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Consumers overestimating how low, and how fast, interest rates will fall: economists
TORONTO — With interest rates likely at or near their peak in Canada, experts say consumers shouldn’t expect rates to return to pre-pandemic levels.
Oct 27, 2023 11:02 AM
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Stornoway Diamonds to lay off 425 workers as operations halt at Quebec mine
MONTREAL — Stornoway Diamonds Inc. says it is suspending operations at its Renard mine in northern Quebec.
Oct 27, 2023 10:51 AM
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Daughter Ivanka Trump must testify at Donald Trump's civil fraud trial, New York judge rules
NEW YORK (AP) — Ivanka Trump must take the witness stand in the civil fraud case against her father, her brothers and their family business, a judge ruled Friday.
Oct 27, 2023 9:31 AM
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Federal government posts $4.3 billion deficit between April and August this year
OTTAWA — The federal government posted a budgetary deficit of $4.3 billion from April to August. In its monthly fiscal monitor, the Finance Department says this compares to a surplus of $3.9 billion during the same period of the 2022-23 fiscal year.
Oct 27, 2023 9:13 AM
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Sleep Country to give Silk & Snow acquisition first brick-and-mortar presence
TORONTO — Sleep Country Canada Holdings Inc. will give one of its newest acquisitions its first ever brick-and-mortar store next month.
Oct 27, 2023 8:55 AM
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Corus Entertainment encouraged by CRTC's signal of potential CanCon spending relief
TORONTO — A potential move by Canada's telecommunications regulator to ease some Canadian content spending requirements for Corus Entertainment Inc.
Oct 27, 2023 8:52 AM
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US consumers keep spending briskly even in the face of persistent inflation and high interest rates
WASHINGTON (AP) — An inflation gauge that is closely monitored by the Federal Reserve showed price increases remained elevated in September amid brisk consumer spending and strong economic growth .
Oct 27, 2023 8:23 AM
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Gas and power utility Fortis reports $394M Q3 profit, up from $326M a year earlier
ST. JOHN'S, N.L. — Fortis Inc. reported a third-quarter profit of $394 million, up from $326 million a year earlier. The gas and power utility says the profit amounted to 81 cents per diluted share for the quarter ended Sept.
Oct 27, 2023 6:04 AM
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Canadian ranchers brace for long, lean winter after droughts, soaring feed costs
CALGARY — It could be a long, lean winter in cattle country as drought-ravaged western Canadian ranchers struggle to secure feed to get their livestock through the cold months.
Oct 27, 2023 2:00 AM
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Former Premier Li Keqiang, China’s top economic official for a decade, dies at 68
BEIJING (AP) — Former Premier Li Keqiang , China’s top economic official for a decade, died Friday of a heart attack. He was 68. Li was China’s No.
Oct 27, 2023 1:40 AM
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