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Rogers files challenge to Competition Bureau efforts to block its takeover of Shaw

Rogers files challenge to Competition Bureau efforts to block its takeover of Shaw

TORONTO — Rogers Communications Inc. says the Competition Bureau's opposition to its proposed takeover of Shaw Communications Inc. is not supported by the evidence.
North American stock markets give back gains as solid jobs report reinforces Fed hike

North American stock markets give back gains as solid jobs report reinforces Fed hike

TORONTO — North American stock markets gave back some of the previous day's gains after a slowing but still hot U.S. jobs report reinforced expectations that the Federal Reserve will proceed with aggressive interest rate hikes.
More job gains point to a solid economy and Fed rate hikes

More job gains point to a solid economy and Fed rate hikes

WASHINGTON (AP) — U.S. employers added 390,000 jobs in May, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and rising interest rates.
Stocks sink as Wall Street eyes downside of solid jobs data

Stocks sink as Wall Street eyes downside of solid jobs data

NEW YORK (AP) — Stocks ended another bumpy week with more losses Friday as investors considered the downside of the still-strong U.S. jobs market. The S&P 500 fell 1.6%, marking its eighth losing week in the last nine.
Slow start to seeding driving concerns about 2022 crop yields

Slow start to seeding driving concerns about 2022 crop yields

CALGARY — Seeding delays across much of the prairies are raising concerns about potentially lower crop yields in a year when Canadian farmers are under pressure to deliver a strong harvest.
Supply chain snags snarl BRP's growth, with more hurdles on the horizon

Supply chain snags snarl BRP's growth, with more hurdles on the horizon

MONTREAL — The head of BRP Inc. says supply chain woes crimped sales in its latest quarter, with more input obstacles expected on the Ski-Doo maker's path for the rest of the year.
Montreal home sales down nine per cent since last May: Quebec association

Montreal home sales down nine per cent since last May: Quebec association

MONTREAL — The Quebec Professional Association of Real Estate Brokers says a slowdown continued to take shape in Montreal last month as home sales dropped by nine per cent since last year.
May home sales down 39% from last year, prices up almost 10%: Toronto board

May home sales down 39% from last year, prices up almost 10%: Toronto board

TORONTO — The Greater Toronto Area housing market is becoming more balanced as May home sales dropped 39 per cent from a year earlier and prices rose almost 10 per cent, the Toronto Regional Real Estate Board said Friday.
Globalive goes directly to Shaw with its $3.75 billion bid for Freedom Mobile

Globalive goes directly to Shaw with its $3.75 billion bid for Freedom Mobile

TORONTO — Globalive Capital says it has gone straight to Shaw Communications Inc. with its $3.75 billion offer for wireless carrier Freedom Mobile due to a lack of engagement from Rogers Communications Inc.
Ottawa spending $55 million to connect rural N.B. communities to high-speed internet

Ottawa spending $55 million to connect rural N.B. communities to high-speed internet

FREDERICTON — The federal government said Friday it will invest $55 million to expand high-speed internet in several rural, remote and Indigenous communities in New Brunswick.
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