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Economists see Bank of Canada holding on rates after surprise GDP contraction

Economists see Bank of Canada holding on rates after surprise GDP contraction

OTTAWA — Economists say the latest GDP data from Statistics Canada showing a contraction in the economy suggests the Bank of Canada's rate hiking campaign may be coming to an end.
Restaurant Brands International receives approval for share buyback plan

Restaurant Brands International receives approval for share buyback plan

TORONTO — Restaurant Brands International Inc. has received approval from its board of directors to allow it to repurchase up to US$1 billion of its common shares over the next two years. Through the approval, which last until Sept.
CWB Financial Group reports third quarter profit up from a year ago

CWB Financial Group reports third quarter profit up from a year ago

EDMONTON — CWB Financial Group reported its third-quarter profit rose compared with a year ago. The Edmonton-based bank says its common shareholders' net income totalled $83.1 million for the quarter ended July 31, up from $70 million a year earlier.
Alouettes, Lions looking to redeem themselves in Labour Day weekend clash

Alouettes, Lions looking to redeem themselves in Labour Day weekend clash

Montreal Alouettes quarterback Cody Fajardo is eager to get back on track Saturday after last week didn’t go to plan. The Alouettes host the B.C.
In the news today: Statistics Canada to release GDP figures today

In the news today: Statistics Canada to release GDP figures today

Here is a roundup of stories from The Canadian Press designed to bring you up to speed on what you need to know today...
What happens when you give 50 homeless people $7,500 each? A B.C. study found out

What happens when you give 50 homeless people $7,500 each? A B.C. study found out

VANCOUVER — There's a stark contrast between public perception and the reality of how homeless people spend money, says a researcher who gave 50 homeless people in British Columbia $7,500 each to do with as they wished.
Will updated COVID vaccines work against latest variant? Canadian scientists monitor global research

Will updated COVID vaccines work against latest variant? Canadian scientists monitor global research

Federal scientists will be monitoring global research to determine the effectiveness of updated vaccines against the latest COVID-19 variant, Health Canada and the Public Health Agency of Canada say. Canada's first known case ofthe Omicron variantBA.
A closer look at 5 Canadian titles ahead of the Toronto International Film Festival

A closer look at 5 Canadian titles ahead of the Toronto International Film Festival

TORONTO — From age-old terrors to high school queer angst, Canadian films and series showcased at this year's Toronto International Film Festival offer a wide array of options even without the usual draw of A-listers.
First Nation reflects on grief and healing one year after stabbing rampage

First Nation reflects on grief and healing one year after stabbing rampage

JAMES SMITH CREE NATION — Eddie Head felt a deep pull toward his Saskatchewan First Nation as it was enveloped in devastation. He had been a community leader for decades for James Smith Cree Nation and served a term as chief.
Ontario professor part of NASA's geology team for Artemis III moon mission

Ontario professor part of NASA's geology team for Artemis III moon mission

Gordon Osinski has spent the last two decades studying craters left behind by meteorites.