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S&P/TSX composite down 124 points on Canada's hot inflation report
TORONTO — Canada's main stock index ended down more than 100 points on Canadian inflation data that was higher than investors had hoped, while U.S. markets were also down. The S&P/TSX composite index was down 123.78 points at 18,674.40.
Oct 19, 2022 4:55 PM
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Competition commissioner slams Rogers, Shaw over Telus subpoenas
The Commissioner of Competition is accusing Rogers Communications Inc. and Shaw Communications Inc. of conducting a "fishing expedition" with the serving of subpoenas to Telus Corp.
Oct 19, 2022 4:33 PM
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Loblaw hikes supply chain charges for its suppliers as transportation costs rise
Loblaw Companies Ltd. is increasing how much it costs suppliers to get products on its grocery and drugstore shelves. In a letter to suppliers on Oct.
Oct 19, 2022 3:50 PM
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Soaring prices at the grocery store likely to linger into next year, watchers say
Canadians are continuing to feel the pinch at the grocery store as food prices continue to soar at the fastest rate in four decades, and one economist says there likely won't be any meaningful relief until early next year.
Oct 19, 2022 3:33 PM
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This year's harvest under possible threat of Canada's supply chain shortcomings
MONTREAL — This year's important harvest has farmers hopeful it will make up for last year's poor crop yield, yet supply chain stalls could put a further wrench in agriculture profits.
Oct 19, 2022 3:30 PM
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Consumer demand may halt declining shipping container prices, experts say
Shipping container prices continue to fall, but persistent port congestion and labour shortages could bring the decline to a halt, experts say.
Oct 19, 2022 3:15 PM
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Canada's hotter-than-expected inflation reading sets stage for another rate hike
OTTAWA — Canada's latest reading on inflation came in hotter than expected as the cost of groceries continued to climb at the fastest pace in decades, setting the stage for another sizeable interest rate hike next week.
Oct 19, 2022 2:59 PM
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CRTC giving mobile virtual network operators access to large telecoms' networks
OTTAWA — The federal telecommunications regulator says it has made decisions that it hopes will provide greater competition in the mobile wireless market.
Oct 19, 2022 2:48 PM
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Estimate puts hurricane Fiona insured damages at $660 million
Hurricane Fiona caused $660 million in insured damage, according to an initial estimate by Catastrophe Indices and Quantification Inc.
Oct 19, 2022 2:41 PM
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Newfoundland and Labrador update shows $479-million surplus, thanks in part to oil
ST. JOHN'S, N.L. — Soaring oil prices and unexpected tax windfalls have driven a sea change in Newfoundland and Labrador's financial outlook for the fiscal year, putting the province on course to post its first surplus in more than a decade.
Oct 19, 2022 1:22 PM
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