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These companies have laid off Canadian workers in 2023

These companies have laid off Canadian workers in 2023

A wave of layoffs in 2022, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.
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EPA to limit toxic 'forever chemicals' in drinking water

EPA to limit toxic 'forever chemicals' in drinking water

WASHINGTON (AP) — The Environmental Protection Agency on Tuesday proposed limiting the amount of harmful “forever chemicals” in drinking water to the lowest level that tests can detect, a long-awaited protection the agency said will save thousands of
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Freeland meets with bank regulator head, BoC following U.S. bank collapse

Freeland meets with bank regulator head, BoC following U.S. bank collapse

OTTAWA — Finance Minister Chrystia Freeland is assuring that Canada's financial institutions are secure after meeting with the head of Canada's bank regulator and the Bank of Canada.
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What’s next? Experts say it’s best to have a plan before you quit your job

What’s next? Experts say it’s best to have a plan before you quit your job

Thinking about quitting your job? You’re not alone. Half of Canadian workers plan to look for a new job within the first six months of 2023, according to a poll by business consulting firm Robert Half.
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Statistics Canada says manufacturing sales rose 4.1 per cent in January

Statistics Canada says manufacturing sales rose 4.1 per cent in January

OTTAWA — Statistics Canada says manufacturing sales rose 4.1 per cent to $73.9 billion in January, powered by gains in motor vehicle and petroleum and coal products sales. The federal agency says sales in constant dollars were up 3.
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Facebook parent Meta slashes another 10,000 jobs

Facebook parent Meta slashes another 10,000 jobs

Facebook parent Meta is slashing another 10,000 jobs and will not fill 5,000 open positions as the social media pioneer cuts costs. The company announced 11,000 job cuts in November, about 13% of its workforce at the time.
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US inflation eases but stays high, putting Fed in tough spot

US inflation eases but stays high, putting Fed in tough spot

WASHINGTON (AP) — U.S. consumer price increases eased slightly from January to February but still pointed to an elevated inflation rate that is posing a challenge for the Federal Reserve at a delicate moment for the financial system.
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Dorel reports growing losses amid reduced orders from retailers, price discounting

Dorel reports growing losses amid reduced orders from retailers, price discounting

MONTREAL — Dorel Industries Inc. reported its net loss from continuing operations grew in the fourth quarter amid lower U.S. sales in its children's products and home furnishings divisions. The Montreal-based company, which keeps its books in U.S.
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Government races to reassure US that banking system is safe

Government races to reassure US that banking system is safe

NEW YORK (AP) — Depositors withdrew savings and investors broadly sold off bank shares Monday as the federal government raced to reassure Americans that the banking system was secure after two bank failures fed fears that more financial institutions
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Alaska's Willow oil project is controversial. Here's why.

Alaska's Willow oil project is controversial. Here's why.

JUNEAU, Alaska (AP) — The Biden administration is approving a major oil project on Alaska's petroleum-rich North Slope that supporters say represents an economic lifeline for Indigenous communities in the region but environmentalists say is counter t
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