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Inflation ticked up in Europe in May. That likely won't stop a central bank rate cut next week

Inflation ticked up in Europe in May. That likely won't stop a central bank rate cut next week

FRANKFURT, Germany (AP) — Inflation ticked up to an annual 2.6% in Europe in May, according to official figures on Friday. That's more than expected as a painful spike in consumer prices takes its time to fade away .
Loblaw testing out small-format No Frills grocery stores

Loblaw testing out small-format No Frills grocery stores

Loblaw is testing smaller-format discount stores across the country this year as shoppers increasingly look for ways to save on their grocery bill.
Task force lambasted for holding firm on breast cancer screening advice

Task force lambasted for holding firm on breast cancer screening advice

Several cancer experts, surgeons and radiologists swiftly condemned a national task force's draft decision not to lower the recommended routine breast cancer screening age to 40 on Thursday.
'BlackBerry' dominates at Canadian Screen Awards ahead of main event

'BlackBerry' dominates at Canadian Screen Awards ahead of main event

TORONTO — For the first time in more than a decade, "BlackBerry" dominated on Thursday night — at least at a Canadian Screen Awards gala.
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending

US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending

WASHINGTON (AP) — The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government said Thursday in a downgrade from its previous estimate.
Saskatchewan farmer who found space junk in field not alone; others discover debris

Saskatchewan farmer who found space junk in field not alone; others discover debris

Barry Sawchuk is not alone in the space junk universe.
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 (22,071.71, up or down 173.73): Suncor Energy Inc. (TSX:SU). Energy. Up 10 cents, or 0.18 per cent, to $54.57 on 9.8 million shares.
WestJet Encore averts potential pilot strike with tentative deal

WestJet Encore averts potential pilot strike with tentative deal

WestJet Encore and its pilots reached a deal Thursday after two weeks of negotiations, steering clear of a potential strike this week.
Newfoundland and Labrador launching court case against federal equalization program

Newfoundland and Labrador launching court case against federal equalization program

ST. JOHN'S, N.L. — The Newfoundland and Labrador government revealed Thursday that it plans to take Ottawa to court over the federal equalization program, saying it puts Canada’s easternmost province at a disadvantage.
S&P/TSX composite up more than 150 points, U.S. stock markets fall

S&P/TSX composite up more than 150 points, U.S. stock markets fall

Canada's main stock index differentiated itself from sliding U.S. markets Thursday, gaining more than 150 points on the back of better-than-expected quarterly results from Royal Bank and CIBC. The S&P/TSX composite index was up 173.