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Major Canadian grocers won't confirm discounts, price freezes feds promised last week
OTTAWA — Major grocers in Canada are not yet confirming whether they have committed to special promotions to stabilize grocery prices, as was recently promised by the federal government.
Oct 11, 2023 12:28 PM
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Birkenstock stumbles on Wall Street as traders find sandal maker's shares too pricey
NEW YORK (AP) — Birkenstock shares are stumbling in their debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
Oct 11, 2023 12:17 PM
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CRTC sides with Bell in arbitration proceeding with Quebecor over MVNO data rates
OTTAWA — Canada's telecommunications regulator has sided with BCE Inc. in a final offer arbitration proceeding between that company and Quebecor Inc. over wholesale mobile virtual network operator (MVNO) data rates.
Oct 11, 2023 11:00 AM
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Exxon Mobil doubles down on fossil fuels with $59.5 billion deal for Pioneer Natural as prices surge
Exxon Mobil is buying Pioneer Natural Resources in an all-stock deal valued at $59.5 billion, its largest buyout since acquiring Mobil two decades ago, creating a colossal fracking operator in West Texas.
Oct 11, 2023 10:34 AM
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Statistics Canada reports value of building permits up 3.4% in August
OTTAWA — Statistics Canada says the total monthly value of building permits in Canada rose 3.4 per cent in August to $11.9 billion, as gains in the non-residential sector offset modest declines in residential construction plans.
Oct 11, 2023 8:12 AM
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Wholesale inflation in US rises 2.2% in September, biggest year-over-year gain since April
WASHINGTON (AP) — U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates.
Oct 11, 2023 7:22 AM
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Velan CEO Bruno Carbonaro resigns, board chair James Mannebach named interim CEO
MONTREAL — Velan Inc. says Bruno Carbonaro has resigned as chief executive and a director of the company. The maker of industrial valves says board chair James Mannebach has been named interim CEO.
Oct 11, 2023 6:44 AM
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MTY Food Group reports third-quarter profit and revenue up from year ago
MONTREAL — MTY Food Group Inc. reported its third-quarter profit rose compared with a year ago as its revenue gained 74 per cent. The restaurant company says its net income attributable to owners totalled $38.9 million or $1.
Oct 11, 2023 6:12 AM
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Unifor ends strike less than 24 hour in after reaching tentative deal with GM
TORONTO — Unifor put a short-lived strike on hold Tuesday after General Motors agreed to a tentative contract that mirrors the one the union reached with Ford Motor Co. about two weeks ago.
Oct 10, 2023 5:54 PM
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Independent grocers call for milk price pause amid pressure to keep food costs down
TORONTO — The Canadian Federation of Independent Grocers is calling on the Crown corporation that manages dairy supply and pricing to hit pause on any further increases to milk prices amid political pressure to keep food prices down.
Oct 10, 2023 5:16 PM
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