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Manufacturing sales fell in March, wholesale sales edged higher: StatCan

Manufacturing sales fell in March, wholesale sales edged higher: StatCan

OTTAWA — Statistics Canada says manufacturing sales fell 1.4 per cent in March to $71.9 billion as sales fell in the primary metal and petroleum and coal product subsectors. The agency says sales of primary metals fell 6.5 per cent to $5.
Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion

Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with uncertainty over U.S.
US wholesale prices dropped 0.5% last month despite President Trump's tariffs

US wholesale prices dropped 0.5% last month despite President Trump's tariffs

WASHINGTON (AP) — U.S. wholesale prices dropped unexpectedly in April for the first time in more than a year despite President Donald Trump’s sweeping taxes on imports .
Annual pace of housing starts in April up 30 per cent from March: CMHC

Annual pace of housing starts in April up 30 per cent from March: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in April rose 30 per cent compared with March.
Calfrac reports $7.8-million Q1 profit, revenue up 12 per cent from year ago

Calfrac reports $7.8-million Q1 profit, revenue up 12 per cent from year ago

CALGARY — Calfrac Well Services Ltd. reported a first-quarter profit of $7.8 million compared with a loss of $2.9 million a year earlier as its revenue rose 12 per cent.
US applications for jobless benefits hold firm as layoffs remain low despite tariff uncertainty

US applications for jobless benefits hold firm as layoffs remain low despite tariff uncertainty

WASHINGTON (AP) — U.S. applications for jobless benefits held steady last week as layoffs remain low despite uncertainty over how President Donald Trump’s tariffs will impact the economy.
Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion

Dick's Sporting Goods to buy struggling shoe chain Foot Locker for $2.4 billion

Dick’s Sporting Goods is buying the struggling footwear chain Foot Locker for about $2.4 billion, the second buyout of a major footwear company in as many weeks as business leaders struggle with uncertainty over U.S.
Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

Walmart says it will raise prices due to tariff costs after posting solid first quarter sales

NEW YORK (AP) — Walmart’s first quarter profit slipped and it said it must raise prices due to higher costs from tariffs implemented by President Donald Trump.
Winnipeg company 'will never forget' history making Hudson's Bay striped items

Winnipeg company 'will never forget' history making Hudson's Bay striped items

For four generations, the family behind Winnipeg garment maker Freed & Freed International has worked with the fabric of our nation, crafting police regalia like the scarlet tunics worn by the RCMP and uniforms for Canada's Olympic teams.
Joly says Honda still committed to EV investments after $15-billion project delayed

Joly says Honda still committed to EV investments after $15-billion project delayed

OTTAWA — Industry Minister Mélanie Joly says Honda Canada remains "fully committed" to major electric-vehicle investments in Canada after the company announced Tuesday that it was pausing a multibillion-dollar EV project in Ontario.