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Housing starts rise from last month, up eight per cent in November: CMHC

Housing starts rise from last month, up eight per cent in November: CMHC

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in November rose eight per cent compared with October, helped by strength in multi-unit starts in Quebec, Alberta and B.C.
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Five things to watch in Canadian business in the new year

Five things to watch in Canadian business in the new year

It was a busy 2024 for Canadian business: the Bank of Canada began cutting interest rates as inflation moderated and labour unions looked to make gains.
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Fall economic update Finance Minister Chrystia Freeland will present the federal government's fall economic statement on Monday.
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Economists see November inflation staying at 2% or slightly rising

Economists see November inflation staying at 2% or slightly rising

TORONTO — Inflation likely hovered at or a little above the Bank of Canada's two per cent target rate in November, economists expect, after Taylor Swift's Eras Tour swept through Toronto and offered a temporary economic boost.
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Banff, Lake Louise brace for even more visitors in 2025 as Jasper rebuilds

Banff, Lake Louise brace for even more visitors in 2025 as Jasper rebuilds

CALGARY — The ripple effect of the wildfire that devastated the town of Jasper last summer could continue to reverberate through Alberta's tourism sector in 2025, industry insiders say.
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ABC agrees to give $15 million to Donald Trump's presidential library to settle defamation lawsuit

ABC agrees to give $15 million to Donald Trump's presidential library to settle defamation lawsuit

NEW YORK (AP) — ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a lawsuit over anchor George Stephanopoulos' inaccurate on-air assertion that the president-elect had been found civilly liable for raping wri
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ABC agrees to give $15 million to Donald Trump's presidential library to settle defamation lawsuit

ABC agrees to give $15 million to Donald Trump's presidential library to settle defamation lawsuit

NEW YORK (AP) — ABC News has agreed to pay $15 million toward Donald Trump’s presidential library to settle a lawsuit over anchor George Stephanopoulos' inaccurate on-air assertion that the president-elect had been found civilly liable for raping wri
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Enbridge reports 265,000-litre oil spill in Wisconsin

Enbridge reports 265,000-litre oil spill in Wisconsin

EDMONTON — Calgary-based pipeline giant Enbridge says it has cleaned up about 60 per cent of a nearly 265,000-litre oil spill in Wisconsin that was discovered last month.
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Canadians express mixed feelings as federal government's two-month GST holiday begins

Canadians express mixed feelings as federal government's two-month GST holiday begins

TORONTO — Shoppers and businesses across Canada are expressing mixed feeling and showing little enthusiasm as a two-month break from the federal GST took effect Saturday.
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Enbridge pipeline spills 70,000 gallons of oil in Wisconsin

Enbridge pipeline spills 70,000 gallons of oil in Wisconsin

OAKLAND, Wis. (AP) — Roughly 70000 gallons (264,978 litres) of oil from a pipeline spilled into the ground in Wisconsin, officials said. The problem was discovered Nov. 11 in Jefferson County, 60 miles (96.
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