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S&P/TSX composite up 1.4 per cent, U.S. markets also rise

S&P/TSX composite up 1.4 per cent, U.S. markets also rise

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index gained almost 1.4 per cent Wednesday on broad-based gains, while U.S. markets rose further. The S&P/TSX composite index was up 264.21 points at 19,571.1.
Nova Scotia Power bond rating downgraded by credit rating agency DBRS Morningstar

Nova Scotia Power bond rating downgraded by credit rating agency DBRS Morningstar

HALIFAX — A prominent credit rating agency has downgraded the bonds of Nova Scotia's electrical utility amid the company's conflicts with the provincial government.
Wall Street gains ground, turning higher for the week

Wall Street gains ground, turning higher for the week

NEW YORK — Stocks rose on Wall Street, lifting major indexes into the green for the week as investors welcomed a report showing consumer confidence is holding up better than expected.
Should sa¹ú¼Ê´«Ã½ produce more medicine amid ongoing shortages? Trudeau isn't sure

Should sa¹ú¼Ê´«Ã½ produce more medicine amid ongoing shortages? Trudeau isn't sure

OTTAWA — As sa¹ú¼Ê´«Ã½ faces an ongoing shortage of children's medications, Prime Minister Justin Trudeau says he doesn't know if ramping up domestic production of pharmaceuticals is the right approach to addressing the problem.
Inflation rate falls slightly in November even as grocery, shelter costs rise rapidly

Inflation rate falls slightly in November even as grocery, shelter costs rise rapidly

OTTAWA — The country's annual inflation rate edged down slightly in November, but that's little relief for Canadians as grocery and shelter costs remain stubbornly high.
Food prices in sa¹ú¼Ê´«Ã½ rise at faster pace than overall inflation, 12 months in a row

Food prices in sa¹ú¼Ê´«Ã½ rise at faster pace than overall inflation, 12 months in a row

Grocery inflation in sa¹ú¼Ê´«Ã½ surged again in November as the price of basics like bread, eggs and dairy products shot up. Prices for food purchased from stores rose 11.
US home sales fell in November, the 10th consecutive month

US home sales fell in November, the 10th consecutive month

LOS ANGELES (AP) — The housing market slump deepened in November as sales of previously occupied U.S. homes slowed for the tenth consecutive month — the longest such stretch on records going back to 1999. Existing home sales fell 7.
Consumer confidence bounces back, ending year on high note

Consumer confidence bounces back, ending year on high note

WASHINGTON (AP) — The confidence of American consumers rebounded this month to end the year on a high note despite high inflation, rising interest rates that have made credit cards and mortgages more expensive, and growing anxiety about a possible re
From seed to store: A look at the rising cost of bread

From seed to store: A look at the rising cost of bread

Imagine a farmer, some seeds of grain and a Prairie field in spring.
Here's a list of November inflation rates for selected Canadian cities

Here's a list of November inflation rates for selected Canadian cities

OTTAWA — sa¹ú¼Ê´«Ã½'s annual inflation rate was 6.8 per cent in November, Statistics sa¹ú¼Ê´«Ã½ says.