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P.E.I. hoping to attract company to manufacture modular homes for the province
CHARLOTTETOWN — The P.E.I. government announced today that part of its plan to address the province's housing shortage is finding a company to manufacture modular homes on the Island.
May 6, 2024 12:18 PM
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Starbucks founder Schultz says company needs to refocus on coffee as sales struggle
Former Starbucks CEO and founder Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales.
May 6, 2024 11:49 AM
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S&P/TSX composite up more than 200 points in broad-based rally, U.S. stocks also rise
TORONTO — Canada's main stock index was up more than 200 points in late-morning trading as higher commodity prices helped boost energy and base metal stocks in a broad-based rally across the Toronto market. The S&P/TSX composite index was up 204.
May 6, 2024 11:32 AM
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Mailing a letter costs a little more now as stamp price hike takes effect
OTTAWA — An increase in the cost to send a letter in Canada took effect Monday. The cost of stamps purchased in a booklet, coil or pane is now 99 cents per stamp, an increase of seven cents. The price of a single domestic stamp is now $1.
May 6, 2024 11:02 AM
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Montreal home sales up 25% in April as expected rate cuts prompt recovery: board
MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales surged 25.5 per cent in April compared with the same month last year, with levels returning to historical averages.
May 6, 2024 10:00 AM
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Stock market today: Wall Street opens higher, adding to last week's gains
NEW YORK (AP) — U.S. stocks are ticking higher as last week’s rush of market-moving events gives way to what could be a quieter week. The S&P 500 was up 0.5% early Monday.
May 6, 2024 9:44 AM
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Ensign Energy Services reports Q1 loss, revenue down 11% from year ago
CALGARY — Ensign Energy Services Inc. reported a loss in its latest quarter compared with a profit a year earlier as its revenue fell 11 per cent. The oilfield services company says its net loss attributed to common shareholders amounted to $1.
May 6, 2024 9:18 AM
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Canadian companies' AI policies aim to balance risk with rewards
TORONTO — When talent search platform Plum noticed ChatGPT sending ripples through the tech world and beyond, it decided to turn right to the source to lay out how staff could and couldn't use the generative artificial intelligence chatbot.
May 6, 2024 4:00 AM
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Hundreds strike at Nestle chocolate plant in Toronto, Unifor says
TORONTO — Hundreds of Nestle workers walked off the job in Toronto on Sunday after rejecting a tentative agreement the union reached with the chocolate maker.
May 5, 2024 10:20 PM
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Israel orders Al Jazeera to close its local operation and seizes some equipment from channel
TEL AVIV, Israel (AP) — Israel ordered the local offices of Qatar's Al Jazeera satellite news network to close Sunday, escalating a long-running feud between the broadcaster and Prime Minister Benjamin Netanyahu's hard-line government as Doha-mediate
May 5, 2024 11:47 AM
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