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US jobless claims unchanged at 205,000

US jobless claims unchanged at 205,000

The number of Americans applying for unemployment benefits was unchanged last week, remaining at a historically low level that reflects the job market's strong recovery from the coronavirus recession last year. Jobless claims remained at 205,000.
Consumer prices up 5.7% over past year, fastest in 39 years

Consumer prices up 5.7% over past year, fastest in 39 years

WASHINGTON (AP) — U.S. consumer prices rose 5.7% over the past year, the fastest pace in 39 years, as a surge in inflation confronts Americans with the holiday shopping season under way.
TransAlta Corp. signs power purchase agreements for its White Rock wind project

TransAlta Corp. signs power purchase agreements for its White Rock wind project

CALGARY — TransAlta Corp. says it has entered into two long-term power purchase agreements for its White Rock wind project in Caddo County, Okla.
Manitoba announces 400 new COVID-19 cases but no new restrictions

Manitoba announces 400 new COVID-19 cases but no new restrictions

WINNIPEG — Despite rising case counts of COVID-19 and the threat of the Omicron variant in the province, Manitoba public health officials would not commit to tightening restrictions, instead saying they will monitor risk factors as the holidays appro

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,070.05, up 145.18 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up eight cents, or 5 per cent, to $1.68 on 5.4 million shares.
Canada's main stock index posts second day of gains after Monday slump

Canada's main stock index posts second day of gains after Monday slump

Canada's main stock index posted a second day of gains Wednesday as investors recovered their confidence following a bumpy start to the week. The S&P/TSX composite index was up 145.18 points at 21,070.05.

Ontario announces rebate for some businesses' property tax and energy bills

Ontario businesses affected by recent public health measures can apply for rebates on property taxes and energy costs, the government announced Wednesday amid warnings some companies were on the brink of collapse due to the rapid spread of the Omicro
Candy cane sellers, chocolate makers hit with holiday supply chain challenges

Candy cane sellers, chocolate makers hit with holiday supply chain challenges

CALGARY — Visions of sugar plums have turned into visions of snarled supply chains for some Canadian candy companies this holiday season.
Pfizer pill becomes 1st US-authorized home COVID treatment

Pfizer pill becomes 1st US-authorized home COVID treatment

WASHINGTON (AP) — U.S. health regulators on Wednesday authorized the first pill against COVID-19, a Pfizer drug that Americans will be able to take at home to head off the worst effects of the virus. The long-awaited milestone comes as U.S.
Small businesses struggle to capitalize on 'shop local' sentiment

Small businesses struggle to capitalize on 'shop local' sentiment

The corner of Anderson and Cartwright streets in Vancouver has been bustling lately as Canadians looking to support independent businesses flock to the Granville Island Toy Company. But keeping up with the demand has not been easy.
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