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Oliver rejects report calling for spending to create jobs, less focus on deficit

OTTAWA — Finance Minister Joe Oliver is rejecting a recommendation from a report issued by the C.D. Howe Institute that he focus more on creating jobs than eliminating a tiny deficit.

The report by McMaster University economics professor William Scarth argues that keeping the deficit at 0.5 per cent of GDP for the next three years could lower the unemployment rate by 0.4 per cent, or create the equivalent of 75,000 additional jobs. READ

BlackBerry appoints new COO

WATERLOO, Ont. — BlackBerry (TSX:BB) has appointed Marty Beard, the former chief executive of LiveOps, Inc. as its new chief operating officer. READ

Key policies out of step: report

OTTAWA — Public-opinion research for the federal Finance Department suggests key government policies are out of step with Canadians’ priorities, including the Northern Gateway project. READ

Loonie stronger than expected in July

TORONTO — The recent strength of the Canadian dollar has been a surprise, given that many economists expected it to stay weak throughout much of the year. READ

Analyst questions Target’s future in Canada

Target’s future in Canada is being questioned by some analysts after the U.S. discount retailer fumbled its initial launch across the country and has struggled to recover. READ

Wave of smarter data collection could transform how business works

A new wave of intelligent sensors, cameras and tracking devices is expected to sweep across Canada over the next few years, quickly transforming how business is done — much as smartphones took communications to a new level of performance. READ

Minimum wage in 2013 same as 1975

The average minimum wage has remained unchanged in real terms for almost four decades, but economists say more recent increases are likely to continue in the coming years. READ

'Serially disappointed’ about economy, Poloz keeps stimulative rates in place

Bank of Canada governor Stephen Poloz says the economy is still not strong enough to stand on its own and will likely need the boost from super-low interest rates for longer than he thought even three months ago. READ

Minimum wage in 2013 same as 1975 in constant dollars: Statistics Canada

The average minimum wage has remained unchanged in real terms for almost four decades, but economists say more recent increases are likely to continue in the coming years. READ

NEB delays Trans Mountain review deadline pending new route studies

VANCOUVER — The City of Burnaby’s refusal to co-operate with Kinder Morgan has forced a seven-month delay in a National Energy Board review of the company’s proposed expansion of its Trans Mountain pipeline through British Columbia. READ

June home sales rise from May and from year ago

OTTAWA — Canadian home sales heated up in June to their best pace since March 2010 after a sluggish start to the year due to the frigid winter and late spring. READ

B.C. sets sights on becoming Asia’s financial hub in the West

VANCOUVER — In a bid to lure more Chinese investment into the province, British Columbia Premier Christy Clark has billed Vancouver “the most Asian city outside of Asia.” READ

Pipeline faces more challenges

VANCOUVER — The Gitga’at First Nation will ask the Federal Court of Appeal to recognize the band’s aboriginal title along the proposed tanker route where ships would be carrying oil from the Northern Gateway pipeline as part of a legal fight against the proposal. READ

Unemployment rate rises to 7.1 per cent in June; job losses among young

The Canadian economy’s capacity to generate meaningful job growth continued to fall short of expectations last month — particularly in Ontario — as employment surprisingly fell by 9,400 nationally in June and by 33,900 in the country’s most populous province. READ

Kenney to consider local exemptions to TFW program after provincial complaints

Employment Minister Jason Kenney said Friday he’s willing to consider “local exemptions” to his recent overhaul of the temporary foreign worker program. READ

Western provinces say they badly need temporary foreign workers

Western provinces have a genuine, pressing need for skilled labour and the federal government’s recent overhaul of its temporary foreign worker program goes too far, the interim Alberta premier said Thursday. READ

With Saskatchewan, N.B. on board, Ottawa says national regulator soon a reality

Finance Minister Joe Oliver welcomed the addition of Saskatchewan and New Brunswick to the federal drive to create a national securities regulator, setting up a timetable to have the new office in operation by the fall of 2015. READ

Jean Coutu eagerly awaits deal expanding role of Quebec pharmacists

LONGUEUIL, Que. — Drug store chain Jean Coutu is eager for the long-delayed implementation of a Quebec law that would expand the role of pharmacists in the health-care system and drive more traffic to its stores. READ

LNG company, First Nations group to work together on plant

A Vancouver-based company and a Vancouver Island First Nation announced plans Tuesday to work together to build a liquefied natural gas plant on aboriginal-owned land on the west coast of Vancouver Island. READ

High-end homes still in hot demand

Canada’s housing market may be cooling, but there’s no loss of appetite for high-end real estate, according to Sotheby’s International Realty Canada. READ

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