Statistics Canada says the country’s gross domestic product fell 0.1 percent in January, weighed down by weakness in the wholesale and retail sectors. Here’s a break down of Canada’s entire economic picture.
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CARROLLTON, Texas–(Business Wire)–Demand for apartments across the U.S. is continuing to rise, and the rapid leasing pace is pushing up occupancy and rent growth, according to MPF Research, the rental market intelligence division of RealPage, Inc. (NASDAQ: RP).
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Oil mounted a strong surge last Thursday as Saudi Arabia-led forces carried out a series of airstrikes against Houthi militants in Yemen, part of which is bordered by the Bab el-Mandeb strait, an important shipping “chokepoint.” For the first time in three weeks, Brent oil prices rose to $59 while West Texas Intermediate (WTI) crude closed above $51 after an incredible seven-day rally.
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The good news from the provincial health care announcement on Monday is Medicine Hat Regional Hospital will be getting more than $136 million over the next three fiscal years under the 2015-20 capital plan. But it is unclear how much of that money will go towards the $240-million hospital expansion project.
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On Friday I visited the University of Alberta in Edmonton, where falling oil prices have brought a record provincial budget deficit despite aggressive tax increases and spending cuts. Here I pass along some of what I learned about how the plunge in oil prices is affecting Alberta’s oil sands operations.
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