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Statistics Canada reports wholesale sales down 0.6% in June

Statistics Canada reports wholesale sales down 0.6% in June

OTTAWA 鈥 Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.6 per cent to $82.4 billion in June. The agency says sales fell in five of the seven subsectors.
White House says deals struck to cut prices of popular Medicare drugs that cost $50 billion yearly

White House says deals struck to cut prices of popular Medicare drugs that cost $50 billion yearly

WASHINGTON (AP) 鈥 The Biden administration said Thursday that drug price negotiations will knock hundreds of dollars 鈥 in some cases thousands 鈥 off the list prices of 10 of Medicare鈥檚 most popular and costliest drugs .
Maple Leaf Foods names Deepak Bhandari as CFO for pork business

Maple Leaf Foods names Deepak Bhandari as CFO for pork business

MISSISSAUGA, Ont. 鈥 Maple Leaf Foods Inc. has named Deepak Bhandari as chief financial officer of its pork business, which it plans to spin off as an independent, publicly traded company.
'Long haul': Sense of community key as Jasper rebuilds, former Slave Lake mayor says

'Long haul': Sense of community key as Jasper rebuilds, former Slave Lake mayor says

The former mayor of a northern Alberta town ravaged by wildfire more than a decade ago says community ties will be key as Jasper, Alta., recovers from the blaze that swept through last month.
Wally Amos, 88, of cookie fame, died at home in Hawaii. He lost Famous Amos but found other success

Wally Amos, 88, of cookie fame, died at home in Hawaii. He lost Famous Amos but found other success

HONOLULU (AP) 鈥 Wallace 鈥淲ally鈥 Amos, the creator of the cookie empire that took his name and made it famous and who went on to become a children鈥檚 literacy advocate, has died. He was 88.
Court appoints receiver at Yukon mine after cyanide-contaminated ore slide: minister

Court appoints receiver at Yukon mine after cyanide-contaminated ore slide: minister

WHITEHORSE 鈥 A judge has granted an order appointing a receiver to take control of assets at a gold mine closed after a massive slide of cyanide-contaminated ore in June, Yukon's justice minister said.
Football Canada appoints Peter Baxter to its board of directors

Football Canada appoints Peter Baxter to its board of directors

OTTAWA 鈥 Peter Baxter, the longtime athletic director at Wilfrid Laurier, has been appointed to Football Canada's board of directors. The governing body of amateur football in Canada made the announcement Wednesday.
Corus shuts down Hamilton radio station, amid other 'necessary changes'

Corus shuts down Hamilton radio station, amid other 'necessary changes'

TORONTO 鈥 Corus Entertainment is making several structural changes to cut costs, including shuttering its 900 CHML radio station in Hamilton after decades on the air.
Edward Rogers becomes executive chair of Rogers Communications

Edward Rogers becomes executive chair of Rogers Communications

TORONTO 鈥 Rogers Communications says Edward Rogers is becoming the company's executive chair effective immediately. The company says Rogers, previously chairman, will lead the development and review of the company鈥檚 long-term strategy for growth.
Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity

Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity

Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year , as the company shifts its focus to more rapidly growing areas in technology, such as artificial intelligence and cybersecurity.
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