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Here’s how Carney’s budget aims to tackle youth unemploymentBudget 2025 proposes nearly $1.6 billion in funding for the youth job market in Canada as unemployment for young Canadians nears 15 per cent.EconomyNov 5
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Can loyalty and points programs help ease the pinch of holiday spending?Loyalty programs can be a good way for consumers to potentially save money during the holiday season, but experts say it's not as easy as just signing up.ConsumerNov 8
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Canada’s unemployment rate just fell for 1st time in 3 monthsCanada's job market bounced back slightly in October as the national unemployment rate fell for the first time in three months, dipping to 6.9 per cent.CanadaNov 7
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Canada faces recession risk over next 6 months, most financial leaders sayBusiness and financial leaders say trade tensions are the most important factor the Canadian economy faces and a recession is still possible.EconomyNov 10
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Job vacancies plummet to lowest point since 2017: StatCanNew data from Statistics Canada suggests there may be more people looking for work than there are jobs available as many businesses report not feeling a need to hire more.EconomyOct 30
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Canadians feel ‘cautious’ about spending as holidays near, Bank of Canada saysCanadians plan to be “cautious” about spending in the second half of this year, the Bank of Canada said Wednesday in a summary of its recent interest rate deliberations.CanadaNov 12
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Canadians say they’ll spend less, shop earlier for the holidays: BMOTariffs and price concerns were cited as the main reasons Canadians are changing their holiday shopping plans this year.ConsumerNov 14
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Will Bank of Canada cut interest rates again this week? What economists sayMost economists expect the Bank of Canada to cut borrowing rates this week after mixed economic gauges on inflation and the job market.EconomyOct 27
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Invest or keep money in cash? 41% of young Canadians opt for latter in TFSANew survey data suggests Gen Z and millennials who use a tax-free savings account aren't investing in that account because they want the money readily available.MoneyNov 12
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Nestlé cutting 16,000 jobs globally amid multiple economic challengesNestlé, the Swiss-based parent company of brands like Nescafé and KitKat announced it plans to cut 16,000 jobs globally over the next two years.ConsumerOct 16
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Air travellers from Canada to U.S. drop in September: dataNew data shows the number of passengers screened in Canadian airports was much higher for domestic and abroad destinations — but not the United States.ConsumerNov 3
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‘We’ve moved to Canada and are proud of it’: Sour Puss liquor production moves from Minnesota to QuebecThe company has signed a deal to produce the liquor in Quebec after several provinces stopped stocking certain American-made alcohol products in response to U.S. trade actions.CanadaNov 14
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India slaps yellow pea imports with 30% dutyIndia is adding an additional duty of 30 per cent for all imports of yellow peas effective Nov. 1, including from Canada, in an effort to maintain local price stability.CanadaOct 30
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Hiring will stay ‘subdued’ over next year due to trade war, data suggestsThe job market is expected to remain difficult to break into over the next 12 months, as most businesses report pausing growth and hiring plans amid the trade war.EconomyOct 20
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Ontario predicts grim economic outlook with rising unemployment and lower job creationFinance Minister Peter Bethlenfalvy will unveil the fiscal update in the legislature around 1 p.m., parts of which have already been published.PoliticsNov 6
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Cenovus reports higher Q3 profits, Imperial Oil has mixed financial resultsCenovus and Exxon both published their third-quarter financial results on Friday as world oil markets continue to be impacted by Trump tariffs and increased production from OPEC+.EconomyOct 31
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Reform training programs to tackle high youth unemployment, Tories urgeThe Conservatives pin much of the blame on what they call Canada's broken immigration system, which they say flooded the job market and made it harder for young people to break in.CanadaOct 15
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Carney’s 1st budget aims to balance ‘generational’ spending with cutsThe question now is whether Carney’s decision to simultaneously run a sizeable deficit while slashing public service jobs will find support among opposition parties.CanadaNov 4
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As General Motors cuts production in Ontario, Ottawa plans ‘response group’General Motors says it is ending production of its BrightDrop electric delivery van in Ingersoll, Ont.CanadaOct 21
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More U.S. tariffs would be ‘very damaging,’ auto industry tells MPsCanada's automotive industry representatives said some vehicle manufacturers are voicing concern about being seen as 'too American' in the tense climate.CanadaOct 27