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National Business
National Business
Instacart's IPO surges as the grocery delivery company goes from the supermarket to the stock market
Instacart delivered in its stock market debut. The grocery delivery company's shares __ priced at $30 per share ahead of the IPO __ hit a peak of $42.95 Tuesday in the first few minutes of trading on the Nasdaq stock exchange.
Sep 19, 2023 1:32 PM
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Swings in inflation not ‘unusual,’ but underlying price pressures still high: BoC
OTTAWA — Bank of Canada deputy governor Sharon Kozicki says swings in the inflation rate are to be expected after the latest consumer price index report showed inflation climbed in August for the second month in a row.
Sep 19, 2023 1:21 PM
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Canada's inflation rate jumps to 4%, making the BoC's next rate decision harder
OTTAWA — Canada's inflation rate has been rising for two consecutive months as underlying price pressures remain stubbornly high, a combination that makes the Bank of Canada's next interest rate decision more challenging.
Sep 19, 2023 12:58 PM
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Amazon to hire 6,000 workers in Canada for full-time, part-time and seasonal jobs
TORONTO — Amazon.com Inc. says it is ramping up to hire more than 6,000 people across Canada. The Seattle-based e-commerce giant says the new hires will cover full-time, seasonal and part-time roles.
Sep 19, 2023 10:06 AM
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Insured damages from summer storms in Alberta top $300M, estimate shows
EDMONTON — Severe storms in Alberta and the Prairies this summer resulted in more than $300 million in insured losses, according to initial estimates from the Insurance Bureau of Canada.
Sep 19, 2023 10:00 AM
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BioSteel creditors list shows company owes millions to the who's who of sports
SMITHS FALLS, Ont. — BioSteel Sports Nutrition Inc. owes a slew of top-ranking sports teams and leagues millions of dollars.
Sep 19, 2023 9:33 AM
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End of Metroland flyer distribution could hasten move to digital advertising: experts
TORONTO — Canada's shrinking flyer industry and the slew of businesses who rely on it for advertising were dealt another blow last week when one of Ontario's most prominent media conglomerates stopped printing 70 community newspapers and announced th
Sep 19, 2023 9:02 AM
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Equinox Gold shares down nearly 20% after convertible debt offering
VANCOUVER — Shares of Equinox Gold Corp. fell nearly 20 per cent in early trading Tuesday after the company announced a deal to raise US$150 million in an offering of convertible debt.
Sep 19, 2023 8:18 AM
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Former Sobeys chief executive and chair David Sobey dies at 92
STELLARTON, N.S. — David Sobey, a former chief executive and chair of the Sobeys Inc. grocery store chain, has died. He was 92 years old. Empire Co. Ltd.
Sep 19, 2023 7:09 AM
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Stock market today: Wall Street drifts again ahead of Fed decision on rates
NEW YORK (AP) — Stocks are drifting again as Wall Street waits for the Federal Reserve’s latest decision on interest rates. The S&P 500 was off 0.2% early Tuesday. The Dow slipped 37 points and the Nasdaq composite was down 0.4%.
Sep 19, 2023 6:40 AM
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