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Canada suffers biggest job loss in nine years

Dismal Canadian job numbers Friday capped off a week of rough financial news, including jaw-dropping volatility on stock markets in Canada and around the globe. Statistics Canada reported record part-time job losses in January that gave Canada’s labour market its biggest one-month drop since the last recession in 2009 — after which stock markets began their bull run. The loss …

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Drought in India curtails chickpea crop, leads to spike in hummus prices

LONDON—British shoppers began noticing in recent weeks that hummus prices were up significantly. The cause: a drought thousands of miles away. Insufficient rains in India have resulted in several years of poor harvests of chickpeas, the main ingredient in hummus. The country, by far the world’s largest producer of chickpeas, grows the legume mostly for domestic consumption. But worse-than-expected harvests …

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Three Canadian solar panel companies sue U.S. over tariffs

Three Canadian solar panel manufacturers have filed a lawsuit against the U.S. government over the 30 per cent tariff it set on solar cell imports last month. Ontario-based Silfab Solar Inc., Heliene Inc., and Canadian Solar Solutions Inc., along with U.S.-based distributor Canadian Solar (USA) Inc., filed the challenge at the U.S. Court of International Trade in New York on …

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