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German softwood imports up tenfold in wake of U.S. duties on Canadian industry

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U.S. imports of softwood from Germany have grown tenfold in the first half of the year as punishing duties pushed imports of Canadian softwood down.

CIBC divorce from PC Financial shines light on bruised loyalty card industry

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Another divorce in Canada's loyalty card sector has consumers stuck in the middle asking questions about the future of an industry still bruised by the actions of some of its largest providers.

Major stock indices flat ahead of major central bankers conference


North American stock indices capped off Monday on a muted tone as investors await signals from an upcoming major central bankers conference scheduled to begin later this week.

Court approves Home Capital class-action lawsuit settlement


An Ontario court has approved the settlement of a $29.5 million class-action lawsuit by investors against alternative mortgage lender Home Capital Group Inc.

Top Stories in last day


Globe and Mail to scrap print edition in Atlantic Canada later this year


The Globe and Mail is putting a stop to its daily print edition across Atlantic Canada later this year. Publisher Phillip Crawley says the national newspaper plans to halt production for the East Coast version on Nov. 30.


Russian flight attendant sues airline for discrimination

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A Russian flight attendant is suing airline Aeroflot, claiming she was taken off sought-after long-haul international flights because of her looks.

Ontario to move ahead with road access into chromite-rich Ring of Fire region


Premier Kathleen Wynne says Ontario is moving ahead with building roads into the Ring of Fire region.

Toronto stock index down slightly, as Canadian dollar strengthens


The Toronto stock market fell slightly this morning, but held onto its value better than the major American indexes.


Wholesale sales dip slightly in June, first decline in months: StatsCan


Canada's wholesale sales declined slightly in June, with the food and auto industries showing the biggest impact.

Transat offers sunny Q3 outlook after good start to summer travel season

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Shares of Transat A.T. surged 10 per cent on Monday to the highest level since early 2015 after the travel company signalled that it is having a significantly more profitable summer season than it had expected.


Five things to watch in the Canadian business world this week


From NAFTA to Sears Canada, here are five things to watch for in the Canadian business world in the coming week.

China SUV maker Great Wall considers bid for Jeep unit

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Chinese SUV maker Great Wall Motors is considering making a bid to buy Fiat Chrysler's Jeep unit, spokespeople for the company said Monday, in a possible ambitious new step onto the global stage for China's fast-growing auto brands.


Korea tensions keep a lid on global markets


Global stock markets traded in narrow ranges Monday as investors awaited a key meeting of central bankers later this week and continued to monitor developments on the Korean peninsula.


Back to school: How mature students can fund continuing education

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Mature students who return to education have much more complex financial lives, experts say, and determining how to pay thousands of dollars in tuition, books and other expenses can be tricky. But with proper planning, a university degree…

Sunday, Aug 20

Apple under pressure to dazzle as market slows

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As Apple and Samsung gear up to launch new flagship smartphones, the market leaders are seeking a wow factor that can help them fend off challenges from rising Chinese-based manufacturers.

From panhandlers to street musicians, not everyone is ready for cashless society

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In the second quarter of 2017, almost 40 per cent of payment transactions used tap-and-pay methods -- a figure that is predicted to jump to 50 per cent by the end of the year.

Saturday, Aug 19

Toronto judge approves hardship fund for former Sears Canada employees

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The $500,000 fund will help former employees facing difficulty who would have otherwise been eligible for severance payments when they lost their jobs at the retailer.

Can millennials afford to buy a home? It depends where they live

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Nearly 7 in 10 Atlantic Canadian millennials surveyed for Royal LePage agreed with the statement “I believe I will be able to purchase a home in the next five years,” compared to 57 per cent nationwide.

Friday, Aug 18

Inflation perks up for first time since January

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The annual inflation rate accelerated last month for the first time since January for a result that supported the view consumer prices are set to rise with the improving economy.

U.S. dairy industry divided on how to deal with Canada's supply management system


The American dairy industry is split on the question of Canada's supply-management system as national negotiators get set to hold their first session on agriculture Saturday in North American free trade talks.

Geopolitical uncertainty stalks markets after Spain attacks


An aversion to risk was evident in financial markets Friday after the attacks in Spain. Stock markets around the world were under pressure while traditional safe haven assets, such as gold, were in demand.

Consumer culture on the rise in North Korea


The rise of a new consumer culture is irreversibly transforming Kim Jong Un's North Korea. But there are thoughts that it could all blow up in his face, with experts saying the North Korean economy is a bubble that could soon burst.

Thursday, Aug 17

Canadian subsidiary of French defence giant gets $5.2 billion contract


The Canadian subsidiary of French defence industry giant Thales has been awarded a multibillion-dollar contract to service Canada's new fleet of Arctic offshore patrol ships and joint support vessels.

Trump increasingly isolated as business panels dismantled

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With corporate chieftains fleeing, U.S. President Donald Trump abruptly abolished two of his White House business councils, an attempt to manage his increasing isolation and the continued fallout from his combative comments on racially…

Asian shares rise higher after gains on Wall Street


Asian shares were mostly higher Thursday in narrow trading, tracking gains overnight on Wall Street. Japan's Nikkei 225 index slipped as the yen strengthened against the U.S. dollar.