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Industry says banning replacement workers will prolong strikes — unions say reverse

Industry says banning replacement workers will prolong strikes — unions say reverse

MONTREAL — Industry leaders are warning that a bill to ban replacement workers during a strike or lockout could lead to greater disruptions in sectors ranging from aviation to package delivery and internet services — a notion unions reject outright.
Stock market today: Wall Street drifts ahead of reports on inflation and big retailers' profits

Stock market today: Wall Street drifts ahead of reports on inflation and big retailers' profits

NEW YORK (AP) — Wall Street drifted through a mixed Monday to open a week that could bring more action to financial markets, with several big reports on the calendar. The S&P 500 slipped 3.69 points, or 0.1%, to 4,411.55.
Average Canadian rent price hits new high for sixth consecutive month: report

Average Canadian rent price hits new high for sixth consecutive month: report

The average asking price for a rental unit in Canada reached $2,178 last month, a 9.9 per cent year-over-year increase and continuing a trend that has seen asking rents hit new highs for six months in a row.
Hyundai joins Honda and Toyota in raising wages after auto union wins gains in deals with Detroit 3

Hyundai joins Honda and Toyota in raising wages after auto union wins gains in deals with Detroit 3

South Korean automaker Hyundai has joined Honda and Toyota in raising factory worker wages after the United Auto Workers union reached new contract agreements with Detroit automakers.
Sustainable funds see net outflows in Q3 for first time since 2020: Morningstar

Sustainable funds see net outflows in Q3 for first time since 2020: Morningstar

TORONTO — Morningstar Inc. says sustainable investment funds saw $22.4 million in net outflows last quarter for the first dip in the segment since the second quarter of 2020.
Sumeru Equity Partners signs agreement to buy Q4 in deal valued at $257 million

Sumeru Equity Partners signs agreement to buy Q4 in deal valued at $257 million

TORONTO — Q4 Inc. has agreed to be taken private by a private equity firm in a deal valued at $257 million. Sumeru Equity Partners has agreed to pay $6.05 per share for Q4, which helps companies communicate with shareholders and hold virtual events.
Dye & Durham shares up after launching strategic review of non-core assets

Dye & Durham shares up after launching strategic review of non-core assets

TORONTO — Shares of Dye & Durham Ltd. were up more than 10 per cent in early trading after the company announced Monday that it has launched a strategic review of its non-core assets in an effort to reduce its debt.
Rescuers dig to reach 40 workers trapped in collapsed road tunnel in north India

Rescuers dig to reach 40 workers trapped in collapsed road tunnel in north India

LUCKNOW, India (AP) — Rescuers were digging through dirt and parts of a collapsed road tunnel Monday to reach 40 workers trapped by a landslide at the construction project in northern India.
Cargojet CEO Ajay Virmani moving to executive chair role, names co-CEOs

Cargojet CEO Ajay Virmani moving to executive chair role, names co-CEOs

MISSISSAUGA, Ont. — Cargojet Inc. says founder and chief executive Ajay Virmani is stepping down and moving to the role of executive chair at the start of next year.
First Quantum ramping down ore processing at Cobre Panama due to boat blockade

First Quantum ramping down ore processing at Cobre Panama due to boat blockade

TORONTO — First Quantum Minerals Ltd. says it has started to reduce ore processing operations at its Cobre Panama mine due to a blockade by small boats at the mine's port as protests against the company's new mining concession agreement continue.