The unemployment rate in Newfoundland and Labrador rose slightly last month to 16.5 per cent from 16.3 in May. Nationally, the rate stood at 12.3 per cent.
Alberta is second-highest among provinces at 15.5 followed by PEI at 15.2, Nova Scotia and BC at 13.0. New Brunswick is below double digits at 9.9 per cent.
U.S. stock markets move higher to start August; gold up – Business News – Castanet.net
U.S. stock markets started the month higher as the price of gold briefly surpassed US$2,000 an ounce.
In New York, the Dow Jones industrial average was up 118.61 points at 26,546.93. The S&P 500 index was up 18.14 points at 3,289.26, while the Nasdaq composite was up 113.36 points at 10,856.90.
The S&P/TSX composite index was closed due to the Civic Holiday in many provinces.
The Canadian dollar traded for 74.44 US compared with 74.60 on Friday.
The September crude contract was up 17 cents at US$40.44 per barrel and the September natural gas contract was 15.3 cents at US$1.95 per mmBTU.
The December gold contract, which had the highest trading volume, was down US$3.20 at US$1,982.70 an ounce after peaking at US$2,009.50. The September copper contract was up 4.15 cents at nearly US$2.91 a pound.
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Holiday open/closed – Quinte News
It’s a holiday Monday today but as a civic instead of a statutory holiday, it will be business as usual for some.
While government offices and banks will be closed, large retail stores like Walmart, Giant Tiger, and grocery stores will be open, but could be on reduced hours. Drug stores will be open.
The Quinte Mall will be open from 10 until 6 today.
LCBO outlets will be closed today, while the Beer Store on Station Street in Belleville will be open as will the Beer Store in Trenton.
Belleville Transit will not run today.
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