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Youth unemployment rises as Canada sheds 18K jobsThe youth unemployment rate, which is the rate of unemployment among Canadians aged 15 to 24, rose by half a percentage point to 14.3 per cent.EconomyMay 8
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Canada unveils AI strategy with plans for widespread adoption, data centresThe strategy wants to restrict the use of AI for surveillance pricing, and ramp up use by Canadians – but doesn’t estimate job losses.CanadaJun 4
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Tim Hortons says it will hire locals, scale back temporary foreign workersTim Hortons says it intends to hire 10,000 'local' workers in the coming months as it expands operations and amid the Temporary Foreign Worker program scaling back.ConsumerMay 25
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U.S., Canadian stock markets hit new records as AI fuels growthThe S&P 500 rose 0.2 per cent a day after setting its latest all-time high. The Dow Jones Industrial Average was up 140 points, or 0.3 per cent, as of 11:30 a.m.U.S. NewsJun 2
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5 things missing from Canada’s AI strategy, from timelines to job impactsThe 50-page strategy is 'very short on details,' Conservatives and independent experts said after its long-anticipated release. Here are some of the details that are missing.TechJun 4
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As grads enter tough job market, moving home ‘makes perfect sense’: expertsYoung Canadians are living at home for longer with each passing generation, which experts say suggests that the stigma may be fading as economic pressures shift cultural norms.EconomyMay 26
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Canada’s AI strategy to be released as survey suggests public trust gapArtificial Intelligence Minister Evan Solomon says the strategy will be titled 'AI for All' and will emphasize building Canadians' trust in the technology.PoliticsJun 3
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Are we in a recession? ‘Be careful’ with indicators, says Bank of CanadaEven though the most recent GDP reports flirt with a technical recession, the Bank of Canada and several economists aren't ready to declare one formally just yet.EconomyJun 1
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As consumers struggle, should the Bank of Canada hike, hold or cut rates?Several economists believe the Bank of Canada is more likely to raise borrowing rates in the coming months than provide a cut.EconomyJun 8
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Canada’s big banks brace for more bad loans, focus on ‘de-risking’Canada's biggest private banks are reporting quarterly earnings this week, and the first three have signalled they are continuing to set aside money in case some loans default.EconomyMay 27
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Poilievre calls for emergency debate as Canada enters technical recessionConservative Leader Pierre Poilievre is calling on Prime Minister Mark Carney to reverse years of government policy as job losses mount and national economic growth turns negative.PoliticsMay 31
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Bishnoi extortion gang gunman testifies he was paid $4,000 for B.C. shootingAbjeet Kingra is one of the first convicted Bishnoi extortion gang members to face a public deportation hearing.CanadaJun 11
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Airlines facing high jet fuel costs can now get millions in loans in CanadaThe new federal government program will let airlines borrow up to $150 million each, said Finance Minister François-Philippe Champagne.ConsumerJun 8
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‘Indefinite suspension’: Honda slams brakes on Ontario EV plant constructionThe Japanese carmaker confirmed the development in a statement Thursday after reports surfaced last week that the automaking giant was halting its plans to construct the facility.CanadaMay 14
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CFL’s new broadcast rights present opportunities, questionsThe CFL has inked a landmark broadcast rights deal that the league promises will bring three-down football to new audiences. Where does it leave teams and current fans?SportsMay 29
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Alberta separation question creating uncertainty for provincial investment: ‘Not good for us’Some Alberta companies say the unstable political climate has already prompted concern from investors and, in at least one case, consideration of moving operations elsewhere.PoliticsMay 26
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Canada’s auto industry at ‘inflection point’ dependant on U.S. free trade: reportThe report outlined various paths for the auto industry, ranging from an increase in its unit volume to two million by 2040 or seeing assembly plants shutter by the same year.CanadaMay 13
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Habs’ St. Louis reflects on NHL coaching carouselMartin St. Louis is convinced he will be fine when the time comes.SportsMay 14
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Bank of Canada says households struggling, economy vulnerable to shocksThe global economy is 'volatile' and 'vulnerabilities' exist that could expose Canada to potential shocks on multiple fronts, the central bank's report says.EconomyMay 28
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U.S. potato industry wants Canadian spuds banned after potato wart detectedThe CFIA confirmed to Global News that it detected the presence of potato wart in soil samples collected from one potato field in P.E.I.EconomyMay 20