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Airline unions call on Ottawa for $7 billion in loans for ailing industry
Labour leaders are calling on Ottawa to provide immediate financial aid and rapid viral testing to an airline industry devastated by the COVID-19 pandemic.
Oct 1, 2020 11:02 AM
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Toronto real estate poses bubble risk, while Vancouver homes are overvalued, UBS says
Toronto is one of seven world cities most at risk of a residential real estate bubble, according to a new report released by UBS this week. Toronto scored 1.
Oct 1, 2020 10:36 AM
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Oil and gas rival Paramount Resources says it may make a takeover bid for NuVista
CALGARY — The acquisition of a 17.6 per cent stake in Calgary oil and gas producer NuVista Energy Ltd. by rival Paramount Resources Ltd. is part of a trend toward "forced" consolidation in the troubled Canadian energy sector, analysts say.
Oct 1, 2020 10:09 AM
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Consumer spending gains slow to 1% in August
WASHINGTON — U.S. consumer spending slowed in August and personal income fell as a $600 weekly benefit for Americans who are unemployed during the pandemic expired.
Oct 1, 2020 9:32 AM
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New Ford CEO replaces CFO, pledges stronger profit margins
DETROIT — On his first day in Ford's top job, CEO Jim Farley is replacing the company's chief financial officer and announcing other structural and management changes. The company says Thursday that Chief Financial Officer Tim Stone is leaving Oct.
Oct 1, 2020 9:32 AM
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September growth for US manufacturing, fifth straight month
SILVER SPRING, Md. — U.S manufacturing grew at a slightly slower pace last month, continuing to rebound from spring's coronavirus recession.
Oct 1, 2020 9:32 AM
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Here's what do as Canada Student Loan payments resume, starting today
Before graduating with a double master’s in information and museum studies from the University of Toronto in June, Elizabeth Cytko was gearing up to apply to jobs at libraries and institutions across the country.
Oct 1, 2020 9:10 AM
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August construction spending up 1.4%, led by home building
WASHINGTON — U.S. construction spending increased 1.4% in August, led by a surge in single-family homes. The gain was double the 0.
Oct 1, 2020 8:51 AM
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'Just go online:' Quest for omnichannel retail model falls flat for some customers
HALIFAX — When Mark Butler needed a new gasket for his coffee maker, he hopped on his bike and rode to the Mountain Equipment Co-op store in Halifax. "The guy just said, 'We don't carry them,'" Butler said.
Oct 1, 2020 7:50 AM
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EU takes legal action against UK over planned Brexit bill
BRUSSELS — The European Union took legal action against Britain on Thursday over its plans to pass legislation that would breach parts of the legally binding divorce agreement the two sides reached late last year.
Oct 1, 2020 6:49 AM
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