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Stocks tumble as war overshadows 'fantastic' US jobs data

Stocks tumble as war overshadows 'fantastic' US jobs data

NEW YORK (AP) — Stocks around the world racked up more losses Friday, as even a gangbusters report on the U.S. jobs market can't pull Wall Street’s focus off its worries about the war in Ukraine. The S&P 500 fell 0.
Shopify says it has removed most 'pirated' content in copyright lawsuit

Shopify says it has removed most 'pirated' content in copyright lawsuit

Shopify Inc. says it has taken down the vast majority of content that five textbook publishers say is pirated and infringes on their trademarks.
Ottawa needs to help level playing field between Canadian media and big tech: Forum

Ottawa needs to help level playing field between Canadian media and big tech: Forum

OTTAWA — The Public Policy Forum says "urgent" action is needed from the Canadian government to level the playing field between news media and tech giants such as Meta and Google amid broad revenue declines in the media industry.
Strong job growth points to COVID's fading grip on economy

Strong job growth points to COVID's fading grip on economy

WASHINGTON (AP) — In a buoyant sign for the U.S. economy, businesses stepped up their hiring last month as omicron faded and more Americans ventured out to spend at restaurants, shops and hotels despite surging inflation.
Parkland's profit hurt by refinery pause in aftermath of B.C. floods

Parkland's profit hurt by refinery pause in aftermath of B.C. floods

CALGARY — Floods in B.C. and the temporary shutdown of the Trans Mountain pipeline in the fourth quarter of 2021 cost Parkland Corp. approximately $35 million.
MEG chief executive sees 'tremendous demand' for Alberta oil due to Ukraine

MEG chief executive sees 'tremendous demand' for Alberta oil due to Ukraine

CALGARY — The chief executive of MEG Energy Corp. sees "tremendous demand" for Alberta oil due to the war in Ukraine and a European energy crisis.
Higher interest rates could dim valuations for VC-backed startups in Canada: experts

Higher interest rates could dim valuations for VC-backed startups in Canada: experts

TORONTO — Venture capital experts say higher interest rates could trim sky-high valuations Canadian startups have grown accustomed to over the last couple of years, but not right away.
Collision to ban Russian government-backed organizations from tech conference

Collision to ban Russian government-backed organizations from tech conference

TORONTO — A global tech conference being held this summer in Toronto is barring businesses, government officials and media with ties to the Russian government from participating in this year's event.
'Really frustrating': Most communities in Nunavut have no banks

'Really frustrating': Most communities in Nunavut have no banks

IQALUIT, Nunavut — Ameela Aqiatusuk lives in a town that has never had what many Canadians take for granted: a bank. “It's really frustrating.
Diversified bonds can provide volatility hedge while preserving capital

Diversified bonds can provide volatility hedge while preserving capital

TORONTO — It’s been a tough run for bond markets as investors anticipate central bank interest rate rises like the Bank of Canada’s move this week, but financial advisers say it’s still important to have hedges in your portfolio to balance the risks