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National Business
Defined benefit pension plans improve in second quarter: Mercer
TORONTO — The health of Canadian defined benefit pension plans continued to improve in the second quarter of 2023, according to consulting firm Mercer.
Jul 4, 2023 12:31 PM
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CBRE report says office vacancy rate in Q2 rose to highest level since 1994
TORONTO — The national office vacancy rate in Canada climbed in the second quarter to its highest level since 1994, according to a report by commercial real estate firm CBRE. The firm said Tuesday that the national office vacancy rate rose to 18.
Jul 4, 2023 11:30 AM
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Meta looks to target Twitter with a rival app called Threads
LONDON (AP) — Meta is poised to unveil a new app that appears to mimic Twitter — a direct challenge to the social media platform owned by Elon Musk .
Jul 4, 2023 9:38 AM
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Vietnam bans 'Barbie' movie due to an illustration showing China's territorial claim
HANOI, Vietnam (AP) — Vietnam's state media have reported that the government banned distribution of the popular “Barbie” movie because it includes a view of a map showing disputed Chinese territorial claims in the South China Sea.
Jul 4, 2023 8:32 AM
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Paramount lowers first half 2023 average sales volumes guidance due to wildfires
CALGARY — Paramount Resources Ltd. says it expects its average sales volumes for the first half of 2023 will come in below its earlier guidance as it works to restore the last of the production that was put on hold due to the Alberta wildfires.
Jul 4, 2023 7:02 AM
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Alberta premier urges 'rapid resolution' to B.C. port strike
Alberta Premier Danielle Smith says the ongoing strike at British Columbia ports could cause "substantial economic harm" in Alberta and across Canada. Port workers across B.C.
Jul 3, 2023 2:45 PM
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Battier among retired NBA stars moving into tech sector as investors
TORONTO — When Shane Battier was drafted by the Memphis Grizzlies in 2001 no one was talking about business in the NBA's locker-rooms or clubhouses.
Jul 3, 2023 1:53 PM
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Stock market today: Wall Street drifts higher ahead of July 4th holiday in US
NEW YORK (AP) — Stocks drifted higher Monday as momentum slowed on Wall Street following a powerful rally to start the year. The S&P 500 edged up 0.1%, rising to its highest level since April 2022. The Dow rose less than 0.1%.
Jul 3, 2023 11:11 AM
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Evacuation alert remains for Kelowna, B.C., residents near Knox Mountain wildfire
KELOWNA — Emergency crews in Kelowna, B.C., say they're still working to contain a wildfire on Knox Mountain that spurred an evacuation of area residents on Canada Day.
Jul 2, 2023 2:01 PM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Markets closed Canadian markets are closed Monday this year because Canada Day lands on the Saturday. U.S.
Jul 2, 2023 8:00 AM
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