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Greater Toronto home sales fall 13.3 per cent in May as inventory levels rise: board

Greater Toronto home sales fall 13.3 per cent in May as inventory levels rise: board

TORONTO — Home sales in the Greater Toronto Area remained weak in May while inventory levels were up — giving more negotiating leverage to potential homebuyers.
Auto sales up 7.9% in May, market remains resilient in face of tariffs: DesRosiers

Auto sales up 7.9% in May, market remains resilient in face of tariffs: DesRosiers

DesRosiers Automotive Consultants Inc. says the auto market remained resilient last month as sales were up 7.9 per cent year-over-year despite trade disruptions in the auto industry.
Canadian telecom sector gathers for annual summit as report touts industry investment

Canadian telecom sector gathers for annual summit as report touts industry investment

TORONTO — Leaders in Canada's telecommunications sector are urging policymakers to make it more attractive for companies to invest in improved infrastructure, as a new report says sustained spending by carriers is key to boosting economic growth.
Wildfires force Hudbay Minerals to suspend work at Snow Lake mine in Manitoba

Wildfires force Hudbay Minerals to suspend work at Snow Lake mine in Manitoba

TORONTO — Hudbay Minerals Inc. says wildfires burning in northern Manitoba have forced it to suspend work at its Snow Lake mine.
Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says

Trump tax bill will add $2.4 trillion to the deficit and leave 10.9 million more uninsured, CBO says

WASHINGTON (AP) — President Donald Trump’s big bill making its way through Congress will cut taxes by $3.75 trillion but also increase deficits by $2.
Jobs minister presses Canada Post, workers to reach a deal

Jobs minister presses Canada Post, workers to reach a deal

Jobs Minister Patty Hajdu is calling on Canada Post and its union to return to the bargaining table to hash out terms for binding arbitration.
Text of the Bank of Canada's latest interest rate decision

Text of the Bank of Canada's latest interest rate decision

OTTAWA — The Bank of Canada held its policy interest rate at 2.75 per cent on Wednesday. Here is the text of the central bank's decision: ——— The Bank of Canada today maintained its target for the overnight rate at 2.
Gloves from Wayne Gretzky's last Stanley Cup run with Oilers up for auction

Gloves from Wayne Gretzky's last Stanley Cup run with Oilers up for auction

A pair of gloves worn by Wayne Gretzky during his last Stanley Cup run with the Edmonton Oilers is going up for auction.
'We reject your bill:' First Nations heads urge Quebec to scrap forestry reform bill

'We reject your bill:' First Nations heads urge Quebec to scrap forestry reform bill

QUÉBEC — Representatives of the Assembly of First Nations Quebec-Labrador urged a provincial legislature committee on Tuesday to abandon a forestry reform bill that would reserve large swaths of the province's forests for logging.
Toy maker Spin Master cuts jobs as it contends with tariff uncertainty

Toy maker Spin Master cuts jobs as it contends with tariff uncertainty

TORONTO — Toy maker Spin Master Corp. says it has cut jobs across the company as it tries to weather the impact of global tariffs on its business. In an emailed statement, spokeswoman Tammy Smitham did not say how many employees were affected.
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