Canada’s inflation rate rises to 3%, highest level since 2011

The inflation rate rose in every province in July, according to Statistics Canada. (Yuya Shino/Reuters) Canada’s inflation rate rose to…

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Credit card firms to trim merchant fees, but retailers group ‘underwhelmed’

The federal government says credit card companies have agreed to trim the fees they charge the country’s businesses by 10…

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Canadian Tire shares slide as Q2 profit falls, revenue below analyst estimates

Canadian Tire Corp.’s second-quarter profit was down compared with last year and and its revenue growth came in below analyst…

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Facebook forecast for slowing growth, rising expenses sends stock down

Facebook Inc. on Wednesday warned of slowing revenue growth in the second half and said that expenses would grow faster…

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Ivanka Trump to close down fashion line that bears her name

Ivanka Trump is shuttering her eponymous fashion brand. The daughter of U.S. President Donald Trump has decided to pull the plug…

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‘This is madness’: Auto industry warns U.S. lawmakers of dire tariff consequences

The world’s automotive industry gathered in Washington with uncharacteristic unity, to deliver a singular message to American policymakers: If you start…

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U.S. launches tariff challenge at WTO against Canada, Mexico, Turkey, China and EU

The United States has launched five separate complaints at the World Trade Organization against Canada, China, the European Union, Mexico…

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Getting out of credit card debt as the cost of borrowing rises

The Bank of Canada’s latest rate increase has raised the cost of borrowing as well as the importance of paying…

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Alberta’s energy regulator ignoring own rules on tailings ponds: critics

Alvaro Pinto wants Alberta’s energy regulator to follow its own oilsands rules. The director of sustainability for the Fort McKay…

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