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Industry minister suggests Competition Bureau look at digital wallets

Industry minister suggests Competition Bureau look at digital wallets

OTTAWA — Industry Minister François-Philippe Champagne says the issue of competition in the big tech-dominated digital wallet market should be on the Competition Bureau's radar.
Canadian politicians call for calming of rhetoric following Trump rally violence

Canadian politicians call for calming of rhetoric following Trump rally violence

OTTAWA — Canadian politicians on opposite ends of the ideological spectrum stressed a need Monday to avoid inflaming discussion to the point of inciting violence against public figures. An attempted assassination of former U.S.
July carbon rebates sent Monday with banks forced to use government's label

July carbon rebates sent Monday with banks forced to use government's label

OTTAWA — The second instalment of this year's national carbon-price rebate was deposited or mailed out to millions of households Monday.
North American stock markets extend rally as investors bet on Trump

North American stock markets extend rally as investors bet on Trump

North American stock markets continued their winning streak Monday, as investors' growing confidence that former U.S. President Donald Trump may be heading back to the White House translated to fresh gains. The S&P/TSX composite index was up 78.
Ontario further speeds up alcohol expansion amid LCBO strike

Ontario further speeds up alcohol expansion amid LCBO strike

TORONTO — Ontario Premier Doug Ford's government is rushing to get ready-to-drink cocktails on grocery store shelves amid a strike at the province's main liquor retailer that has focused on that very issue.
Tourism association calls for end to LCBO strike, says dispute hurting operators

Tourism association calls for end to LCBO strike, says dispute hurting operators

The Tourism Industry Association of Ontario is calling for a swift resolution to an ongoing strike by the province's liquor store workers, saying the labour dispute is affecting tourism operators during their peak season.
Hamilton steel maker Stelco Holdings sold to Cleveland-Cliffs for $3.4 billion

Hamilton steel maker Stelco Holdings sold to Cleveland-Cliffs for $3.4 billion

HAMILTON — Seven years after it climbed out of creditor protection and embarked on a major turnaround, Stelco Holdings Inc. said it will be acquired by Cleveland-Cliffs Inc. in a $3.4-billion deal. In a release Monday, the storied Hamilton, Ont.
Corus Entertainment says ongoing job cuts will amount to 25% of full-time positions

Corus Entertainment says ongoing job cuts will amount to 25% of full-time positions

TORONTO — Corus Entertainment Inc. says it expects to have slashed 25 per cent of its full-time workforce by the end of next month compared with the beginning of its 2023 fiscal year, as the company continues to "aggressively cut costs.
Business, consumer sentiment subdued in Q2, Bank of Canada surveys find

Business, consumer sentiment subdued in Q2, Bank of Canada surveys find

The Bank of Canada says business and consumer sentiment remained subdued during the second quarter of the year even as the country saw its first interest rate cut.
Wholesale trade falls in May as manufacturing sales tick up: Statistics Canada

Wholesale trade falls in May as manufacturing sales tick up: Statistics Canada

OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.8 per cent to $82.2 billion in May.
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