Recent Business Headlines

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at 13:52 on October 06, 2015, EDT.

IMF report cuts growth outlook for Canada to 1.0 per cent for this year

OTTAWA - The International Monetary Fund has cut its growth outlook for the Canadian economy to just 1.0 per cent for the year, due to the drop in oil prices and reduced investment in the energy sector.


at 13:41 on October 06, 2015, EDT.

United Auto Workers threaten strike Wednesday night in contract talks with Fiat Chrysler

DETROIT - The United Auto Workers union is threatening to go on strike against Fiat Chrysler after its membership rejected a tentative contract deal with the company.


at 12:27 on October 06, 2015, EDT.

IMF expects world economy to register slowest growth since 2009, sees risk in emerging markets

LIMA, Peru - China's slowdown and tumbling commodity prices will push global economic growth this year to the lowest level since the recession year 2009, the International Monetary Fund predicted Tuesday.


at 11:31 on October 06, 2015, EDT.

Toronto Stock Exchange up, loonie gains value, U.S. markets volatile

TORONTO - The Canadian dollar and the Toronto stock market were higher Tuesday morning but U.S. indexes were having a volatile day..


at 11:26 on October 06, 2015, EDT.

Carillion Canada fined $900,000 for not properly clearing QEW during two storms

TORONTO - Ontario drivers are being promised better maintained highways this winter after the government hit a company contracted to clear roads with $900,000 in fines.


at 09:45 on October 06, 2015, EDT.

Trade deficit grows to $2.5B in August compared with $817M deficit in July

OTTAWA - Statistics Canada says the country's trade deficit with the world increased to $2.5 billion in August as exports fell due to a sharp drop in oil prices.


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