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Rail workers reject binding arbitration offer as strike threat still looms: CN

Rail workers reject binding arbitration offer as strike threat still looms: CN

MONTREAL — Rail workers have rejected an offer from Canadian National Railway Co. to enter into binding arbitration, as the country's largest railroad operator tries to steer clear of a strike in a move the union called disingenuous.
'This is a classic case of bait-and-switch': Civil suit brought against Whitecaps, MLS over Lionel Messi no-show

'This is a classic case of bait-and-switch': Civil suit brought against Whitecaps, MLS over Lionel Messi no-show

A local man is looking for full or partial refunds
Commercial real estate trends shifting toward purpose-built rentals: Re/Max report

Commercial real estate trends shifting toward purpose-built rentals: Re/Max report

TORONTO — An analysis of 12 of the largest Canadian commercial real estate markets shows developers have shifted their focus toward purpose-built rental construction, some at the expense of new residential condominiums and commercial buildings.
Vancouver airport saw 31% increase in passengers in 2023

Vancouver airport saw 31% increase in passengers in 2023

CEO Tamara Vrooman says Uber, Lyft shows increase in service to and from YVR.
Canadian teleworkers save over an hour a day, finds StatCan study

Canadian teleworkers save over an hour a day, finds StatCan study

Share of Canadians working from home remains triple that of pre-pandemic levels, a Statistics Canada study has found.
Court orders ICBC to pay $15,000 each to data breach customers

Court orders ICBC to pay $15,000 each to data breach customers

An ICBC employee sold driver information, resulting in a series of shootings and arsons.
Lululemon sees Q1 net income hit $321M, revenues up 10%

Lululemon sees Q1 net income hit $321M, revenues up 10%

VANCOUVER — Lululemon Athletica Inc.'s chief executive says the company's year got off to "a slower start" as it navigated "ongoing choppiness" in the consumer environment, but the company still managed to boost its profit and revenues.
What the Bank of Canada rate cut means for mortgages, consumer loans and investments

What the Bank of Canada rate cut means for mortgages, consumer loans and investments

The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more than four years. Here's what it could mean for your finances.
Banks lower prime rates after Bank of Canada move

Banks lower prime rates after Bank of Canada move

TORONTO — Canadian banks are lowering their prime rates after the Bank of Canada cut its benchmark rate for the first time in four years. Banks including RBC, TD, BMO, CIBC and Scotiabank have lowered their rates to 6.95 per cent from 7.
Bank of Canada cuts key interest rate for first time in more than four years

Bank of Canada cuts key interest rate for first time in more than four years

OTTAWA — The Bank of Canada marked a major turning point in its fight against inflation on Wednesday as it lowered its key interest rate for the first time in more than four years, making it the first central bank in the G7 to cut rates.
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