News of the day: Interfor’s move to U.S., job gains, AMD buying Taalas, interest rate expectations, short-term investing and more

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Or sign-in if you have an account.The United States accounted for 84 per cent of Interfor Corp.’s lumber sales in 2025. Photo by PostmediaIt’s Friday, August 7. Here are the top stories we’re following today.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountCanadian lumber company Interfor Corp. confirmed plans Friday to move corporate support functions to the United States from its Burnaby, B.C. headquarters. The economy added 75,000 new jobs in July with gains in a wide range of industries. Photo by DAN JANISSE/PostmediaThe Canadian economy added 75,000 new jobs in July pushing the unemployment rate down to 6.4 per cent, the lowest level in two years and the third consecutive monthly decrease.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again Toronto is failing to hold on to high-potential Canadian semiconductor startups, say industry insiders. Photo by ShutterstockSilicon Valley chip giant Advanced Micro Devices Inc. announced on Thursday that it will buy Toronto-founded Taalas Inc. for an undisclosed price, making Taalas the latest high-potential Canadian semiconductor startup to be acquired by an American company or leave for the United States. July’s job gains were ‘much stronger’ than economists had expected. Photo by OLIVIER DOULIERY/AFP via Getty ImagesHere’s what economists had to say about the latest jobs numbers and what they could mean for the Bank of Canada’s future interest rate decisions. Safety and access matter more than chasing yield for short-term investing. Photo by Getty Images/iStockphotoGood planning is less about chasing the highest return and more about making sure the money is in the right place, for the right purpose, at the right time.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.