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MONTREAL — As Gildan Activewear Inc. gears up for its 40th anniversary, the Montreal-based company is ready to put a recent leadership battle in the rearview mirror.

TORONTO — When Dani Reiss took over his family's business, sa¹ú¼Ê´«Ã½ Goose Holdings Inc., in 2001, it had a reputation for clothing made for those needing to brave the coldest of colds.

Workers in industries that experience typical slow periods during the year might be faced with a seasonal layoff from their employer. But experts say workers should know the risks before signing up to be laid off temporarily.

TORONTO — Thomson Reuters says its earnings slipped in the second quarter while revenue rose and it edged up its revenue outlook. The media giant says it had earnings of US$841 million in its second quarter, down from US$894 million last year.

The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains surprisingly healthy in an era of high interest rates.

LONDON (AP) — The Bank of England has cut interest rates for the first time since the onset of the COVID-19 pandemic in early 2020 as inflationary pressures in the economy have eased.

TORONTO — A coalition of Ontario developers has written to three levels of government to ask for a reduction in taxes on new housing, saying it will pass on those savings dollar for dollar to homebuyers.

MONTREAL — Lion Electric Co. says it is laying off hundreds more workers as part of a plan to staunch its financial losses. The announcement sent the electric bus company's shares into a tailspin, leaving them a penny stock by day's end.

VANCOUVER — The chair of the British Columbia Securities Commission is calling on the federal government to change legislation to protect investors after the Supreme Court of sa¹ú¼Ê´«Ã½ ruled fines issued by regulators can be wiped out by bankruptcy.

VANCOUVER — The chair of sa¹ú¼Ê´«Ã½'s Transportation Safety Board says it was luck rather than preparedness that helped in putting out a fire on a cargo ship off Vancouver Island's coast in October 2021.