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What slowdown? Economy continues to outperform, raising odds of rate hike next week

What slowdown? Economy continues to outperform, raising odds of rate hike next week

OTTAWA — The Canadian economy grew faster than expected in the first three months of the year and likely expanded again in April, fuelling speculation that the Bank of Canada will raise interest rates again when it meets next week.
'Poison in every puff': Canada reveals warning labels on individual cigarettes

'Poison in every puff': Canada reveals warning labels on individual cigarettes

Health Canada's new regulations that require warning labels to be printed on individual cigarettes are set to come into effect this summer.
Equinor postponing Bay du Nord oil project off Newfoundland for up to three years

Equinor postponing Bay du Nord oil project off Newfoundland for up to three years

ST. JOHN'S, N.L. — Equinor is pausing its plans to develop a controversial $16-billion oil project off Newfoundland’s east coast.
Meta starts testing paid verification for Canadian Facebook, Instagram creators

Meta starts testing paid verification for Canadian Facebook, Instagram creators

TORONTO — Meta Platforms Inc. has begun allowing "up-and-coming creators" in Canada to pay to be verified on Facebook and Instagram. The social media company says in a release that the pay-for-verification program is called Meta Verified.
Canada saw decline in fresh fruit, vegetable availability in 2022: StatCan

Canada saw decline in fresh fruit, vegetable availability in 2022: StatCan

Statistics Canada says fewer fresh fruits and vegetables were available to Canadians in 2022, due to factors such as ongoing supply chain issues, labour shortages and price increases.
Total Canadian debt hit new record in first quarter: TransUnion

Total Canadian debt hit new record in first quarter: TransUnion

TORONTO — Canadians' combined outstanding debt hit a new record in the first quarter, reaching $2.32 trillion, TransUnion said Wednesday.
Superior Plus to sell eight distribution hubs in agreement with Competition Bureau

Superior Plus to sell eight distribution hubs in agreement with Competition Bureau

CALGARY — Superior Plus Corp. has agreed to sell eight propane distribution hubs in northern Ontario to address the concerns of the Competition Bureau about its deal to buy Certarus Ltd.
S&P/TSX composite down more than 200 points in broad-based decline

S&P/TSX composite down more than 200 points in broad-based decline

TORONTO — Canada's main stock index was down more than 200 points in late-morning trading in a broad-based decline led by losses in the base metal, energy and industrial sectors. The S&P/TSX composite index was down 207.60 points at 19,532.10.
Selwyn Crittendon named new chief executive at Ikea Canada

Selwyn Crittendon named new chief executive at Ikea Canada

TORONTO — Furniture retailer Ikea has announced the appointment of Selwyn Crittendon as the new Ikea Canada chief executive and chief sustainability officer effective Aug. 1.
US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy

US job openings hit 10.1 million and labor market still strong despite Fed efforts to cool economy

WASHINGTON (AP) — U.S. job openings rose unexpectedly in April, illustrating the resilience of the American labor market and complicating Federal Reserve efforts to fight inflation. Employers posted 10.1 million job openings last month, up from 9.