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Average rent in Canada up 10.7% since last year: report

Average rent in Canada up 10.7% since last year: report

TORONTO — A new report says the average listed rent for all property types in Canada jumped by 10.7 per cent year-over-year in January, the ninth straight month of double-digit increases. The report from Rentals.
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Indigo risks reputational damage as outage drags on: experts

Indigo risks reputational damage as outage drags on: experts

TORONTO — The risks of reputational damage are growing for Indigo Books & Music Inc. as its website remains off-line more than a week after a cyberattack, experts say. The company first announced on Feb.
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Feds restrict funding of research with foreign agencies deemed to pose security risk

Feds restrict funding of research with foreign agencies deemed to pose security risk

OTTAWA — The federal government is moving to tighten its policy on bankrolling research with foreign entities that might pose a risk to national security.
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Experts react to January home sales, which dropped 37.1 per cent

Experts react to January home sales, which dropped 37.1 per cent

Canadian home sales were down 37.1 per cent in January compared with a year earlier, according to new figures from The Canadian Real Estate Association (CREA). It was the worst January for home sales since 2009.
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Austin’s city manager fired over widespread power outages

Austin’s city manager fired over widespread power outages

AUSTIN, Texas (AP) — Austin's city manager was fired Wednesday in the wake of outrage over a slow and fumbled response to a winter storm power outage that left thousands of people in the Texas capital without electricity for a week or longer.
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Alaska carbon plan: Boost state coffers without cutting oil

Alaska carbon plan: Boost state coffers without cutting oil

JUNEAU, Alaska (AP) — Oil-dependent Alaska has long sought ways to fatten its coffers and move away from the fiscal whiplash of oil’s boom-and-bust cycles. The newest idea, promoted by Republican Gov.
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Magna announces Ontario expansion, new Brampton facility

Magna announces Ontario expansion, new Brampton facility

BRAMPTON, Ont. — Magna is announcing it is putting more than $470 million into bolstering its Ontario operations, including an electric vehicle battery enclosure facility northwest of Toronto. The company says the new operation in Brampton, Ont.
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Uber introduces audio recording feature for Canadian riders, drivers

Uber introduces audio recording feature for Canadian riders, drivers

TORONTO — Uber Technologies Inc. is introducing a new feature in Canada today that gives riders and drivers the ability to record audio of their trips.
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Home sales in Canada post worst start to the year since 2009: CREA

Home sales in Canada post worst start to the year since 2009: CREA

Home sales in Canada posted their worst start to the year since 2009 as January sales fell 37.1 per cent compared with the start of 2022 and prices continued to fall, the Canadian Real Estate Association said Wednesday.
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Decision on new Suncor CEO expected 'very soon'

Decision on new Suncor CEO expected 'very soon'

CALGARY — Suncor Energy Inc. did not announce the name of its new CEO on its fourth-quarter earnings call Wednesday, though interim chief executive Kris Smith said a decision is expected "very soon.
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