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EU, New Zealand strike free trade deal after 4 years' talks

BRUSSELS (AP) — The European Union and New Zealand said Thursday they have concluded a free trade deal after four years of negotiations and sealed a partnership to reinforce their cooperation against organized crime and terror groups.
'Hotdogs instead of steaks:' What your Canada Day BBQ will cost with hot inflation

'Hotdogs instead of steaks:' What your Canada Day BBQ will cost with hot inflation

The Canada Day long weekend is the perfect time for burgers on the grill, cold drinks and time with family and friends. Yet a backyard barbecue comes with a bigger price tag this year. Food prices soared 9.
Key inflation gauge tracked by the Fed remains a high 6.3%

Key inflation gauge tracked by the Fed remains a high 6.3%

WASHINGTON (AP) — A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged from its level in April.

Slightly fewer Americans apply for jobless claims last week

WASHINGTON (AP) — Slightly fewer Americans applied for unemployment benefits last week, reflecting a robust job market despite rising job cuts in some sectors of the economy that have cooled in recent months.
New consumer protection rules for banks come into force

New consumer protection rules for banks come into force

OTTAWA — The head of Canada's consumer protection watchdog for the finance industry says new rules for banks coming into force establish new standards of care.
Air Canada to slash summer flight schedule as airports face lengthy delays

Air Canada to slash summer flight schedule as airports face lengthy delays

MONTREAL — Air Canada is cutting more than 15 per cent of its scheduled flights in July and August as airports face lengthy delays and cancellations amid an overwhelming travel resurgence.
Corus CEO says company's portfolio designed to withstand recessionary pressures

Corus CEO says company's portfolio designed to withstand recessionary pressures

TORONTO — Corus Entertainment Inc.'s chief executive said Wednesday that a recession is something he is "confident" the company can manage through.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,078.64, down 144.10 points.) Whitecap Resources Inc. (TSX:WCP). Energy. Down 63 cents, or 6.5 per cent, to $9.12 on 11.
Spike in domestic flight delays, cancellations as global gridlock continues

Spike in domestic flight delays, cancellations as global gridlock continues

MONTREAL — A majority of domestic flights to Canada's busiest airports were delayed or cancelled over the past week as the effects of an overloaded international network continue to ripple across the country.
S&P/TSX composite falls on fears that rising rates will reduce demand for oil

S&P/TSX composite falls on fears that rising rates will reduce demand for oil

TORONTO — Energy and technologies helped push Canada's main stock index lower as a shrunken U.S. economy last quarter and aggressive comments from Fed officials had investors worrying about weaker demand and a potential recession.