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Mutual fund sales anemic in April


Investors remained cautious as sales of mutual funds in April were unusually weak, an industry group said Friday.

U.S. job losses smaller than expected in April
The weakened U.S. economy shed about 20,000 jobs in April - the fourth month in a row of job losses - but that was far smaller than the loss that economists had been forecasting.

Buyer beware, Nova Scotia warns scrap metal dealers
The Nova Scotia government plans to crack down on the sale of stolen scrap metal by requiring dealers to keep records of their transactions.

Income gaps grow, as Canada’s have-nots get left behind
New income figures from the 2006 census show that the most vulnerable groups in Canada are not sharing in Canada’s prosperity boom, Statistics Canada says.

Heatley passes Yzerman in Canadian romp
Dany Heatley notched a goal and three assists to become his country’s leading scorer in the modern era of the world hockey championship as Canada demolished Latvia 7-0 Sunday in Halifax.

Nortel loss widens
Nortel Networks reported a wider first-quarter loss on Friday and reported revenue that was ahead of analysts’ projections.

Weak wood market sends Canfor to bigger loss
Weak prices for lumber and wood panels because of the U.S. economic slowdown contributed to a deeper first quarter loss at forest products company Canfor Corp.

Ontario man wants Boomer the lion returned to him
An Ontario man is demanding that a lion cub recaptured near Maniwaki, Que., early Thursday morning after an intensive police search be returned to him.

Are download limits anti-competitive?
Caps imposed by ISPs are seen as a threat to video download services offered by the likes of Microsoft and Apple.

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