September 20th, 2017

Business

National employment numbers for August from Statistics Canada, at a glance

By The Canadian Press on September 8th, 2017

OTTAWA – A quick look at August employment numbers (previous month in brackets): Unemployment rate: 6.2 per cent (6.3) Employment rate: 61.6 per cent (61.6) Labour force participation rate: 65.7 per cent (65.7) Number unemployed: 1,226,600 (1,246,800) Number working: 18,444,100 (18,421,900) Youth (15-24 years) unemployment rate: 11.5 per cent (11.1) Men (25 plus) unemployment rate: ... Read More »

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Labour market sees ninth-straight monthly gain; 22,200 net jobs added, jobless rate falls

By The Canadian Press on September 8th, 2017

OTTAWA – Canada’s labour market posted its ninth-straight month of job gains in August to give the economy its longest monthly growth streak since before the financial crisis nine years ago. Statistics Canada says last month’s increase of 22,200 jobs also helped nudge the unemployment rate down from 6.3 per cent in July to a ... Read More »

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NewsAlert: Canada adds 22,200 jobs in August, unemployment rate dips to 6.2%

By The Canadian Press on September 8th, 2017

OTTAWA – Statistics Canada reports that 22,200 net jobs were added in August and the national nemployment rate fell to 6.2 per cent. More coming... Read More »

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UK universities face EU student exodus due to Brexit

By Caroline Spiezio, The Associated Press on September 8th, 2017

LONDON – Growing up in a small Italian farming town, Andrea Guerini Rocco dreamed of pursuing a career in economics in a big, bustling city. Three years ago, he thought that city would be London. He did his undergraduate studies at the London School of Economics, earning good grades and working analyst internships he was ... Read More »

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N.B. premier urges TransCanada to proceed with Energy East pipeline

By The Canadian Press on September 8th, 2017

CALGARY – New Brunswick Premier Brian Gallant says he will do whatever necessary to make sure the $15.7-billion Energy East pipeline proceeds and delivers crude – and jobs – to refineries in his province. Gallant was responding to a surprise announcement Thursday that TransCanada Corp. (TSX:TRP) wants to suspend for now its application to build ... Read More »

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TransCanada seeking 30-day suspension of Energy East application

By The Canadian Press on September 7th, 2017

CALGARY – The future of the Energy East pipeline has been thrown into question after TransCanada Corp. announced it wants to suspend for now its application to build the $15.7-billion project. In a statement Thursday, Calgary-based TransCanada (TSX:TRP) says it filed a letter to the National Energy Board asking for a 30-day suspension for the ... Read More »

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Officers, medics sue over chemical plant fire after Harvey

By Frank Bajak, The Associated Press on September 7th, 2017

HOUSTON – Seven sheriff’s deputies and medical emergency responders who say they were sickened by a chemical fire at a plant outside Houston that flooded during Harvey sued the owner Thursday for gross negligence, seeking $1 million in damages. A state judge granted a temporary restraining order to prevent plant owner Arkema Inc. from removing ... Read More »

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Equifax breach exposes 143 million people to identity theft

By Michael Liedtke, The Associated Press on September 7th, 2017

SAN FRANCISCO – Credit monitoring company Equifax has been hit by a high-tech heist that exposed the Social Security numbers and other sensitive information about 143 million Americans. Now the unwitting victims have to worry about the threat of having their identities stolen. The Atlanta-based company, one of three major U.S. credit bureaus, said Thursday ... Read More »

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Ryan aiming for low- to mid-20 per cent corporate tax rate

By Marcy Gordon, The Associated Press on September 7th, 2017

WASHINGTON – With Republicans in Congress under pressure to deliver on taxes, House Speaker Paul Ryan said Thursday the GOP plan will aim to reduce the corporate tax rate to low- to mid-20 per cent – a smaller cut than what President Donald Trump wants. Ryan provided some specifics as the Republicans start to write ... Read More »

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Federal takeover of Churchill port could help rail line: Manitoba premier

By Steve Lambert, The Canadian Press on September 7th, 2017

WINNIPEG – Manitoba Premier Brian Pallister is suggesting the federal government could take over the Port of Churchill as one way to help revive the subarctic town’s broken rail line and economy. “The federal government has the responsibility for ports,” Pallister said Thursday. “They run dozens of them and maybe they could run one more.” ... Read More »

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Indigenous protesters build tiny homes in path of Trans Mountain pipeline

By The Canadian Press on September 7th, 2017

CHASE, B.C. – First Nations protesters in British Columbia are planning to place tiny homes directly in the path of the Trans Mountain pipeline expansion, an idea drawn from an influential Indigenous movement in the United States. Activists say the houses are symbols of sustainability in the face of what they see as an environmentally ... Read More »

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