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Home prices post second-biggest monthly jump since 2006: Teranet

Home prices post second-biggest monthly jump since 2006: Teranet

TORONTO — Home prices posted the second-highest increase ever recorded in a single month after the one observed in July 2006, according to the latest Teranet-National Bank composite index. The index for July was up 2.
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Flair Airlines to speed up pilot training with new program

Flair Airlines to speed up pilot training with new program

In the face of a North American pilot shortage, Canadian discount carrier Flair Airlines is launching a unique training program that will fast-track candidates into the cockpits of the company's jets.
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LinkedIn launches government ID-based verification in Canada to build trust

LinkedIn launches government ID-based verification in Canada to build trust

TORONTO — Canadian LinkedIn users wanting to ensure the public that they're the real deal now have another method of verifying their online/digital identity: government identification.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,812.23, down 86.84): Suncor Energy Inc. (TSX:SU). Energy. Up $1.08, or 2.51 per cent, to $44.18 on 10.5 million shares.
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S&P/TSX composite moves lower Thursday despite energy gains, U.S. stock markets down

S&P/TSX composite moves lower Thursday despite energy gains, U.S. stock markets down

TORONTO — Strength in energy stocks Thursday wasn't enough to keep Canada's main stock index from posting a loss amid weakness in tech and other sectors, while U.S. markets also declined.
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Stock market today: Wall Street slumps again as higher bond yields keep biting

Stock market today: Wall Street slumps again as higher bond yields keep biting

NEW YORK (AP) — Wall Street fell for a third straight day as rising yields in the bond market keep cranking up the pressure. The S&P 500 lost 0.8% Thursday, with August on track to be its worst month of the year by far.
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Ford announces $1.2B EV battery material plant with funding from Quebec, feds

Ford announces $1.2B EV battery material plant with funding from Quebec, feds

BÉCANCOUR, Que. — Ford Motor Co. and its South Korean partners said Thursday they're building a $1.2 billion manufacturing plant for electric vehicle battery material in Quebec with the help of government funding.
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Canadian fintech valuations hit pandemic-era levels as investment sinks: report

Canadian fintech valuations hit pandemic-era levels as investment sinks: report

TORONTO — Investment in Canadian fintech companies plunged in the first half of the year as valuations fell to levels not seen since the beginning of the pandemic, says a report by KPMG in Canada.
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Metro asks Labour Ministry for help reaching deal with striking GTA workers, Unifor

Metro asks Labour Ministry for help reaching deal with striking GTA workers, Unifor

TORONTO — Metro Inc. has asked a conciliation officer to step in and help it find a resolution to a strike by grocery store workers in Toronto, the grocer said Thursday.
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Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years

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 than 20 years, pushing up borrowing costs for homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.
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