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Inflation holds at 3.1% in November as progress in tamping down price growth stalls

Inflation holds at 3.1% in November as progress in tamping down price growth stalls

OTTAWA — Canada's fight against inflation didn't gain ground last month as the annual rate held steady at 3.1 per cent, but economists say the slightly disappointing figure doesn't change the Bank of Canada's interest rate plans.
Google to pay $700 million to US states, consumers in app store settlement

Google to pay $700 million to US states, consumers in app store settlement

Google has agreed to pay $700 million and make several other concessions to settle allegations that it had been stifling competition against its Android app store — the same issue that went to trial in another case that could result in even bigger ch
Bombardier won't contest Ottawa's sole-source deal on new Boeing military planes

Bombardier won't contest Ottawa's sole-source deal on new Boeing military planes

MONTREAL — Bombardier Inc. will not contest the federal government's decision to replace the military's aging patrol planes with aircraft from U.S. rival Boeing Co., the Quebec jet maker says.
Bad financial advice comes in many forms. Knowing how to spot it can save you money

Bad financial advice comes in many forms. Knowing how to spot it can save you money

Whether it came from a family member, social media influencer or certified professional, if you’re a millennial or gen Z who’s been burned by bad financial advice in the past year, you can take some solace in knowing you’re not alone.
Here's a list of November inflation rates for selected Canadian cities

Here's a list of November inflation rates for selected Canadian cities

OTTAWA — Canada's annual inflation rate was 3.1 per cent in November, Statistics Canada says.
Here's a list of November inflation rates for Canadian provinces

Here's a list of November inflation rates for Canadian provinces

OTTAWA — Canada's annual inflation rate was 3.1 per cent in November, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 2.1 per cent (2.4) — Prince Edward Island: 0.4 per cent (1.
Final electric-vehicle mandate to come Tuesday, sales must double by 2026

Final electric-vehicle mandate to come Tuesday, sales must double by 2026

OTTAWA — Canadian auto companies sold more electric vehicles this year than ever before, but would still need to nearly double that number within three years to meet a new national mandate.
Storied US Steel to be acquired for more than $14 billion by Nippon Steel

Storied US Steel to be acquired for more than $14 billion by Nippon Steel

U.S. Steel, the Pittsburgh steel producer that played a key role in the nation's industrialization, is being acquired by Nippon Steel in an all-cash deal valued at approximately $14.1 billion. The transaction is worth about $14.
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 (20,622.71, up 93.56 points): Suncor Energy Inc. (TSX:SU). Energy. Up 75 cents, or 1.81 per cent, to $42.13 on 10.8 million shares.
Energy stocks help S&P/TSX composite rise almost 100 points, U.S. markets move higher

Energy stocks help S&P/TSX composite rise almost 100 points, U.S. markets move higher

TORONTO — Strength in energy stocks helped Canada's main stock index gain almost 100 points Monday, while U.S. markets were also higher. The market boost from what was perceived as a pivot by the U.S.