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Employment jumps by 90,000 in April, raising doubts about June interest rate cut

OTTAWA — Canadian employers added 90,000 jobs in April, far surpassing forecasters' expectations and marking the largest employment gain in more than a year.

By The Canadian Press | 05.10.24

OTTAWA — Canadian employers added 90,000 jobs in April, far surpassing forecasters' expectations and marking the largest employment gain in more than a year.

By The Canadian Press | 05.10.24

Compensation in property case should be guided by zoning as watershed area: top court

OTTAWA — The Supreme Court of Canada says the zoning of a St. John's, N.L., property as a watershed area should guide the process of compensating the owners for expropriation of the land.

By The Canadian Press | 05.10.24

OTTAWA — The Supreme Court of Canada says the zoning of a St. John's, N.L., property as a watershed area should guide the process of compensating the owners for expropriation of the land.

By The Canadian Press | 05.10.24

April asking rent prices up 9.3% across Canada; as Ontario sees only decline: report

A new report says the average asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time since January.

By The Canadian Press | 05.10.24

A new report says the average asking rent for a home in Canada in April was up 9.3 per cent compared with a year ago, while a slight month-over-month increase was also recorded for the first time since January.

By The Canadian Press | 05.10.24

S&P/TSX composite edges lower in late-morning trading, U.S. stock markets mixed

TORONTO — Canada's main stock index edged lower in late-morning trading after closing at a record high on Thursday, while U.S. stock markets were mixed.

By The Canadian Press | 05.10.24

TORONTO — Canada's main stock index edged lower in late-morning trading after closing at a record high on Thursday, while U.S. stock markets were mixed.

By The Canadian Press | 05.10.24

Crescent Point reports Q1 loss due to non-cash impairment charge

CALGARY — Crescent Point Energy Corp. reported a loss of in its latest quarter as it was hit by a non-cash impairment charge related to assets in Saskatchewan it is selling.

By The Canadian Press | 05.10.24

CALGARY — Crescent Point Energy Corp. reported a loss of in its latest quarter as it was hit by a non-cash impairment charge related to assets in Saskatchewan it is selling.

By The Canadian Press | 05.10.24

Algonquin Power & Utilities names Chris Huskilson as CEO, reports Q1 loss

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. named Chris Huskilson as its chief executive as it reported a loss in its latest quarter.

By The Canadian Press | 05.10.24

OAKVILLE, Ont. — Algonquin Power & Utilities Corp. named Chris Huskilson as its chief executive as it reported a loss in its latest quarter.

By The Canadian Press | 05.10.24

National employment numbers for April from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's April employment (numbers from the previous month in brackets):

By The Canadian Press | 05.10.24

OTTAWA — A quick look at Canada's April employment (numbers from the previous month in brackets):

By The Canadian Press | 05.10.24

Here's a quick glance at unemployment rates for April, by province

OTTAWA — Canada's national unemployment rate was 6.1 per cent in April. Here are the jobless rates last month by province (numbers from the previous month in brackets):

By The Canadian Press | 05.10.24

OTTAWA — Canada's national unemployment rate was 6.1 per cent in April. Here are the jobless rates last month by province (numbers from the previous month in brackets):

By The Canadian Press | 05.10.24

Here's a quick glance at unemployment rates for April, by Canadian city

OTTAWA — The national unemployment rate was 6.1 per cent in April. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities. It cautions, however, that the figures may fluctuate widely because they are based on small statistical samples. Here are the jobless rates last month by city (numbers from the previous month in brackets):

By The Canadian Press | 05.10.24

OTTAWA — The national unemployment rate was 6.1 per cent in April. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities. It cautions, however, that the figures may fluctuate widely because they are based on small statistical samples. Here are the jobless rates last month by city (numbers from the previous month in brackets):

By The Canadian Press | 05.10.24

Enbridge Q1 profit down on non-cash, net unrealized derivative fair value loss

CALGARY — Enbridge Inc. reported its first-quarter profit fell compared with a year ago as it recorded a non-cash, net unrealized derivative fair value loss as well as costs related to job cuts announced in February.

By The Canadian Press | 05.10.24

CALGARY — Enbridge Inc. reported its first-quarter profit fell compared with a year ago as it recorded a non-cash, net unrealized derivative fair value loss as well as costs related to job cuts announced in February.

By The Canadian Press | 05.10.24