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US jobless rate sinks to 4.2% as many more people find jobs

US jobless rate sinks to 4.2% as many more people find jobs

WASHINGTON (AP) — America's unemployment rate tumbled last month to its lowest point since the pandemic struck, even as employers appeared to slow their hiring — a mixed picture that pointed to a resilient economy that's putting more people to work.
Canadian and U.S. officials to meet Friday to discuss P.E.I. potato ban

Canadian and U.S. officials to meet Friday to discuss P.E.I. potato ban

FREDERICTON — Officials from Canada and the United States were scheduled to meet Friday to discuss the suspension of exports of Prince Edward Island potatoes south of the border — a trade order that is impacting potato prices in both countries.
Growth in US service sector reaches new heights in November

Growth in US service sector reaches new heights in November

WASHINGTON (AP) — Growth in the services sector, where most Americans work, hit an all-time high in November, overtaking a record that was set the previous month.
S&P/TSX composite down nearly 200 points, U.S. stock markets also lower

S&P/TSX composite down nearly 200 points, U.S. stock markets also lower

TORONTO — Canada's main stock index was down nearly 200 points in late-morning trading, led lower by losses in the technology, base metal and industrial sectors, while U.S. stock markets also fell. The S&P/TSX composite index was down 176.

AltaGas raising dividend six per cent, moving to quarterly payments from monthly

CALGARY — AltaGas Ltd. says it is raising its dividend six per cent for next year and moving to a quarterly payment schedule from monthly payments to shareholders. The company says it will pay a quarterly dividend of 26.
France signs weapons mega-deal with UAE as Macron tours Gulf

France signs weapons mega-deal with UAE as Macron tours Gulf

DUBAI, United Arab Emirates (AP) — France announced multibillion-euro deals Friday to sell fighter planes and combat helicopters to the United Arab Emirates, aiming to boost military cooperation with its top ally in the Persian Gulf amid their shared

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

OTTAWA — The national unemployment rate was 6.0 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 6.0 per cent in November. Here are the jobless rates last month by province (numbers from the previous month in brackets): _ Newfoundland and Labrador 10.4 per cent (13.9) _ Prince Edward Island 8.

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

OTTAWA — A quick look at Canada's November employment (numbers from the previous month in brackets): Unemployment rate: 6.0 per cent (6.7) Employment rate: 61.4 per cent (61.0) Participation rate: 65.3 per cent (65.
BMO reports $2.2B fourth-quarter profit, raises quarterly dividend 25%

BMO reports $2.2B fourth-quarter profit, raises quarterly dividend 25%

TORONTO — BMO Financial Group raised its quarterly dividend 25 per cent and beat expectations as it reported a fourth-quarter profit of nearly $2.2 billion, up from nearly $1.6 billion in the same quarter last year.