Economy
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Doug Ford announces $40M for Ontario auto sector plan
Part of the plan is aimed at workers like those at GM, who can be retrained and still work in automotive.
US unemployment claims rise by 4,000 to 239,000
US economy still healthy; workers enjoy job security.
China, US open trade talks as Beijing says exports rebound
Trump may let the deadline slide if talks are going well; additional duties on $US200 billion of Chinese goods if they don’t.
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Undoing the damage to the economy from the flight of capital
It will require a major shift in policy at both the federal level and in many provinces.
Trump introduces World Bank critic David Malpass to lead it
Since the World Bank was formed in the mid-1940s, the World Bank has always been led by an American.
EU slashes its forecasts for economic growth
Germany, Italy and the Netherlands all saw sizeable downgrades for their growth outlook.
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‘Fog of Brexit’ means UK could enter recession this year
British economy is set to grow at its slowest rate since the global financial crisis.
Canada staying out of US ratification fight over new NAFTA: Leslie
Parliamentary secretary to Foreign Affairs Minister Chrystia Freeland is confident the US and Mexico will ratify the deal.
Trade issues, oil slump, lower spending slow growth: BoC deputy
Uncertainty related to US policies has kept business investment lower than where it should be.
British economy ‘stalling’ amid intensified Brexit worries
Purchasing managers’ survey shows companies increasingly risk averse and eager to reduce overheads.
Ottawa says no to Ontario’s call to drop retaliatory tariffs
Dropping them would amount to unilateral surrender to the Americans.
Nissan decision seen as sign of Brexit business jitters
Japanese automaker will not build the X-Trail model at its existing UK plant in Sunderland.
A third of UK firms consider move abroad over Brexit: survey
Manufacturing firms stockpiled goods at a record rate in January to prepare for potential Brexit disruption to trade.
Small business confidence rises, but behind 2018 levels: CFIB
Manufacturing was down 1.5 points from a 58 in December.
Foxconn factory jobs touted by Trump will not come to pass
Global market that existed when the $10 billion project was announced in 2017 has shifted.
