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Statistics Canada reports retail sales up 0.3 per cent at $66.1 billion in July

Statistics Canada reports retail sales up 0.3 per cent at $66.1 billion in July

OTTAWA — Retail sales edged higher in July, driven by sales at supermarkets and grocery stores, but Statistics Canada said Friday its early estimate for August pointed to a decline. The agency said retail sales jumped 0.3 per cent to $66.
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Canada's manufacturing sector seeks to reduce 'repetitive labour' through AI

Canada's manufacturing sector seeks to reduce 'repetitive labour' through AI

TORONTO — Artificial intelligence and increased automation can help lessen the load for workers at a time when Canada faces a labour shortage in the construction and manufacturing sector.
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West Fraser selling two pulp mills to Atlas Holdings for US$120 million

West Fraser selling two pulp mills to Atlas Holdings for US$120 million

VANCOUVER — West Fraser Timber Co. Ltd. has signed a deal to sell two pulp mills in Western Canada to Atlas Holdings for US$120 million. The sale includes West Fraser's Quesnel River Pulp mill in Quesnel, B.C.
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Prime Video to introduce advertisements, increase cost for ad-free streaming

Prime Video to introduce advertisements, increase cost for ad-free streaming

TORONTO — Prime Video will jump on the ad wagon next year, introducing commercial breaks to its platform and hiking fees for those who want to avoid them.
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Hot dog! The Wienermobile is back after short-lived name change

Hot dog! The Wienermobile is back after short-lived name change

MADISON, Wis. (AP) — Some names are just the wurst. Just four months after announcing that the hot dog-shaped Wienermobile was changing its name to the Frankmobile, the distinctive wiener on wheels is reverting to the original.
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United States and China launch economic and financial working groups with aim of easing tensions

United States and China launch economic and financial working groups with aim of easing tensions

WASHINGTON (AP) — The U.S. Treasury Department and China's Ministry of Finance launched a pair of economic working groups on Friday in an effort to ease tensions and deepen ties between the nations.
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ATS signs deal to buy water purification company Avidity Science for $265 million

ATS signs deal to buy water purification company Avidity Science for $265 million

CAMBRIDGE, Ont. — ATS Corp. has signed a deal to buy Avidity Science LLC, a designer and manufacturer of automated water purification solutions for biomedical and life science applications, for $265 million. Based in Waterford, Wisc.
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Rupert Murdoch's surprise exit from Fox leaves son Lachlan in line of succession at media empire

Rupert Murdoch's surprise exit from Fox leaves son Lachlan in line of succession at media empire

NEW YORK (AP) — Magnate Rupert Murdoch's surprise announcement Thursday that he's stepping down as leader of his two companies leaves his son Lachlan firmly in line of succession at Fox and the rest of the media empire.
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A look at the numbers and assumptions behind Alberta's pension report

A look at the numbers and assumptions behind Alberta's pension report

The Alberta government has released a report that it commissioned on the financial implications of the province leaving the Canada Pension Plan. Here's a look at some of the key findings and assumptions of the report.
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Alberta to debate Canada Pension Plan, says it deserves half of fund if it leaves

Alberta to debate Canada Pension Plan, says it deserves half of fund if it leaves

EDMONTON — Alberta’s premier fired the starter’s pistol Thursday for a provincewide consultation on whether to quit the Canada Pension Plan while releasing a report that estimates the province deserves more than half CPP's assets.
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