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Federal government posts $9.8-billion deficit for April-to-August period

Federal government posts $9.8-billion deficit for April-to-August period

OTTAWA — The federal government's deficit was $9.8 billion for the April-to-August period. The Finance Department's latest fiscal monitor says the result compared with a deficit of $4.3 billion during the same period a year earlier.
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Retail sales up slightly in August as consumer spending remains muted

Retail sales up slightly in August as consumer spending remains muted

OTTAWA — Canadian retail sales rose 0.4 per cent to $66.6 billion in August, helped by higher new car sales, Statistics Canada said Friday.
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Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

MOSCOW (AP) — Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation as government spending on the military strains the economy’s capacity to produce goods a
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Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

MOSCOW (AP) — Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation as government spending on the military strains the economy’s capacity to produce goods a
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Majority of Canadians would vote for Kamala Harris in U.S. election: poll

Majority of Canadians would vote for Kamala Harris in U.S. election: poll

WASHINGTON — If Canadians could vote in the U.S. election, a majority would choose to send Kamala Harris to the White House.
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Natural gas producers await LNG Canada's start, but will it be the fix for prices?

Natural gas producers await LNG Canada's start, but will it be the fix for prices?

CALGARY — Natural gas producers in Western Canada have white-knuckled it through months of depressed prices, with the expectation that their fortunes will improve when LNG Canada comes online in the middle of next year.
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Yukon's 2023-2024 finances swing into deficit from original surplus forecast

Yukon's 2023-2024 finances swing into deficit from original surplus forecast

Yukon's government says the territory recorded a non-consolidated deficit of more than $42 million, an almost $91-million swing from the original forecast of a surplus of $48-million.
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Owner, operator of ship that caused Baltimore bridge collapse to pay $100M in settlement with US

Owner, operator of ship that caused Baltimore bridge collapse to pay $100M in settlement with US

WASHINGTON (AP) — The owner and manager of the cargo ship that caused the Baltimore bridge collapse have agreed to pay more than $100 million to settle a lawsuit brought by the Justice Department, officials said Thursday.
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McDonald's says onions from California-based produce company linked to deadly E. coli outbreak

McDonald's says onions from California-based produce company linked to deadly E. coli outbreak

A California-based produce company was the source of fresh onions linked to a deadly E. coli food poisoning outbreak at McDonald’s, officials with the restaurant chain said Thursday.
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Owner, operator of ship that caused Baltimore bridge collapse to pay $100M in settlement with US

Owner, operator of ship that caused Baltimore bridge collapse to pay $100M in settlement with US

WASHINGTON (AP) — The owner and manager of the cargo ship that caused the Baltimore bridge collapse have agreed to pay more than $100 million to settle a lawsuit brought by the Justice Department, officials said Thursday.
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