July 26th, 2024

Business

Lululemon pauses sales of Breezethrough after consumers say line is ‘unflattering’

By The Canadian Press on July 26th, 2024

VANCOUVER – Lululemon Athletica Inc. says it is pausing sales of one of its new product lines that have generated complaints from consumers. The line of tights and other activewear being halted by the Vancouver-based apparel company is called Breezethrough. Many of the pieces in the line featured a long V-shaped waistband in the front ... Read More »

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‘Time is running out’: Experts call on Ottawa to increase efforts with U.S. on trade

By Kelly Geraldine Malone, The Canadian Press on July 26th, 2024

WASHINGTON – A group of experts is sounding the alarm that Ottawa needs to swiftly make more inroads with Americans, or Canada will be deeply disadvantaged in a looming review of a crucial trade agreement. “Time is running out very rapidly for us,” said Perrin Beatty, co-chair of the Expert Group on Canada-U.S. Relations. The ... Read More »

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Scotiabank says technical issues disrupting salary payments is fixed

By The Canadian Press on July 26th, 2024

TORONTO – Scotiabank says it has fixed an issue that caused some account holders not to receive their pay and other deposits Friday. Customers had taken to social media to complain about the issue, noting it came on a payday near the end of the month when many bills come due. The bank says in ... Read More »

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Scotiabank say technical issues disrupting salary payments is fixed

By The Canadian Press on July 26th, 2024

TORONTO – Scotiabank says it has fixed an issue that caused some account holders not to receive their pay and other deposits Friday. Customers had taken to social media to complain about the issue, noting it came on a payday near the end of the month when many bills come due. The bank says in ... Read More »

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CN Rail resumes shipments through Jasper

By Amanda Stephenson, The Canadian Press on July 26th, 2024

Canadian National Railway Co. says it has restarted rail shipments through Jasper National Park. Canada’s largest railroad operator suspended operations in the Jasper area Wednesday afternoon as wildfires raged through the Alberta park and destroyed structures in the townsite. The halt had Canadian ports prepared for a slowdown in the movement of goods, as Jasper ... Read More »

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‘Deadpool & Wolverine’ is already breaking box office records, with more possible soon

By Lindsey Bahr, The Associated Press on July 26th, 2024

” Deadpool & Wolverine “ has gotten off to a supercharged start at the box office, breaking the Thursday preview record for an R-rated movie. The comic-book film sold an estimated $38.5 million worth of movie tickets from preview screenings Thursday, Disney said Friday. The previous R-rated record-holder was “Deadpool 2,” released by Fox’s 20th ... Read More »

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Jasper fires disrupt rail service, delays expected at Port of Vancouver

By The Canadian Press on July 26th, 2024

The wildfires raging in Jasper National Park are expected to have an impact on Canada’s supply chain. Port of Vancouver spokesman Alex Munro says the port expects to see delays in the movement of goods in the coming days due to the situation in Jasper. The country’s largest rail company, Canadian National Railway Co., suspended ... Read More »

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Nova Scotia generated $144M surplus last fiscal year; budget predicted $279M deficit

By The Canadian Press on July 26th, 2024

HALIFAX – Nova Scotia generated $422.5 million more in revenue last fiscal year compared to what was originally estimated in the budget. In the fiscal year ending March 31, 2024, the province earned a surplus of $143.6 million, when the government had predicted the year would end in a deficit of $278.9 million. The province’s ... Read More »

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S&P/TSX composite index up over 100 points Friday morning, U.S. markets also rise

By The Canadian Press on July 26th, 2024

TORONTO – Gains in the industrial and financial sectors led Canada’s main stock index higher in late-morning trading on Friday, while U.S. stock markets also rose. The S&P/TSX composite index was up 126.79 points at 22,734.82. In New York, the Dow Jones industrial average was up 593.17 points at 40,528.24. The S&P 500 index was ... Read More »

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Scotiabank technical issues disrupting salary payments

By The Canadian Press on July 26th, 2024

TORONTO – Scotiabank says some account holders aren’t receiving direct deposits and cheque deposits that include salary payments. Customers have taken to social media to complain about the issue, noting it comes on a payday near the end of the month when many bills come due. The bank says in a statement that it is ... Read More »

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Federal government posts $3.9B deficit in April, May

By The Canadian Press on July 26th, 2024

OTTAWA – The federal government posted a $3.9 billion deficit in the first two months of the fiscal year. The result for the April-to-May period compared to a $1.5 billion surplus for the same stretch last year. Revenues increased $6.5 billion, or 8.9 per cent, largely due to higher tax revenues. The Finance Department says ... Read More »

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