An independent human rights board of inquiry considering a complaint filed by Dexter Halliday against Michelin North America (Canada) Inc. will resume on Friday, June 2, not June 19 as earlier announced. The hearing will begin at 9:30 a.m. at the Wandlynn Inn, 50 North St., Bridgewater. The hearing is then scheduled to continue from Monday, June 19, to Friday, June 23. The independent board is being chaired by Gilles Deveau. -30-
The Toronto stock market finished lower as gold prices dropped to a three-week low on increasing expectations the U.S. Federal Reserve will raise interest rates later this year.The S&P/TSX index ended down 71.28 points at 13,791.88.Gold prices were also pulling back a day after the Fed meeting hinted at the possibility it could raise rates in December for the first time in seven years. The December gold contract plunged $28.80 to US$1,147.30 an ounce, while December copper fell four cents to US$2.32 a pound.Bombardier Inc to get US$1 billion from Quebec government to rescue troubled CSeriesSuncor touts performance to reiterate Canadian Oil Sands bidU.S. economy stutters, but doesn’t stallCrude oil prices for December added 12 cents to US$46.06 a barrel.In New York, the Dow Jones industrial average was down 23.72 points at 17,755.80, while the broader S&P 500 shed 0.94 of a point to 2,089.41 and the Nasdaq pulled back 21.42 points to 5,074.27.The Canadian dollar was up 0.15 of a cent at 75.95 cents as the greenback retreated against a number of major currencies.