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The complex and sometimes controversial task of counting how far a dollar goes

The complex and sometimes controversial task of counting how far a dollar goes

TORONTO — It used to be said that a penny saved was a penny earned, but rising prices helped push out the penny years ago, and with inflation now running at well over seven per cent, it’s eating into every nickel and dime.
China's economy shrinks 2.6% during virus shutdowns

China's economy shrinks 2.6% during virus shutdowns

BEIJING (AP) — China’s economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other cities shut down to fight coronavirus outbreaks, but the government said a “stable recovery” is under way after b
Protesters retreat as Sri Lankan president sends resignation

Protesters retreat as Sri Lankan president sends resignation

COLOMBO, Sri Lanka (AP) — Protesters retreated from government buildings Thursday in Sri Lanka, restoring a tenuous calm to the economically crippled country, and the embattled president at last emailed the resignation that demonstrators have sought
New Mexico, 'Stranger Things' backdrop, hits production peak

New Mexico, 'Stranger Things' backdrop, hits production peak

SANTA FE, N.M. (AP) — New Mexico's film and TV industry has hit a new peak, with record spending by video production companies in a state that drew projects including the Netflix series “Stranger Things.
Russian missiles kill at least 23 in Ukraine, wound over 100

Russian missiles kill at least 23 in Ukraine, wound over 100

VINNYTSIA, Ukraine (AP) — Russian missiles struck a city in central Ukraine on Thursday, killing at least 23 people and wounding more than 100 others far from the front lines, Ukrainian authorities said.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (18,329.06, down 286.13 points.) Enbridge Inc. (TSX:ENB). Energy. Down 17 cents, or 0.3 per cent, to $53.85 on 15.6 million shares.
S&P/TSX composite partially recovers but closes at 16-month low

S&P/TSX composite partially recovers but closes at 16-month low

TORONTO — Canada's main stock index partially recovered from morning weakness but still closed at its lowest level in 16 months after its three largest sectors sustained big blows.
Bank of Canada rate hike contributes to loonie falling to a 20-month low

Bank of Canada rate hike contributes to loonie falling to a 20-month low

TORONTO — The Bank of Canada's largest interest rate hike in 24 years caused the loonie to drop to a 20-month low as investors feared the U.S. Federal Reserve would mirror the full percentage point hike in two weeks.
Footwear brand Aldo completes restructuring, emerges from creditor protection

Footwear brand Aldo completes restructuring, emerges from creditor protection

MONTREAL — Aldo Group Inc. says it has completed a restructuring process it launched in May 2020 when it filed for creditor protection amid COVID-19 pandemic shutdowns.
One third of budtenders hired in the last year already left their job: study

One third of budtenders hired in the last year already left their job: study

TORONTO — Nearly one third of Canadian cannabis retail employees hired over the last year already left their jobs and 24 per cent didn't even make it past their first month, a new study says.