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S&P/TSX composite gains almost one per cent, U.S. markets also rise
TORONTO — Canada's main stock index gained almost one per cent Thursday, buoyed by strength in the energy and financial sectors, while U.S. markets also rose. The S&P/TSX composite index was up 186.15 points at 20,211.20.
Jan 12, 2023 2:43 PM
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Banking regulator launches consultations on mortgage rules, proposes additions
TORONTO — Stricter rules around qualifying for a mortgage could be coming as Canada's banking regulator seeks feedback on several proposals to limit the number of overstretched borrowers.
Jan 12, 2023 2:30 PM
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'Consumer demand is not letting up:' Aritzia posts record sales despite inflation
Canadian fashion brand Aritzia Inc.'s sales momentum continued unabated in its latest quarter, appearing nearly immune to the spending pullback plaguing much of the retail industry amid high inflation.
Jan 12, 2023 2:24 PM
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Wall Street ticks higher as hot US inflation cools further
NEW YORK (AP) — Wall Street closed higher after a report showed inflation slowed again last month. The S&P 500 rose 0.3% Thursday. The Nasdaq and the Dow each rose 0.6%.
Jan 12, 2023 2:10 PM
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Hundreds of jobs affected as Canfor announces pulp line closure at B.C. mill
PRINCE GEORGE, B.C. — An estimated 300 jobs in British Columbia will likely be gone by the end of the year as Canfor Pulp Products closes the pulp line at its Prince George pulp and paper mill.
Jan 12, 2023 1:47 PM
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House votes to block China from buying oil from US reserves
WASHINGTON (AP) — The Republican-controlled House on Thursday voted to block oil from the country's emergency stockpile from going to China.
Jan 12, 2023 12:31 PM
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US inflation eases grip on economy, falling for a 6th month
WASHINGTON (AP) — Rising U.S. consumer prices moderated again last month, bolstering hopes that inflation’s grip on the economy will continue to ease this year and possibly require less drastic action by the Federal Reserve to control it .
Jan 12, 2023 10:33 AM
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How technology used by NASA on Mars could reduce emissions from Canada's oilsands
CALGARY — The same technology used to search for signs of ancient life on Mars could be key to reducing greenhouse gas emissions from the Canadian oilsands.
Jan 12, 2023 10:00 AM
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BoC to lose billions over next few years, posing communications challenge: report
OTTAWA — The Bank of Canada may lose up to $8.8 billion over the next few years, according to a new report warning the central bank may run into a communications challenge as a result of the losses. The report from the C.D.
Jan 12, 2023 8:08 AM
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Looking to insure your engagement ring? Review your home policy first
TORONTO — Diamonds may be forever, but most know all it takes is an errant slip or a forgetful wearer for wedding and engagement rings to end up lost for good. Before walking down the aisle, many Canadian couples look into insuring their new rock.
Jan 12, 2023 8:00 AM
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