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Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years
The average long-term U.S. mortgage rate climbed this week to its highest level in more…
Access to electric vehicle charging getting better but not quickly enough
OTTAWA – If you live in Montreal or Vancouver and own an electric car, finding…
Hand mixers and kitchen tools hot sellers at Walmart in an era of high prices
NEW YORK (AP) — Walmart racked up another strong quarterly sales gain as its low-prices…
Canopy Growth to sell Hershey Drive facility back to Hershey Canada for $53M
The Hershey building in Smiths Falls, Ont., is headed back into the hands of the…
Canada’s social housing stock lags peer countries. Liberals called on to bridge gap
OTTAWA – If a single mother with a newborn baby starts looking for city-subsidized housing…
Budgeting important part of RESP spending plan as students head to school
OTTAWA – Parents across the country are getting ready to tap into registered education savings…
U.S. jobless claims applications fall as labor market continues to show resiliency
The U.S. labor market continues to flex its muscle as applications for jobless claims fell…
Biden’s Inflation Reduction Act, one year on: ‘It’s restoring the American dream’
WASHINGTON – President Joe Biden rattled off an impressive list of economic wins Wednesday to…
China leaves Canada off list of countries approved for group tours
OTTAWA – Canadians are missing out on major tourism revenue from Chinese visitors as Beijing…
Most actively traded companies on the Toronto Stock Exchange
TORONTO – Some of the most active companies traded Wednesday on the Toronto Stock Exchange:…
Energy sector helps keep S&P/TSX flat Wednesday, U.S. stock markets down
TORONTO – Strength in the energy sector helped buoy Canada’s main stock index to close…
Nova Scotia Power handed $750,000 fine for failing to meet performance standards
HALIFAX – Nova Scotia’s electric utility has been fined $750,000 for failing to meet 2022…
Federal Reserve minutes: Too-high inflation, still a threat, could require more rate hikes
WASHINGTON (AP) — Most Federal Reserve officials last month still regarded high inflation as an…
B.C.-based Carbon Engineering being bought by Occidental for US$1.1 billion
CALGARY – A Canadian company that is pioneering the use of direct air capture technology…
Bank of Ireland glitch allowed customers to withdraw money they didn’t have
NEW YORK (AP) — Some Bank of Ireland customers were able to withdraw money they…
NFI Group reports US$48.1M Q2 loss, ramping up production in second half of the year
Bus maker NFI Group Inc. plans to ramp up production after being hard-hit by supply…
British Museum says staff member dismissed after items were found to be missing, stolen or damaged
LONDON (AP) — The British Museum said Wednesday that a member of its staff has…
VinFast soars in market debut as it pushes North American expansion
TORONTO – Vietnamese electric vehicle maker VinFast Auto Ltd. has soared in its market debut…
Quebec fund manger CDPQ earned 4.2% in first six months of 2023
MONTREAL – The Caisse de dépôt et placement du Québec says it earned a return…
Target Q2 sales ebb on inflation, Pride shopper backlash and it cuts profit outlook
NEW YORK (AP) — Target’s second quarter sales were hit by inflation and a negative…
Wholesale sales excluding petroleum products and oilseeds and grains down in June
OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products and other hydrocarbons and…
CMHC says annual pace of housing starts fell 10% in July
OTTAWA – Canada Mortgage and Housing Corp. says the annual pace of housing starts in…
D-Box Technologies launches strategic alternatives review
MONTREAL – D-Box Technologies Inc. says it has launched a review of strategic alternatives. The…
Housing crisis: Feds stick by immigration plan, rethink international student flows
OTTAWA – The alarm bells are becoming bull horns: Canada’s housing supply isn’t keeping up…