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BoC official warns against playing with mortgage rules to make housing affordable

BoC official warns against playing with mortgage rules to make housing affordable

The Bank of Canada’s senior deputy governor is warning against adjusting mortgage rules to try to make the prospect of homeownership more affordable.
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Pembina Pipeline seeing increased interest from potential Cedar LNG suppliers: CEO

Pembina Pipeline seeing increased interest from potential Cedar LNG suppliers: CEO

CALGARY — One of the partners behind the Cedar LNG project says it has seen an uptick in interest from potential long-term contracted natural gas suppliers since the project was green-lit in June. Calgary-based Pembina Pipeline Ltd.
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MEG says 2024 production to come in at low end of forecast due to wildfires

MEG says 2024 production to come in at low end of forecast due to wildfires

CALGARY — Oilsands producer MEG Energy Corp. expects its full-year 2024 production to come in towards the lower end of its forecast range, in part due to the wildfires that forced a temporary evacuation of its Christina Lake site in July.
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Pot shares fall after efforts to legalize recreational cannabis in U.S. fall short

Pot shares fall after efforts to legalize recreational cannabis in U.S. fall short

TORONTO — Shares in Canada's major cannabis companies fell in early trading after the U.S. election, which saw efforts to legalize recreational cannabis in several states fail. Shares of Canopy Growth Corp. were down $1.61 or about 21 per cent at $6.
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AP VoteCast: Voter anxiety over the economy and a desire for change return Trump to the White House

AP VoteCast: Voter anxiety over the economy and a desire for change return Trump to the White House

WASHINGTON (AP) — A disaffected electorate wanted former President Donald Trump to return to the White House, a blatant rejection of Vice President Kamala Harris and her nearly four years with President Joe Biden.
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Montreal-area home sales jumped in October as prices rose: board

Montreal-area home sales jumped in October as prices rose: board

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales surged 43.8 per cent in October compared with the same month last year.
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Trump win ignites crypto frenzy that sends bitcoin to a record high

Trump win ignites crypto frenzy that sends bitcoin to a record high

LONDON (AP) — The price of bitcoin hit a new high Wednesday and crypto-related shares rallied as investors bet that former President Donald Trump's victory in the U.S. presidential election will be a boon for cryptocurrencies.
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Greater Toronto home sales jump in October after Bank of Canada rate cuts: board

Greater Toronto home sales jump in October after Bank of Canada rate cuts: board

TORONTO — The Toronto Regional Real Estate Board says home sales in October surged as buyers continued moving off the sidelines amid lower interest rates. The board said 6,658 homes changed hands last month in the Greater Toronto Area, up 44.
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CGI reports $435.9M Q4 profit, up from $414.5M a year ago, revenue up 4.4%

CGI reports $435.9M Q4 profit, up from $414.5M a year ago, revenue up 4.4%

MONTREAL — CGI Inc. reported its fourth-quarter profit rose compared with a year ago as its revenue also climbed higher. The business and technology consulting firm says it earned $435.9 million or $1.91 per diluted share for the quarter ended Sept.
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AP VoteCast: Voter anxiety over the economy and a desire for change returns Trump to the White House

AP VoteCast: Voter anxiety over the economy and a desire for change returns Trump to the White House

WASHINGTON (AP) — A disaffected electorate wanted former President Donald Trump to return to the White House, a blatant rejection of Vice President Kamala Harris and her nearly four years with President Joe Biden.
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