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RONA Inc. getting rid of 500 jobs across Canada, citing 'new market realities'

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The company says decisions like these are never taken lightly.

BOUCHERVILLE, Que. — RONA Inc. says it's eliminating 500 jobs across Canada in a bid to simplify its organizational structure.

The Canadian economy has been showing some signs of weakness amid higher interest rates as the central bank seeks to quell inflation. The Canadian consumer has proven resilient amid tightening conditions, with household spending helping to buoy the economy's growth in the first quarter.

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