August 20th, 2017

Business

Statistics Canada says manufacturing sales fell 1.8 per cent in June

By The Canadian Press on August 17th, 2017

OTTAWA – Statistics Canada says manufacturing sales fell in June, following three consecutive months of gains. The federal agency says manufacturing sales slipped 1.8 per cent to $53.9 billion in June. The drop came due to lower sales in the petroleum and coal product, transportation equipment and chemical industries. Sales fell in 15 of 21 ... Read More »

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US weekly requests for jobless aid down 12,000 to 232,000

By The Associated Press on August 17th, 2017

WASHINGTON – Fewer Americans applied for jobless aid last week, as the number of people seeking benefits remained close to historic lows. The Labor Department says that weekly unemployment applications fell by 12,000 to a seasonally-adjusted 244,000. It was the largest decline since mid-July. The less volatile four-week average slipped 500 to 240,500. Applications closely ... Read More »

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China warns Washington against ‘trade war’

By The Associated Press on August 17th, 2017

BEIJING – China’s government on Thursday warned “there is no winner in a trade war” after an aide to President Donald Trump called in published comments for a tougher stance toward Beijing. A foreign ministry spokeswoman, Hua Chunying, appealed for dialogue to preserve stable relations when asked about the comments by Trump’s chief strategist, Steve ... Read More »

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Trump increasingly isolated as business panels dismantled

By Julie Bykowicz And Jonathan Lemire, The Associated Press on August 17th, 2017

WASHINGTON – President Donald Trump has abruptly dismantled two of his White House business councils_an apparent attempt to manage his increasing isolation and the continued fallout from his combative comments on racially charged violence in Charlottesville, Virginia. With corporate chieftains fleeing, Trump took to Twitter to explain the exodus on his own terms. “Rather than ... Read More »

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Jobs, supply chain, growth: Why autos are such an important part of NAFTA

By Mary Gazze, The Canadian Press on August 17th, 2017

TORONTO – The future of Canada’s more than one million automotive jobs has emerged as a critical part of what’s at stake at the NAFTA renegotiation table in Washington after the U.S. chief negotiator targeted the sector on the first day of talks Wednesday. U.S. Trade Rep. Robert Lighthizer opened discussions between the three countries ... Read More »

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Trump isolation growing as business panels dismantled

By Julie Bykowicz And Jonathan Lemire, The Associated Press on August 17th, 2017

NEW YORK – With corporate chieftains fleeing, President Donald Trump abruptly dismantled two of his White House business councils Wednesday – an attempt to manage his increasing isolation and the continued fallout from his combative comments on racially charged violence in Charlottesville, Virginia. Trump announced the action via tweet, although only after one of the ... Read More »

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New tower fuels concerns over changing face of San Francisco

By Linda Wang, The Associated Press on August 16th, 2017

SAN FRANCISCO – More than 60 stories above the ground, construction workers climb makeshift stairs and cross narrow steel planks to put the finishing touches on Salesforce Tower, now San Francisco’s tallest building. The $1.1 billion skyscraper has already changed the city’s skyline, dwarfing old favourites like Coit Tower and the Transamerica Pyramid. Unlike in ... Read More »

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Some of what was said Wednesday as three-way NAFTA talks got underway

By The Canadian Press on August 16th, 2017

WASHINGTON – Some quotes from Day 1 of the NAFTA renegotiation talks: “Our approach stems from one essential insight, we pursue trade, free and fair, knowing it is not a zero-sum game.” – Foreign Affairs Minister Chrystia Freeland. — “Trade is about people, it’s about creating the best possible conditions for jobs, for growth and ... Read More »

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Train or fire? Bosses grapple with how to handle off-hours transgressions

By Cassandra Szklarski, The Canadian Press on August 16th, 2017

TORONTO – It didn’t take long for social media to reveal the identities of some of the participants of a racially charged protest in Charlottesville, Va., last weekend. But it wasn’t just individuals who were outed by outraged critics – it was companies, brands and even suspected employers of individual protesters who were suddenly put ... Read More »

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Agricultural leaders demand delicate touch to any potential NAFTA changes

By Andy Blatchford, The Canadian Press on August 16th, 2017

OTTAWA – Major agricultural federations are urging NAFTA’s negotiators to skip the continent’s farms and ranches if they’re looking for sectors in need of a makeover. The demand Wednesday for a “do no harm” approach to agricultural provisions in the deal was part of a joint message from leaders representing the industries in Canada, Mexico ... Read More »

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