Financing
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Global uncertainty prompts rethink of B.C. budget projections: finance minister
Reduced forecasts reflect B.C.’s concerns over potential negative economic impacts of trade disputes between the U.S. and China and Brexit
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Retailer Roots reports nearly $9.7M Q2 loss, falls short of expectations
Losses can be linked to a drop in store traffic and a delay in the flow of product to stores due to a transition to a new distribution centre
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UW Madison says Foxconn slow in fulfilling $100M pledge
The Foxconn pledge requires UW-Madison to fundraise to match its donation, and the school has yet to launch such a campaign
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Quebec, Ontario first targets in launch of Conservative election campaign
All three federal parties have been in campaign mode for weeks, despite the fact an election has yet to be officially called
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U.S. officials defend plan to end govt control of Fannie, Freddie
Officials are testifying before the Senate Banking Committee on the plan for returning Fannie Mae and Freddie Mac to private ownership
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Germany aims for balanced budget to prepare for downturn
Some have called for Germany to spend more at a time when the cost of government borrowing is extremely low
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Advocates sound alarm on unfolding disaster in salmon fishing industry
The lack in salmon has also put pressure on other species of fish and there’s been a decline in their numbers
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Shopify to buy fulfilment solutions company 6 River Systems for US$450M
The move is in keeping with a strategic plan to spend over US$1 billion to establish a network of U.S. fulfilment centres
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Study says resource rich Quebec should charge into lithium-ion sector
With seven lithium mines in development as of January 2019, a development plan should set its sights on refining ore to the quality required for lithium-ion batteries, says report
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Fitch cuts Hong Kong credit rating, citing protests
The reduction is a new blow to Hong Kong officials who are trying to reverse an economic downturn in a major financial and trading centre amid anti-government protests
