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What soft earnings at Tiffany say about tourism from China

There was something missing at the luxury jeweller Tiffany & Co. in recent months: Chinese tourists. For the second time in a many months, a big seller of high-end goods noticed that a particularly crucial demographic of its shopping base had made itself sparse, damaging sales and stoking fears of …

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Worry and frustration mount in Alberta as oil prices languish

The street outside Calgary’s downtown Hyatt hotel was teeming with pro-oil demonstrators Thursday, forcing police to close traffic along a busy avenue as the growing crowd spilled over the sidewalks. While a business audience streamed inside the hotel to listen to the prime minister speak, the large crowd chanted, “Build …

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Inflation rate inches up to 2.4% in October

Canada’s annual inflation rate remained above the central bank’s target for the ninth straight month in October, data showed on Friday, but markets saw few signs the Bank of Canada would hike interest rates next month. Statistics Canada said the annual inflation rate edged up to 2.4 per cent from …

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