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

OTTAWA — A quick look at Canada's November employment (numbers from the previous month in brackets): Unemployment rate: 5.1 per cent (5.2) Employment rate: 61.5 per cent (61.6) Participation rate: 64.8 per cent (64.
New York court issues liability ruling against CIBC in Cerberus lawsuit

New York court issues liability ruling against CIBC in Cerberus lawsuit

TORONTO — CIBC says a New York court has issued a liability ruling against the Canadian bank in a lawsuit brought by Cerberus Capital Management LP. Cerberus filed the lawsuit in November 2015.
CWB Financial Group reports Q4 profit down from year ago, raises dividend

CWB Financial Group reports Q4 profit down from year ago, raises dividend

EDMONTON — CWB Financial Group raised its dividend and reported its fourth-quarter profit fell compared with year ago as its provision for credit losses rose. The bank says it upped its quarterly dividend by a penny to 32 cents per share.
Profits in 15 sectors, including oil and gas, driving bulk of inflation: report

Profits in 15 sectors, including oil and gas, driving bulk of inflation: report

A new report by the Centre for Future Work found that growth in corporate profits this year compared to pre-pandemic has been concentrated in a small number of sectors where consumer prices have also risen the fastest.
Asian shares sink on revived worries over recession, China

Asian shares sink on revived worries over recession, China

BANGKOK (AP) — Shares retreated in Asia on Friday after a mixed day on Wall Street as optimism over signs the Federal Reserve may temper its aggressive interest rate hikes was replaced by worries the economy might be headed for a recession. A U.S.
Royals tour US green tech incubator, meet at-risk youth

Royals tour US green tech incubator, meet at-risk youth

BOSTON (AP) — The Prince and Princess of Wales on Thursday heard about solar-powered autonomous boats and low-carbon cement at a green technology startup incubator in suburban Boston before learning how a nonprofit gives young people the tools to sta
B.C.'s Medical Services Commission accuses Telus LifePlus program of extra-billing

B.C.'s Medical Services Commission accuses Telus LifePlus program of extra-billing

VANCOUVER — British Columbia's Medical Services Commission has applied for a court injunction against a Telus Health program alleging it is extra-billing for health services. In documents filed in the B.C.
Nexus applicants can shuffle off to Buffalo as Canada, U.S. expand pilot project

Nexus applicants can shuffle off to Buffalo as Canada, U.S. expand pilot project

WASHINGTON — An experimental bid to rescue the troubled Nexus trusted-traveller program between Canada and the United States has expanded to the Peace Bridge.
New paid sick leave rules come into effect for federally regulated workers

New paid sick leave rules come into effect for federally regulated workers

OTTAWA — Employees in federally regulated private-sector workplaces are now eligible for 10 days of paid sick leave after members of Parliament voted unanimously in favour of the move last year. As of Dec.
Final witnesses speak during hearing on Rogers, Shaw $26-billion proposed deal

Final witnesses speak during hearing on Rogers, Shaw $26-billion proposed deal

OTTAWA — Canada's competition watchdog heard from its final group of witnesses Thursday at the hearing meant to debate the Rogers Communications Inc.'s $26-billion proposed takeover of Shaw Communications Inc.