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Fed's Powell: Elevated inflation will likely delay rate cuts this year

Fed's Powell: Elevated inflation will likely delay rate cuts this year

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates.
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Hockey business is booming as the NHL bounces back from the pandemic in a big way

Hockey business is booming as the NHL bounces back from the pandemic in a big way

NEW YORK (AP) — Arenas are full, the NHL is a fixture on TV screens across North America, highlight-reel goals are talking points on a near-daily basis and “The Pat McAfee Show” even has a segment called “Hockey is Awesome.
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IMF: Outlook for world economy is brighter, though still modest by historical standards

IMF: Outlook for world economy is brighter, though still modest by historical standards

WASHINGTON (AP) — The International Monetary Fund has upgraded its outlook for the global economy this year, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth.
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Annual inflation rate up in March as gasoline prices rose, but core measures lower

Annual inflation rate up in March as gasoline prices rose, but core measures lower

OTTAWA — Higher gasoline prices helped the annual inflation rate tick higher in March, but core inflation continued to cool for the month, raising the chances of an interest rate cut by the Bank of Canada in June.
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Housing starts down seven per cent in March from February: CMHC

Housing starts down seven per cent in March from February: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in March declined seven per cent compared with February.
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NHL announces Bodyarmor as its new sports drink, replacing BioSteel

NHL announces Bodyarmor as its new sports drink, replacing BioSteel

NEW YORK (AP) — The NHL and NHL Players' Association on Tuesday announced a multiyear agreement with Bodyarmor to be the league’s official sports drink. Bodyarmor replaces BioSteel in that department after BioSteel filed for bankruptcy last year.
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Students benefit from filing a tax return even if they don't make a lot of money

Students benefit from filing a tax return even if they don't make a lot of money

Lower income doesn’t mean lower priority when it comes to filing a tax return.
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Here's a list of March inflation rates for selected Canadian cities

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

OTTAWA — Canada's annual inflation rate was 2.9 per cent in March, Statistics Canada says.
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Here's a list of March inflation rates for Canadian provinces

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

OTTAWA — Canada's annual inflation rate was 2.9 per cent in March, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 3.1 per cent (2.0) — Prince Edward Island: 2.6 per cent (1.
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CAE signs deal with Nav Canada to help train air traffic controllers amid shortage

CAE signs deal with Nav Canada to help train air traffic controllers amid shortage

MONTREAL — Flight simulator maker CAE Inc. says it has signed an agreement with Nav Canada to help train flight service specialists and air traffic controllers beginning this fall.
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