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Empire reports Q4 profit up, CEO says food inflation at its stores remained stable

Empire reports Q4 profit up, CEO says food inflation at its stores remained stable

Empire Co. Ltd.’s top executive said the company’s price inflation remained stable during its latest quarter and that he expects the trend to continue, as the grocery retailer reported its latest financial results.
Trump extends TikTok ban deadline for a third time

Trump extends TikTok ban deadline for a third time

WASHINGTON (AP) — President Donald Trump on Thursday signed an executive order to keep TikTok running in the U.S. for another 90 days to give his administration more time to broker a deal to bring the social media platform under American ownership.
CAPP survey shows oilpatch spends billions on Indigenous-affiliated businesses

CAPP survey shows oilpatch spends billions on Indigenous-affiliated businesses

CALGARY — Oilpatch companies are big spenders on Indigenous-affiliated businesses, according to a survey commissioned by the Canadian Association of Petroleum Producers released Thursday.
Home construction must double over next decade to restore 2019 affordability: CMHC

Home construction must double over next decade to restore 2019 affordability: CMHC

Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels last seen in 2019 based on projected demand.
Affordability challenges still plague renters despite falling prices: report

Affordability challenges still plague renters despite falling prices: report

TORONTO — A new report suggests Canadian renters continue to face affordability challenges even as asking rent prices have fallen this year, while those considering the leap to home ownership are taking a wait-and-see approach.
Keyera says $5.15B deal to buy Plains' Canadian business to help energy security

Keyera says $5.15B deal to buy Plains' Canadian business to help energy security

CALGARY — Keyera Corp.'s deal to buy the Canadian natural gas liquids business of U.S. firm Plains for $5.15 billion will help boost this country's energy security and economic resilience, its chief executive says.
Business groups push for pause on Canada's digital services tax targeting tech giants

Business groups push for pause on Canada's digital services tax targeting tech giants

OTTAWA — Ottawa is under pressure to pause digital services tax legislation that directs large tech companies to make a big retroactive payment by June 30. Canadian and U.S. business groups, organizations representing U.S.
Few Canadians support Canada Post privatization, but open to sweeping changes: survey

Few Canadians support Canada Post privatization, but open to sweeping changes: survey

A new survey finds less support among Canadians for the privatization of Canada Post, but many are open to large-scale changes amid labour strife between the Crown corporation and its union.
Lululemon Athletica cutting 150 corporate jobs as part of organizational changes

Lululemon Athletica cutting 150 corporate jobs as part of organizational changes

VANCOUVER — The Vancouver-based apparel company Lululemon Athletica Inc. is cutting about 150 corporate jobs as part of changes to its organizational structure. The retailer said Wednesday the affected employees are part of its store support centres.
Construction sector ramping up tech investments to address labour gap: KPMG survey

Construction sector ramping up tech investments to address labour gap: KPMG survey

TORONTO — A new survey says most Canadian construction companies are still coping with a shortage of skilled labour, however their productivity and efficiency has improved in recent years as a result of investments in technology.
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