October 17th, 2021

Business

Energy and financial sectors help lift S&P/TSX composite, U.S. stock markets mixed

By The Canadian Press on October 8th, 2021

TORONTO – Gains in the energy and financial sectors nudged Canada’s main stock index higher in late-morning trading, while U.S. stock markets were mixed. The S&P/TSX composite index was up 48.53 points at 20,464.74. In New York, the Dow Jones industrial average was up 54.26 points at 34,809.20. The S&P 500 index was up 6.02 ... Read More »

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Commercial cleaning industry sees demand recovery even as many offices remain empty

By Ian Bickis, The Canadian Press on October 8th, 2021

TORONTO – At the outset of the Covid-19 pandemic, Colin Bates could only watch helplessly as many of his clients shut their offices and sent people home. “The world changed dramatically for us here at that time as well,” said the owner of several Jan-Pro commercial cleaning franchises in Ontario. “The next two weeks were ... Read More »

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Here’s a quick glance at unemployment rates for September, by Canadian city

By The Canadian Press on October 8th, 2021

OTTAWA – The national unemployment rate was 6.9 per cent in September. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities. It cautions, however, that the figures may fluctuate widely because they are based on small statistical samples. Here are the jobless rates last month by city (numbers from the ... Read More »

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Here’s a quick glance at unemployment rates for September, by province

By The Canadian Press on October 8th, 2021

OTTAWA – Canada’s national unemployment rate was 6.9 per cent in September. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 13.1 per cent (12.1) _ Prince Edward Island 11.3 per cent (10.6) _ Nova Scotia 8.0 per cent (7.8) _ New Brunswick 9.3 ... Read More »

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

By The Canadian Press on October 8th, 2021

OTTAWA – A quick look at Canada’s September employment (numbers from the previous month in brackets): Unemployment rate: 6.9 per cent (7.1) Employment rate: 60.9 per cent (60.5) Participation rate: 65.5 per cent (65.1) Number unemployed: 1,421,800 (1,440,000) Number working: 19,131,200 (18,974,100) Youth (15-24 years) unemployment rate: 11.3 per cent (11.6) Men (25 plus) unemployment ... Read More »

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Canada adds 157,000 jobs in September, returning to pre-pandemic levels

By The Canadian Press on October 8th, 2021

OTTAWA – Statistics Canada says the economy added 157,000 jobs in September, bringing employment back to pre-pandemic levels for the first time. The unemployment rate fell to 6.9 per cent, down from 7.1 per cent in August. The last time Canada had this large an employment gain was in June 2021, when the economy added ... Read More »

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US employers add a weak 194,000 jobs as delta maintains hold

By Christopher Rugaber, The Associated Press on October 8th, 2021

WASHINGTON (AP) – U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy with many companies struggling to fill millions of open jobs. Friday’s report from the Labor Department also showed that the unemployment rate fell sharply to 4.8% from ... Read More »

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US employers add slight 194,000 jobs as delta maintains hold

By Christopher Rugaber, The Associated Press on October 8th, 2021

WASHINGTON (AP) – U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy with many companies struggling to fill millions of open jobs. Friday’s report from the Labor Department also showed that the unemployment rate fell sharply to 4.8% from ... Read More »

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CP NewsAlert: Canada adds 157,000 jobs in September, returning to pre-pandemic levels

By The Canadian Press on October 8th, 2021

OTTAWA – Statistics Canada says the economy added 157,000 jobs in September, bringing employment back to February 2020 levels for the first time. The unemployment rate fell to 6.9 per cent, down from 7.1 per cent in August. The last time Canada has this large an employment gain was in June 2021, when the economy ... Read More »

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MTY Food Group reports higher third-quarter sales and profits amid customer rebound

By The Canadian Press on October 8th, 2021

MONTREAL – MTY Food Group Inc. recorded an uptick in sales and profits in its third quarter amid a rebound in customer traffic at the company’s restaurants. The Montreal-based restaurant franchisor and operator said Friday the positive results come despite ongoing supply-chain issues, labour shortages and temporary restaurant closures due to the COVID-19 pandemic. MTY ... Read More »

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MTY Food Group reports $24.3 million profit in Q3, up from $22.9 million a year ago

By The Canadian Press on October 8th, 2021

MONTREAL – MTY Food Group Inc. reported a third-quarter profit of $24.3 million, up from $22.9 million a year ago, as the restaurant franchising company recorded a rebound in customer traffic. The Montreal-based company says the profit amounted to 98 cents per diluted share for the quarter ended Aug. 31, down from 93 cents per ... Read More »

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