its 5G network capabilities. Under the deal, Bell will embed AWS computing and storage services at the edge of its 5G network.
US jobless claims drop to 385,000, another pandemic low

US jobless claims drop to 385,000, another pandemic low

WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week for a fifth straight week to a new pandemic low, the latest evidence that the U.S. job market is regaining its health as the economy further reopens.
Inter Pipeline continues to support Pembina deal after improved Brookfield offer

Inter Pipeline continues to support Pembina deal after improved Brookfield offer

CALGARY — The board of directors at Inter Pipeline Ltd. says it still supports a takeover deal the company signed with Pembina Pipeline Corp., despite an increased offer from Brookfield Infrastructure Partners.
GTA home sales down 13% between April and May but prices still rising: TRREB

GTA home sales down 13% between April and May but prices still rising: TRREB

TORONTO — The frenzied pace of home sales that appeared at the start of the year is continuing to slow as new figures from the Toronto Real Estate Board show 13 per cent fewer homes in the region changed hands between April and May.
CBS is champ of television season for 13th consecutive year

CBS is champ of television season for 13th consecutive year

NEW YORK (AP) — In a designation that feels a little less significant every year, CBS has finished the 2020-21 television season as the nation's most-watched television network for the 13th consecutive time. CBS averaged 6.
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 Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,971.15, down 4.86 points.) Blackberry Ltd. (TSX:BB). Technology. Up $4.33, or 31.1 per cent, to $18.25 on 37.1 million shares.
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