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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week:
Canadian home sales fall for fifth month in a row, down 29% from last July: CREA

Canadian home sales fall for fifth month in a row, down 29% from last July: CREA

Much of the cooldown attributed to increasing interest rates
Let’s make a deal with Canada on softwood, U.S. senators urge Biden administration

Let’s make a deal with Canada on softwood, U.S. senators urge Biden administration

About 30 per cent of the timber used in the U.S. comes from Canada
Here’s a list of June inflation rates for select Canadian cities

Here’s a list of June inflation rates for select Canadian cities

Inflation climbs in Calgary and Edmonton
EU draws up energy plan in case of Russian gas cutoff

EU draws up energy plan in case of Russian gas cutoff

‘We have to prepare for a potential full disruption of Russian gas’
Canada’s inflation rate climbs to 8.1% in June as gas prices soared

Canada’s inflation rate climbs to 8.1% in June as gas prices soared

Air transportation costs rose 6.4%
WestJet employees in Calgary and Vancouver could be on strike by next Wednesday

WestJet employees in Calgary and Vancouver could be on strike by next Wednesday

Wages are the key issue in negotiations
West Fraser Timber shuts down takeover report; shares spike

West Fraser Timber shuts down takeover report; shares spike

Company says it has not received a proposal and there are no ongoing discussions
Ukraine finalizes ties to IEA as both foresee hard winter

Ukraine finalizes ties to IEA as both foresee hard winter

‘This winter may become a historic test of European solidarity’
Amazon sues admins of 10K Facebook groups over fake reviews

Amazon sues admins of 10K Facebook groups over fake reviews

More than 10,000 fake review groups reported to Meta since 2020