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Roots says earnings down as business performed 'below our expectations'

Roots says earnings down as business performed 'below our expectations'

Apparel retailer Roots Corp. downgraded its sales expectations for the current financial year as it grapples with a shortened holiday shopping period and other challenges.
Bank of Canada says Poloz will not seek a second term as governor

Bank of Canada says Poloz will not seek a second term as governor

OTTAWA — The Bank of Canada says governor Stephen Poloz will not seek a second term as governor when his seven-year term expires next year. Poloz, 64, said the role of Bank of Canada governor has been his dream job.
Economy lost 71,200 jobs in November, unemployment rate climbs to 5.9 per cent

Economy lost 71,200 jobs in November, unemployment rate climbs to 5.9 per cent

OTTAWA — The Canadian economy posted its biggest monthly job loss since the financial crisis in November, pushing the unemployment rate higher and raising the possibility the Bank of Canada may cut interest rates next year.
US gains a robust 266,000 jobs; unemployment falls to 3.5%

US gains a robust 266,000 jobs; unemployment falls to 3.5%

WASHINGTON — Hiring in the United States jumped last month to its highest level since January as U.S. employers shrugged off trade conflicts and a global slowdown and added 266,000 jobs. The unemployment rate dipped to 3.5% from 3.
Canopy says new generation of cannabis products won't be on shelves until January

Canopy says new generation of cannabis products won't be on shelves until January

SMITHS FALLS, Ont. — Canopy Growth Corp. says its new generation of cannabis-infused food and beverage products won't be on store shelves until January in most markets.

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

OTTAWA — The national unemployment rate was 5.9 per cent in November. Statistics Canada also released seasonally adjusted, three-month moving average unemployment rates for major cities.

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

OTTAWA — Canada's national unemployment rate was 5.9 per cent in November. Here are the jobless rates last month by province (numbers from the previous month in brackets): — Newfoundland and Labrador 11.2 per cent (11.1) — Prince Edward Island 8.

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

OTTAWA — A quick look at November employment (numbers from the previous month in brackets): Unemployment rate: 5.9 per cent (5.5) Employment rate: 61.7 per cent (62.0) Participation rate: 65.6 per cent (65.
Montreal area home sales up 13 per cent in November, prices rise

Montreal area home sales up 13 per cent in November, prices rise

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal area home sales rose 13 per cent in November compared with a year earlier. The association says there were 4,084 sales in the Montreal metropolitan area.
TSX, US markets move lower ahead of OPEC meeting, US jobs data

TSX, US markets move lower ahead of OPEC meeting, US jobs data

TORONTO — Canada's main stock index fell Thursday while U.S. counterparts stayed relatively flat as investors awaited news from an OPEC meeting and economic data due out tomorrow.