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S&P/TSX composite moves lower Tuesday, U.S. stock markets also down

S&P/TSX composite moves lower Tuesday, U.S. stock markets also down

TORONTO — Canada's main stock index moved lower Tuesday after the latest report on inflation showed price growth easing, while U.S. markets were also lower. The S&P/TSX composite index closed down 78.95 points at 23,037.44.
Disney drops bid to have allergy-death lawsuit tossed because plaintiff signed up for Disney+

Disney drops bid to have allergy-death lawsuit tossed because plaintiff signed up for Disney+

NEW YORK (AP) — Disney is no longer asking a Florida court to dismiss a wrongful death lawsuit on the grounds that the victim’s family had signed up for its streaming service Disney+.
Eby pledges $300M towards 1,508-bed, $560M student housing project at UСÀ¶ÊÓƵ

Eby pledges $300M towards 1,508-bed, $560M student housing project at UСÀ¶ÊÓƵ

The project will include five buildings ranging from eight to 18 storeys, 37 new child care spaces, academic and administrative offices and a 400-seat dining hall.
Ontario sets new planning rules intended to boost home building

Ontario sets new planning rules intended to boost home building

Ontario's housing minister announced a new set of planning rules Tuesday, which he said will set the stage for a "long-term building boom.
Canada Border Services Agency says airport customs systems outage resolved

Canada Border Services Agency says airport customs systems outage resolved

OTTAWA — The Canada Border Services Agency says it has resolved a partial systems outage that affected customs processing at Canadian airports. The CBSA says in a post on X service has been restored but did not specify what caused the outage.
Rail strike could affect more than 32,000 commuters in Canada's three biggest cities

Rail strike could affect more than 32,000 commuters in Canada's three biggest cities

MONTREAL — More than 32,000 rail commuters across the country will have to find new routes to the office if a work stoppage kicks off at Canadian Pacific Kansas City Ltd. this week.
Canada's inflation rate falls to 2.5%, paving way for another interest rate cut

Canada's inflation rate falls to 2.5%, paving way for another interest rate cut

OTTAWA — Canada’s annual inflation rate fell to 2.5 per cent last month, matching economists' forecasts and solidifying expectations for a third consecutive interest rate cut in September.
These companies have laid off Canadian workers in 2024

These companies have laid off Canadian workers in 2024

Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed.
SkipTheDishes and Just Eat cut 800 jobs in Canada amid restructure

SkipTheDishes and Just Eat cut 800 jobs in Canada amid restructure

TORONTO — About 800 Canadian employees are being laid off by SkipTheDishes and its parent company. Roughly 100 Canada-based workers will depart SkipTheDishes, the food delivery service's chief executive Paul Burns revealed on LinkedIn on Tuesday.
At Democratic Convention, UAW head threatens strike against Stellantis over delayed plant reopening

At Democratic Convention, UAW head threatens strike against Stellantis over delayed plant reopening

DETROIT (AP) — A high-profile spat between the United Auto Workers and Stellantis over reopening an Illinois factory complex has made its way into the race for U.S. president and could elicit a strike against the automaker.
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