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S&P/TSX composite, U.S. markets finish lower as new tariffs take effect

S&P/TSX composite, U.S. markets finish lower as new tariffs take effect

TORONTO — Canada's main stock index lost ground on Friday along with global markets, as U.S. President Donald Trump imposed new tariffs on numerous countries and U.S. job numbers showed signs of softness.
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Wall Street falls the most since May after employers slash hiring and tariffs roll out

Wall Street falls the most since May after employers slash hiring and tariffs roll out

The U.S. stock market had its worst day since May on Friday after the government reported a sharp slowdown in hiring and President Donald Trump imposed sweeping tariffs on imports from a number of U.S. trading partners. The S&P 500 fell 1.
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Moe disappointed by Trump's tariffs but says Carney should remove countermeasures

Moe disappointed by Trump's tariffs but says Carney should remove countermeasures

SASKATOON — Saskatchewan Premier Scott Moe says Prime Minister Mark Carney should start removing counter tariffs against the United States to get a deal done with President Donald Trump. U.
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Corporation for Public Broadcasting to shut down after being defunded by Congress, targeted by Trump

Corporation for Public Broadcasting to shut down after being defunded by Congress, targeted by Trump

WASHINGTON (AP) — The Corporation for Public Broadcasting, a cornerstone of American culture for three generations, announced Friday it would begin taking steps toward its own closure after being defunded by Congress.
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US employers slash hiring as Trump advances a punishing trade agenda

US employers slash hiring as Trump advances a punishing trade agenda

WASHINGTON (AP) — U.S. hiring is slowing sharply as President Donald Trump’s erratic and radical trade policies paralyze businesses and raise doubts about the outlook for the world’s largest economy. U.S.
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Calgary home sales fall 12% in July as inventory reaches pre-pandemic highs: board

Calgary home sales fall 12% in July as inventory reaches pre-pandemic highs: board

CALGARY — The Calgary Real Estate Board says home sales in the city declined 11.6 per cent in July compared with last year as inventory grew to levels not seen since before the pandemic.
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Magna's Q2 profit rises despite tariffs, industry headwinds

Magna's Q2 profit rises despite tariffs, industry headwinds

Magna International Inc. is lowering spending and working to pass on higher costs stemming from tariffs as the company continues to face uncertainties from global trade disruptions.
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Imperial Oil optimistic about major project talks with federal government

Imperial Oil optimistic about major project talks with federal government

The chief executive of Imperial Oil Ltd. says he is encouraged by discussions with the federal government regarding support for industry projects, as the company reported second-quarter results.
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Trump seeks to fire official overseeing jobs data after weak employment report

Trump seeks to fire official overseeing jobs data after weak employment report

WASHINGTON (AP) — President Donald Trump on Friday called for the firing of the head of the agency that produces the monthly jobs figures after a report showed hiring slowed in July and was much weaker in May and June than previously reported.
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Pilot dead, two passengers injured after small plane crash near Ottawa airport

Pilot dead, two passengers injured after small plane crash near Ottawa airport

OTTAWA — The Transportation Safety Board of Canada is investigating after a man died and two were injured in small airplane crash near the Ottawa International Airport on Thursday.
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