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Reducing Nova Scotia's deficit will need co-operation of public sector: premier
HALIFAX — Public-sector workers will have to dampen their wage expectations in the coming years as Nova Scotia grapples with a projected $853-million deficit resulting from the COVID-19 pandemic, Premier Stephen McNeil said Thursday.
Jul 30, 2020 2:50 PM
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North American stock markets make gains from morning plunge
TORONTO — North American stock markets made back some of their earlier losses Thursday to end the trading day relatively flat. The S&P/TSX composite index inched up 4.63 points to 16,299.29. It lost nearly 280 points earlier in the day.
Jul 30, 2020 2:46 PM
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Record economic plunge, bleak jobs numbers reveal virus toll
WASHINGTON — The coronavirus pandemic sent the U.S. economy plunging by a record-shattering 32.
Jul 30, 2020 2:00 PM
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Calgary bucks trend of rising home prices in second quarter, says StatCan report
OTTAWA — Homes prices are higher than a year ago in five of six major markets, according to new data from Statistics Canada.
Jul 30, 2020 1:02 PM
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Husky Energy oil output and refining volumes ramp up as economy recovers
CALGARY — Oil production and refining volumes at Husky Energy Inc. are gradually returning to normal after deep cutbacks earlier this year but the company is braced for a "bumpy" recovery, CEO Rob Peabody said Thursday.
Jul 30, 2020 12:46 PM
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Real estate holdings, client relations among WE Charity's path forward: experts
TORONTO — As sponsors cut ties with WE Charity and it faces scrutiny from MPs, donors and the Canadian public, experts say the organization must tackle the question of how to move forward financially.
Jul 30, 2020 12:29 PM
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Grubhub sees orders jump but swings to 2Q loss
Grubhub's average daily orders jumped 32% in the second quarter as the pandemic shut in diners, but the company swung to a loss as it spent heavily to prop up struggling restaurants and protect drivers.
Jul 30, 2020 12:27 PM
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Government revisions show slightly slower 2019 GDP growth
WASHINGTON — The government says the U.S economy grew a bit more slowly last year than it had previously estimated and slightly faster in 2018.
Jul 30, 2020 12:08 PM
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Record surge in daily shipping volumes for UPS in 2Q
The pandemic-fueled boom in online shopping shows no signs of slowing down, providing more business for delivery companies like United Parcel Service Inc. UPS said Thursday that shipments from businesses to U.S.
Jul 30, 2020 12:07 PM
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AstraZeneca: won't profit from COVID-19 vaccine in pandemic
LONDON — Pharmaceutical company AstraZeneca repeated its promise not to profit from a COVID-19 vaccine during the pandemic as it reported it was on track with late-stage trials for the treatment.
Jul 30, 2020 12:06 PM
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