September 18th, 2021

Business

Here’s a list of August inflation rates for selected Canadian cities

By The Canadian Press on September 15th, 2021

OTTAWA – Canada’s national annual inflation rate was 4.1 per cent in August, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets): – St. John’s, N.L.: 4.3 per cent (4.0) – Charlottetown-Summerside: 6.2 ... Read More »

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Here’s a list August inflation rates for Canadian provinces

By The Canadian Press on September 15th, 2021

OTTAWA – Canada’s national annual inflation rate was 4.1 per cent in August, Statistics Canada says. Here’s what happened in the provinces (previous month in brackets): – Newfoundland and Labrador: 4.8 per cent (4.4) – Prince Edward Island: 6.3 per cent (6.1) – Nova Scotia: 5.1 per cent (4.6) – New Brunswick: 4.7 per cent ... Read More »

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Inflation rate rises to 4.1 per cent in August, highest since 2003, StatCan says

By The Canadian Press on September 15th, 2021

OTTAWA – Statistics Canada says the consumer price index in August rose 4.1 per cent compared with a year ago, the largest year-over-year inflation increase since March 2003. The jump compared with a gain of 3.7 per cent in July. Fuelling much of the rise was higher gasoline and housing prices compared with the same ... Read More »

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Zimbabwe’s older people often sent to homes amid pandemic

By Farai Mutsaka, The Associated Press on September 15th, 2021

HARARE, Zimbabwe (AP) – Banana bread was served at a recent birthday party at Melfort Old People’s home, where a group of residents mustered a raspy happy birthday tune. Just a week after arriving at the facility, Rodrick Bhatare, in his 90s, said he felt a bittersweet moment at the celebration for a 103-year-old fellow ... Read More »

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Statistics Canada set to report August inflation figures

By The Canadian Press on September 15th, 2021

OTTAWA – Statistics Canada will say this morning what reading the consumer price index registered for August. The country’s headline inflation barometer clocked in at 3.7 per cent in July, which was the highest year-over-year increase since May 2011 as price growth accelerated from June. Part of the elevated inflation reading for July was because ... Read More »

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Most actively traded companies on the Toronto Stock Exchange

By The Canadian Press on September 14th, 2021

TORONTO – Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,553.25, down 113.16 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 47 cents, or 1.95 per cent, to $23.58 on 15.4 million shares. Canadian Natural Resources (TSX:CNQ). Energy. Down 73 cents, or 1.66 per cent, to $43.16 on ... Read More »

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DavidsTea founder retires, replaced by wife who was former CEO of Le Château

By The Canadian Press on September 14th, 2021

MONTREAL – DavidsTea Inc. is keeping the company’s leadership within the family as its co-founder retires from the company’s board of directors and is replaced by his wife, the former CEO of insolvent clothing retailer Le Château. The Montreal-based beverage company, which itself completed creditor proceedings, says principal investor Herschel Segal stepped down and was ... Read More »

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North American stock markets fall despite weaker August inflation numbers

By Ross Marowits, The Canadian Press on September 14th, 2021

TORONTO – North American stock markets fell Tuesday even though weaker U.S. inflation numbers could delay Federal Reserve action to taper stimulus. Craig Jerusalim, portfolio manager at CIBC Asset Management, said markets were “taking a breather” with no obvious catalyst to drive them higher. “When you have elevated valuations, markets often need good news to ... Read More »

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Judge declares mistrial at trial of Backpage.com founders

By Jacques Billeaud, The Associated Press on September 14th, 2021

PHOENIX (AP) – A judge declared a mistrial Tuesday at the trial of the founders of the lucrative classified site Backpage.com on charges of facilitating prostitution and laundering money after deciding prosecutors had too many references to child sex trafficking in a case where no one faced such a charge. Michael Lacey and James Larkin ... Read More »

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Bombardier updates mid-sized business jet with launch of Challenger 3500

By The Canadian Press on September 14th, 2021

MONTREAL – Bombardier Inc. has launched an updated Challenger 350 mid-sized business jet, giving wealthy buyers who are increasingly seeking private flights during the pandemic a redesigned interior and environmental features of its larger Global 7500 aircraft. The renamed Challenger 3500 will have Nuage seats and fly at lower cabin altitude. It will also have ... Read More »

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