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Canada's merchandise trade deficit increases sharply to $3.2B in June: StatCan

Canada's merchandise trade deficit increases sharply to $3.2B in June: StatCan

Canada's trade deficit rebounded sharply in June as the movement of motor vehicles and parts revved up with a resumption of production after months of COVID-19 lockdowns.
Stingray CEO expects rapid growth as COVID's impact fades, new services unfold

Stingray CEO expects rapid growth as COVID's impact fades, new services unfold

Stingray Group Inc. management is optimistic that its global media business will be able to resume rapid growth as the impact of the COVID-19 pandemic fades and new services come out in Canada, the United States and further abroad.
Brookfield Infrastructure swings to loss amid currency headwinds in Brazil

Brookfield Infrastructure swings to loss amid currency headwinds in Brazil

TORONTO — Brookfield Infrastructure lost money to Brazilian exchange rates during the most recent quarter, but executives expressed optimism in 5G tower expansions, government investments in infrastructure, and previous experience seeing projects thr
Vancouver home sales jump to 3,128 in July while prices rise amid lower supply

Vancouver home sales jump to 3,128 in July while prices rise amid lower supply

VANCOUVER — The Real Estate Board of Greater Vancouver says home sales and prices rose in July as more homebuyers took advantage of low interest rates to boost activity.
CN, CP ship record grain volumes in 2019-2020 despite blockades and COVID-19

CN, CP ship record grain volumes in 2019-2020 despite blockades and COVID-19

Canada's two major railways shipped record amounts of grain over the past crop year despite a gauntlet of obstacles. Canadian National Railway Co.
Treasury ramps up auctions as borrowing, virus surges

Treasury ramps up auctions as borrowing, virus surges

WASHINGTON — The Treasury Department will ramp up the size of the bonds and other securities it auctions across-the-board in the face of the unprecedented borrowing needs of the the U.S. government as cases of COVID-19 surge in parts of the country.
US trade deficit drops in June on record rise in exports

US trade deficit drops in June on record rise in exports

WASHINGTON — The U.S. trade deficit fell in June for the first time since February as exports posted a record increase, rising twice as fast as imports.
Norbord beats expectations with US$18M profit in Q2 despite lower sales

Norbord beats expectations with US$18M profit in Q2 despite lower sales

TORONTO — Norbord Inc. beat expectations as it swung to an US$18-million profit in the second quarter despite a six-per-cent drop in revenues. The Toronto-based forest products company, which reports in U.S.
Bausch to pay $94 million plus costs to resolve Canadian securities class action

Bausch to pay $94 million plus costs to resolve Canadian securities class action

LAVAL, Que. — Bausch Health Companies Inc. says it is ending significant legal matters from the Valeant era by agreeing to pay $94 million plus administration costs to resolve a Canadian securities class action.
Thomson Reuters core profit increases in Q2 despite dip in revenues

Thomson Reuters core profit increases in Q2 despite dip in revenues

TORONTO — Thomson Reuters says its core earnings increased to US$221 million in the second quarter despite a small decrease in overall revenues. The Toronto-based company, which reports in U.S.