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National Business
National employment numbers for April from Statistics Canada, at a glance
OTTAWA — A quick look at Canada's April employment (numbers from the previous month in brackets): Unemployment rate: 6.1 per cent (6.1) Employment rate: 61.4 per cent (61.4) Participation rate: 65.4 per cent (65.
May 10, 2024 7:05 AM
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Transat says it expects to fall short of financial guidance for 2024
MONTREAL — Travel company Transat A.T. Inc. says it expects to fall short of its financial guidance for the year.
May 10, 2024 6:25 AM
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Algonquin Power & Utilities names Chris Huskilson as CEO, reports Q1 loss
OAKVILLE, Ont. — Algonquin Power & Utilities Corp. named Chris Huskilson as its chief executive as it reported a loss in its latest quarter. Huskilson has been interim CEO since August 2023. The power utility, which keeps its books in U.S.
May 10, 2024 6:20 AM
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Crescent Point reports Q1 loss due to non-cash impairment charge
CALGARY — Crescent Point Energy Corp. reported a loss of in its latest quarter as it was hit by a non-cash impairment charge related to assets in Saskatchewan it is selling. The oil and gas producer says it lost $411.
May 10, 2024 6:19 AM
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Canfor to close sawmill, curtail pulp production citing B.C. policy changes
VANCOUVER — Canfor has announced it is permanently closing its Polar sawmill in Bear Lake, B.C., shutting a production line at its Northwood Pulp Mill in Prince George, and suspending its "planned reinvestment" in Houston, B.C.
May 9, 2024 6:49 PM
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Committee calls for B.C. taxi, ride-hailing industry to improve disabled access
VICTORIA — A B.C. legislature committee looking into taxi and ride-hailing services has issued recommendations, including measures to improve accessibility for people with disabilities and services in small and rural communities.
May 9, 2024 4:05 PM
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Alberta Utilities Commission fines another unlicensed power generator mining bitcoin
EDMONTON — The Alberta Utilities Commission has fined another company for operating an electricity generator without a licence — using the power, like other offenders, to operate bitcoin mines.
May 9, 2024 3:54 PM
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Tourism workers union questions New Brunswick minister's European trip
FREDERICTON — The union representing staff in New Brunswick's Tourism Department says money spent by the tourism minister and her deputy on a European trip could have helped stave off staffing cuts at popular attractions in the province.
May 9, 2024 3:41 PM
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Sun Life reports first-quarter net income of $875 million
TORONTO — Sun Life Financial Inc. says it had a net income of $875 million in its first quarter, a two per cent decline from last year. The insurer says profits were affected by its U.S.
May 9, 2024 3:33 PM
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Cineplex is betting on arcades as industry box office sales sag
The head of Cineplex Inc. is doubling down on video arcades as he looks to top up revenues amid the unsteady return of audiences to theatres. Box office revenue at the country's largest cinema owner rose one per cent year over year to $125.
May 9, 2024 3:32 PM
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