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Bank of sa¹ú¼Ê´«Ã½'s rapid rate hikes likely to cause a recession, study finds

Bank of sa¹ú¼Ê´«Ã½'s rapid rate hikes likely to cause a recession, study finds

The Bank of sa¹ú¼Ê´«Ã½'s strategy of rapidly increasing its key interest rate in an effort to tackle skyrocketing inflation will likely trigger a recession, says a new study released Tuesday
Report recommends pegging minimum wages to average incomes, graduated scale for teens

Report recommends pegging minimum wages to average incomes, graduated scale for teens

OTTAWA — A new report says sa¹ú¼Ê´«Ã½ should replace its "haphazard and unpredictable" approach to minimum wages across the country with a clear formula based on average incomes.
Alberta to intervene in proceedings on Rogers-Shaw deal

Alberta to intervene in proceedings on Rogers-Shaw deal

The attorney general of Alberta will intervene in competition tribunal proceedings regarding the $26-billion merger between Rogers Communications Inc. and Shaw Communications Inc., according to a notice filed Monday.
Saskatchewan ranchers call for investigation into retail meat pricing

Saskatchewan ranchers call for investigation into retail meat pricing

REGINA — A group of Canadian ranchers is calling for an investigation into meat pricing.
Saving for retirement is becoming out of reach for young Canadians

Saving for retirement is becoming out of reach for young Canadians

TORONTO — Twenty-four-year-old Jason Francone has always been pretty good with his money. "Coupons are my middle name; sales are in my DNA," he says. It's not just the art of bargain-hunting that he's mastered, though.
Hecla Mining signs all-stock deal for Alexco Resource

Hecla Mining signs all-stock deal for Alexco Resource

VANCOUVER — Hecla Mining Co. has signed a deal to buy the shares in Alexco Resource Corp. it does not already hold in an all-stock agreement valued at about US$74 million.
sa¹ú¼Ê´«Ã½ says China bars diplomats from Canadian tycoon trial

sa¹ú¼Ê´«Ã½ says China bars diplomats from Canadian tycoon trial

BEIJING (AP) — Chinese authorities refused to let Canadian diplomats attend the trial of a Chinese-born Canadian tycoon who disappeared from Hong Kong five years ago, sa¹ú¼Ê´«Ã½â€™s government said Tuesday.
First test production of plastic a milestone for Heartland Petrochemical Complex

First test production of plastic a milestone for Heartland Petrochemical Complex

CALGARY — The $4.3-billion Heartland Petrochemical Complex, which has been under construction northeast of Edmonton since 2018, has produced its first plastic pellets. Owner and operator Inter Pipeline Ltd.
CN strike to end early Tuesday after union agrees to binding arbitration

CN strike to end early Tuesday after union agrees to binding arbitration

MONTREAL — A two-week strike at Canadian National Railway Co. is ending after the union representing 750 signals and communications workers agreed to binding arbitration.
Auto sales down 11.5 per cent in June from a year earlier

Auto sales down 11.5 per cent in June from a year earlier

TORONTO — DesRosiers Automotive Consultants says Canadian auto sales were down 11.5 per cent in June compared with a year earlier as supply challenges persist.