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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
Dec 24, 2011
Page
5
Grain prices listed for Winnipeg Friday include Jonnes Lakehead bids and related market quotes. Traders monitor Friday's page for Lakehead and regional crop values in a fluctuating market.
Canada’s GDP fell short of expectations in October, ending four months of growth and suggesting a soft fourth quarter. Retail sales rose while utilities and mining lagged, with economists estimating a 1.4 percent annualized fourth quarter growth.
Futures trading on the New York Mercantile Exchange shows ongoing activity in oil and gas contracts. Market participants watch price movements and upcoming settlement data as the commodity sector responds to global supply cues.
Ontario wins appeal to restore a ban on pharmacies substituting their own generic versions of name brands in the ongoing dispute with Shoppers Drug Mart and other chains. The ruling rejects the lower court that had limited provincial authority and keeps fees paid by brand drug makers to shelves under scrutiny. Health Minister Deb Matthews says challenging the February decision was needed to keep drug costs down.
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