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Inflation rate spikes to highest level in a decade, at 3.7% in July

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Canada’s inflation rate jumped to 3.7 per cent in July, as the cost of shelter and durable goods went up at a fast enough pace to push the cost of living to its highest level since 2011.

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Here's how a rebrand of Ryerson University could pay off for the school

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Before Ryerson University students begin fall classes, a task force will announce what it believes should be done to deal with the legacy of the Toronto school’s namesake, Egerton Ryerson.

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Twitter to mandate vaccinations for in-office Canadian workers. Will other companies follow?

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Twitter is one of several businesses that has introduced a COVID-19 vaccination requirement for employees returning to the workplace. But some other businesses are still on the fence, as they try to determine their rights in mandating such a policy.

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Profits at grocery chains show how shopping habits are changing a year into the pandemic

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Financial results from Canada’s three largest grocers offered a clearer picture of how the COVID-19 crisis has shaped shopping habits — and how consumers respond when public health restrictions are eased.

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Can climate change escape the tragedy of the commons?

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The author of a 1968 paper called ‘The Tragedy of the Commons’ remains controversial. But the idea that we overuse shared resources lives on — and traditional market solutions may not work in the case of climate change.

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Work from home tax? Google employees who don’t come back in to the old office may get paid less

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Google employees based in the same office before the pandemic could see their pay change if they work from home in another city and choose to not come back to the office, according to a company pay calculator seen by Reuters.

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Canada loosening more travel restrictions for fully vaccinated travellers on Monday 

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On Monday, Canada opens its border to fully vaccinated American travellers. The federal government will also loosen several travel restrictions that apply to Canadians returning home from abroad.

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More than 400,000 dehumidifiers recalled in Canada for fire risk

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Dehumidifiers under the brand names Danby, De’Longhi, Edgestar, Friedrich, Honeywell and others are being recalled in Canada because of a risk of overheating and catching fire.

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Canada still has fewer jobs than it did before the pandemic, even after adding 94,000 new ones last month

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Canada’s economy added 94,000 jobs in July, far fewer than what economists were expecting, but enough to push the jobless rate down to 7.5 per cent.

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How wage and business subsidies are in danger of doing more harm than good

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It is a well-known principle of economics that subsidies are easy to give and hard to take away. But experts say current federal supports may have outlived their usefulness.

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