Wealth Growth Daily

Canada

Loblaw to spend $1.5 billion to expand business in Canada, create 6,000 jobs

BY Reuters  • April 14, 2023April 14, 2023
(Reuters) – Loblaw Companies Ltd on Friday said it would spend C$2 billion ($1.50 billion) to expand its business in 2023 and create more than 6,000 new jobs in retail, supply chain, technology[...]
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Business Canada Economy US

Canada ready to become critical minerals provider -minister

BY Reuters  • April 14, 2023April 14, 2023
By Yuka Obayashi and Katya Golubkova SAPPORO, Japan (Reuters) -Canada is ready to become a reliable provider of critical minerals to its international allies including Japan, a senior official said, a[...]
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Asia Business Canada Economy Environment Europe UK Updated US

Lundin’s bid for Chilean copper hints at returning investor optimism

BY Reuters  • April 14, 2023April 14, 2023
By Fabian Cambero and Divya Rajagopal SANTIAGO (Reuters) – Lundin Mining Corp’s bid for control of Chile’s Caserones copper mine comes despite ongoing uncertainty over potential poli[...]
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Asia Australia Business Canada Economy Latin America Politics US

Dollar dips as producer prices cool, euro hits one-year high

BY Reuters  • April 13, 2023April 13, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar fell to a two-month low against a basket of currencies and a one-year low against the euro on Thursday after U.S. producer prices unexpectedly f[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Global bank stress has had ‘muted’ impact on Canada – BoC’s Macklem

BY Reuters  • April 13, 2023April 13, 2023
By Steve Scherer and Ismail Shakil (Reuters) -The banking stress in the United States and Europe has had a limited impact on Canada’s financial system so far, Bank of Canada Governor Tiff Mackle[...]
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Business Canada Economy Updated US

L&G’s fund arm to back climate votes at U.S., Canadian banks

BY Reuters  • April 13, 2023April 13, 2023
By Simon Jessop LONDON (Reuters) -Britain’s biggest asset manager, Legal & General Investment Management (LGIM), said on Thursday it would back a number of climate-focused shareholder resolu[...]
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Business Canada Economy Environment Europe UK Updated US

Airlines, repair shops in N. America eye used, generic parts to keep aircraft flying

BY Reuters  • April 13, 2023April 13, 2023
By Allison Lampert and Abhijith Ganapavaram (Reuters) – Airlines and aircraft repair shops in North America are increasingly relying on used and generic parts to keep jets flying, a symptom of t[...]
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Business Canada Top News US

Dollar drops as inflation cools more than expected

BY Reuters  • April 12, 2023April 12, 2023
By Karen Brettell NEW YORK (Reuters) – The dollar fell on Wednesday after data showed U.S. consumer prices rose less than expected in March, raising expectations that the Fed is likely to stop h[...]
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Asia Australia Business Canada Economy Europe UK Updated US

Bank of Canada holds rates, strikes hawkish tone as recession fears fade

BY Reuters  • April 12, 2023April 12, 2023
By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada on Wednesday left its key overnight interest rate on hold at 4.50% as expected but struck a hawkish tone, playing down market[...]
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Business Canada Economy Politics Updated
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