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The USMCA's self-destruct button: review clause conjures fears of 2018 all over again

The USMCA's self-destruct button: review clause conjures fears of 2018 all over again

WASHINGTON — It's been less than three years since the U.S.-Mexico-Canada Agreement replaced NAFTA as the law of the land in continental trade, and there are already hints of the existential anxiety that preceded it.
New Brunswick's $12.2-billion budget targets challenges that come with growth

New Brunswick's $12.2-billion budget targets challenges that come with growth

FREDERICTON — The New Brunswick government tabled a $12.2-billion budget Tuesday that forecasts a small surplus and promises a funding boost to help stabilize the ailing health-care sector.
Bank and Trust Co. Association pushes for higher deposit limits

Bank and Trust Co. Association pushes for higher deposit limits

TORONTO — The Bank and Trust Companies Association is asking Canada's finance minister to consider raising the insurance limit of account deposits.
Yellen says bank situation stabilizing, different from 2008

Yellen says bank situation stabilizing, different from 2008

WASHINGTON (AP) — Treasury Secretary Janet Yellen projected calm on Tuesday after recent regional bank collapses but told a gathering of bankers that additional rescue arrangements “could be warranted” if any new failures at smaller institutions jeop
Federal minimum wage rising to $16.65 per hour on April 1

Federal minimum wage rising to $16.65 per hour on April 1

OTTAWA — The federal minimum wage is rising to $16.65 per hour on April 1, up from $15.55. The government says the increase is based on the consumer price index, which rose 6.8 per cent in 2022.
N.W.T. diamond mine reports spill of 450 million litres of wastewater

N.W.T. diamond mine reports spill of 450 million litres of wastewater

YELLOWKNIFE — The Diavik Diamond Mine in the Northwest Territories says 450 million litres of wastewater spilled due to a broken pipeline. The spill took place on Feb.
US home sales surged in February as mortgage rates dipped

US home sales surged in February as mortgage rates dipped

LOS ANGELES (AP) — Sales of previously occupied U.S. homes surged in February to the fastest pace in six months as homebuyers seized on a modest drop in mortgage rates. The nation’s median price also edged lower, its first annual drop since 2012.
Inflation in Canada continues to slow, reaffirming BOC's rate pause

Inflation in Canada continues to slow, reaffirming BOC's rate pause

OTTAWA — Canada's annual inflation rate continued to slow last month, reaffirming the central bank's decision to hold its key interest rate steady.
‘Everyone is basically at risk’: How to avoid falling victim to financial fraud

‘Everyone is basically at risk’: How to avoid falling victim to financial fraud

Alejandra Laria Aleaga was thrilled to see a job offer pop into her inbox in October 2021.
BlackBerry strikes new deal to sell portfolio of non-core patents

BlackBerry strikes new deal to sell portfolio of non-core patents

TORONTO — BlackBerry Ltd. has signed a deal to sell a portfolio of what it says are non-core patents related to mobile devices, messaging and wireless networking in an agreement that could be worth up to US$900 million.