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Consumer confidence declines again in May, 4th time in 5 months, particularly for older Americans

Consumer confidence declines again in May, 4th time in 5 months, particularly for older Americans

Consumer confidence fell in May as Americans, particularly older ones, became more pessimistic about the labor market, on top of elevated anxiety over inflation . The Conference Board reported Tuesday that its consumer confidence index fell to 102.
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Pembina Pipeline partnering with Marubeni Corp. on ammonia export project

Pembina Pipeline partnering with Marubeni Corp. on ammonia export project

CALGARY — Pembina Pipeline Corp. says it has reached an agreement with Japanese conglomerate Marubeni Corp. to create an ammonia supply chain for exports to Asian markets.
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Shopify faces class action over severance offered to recently laid off staff

Shopify faces class action over severance offered to recently laid off staff

A class-action lawsuit alleges Shopify Inc. reneged on a deal it offered some employees who were laid off in a recent round of cuts.
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How to plan a backpacking trip through Europe on a budget

How to plan a backpacking trip through Europe on a budget

For young Canadians hoping to take a trip on a budget, there's a new challenge on the horizon beyond finding a way to fit all of one’s necessities into a backpack: the lingering effects of high inflation.
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Canopy Growth signs deal with Indiva for Wana brand of edibles

Canopy Growth signs deal with Indiva for Wana brand of edibles

SMITHS FALLS, Ont. — Cannabis company Canopy Growth Corp. has signed a deal with Indiva Ltd. for the exclusive rights and interests to manufacture, distribute and sell Wana branded edible products in Canada.
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Technology could be key to future wildfire prevention, fighting: companies

Technology could be key to future wildfire prevention, fighting: companies

When wildfires hit Alberta earlier this month, leaving more than 10,000 square kilometres of land scorched so far this year, João Lopes was worried about how much more devastation could be on its way.
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Yukon government announces aid for residents affected by spring flooding

Yukon government announces aid for residents affected by spring flooding

WHITEHORSE — The Yukon government says it's working to provide financial support and other help to residents and businesses hurt by ongoing flooding in the Klondike Valley.
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Bell CEO warns 'interventionist' regulations could lead telcos to curtail investments

Bell CEO warns 'interventionist' regulations could lead telcos to curtail investments

TORONTO — Bell Canada president and CEO Mirko Bibic warned Monday that increased regulation in Canada's telecommunications industry could prompt companies to scale back investment and make cuts to service for underserved communities.
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Quebec, Ottawa pledge $300 million for GM electric car battery component plant

Quebec, Ottawa pledge $300 million for GM electric car battery component plant

BÉCANCOUR, Que. — The governments of Quebec and Canada have announced $300 million in funding for a factory that will make components for electric vehicle batteries in Bécancour, Que., located about halfway between Montreal and Quebec City.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,967.95, up 47.64): Manulife Financial Corp. (TSX:MFC). Finance. Up 13 cents, or 0.51 per cent, to $25.66 on 3.7 million shares.
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