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Gold prices on track for their lowest finish in a week
Gold traded sharply lower on Thursday, with strength in the U.S. dollar contributing to weakness in prices of the precious metal just two days after it marked a fresh record high.
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B.C. developer, director fined $99K for causing ‘consumer harm’
A Surrey, B.C.-based property developer and its director have been ordered to pay nearly $100,000 by the province's real estate regulator for causing "consumer harm."The B.C. Financial Services Authority (BCFSA) said Halcyon Point…
Bronfman boosts last-minute offer for National Amusements and Paramount,
In the latest twist for the media-industry merger drama that refuses to end, Edgar Bronfman Jr. has upped his offer to media heiress Shari Redstone’s National Amusements and a piece of Paramount Global — just before a key deadline for…
How a rail stoppage could affect freight, farming, french fries and more
For the first time, Canada's two main railway companies, Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC), are on the verge of a simultaneous labour stoppage.The companies say they will start locking out workers in…
Keysight shares rally on forecast as executives point to ‘stable’ backdrop
Keysight Technologies shares rallied after hours on Tuesday after the tech-services provider offered a fiscal fourth-quarter forecast that came in above Wall Street’s expectations.
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Canada’s inflation rate dips to 2.5% in July, lowest since March 2021
Canada's annual inflation rate dropped to 2.5 per cent in July — down from 2.7 per cent in June, Statistics Canada said Tuesday.The national statistics agency said inflation increased at the slowest pace in more than three years, since …
Harris and Trump are already having an impact on your bitcoin and other
Cryptocurrencies could see their most transformative period yet after the U.S. presidential election.
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U.S. military announces $20M US grant to build cobalt refinery in Ontario
The U.S. military has made its largest move so far in a novel national-security effort to fund mining initiatives in Canada. The Pentagon on Tuesday announced a $20 million US grant to create a cobalt refinery in northern Ontario's…
Here’s how U.S. stocks historically perform around the Fed’s Jackson Hole
U.S. stocks historically rise around the Federal Reserve’s annual Jackson Hole Economic Policy Symposium — a gathering this week that will be closely watched by investors on Friday, when Fed Chair Jerome Powell is scheduled to give a…
How Canada reached the brink of an unprecedented railway stoppage
Canadian National Railway, one of Canada's two main rail companies, formally notified the Teamsters union in Canada on Sunday that it would start locking out union workers early on Thursday."Unless there is an immediate and definite…