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Economy posts biggest job loss since 2022 as U.S. tariffs begin to take their toll

Economy posts biggest job loss since 2022 as U.S. tariffs begin to take their toll

OTTAWA — March saw the Canadian economy post its biggest job loss since January 2022 as the uncertainty caused by U.S. tariffs started to take a toll.
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Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth

Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth

ARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth, and the Federal Reserve will focus on keeping price increases temporary, Fed Chair Jerome Powell said Friday.
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Alberta premier says latest U.S. tariffs hard to celebrate, but give time for talks

Alberta premier says latest U.S. tariffs hard to celebrate, but give time for talks

CALGARY — Alberta Premier Danielle Smith says she doesn't want to be "exuberant about dodging the bullet" with U.S.
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Rogers reveals buyer, structure of $7B deal for stake in its network infrastructure

Rogers reveals buyer, structure of $7B deal for stake in its network infrastructure

TORONTO — Rogers Communications Inc. has revealed that a group led by U.S. investment management company Blackstone Inc. is the buyer in its proposed $7 billion sale of a minority stake in a portion of its wireless network infrastructure.
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Here's a quick glance at unemployment rates for March, by Canadian city

Here's a quick glance at unemployment rates for March, by Canadian city

OTTAWA — The national unemployment rate was 6.7 per cent in March. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.
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Here's a quick glance at unemployment rates for March, by province

Here's a quick glance at unemployment rates for March, by province

OTTAWA — Canada's national unemployment rate was 6.7 per cent in March. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10 per cent (10.5) _ Prince Edward Island 7.
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National employment numbers for March from Statistics Canada, at a glance

National employment numbers for March from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's March employment figures (numbers from the previous month in brackets): Unemployment rate: 6.7 per cent (6.6) Employment rate: 60.9 per cent (61.1) Participation rate: 65.2 per cent (65.
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Hudson's Bay closures to cause job losses well beyond the retailer

Hudson's Bay closures to cause job losses well beyond the retailer

TORONTO — When Hudson's Bay closes the vast majority of its stores in June, the job losses will extend beyond the storied retailer's own workforce.
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Alberta oil well report updated after concerns over taxpayer backstop recommendation

Alberta oil well report updated after concerns over taxpayer backstop recommendation

A new version of a government-commissioned report about Alberta's inactive oil wells and what to do about them now says the province should manage a new insurance fund, rather than backstop it with taxpayer funding.
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High anxiety over softwood lumber despite tone change from U.S.: B.C. premier

High anxiety over softwood lumber despite tone change from U.S.: B.C. premier

British Columbia's premier said Thursday he is encouraged to see a shifting tone in U.S. President Donald Trump's talks with Canada, but concerns remain about how tariffs could devastate the province's softwood lumber sector.
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