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North American markets surge as new data shows inflation may have already peaked

North American markets surge as new data shows inflation may have already peaked

sa¹ú¼Ê´«Ã½'s main stock index made triple-digit gains Wednesday while U.S. markets also surged on the release of new data suggesting U.S. inflation may have finally peaked. The latest Consumer Price Index report from the U.S.
Complaints backlog mounts as airline regulator faces staff shortage

Complaints backlog mounts as airline regulator faces staff shortage

MONTREAL — sa¹ú¼Ê´«Ã½'s transport regulator says its backlog of air passenger complaints is growing as a staff shortage comes up against a summer of airport chaos — itself due in part to labour shortages.
OCS to resume cannabis deliveries after cyberattack on logistics partner

OCS to resume cannabis deliveries after cyberattack on logistics partner

TORONTO — The Ontario Cannabis Store says its distribution centre is resuming some service after a cyberattack on one of its logistics partners caused the provincial pot wholesaler to halt deliveries this week.
Linamar reports sales up on market share, pricing, while income dips to $105M

Linamar reports sales up on market share, pricing, while income dips to $105M

GUELPH, Ont. — Linamar Corp. says sales climbed in its last quarter on increased market share and higher pricing while profits saw a modest dip in part on higher input costs.
CAE Inc. lowers forecast as profits plunge, but backlog grows

CAE Inc. lowers forecast as profits plunge, but backlog grows

MONTREAL — CAE Inc. reined in its earnings forecast for the year after reporting a 96 per cent year-over-year profit decrease last quarter due to supply chain problems and writedowns on a pair of pricey defence projects.
Mining company says Nova Scotia approves bid to raise tailings dam at Gold mine

Mining company says Nova Scotia approves bid to raise tailings dam at Gold mine

HALIFAX — Nova Scotia’s Environment Department has approved an application from the owners of the Touquoy gold mine to raise the height of the wall of its existing tailings waste pond.
Lower prices offer Americans slight reprieve from inflation

Lower prices offer Americans slight reprieve from inflation

WASHINGTON (AP) — Falling prices for gas, airline tickets and clothes gave Americans a little bit of relief last month, though overall inflation is still running at close to its highest level in four decades . Consumer prices jumped 8.
Trans Mountain names Dawn Farrell new CEO and president

Trans Mountain names Dawn Farrell new CEO and president

CALGARY — Trans Mountain Corp. says Dawn Farrell will become its new president and chief executive next week. The pipeline operator says Farrell has more than 35 years of experience in the energy business, where she has held senior level positions.
Unifor members elect Lana Payne as new president

Unifor members elect Lana Payne as new president

TORONTO — Unifor says Lana Payne has been elected as the new president of sa¹ú¼Ê´«Ã½'s largest private sector union, the first woman to hold the position.
Metro faces ongoing worker shortage, higher overtime pay to keep grocery stores open

Metro faces ongoing worker shortage, higher overtime pay to keep grocery stores open

Workers at Metro Inc. are putting in overtime to keep stores open as the company grapples with an ongoing labour crunch, the Montreal-based grocery and drugstore retailer said Wednesday.