Canada’s unemployment rate climbs, 7-Eleven rejects Couche-Tard offer and a salmon farming gamble: Business and investing news for Sept. 8

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Plus, Canada’s banks under pressure due to growing competition in a ‘ruthless oligopoly’, RBC chief executive says

Getting caught up on a week that got away? Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies and more.reaching 6.6 per cent

for a third consecutive time, paving the way for additional rate cuts in the coming months. The central bank also reiterated that economic growth needs to pick up so that inflation doesn’t fall below the 2-per-cent target.Japanese parent company of the 7-Eleven chain of convenience stores Seven & i Holdings Co., Ltd. has, saying the proposal grossly undervalues the company.

 

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