October 13th, 2024

Polish Prime Minister Donald Tusk’s government wins confidence vote in parliament

By Vanessa Gera And Monika Scislowska, The Associated Press on December 12th, 2023

WARSAW, Poland (AP) – The government of new Polish Prime Minister Donald won a confidence vote in parliament on Tuesday. The vote came hours after the leader introduced his ministers and laid out his priorities in an inaugural speech. The vote, however, was delayed after a far-right lawmaker use a fire extinguisher to put out ... Read More »

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Rishi Sunak gets a respite after UK lawmakers vote in favor of the Rwanda migration bill

By Jill Lawless, The Associated Press on December 12th, 2023

LONDON (AP) – British lawmakers have voted to support the government’s plan to send some asylum-seekers on a one-way trip to Rwanda, keeping alive a policy that has angered human rights groups and cost the U.K. at least $300 million, without a single flight getting off the ground. The House of Commons voted 313-269 to ... Read More »

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After record year, unreliable weather pushes maple syrup production to five-year low

By The Canadian Press on December 12th, 2023

OTTAWA – New figures from Statistics Canada show maple syrup production hit a five-year low in Canada this year, a trend the agency blames on severe storms and changing temperatures. The numbers show Canadian maple producers harvested 47.4 million litres of syrup in 2023, down 40.1 per cent from 79.1 million litres the year before. ... Read More »

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CN resignations show firms need to take Indigenous reconciliation seriously: Experts

By The Canadian Press on December 12th, 2023

Experts say corporate Canada has some soul-searching to do in the wake of the resignation of Canadian National Railway Co.’s Indigenous advisory council. The panel of prominent Indigenous leaders appointed by CN collectively announced their resignations Monday. They said the railway has failed to acknowledge past wrongs or follow the panel’s recommendations for reconciliation. A ... Read More »

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S&P/TSX composite down as price of oil falls, U.S. stock markets higher

By The Canadian Press on December 12th, 2023

TORONTO – Canada’s main stock index was down more than 100 points in late-morning trading, led lower by losses in the energy stocks as the price of oil fell. The S&P/TSX composite index was down 122.18 points at 20,196.18. In New York, the Dow Jones industrial average was up 105.74 points at 36,510.67. The S&P ... Read More »

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Why ditching fast fashion never goes out of style, and can save money in the long run

By Nina Dragicevic, The Canadian Press on December 12th, 2023

Danielle Cosentino used to give bags of unwanted clothes to her cousin every year. While her cousin loved the free stuff, Cosentino grew tired of buying so much and wearing so little. She had become caught up in acquiring trends through fast fashion retailers only to realize she was locked in a loop of buying ... Read More »

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Stock market today: Wall Street holds steady as inflation report comes in as expected

By Associated Press, The Associated Press on December 12th, 2023

NEW YORK (AP) – Wall Street is drifting in early trading after a report showed inflation in the United States is behaving pretty much as expected. The S&P 500 edged down 0.1% Tuesday, a day after hitting a 20-month high. The Dow and the Nasdaq composite were little changed. Prices for gasoline, food and other ... Read More »

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US consumer inflation eased slightly last month as gas prices fell, though some costs kept surging

By Christopher Rugaber, The Associated Press on December 12th, 2023

WASHINGTON (AP) – U.S. inflation ticked down again last month, with cheaper gas helping further lighten the weight of consumer price increases in the United States. At the same time, the latest data on consumer inflation showed that prices in some areas – services such as rents, restaurants and auto insurance – continued to rise ... Read More »

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Tourism recovery not expected until next year, Destination Canada report finds

By The Canadian Press on December 12th, 2023

A new report from Destination Canada says the country’s tourism industry won’t fully recover until next year. The Crown corporation says the number of overnight leisure and business visits in the country will fall just short of 2019 levels by the end of 2023, while projections show it beating pre-pandemic figures by a whisker in ... Read More »

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US consumer inflation eased slightly in November as gas prices fell, though some costs kept surging

By Christopher Rugaber, The Associated Press on December 12th, 2023

WASHINGTON (AP) – U.S. inflation ticked down again last month, with cheaper gas helping further lighten the weight of consumer price increases in the United States. At the same time, the latest data on consumer inflation showed that prices in some areas – services such as restaurants, used cars and auto insurance – continued to ... Read More »

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Transat AT names Jean-François Pruneau as next chief financial officer

By The Canadian Press on December 12th, 2023

MONTREAL – Transat AT Inc. says it has named veteran Quebec executive Jean-François Pruneau as its next chief financial officer. Pruneau will start officially at the travel company on Jan. 9. He was most recently executive vice-president and chief financial officer at Starpax Biopharma. Before that, Transat says Pruneau held various roles at Canadian National ... Read More »

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