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GDP growth of 0.4% in Oct. offers glimmer of hope for economy in 2021

GDP growth of 0.4% in Oct. offers glimmer of hope for economy in 2021

OTTAWA — The Canadian economy outpaced expectations in October and an early estimate suggested growth continued in November, offering a glimmer of hope for a better-than-expected start to 2021.
Unions see opportunity as new generation of organizers emerge amid pandemic

Unions see opportunity as new generation of organizers emerge amid pandemic

While "unprecedented" has been the go-to term to describe the ripple effects of the COVID-19 pandemic, the wave of labour upheaval currently moving across the country is the latest turn in a familiar cycle.
Consumer spending drops 0.4%, first decline since April

Consumer spending drops 0.4%, first decline since April

WASHINGTON — U.S. consumer spending fell 0.4% in November, the first decline since April, as Americans confronted a newly resurgent virus. The decline followed a 0.
US layoffs remain elevated as 803,000 seek jobless aid

US layoffs remain elevated as 803,000 seek jobless aid

WASHINGTON — The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S.
President of NB Liquor and Cannabis NB resigns and returns to private sector

President of NB Liquor and Cannabis NB resigns and returns to private sector

FREDERICTON — The president of NB Liquor and Cannabis NB has resigned after 16 months on the job. The Crown corporation said in a news release that Patrick Parent has decided to return to the private secor in a CEO role.
Orders for big-ticket manufactured goods up 0.9% in November

Orders for big-ticket manufactured goods up 0.9% in November

WASHINGTON — Orders to U.S. factories for big-ticketed manufactured goods rose a moderate 0.9% in November with a key category that tracks business investment plans showing a gain.
Train cars carrying crude oil derail, burn north of Seattle

Train cars carrying crude oil derail, burn north of Seattle

BELLINGHAM, Wash. — Seven train cars carrying crude oil derailed Tuesday and five caught fire, sending a large black plume of smoke into the sky north of Seattle close to the Canadian border, authorities said.
Bonterra urges shareholders to ignore extended hostile takeover bid by Obsidian

Bonterra urges shareholders to ignore extended hostile takeover bid by Obsidian

CALGARY — Bonterra Energy Corp. says it remains steadfastly opposed to a hostile takeover bid by Calgary oil and gas rival Obsidian Energy Ltd. after the latter extended its share tender deadline on Monday.
What airlines, other industries got in $900B relief bill

What airlines, other industries got in $900B relief bill

At a mind-numbing 5,593 pages, Congress' $900 billion pandemic relief package covers a lot of ground.
Feds sue Walmart over role in opioid crisis

Feds sue Walmart over role in opioid crisis

WASHINGTON — The Justice Department sued Walmart on Tuesday, accusing it of fueling the nation’s opioid crisis by pressuring its pharmacies to fill even potentially suspicious prescriptions for the powerful painkillers.