TD introduces fractional trading, Canada’s labour market stalls and Loblaw’s growing health care empire: Business and investing news for August 11Getting 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.Canada unexpectedly lost 2,800 jobs in July and the unemployment rate remained unchanged at 6.4 per cent, according to Statistics Canada.
. Hines Interests LP is looking mostly at land in major cities such as Toronto, Vancouver, Calgary and Montreal, where the company can develop apartment rental units, Rachelle Younglai reports. The Houston-headquartered firm, which owns and manages about 850 properties in 30 countries, would reportedly develop rental-only buildings instead of single-family homes or townhomes. The privately-owned company has been sitting on this fund for about two years.
when local unemployment rates are 6 per cent and higher. But many economists criticized the policies over the potential for wage suppression and exploitation of foreign workers, who have weaker labour rights than permanent residents and Canadians, Matt Lundy reports., Salmaan Farooqui reports.
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