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North American markets mixed on hot new U.S. employment data

North American markets mixed on hot new U.S. employment data

It was a mixed day for North American markets Friday, as investors tried to understand what a surprisingly hot U.S. jobs report says about the overall economy as well as what it could mean for central bankers looking to put the brakes on inflation.
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Telus' net income soars 45% in Q2 as it reports rise in mobile, internet customers

Telus' net income soars 45% in Q2 as it reports rise in mobile, internet customers

VANCOUVER — Telus Corp. said Friday that the reliability of its network helped it add a record number of customers in the second quarter as it recorded a 45 per cent climb in net income.
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'What recession?': US employers add 528,000 jobs in July

'What recession?': US employers add 528,000 jobs in July

WASHINGTON (AP) — U.S. employers added an astonishing 528,000 jobs last month despite flashing warning signs of an economic downturn, easing fears of a recession and handing President Joe Biden some good news heading into the midterm elections.
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Héroux-Devtek reports lower Q1 profit amid supply chain issues

Héroux-Devtek reports lower Q1 profit amid supply chain issues

LONGUEUIL, Que. — Héroux-Devtek Inc. reported net income of $965,000 for its latest quarter, down from $6.7 million in the same period last year. The Longueuil, Que.
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Two months of job losses a sign of shifting economy, economist suggests

Two months of job losses a sign of shifting economy, economist suggests

OTTAWA — Canada's economy appears to be backing away from the rapid jobs growth seen earlier this year, with July marking the second-straight month of job losses, even as the unemployment rate held steady. The jobless rate stayed at 4.
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Suncor must stop diagnosing and start executing workplace safety changes: Interim CEO

Suncor must stop diagnosing and start executing workplace safety changes: Interim CEO

CALGARY — The new interim CEO of Suncor Energy Inc. says the oil and gas giant is ready to stop studying its workplace safety problem and start implementing solutions instead.
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Power utility TransAlta reports $80 million loss in second quarter

Power utility TransAlta reports $80 million loss in second quarter

CALGARY — TransAlta Corp. reported a loss of $80 million in its latest quarter compared with a loss of $12 million in the same quarter last year.
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Canopy Growth sees $2B net loss as Ontario cannabis company takes large writedown

Canopy Growth sees $2B net loss as Ontario cannabis company takes large writedown

Canopy Growth Corp. executives argued the company is advancing toward profitability, even as it booked a $1.72 billion non-cash writedown that contributed to a net loss of more than $2 billion during its most recent quarter.
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Here's a quick glance at unemployment rates for July, by Canadian city

Here's a quick glance at unemployment rates for July, by Canadian city

OTTAWA — The national unemployment rate was 4.9 per cent in July. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
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Here's a quick glance at unemployment rates for July, by province

Here's a quick glance at unemployment rates for July, by province

OTTAWA — Canada's national unemployment rate was 4.9 per cent in July. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.2 per cent (9.9) _ Prince Edward Island 5.
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