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Telus profit plunges 74% in the third quarter as restructuring costs bite

Telus profit plunges 74% in the third quarter as restructuring costs bite

VANCOUVER — The cost savings from recent layoffs at Telus Corp. will have a bigger impact on the company’s financial results in the coming quarters, Telus president and CEO Darren Entwistle said.
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B.C. economic growth to hit negative territory in 2024: Desjardins

B.C. economic growth to hit negative territory in 2024: Desjardins

B.C.'s economy relies more on the housing market than most provinces. It's a factor that is set to hammer GDP growth next year, according to forecast.
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Canadian business insolvencies surge almost 42 per cent from last year

Canadian business insolvencies surge almost 42 per cent from last year

OTTAWA — Canadian business insolvencies were up 41.8 per cent from a year earlier in the third quarter, surpassing pre-pandemic levels.
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B.C.-founded ElectraMeccanica faces potential lawsuit over failed merger

B.C.-founded ElectraMeccanica faces potential lawsuit over failed merger

Tevva is giving B.C. company until Nov. 17 to reconsider withdrawing from merger
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Trans Mountain Corp. issued stop-work order for environmental non-compliance

Trans Mountain Corp. issued stop-work order for environmental non-compliance

CALGARY — The company building the Trans Mountain pipeline expansion has been issued a temporary stop-work order due to environmental non-compliance related to a wetland near Abbotsford, B.C.
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B.C. loses 4K jobs in October despite big gains in construction

B.C. loses 4K jobs in October despite big gains in construction

Unemployment rate remains unchanged at 5.4%.
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BC Ferries frustrates tourists ​— ​but they're still lining up to come here

BC Ferries frustrates tourists ​— ​but they're still lining up to come here

Ferry frustration seems to disappear once travellers arrive at their destination
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B.C. Indigenous leaders tell Premier Eby at summit that more doors must open

B.C. Indigenous leaders tell Premier Eby at summit that more doors must open

VANCOUVER — The British Columbia government must do more to open the doors of power to Indigenous people and initiatives in the province, Premier David Eby was told Thursday. B.C.
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BC United fundraising slows, gap grows with NDP

BC United fundraising slows, gap grows with NDP

The next scheduled election is Oct. 19, 2024. 
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Finance committee calls for feds to block RBC-HSBC deal on competition concerns

Finance committee calls for feds to block RBC-HSBC deal on competition concerns

OTTAWA — The finance committee of the House of Commons has called on the Finance Minister to block RBC's $13.5-billion takeover of HSBC Canada over concerns it will hurt competition.
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