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Mortgage lending among top risks facing financial system: OSFI

Mortgage lending among top risks facing financial system: OSFI

OTTAWA — Canada's banking regulator says real estate secured lending and mortgages are among the top risks facing the country's financial system as higher interest rates put pressure on borrowers.
‘Geopolitical tensions’ mean more business for Héroux-Devtek, as defence needs rise

‘Geopolitical tensions’ mean more business for Héroux-Devtek, as defence needs rise

MONTREAL — Global strife has boosted demand for Héroux-Devtek Inc. wares, with the continued rebound in commercial travel adding to its record sales last quarter, said CEO Martin Brassard. "The aerospace industry outlook remains very strong.
Imperial starts production at new oilsands project using lower-emissions technology

Imperial starts production at new oilsands project using lower-emissions technology

CALGARY — Imperial Oil Ltd. says it has started production at its new Grand Rapids oilsands project located at its Cold Lake operating site. The Calgary-based company, which is majority owned by U.S.
Barbie will make dolls to honor Venus Williams and other star athletes

Barbie will make dolls to honor Venus Williams and other star athletes

EL SEGUNDO, Calif. (AP) — Barbie dolls will honor tennis champion Venus Williams and eight other athletes as part of a project announced by Mattel on Wednesday.
Technology and business consulting company CGI names François Boulanger as next CEO

Technology and business consulting company CGI names François Boulanger as next CEO

MONTREAL — CGI Inc. says François Boulanger will be promoted to the role of president and chief executive, effective Oct. 1.
Canadians feel grocery inflation getting worse, 18% are boycotting Loblaw: poll

Canadians feel grocery inflation getting worse, 18% are boycotting Loblaw: poll

Almost two-thirds of Canadians feel that inflation at the grocery store is getting worse, a new poll suggests, even as food inflation has been steadily cooling.
Banks to report second-quarter results as credit concerns persist

Banks to report second-quarter results as credit concerns persist

TORONTO — While there’s still room for surprises, Canadian banks are set to report results after a second quarter that was notable for its economic steadiness. The quarter marked a sharp contrast from a year earlier, when bank failures in the U.S.
Indigenous CBC employee's discrimination claims to be heard by human-rights tribunal

Indigenous CBC employee's discrimination claims to be heard by human-rights tribunal

OTTAWA — An Indigenous employee with the Canadian Broadcasting Corp. is taking up the fight against what he describes as systemic racism by his employer.
Israel's block of AP transmission shows how ambiguity in law could restrict war coverage

Israel's block of AP transmission shows how ambiguity in law could restrict war coverage

NEW YORK (AP) — Israel's shutdown and seizure of an Associated Press video camera that provided a live glimpse into Gaza alarmed many journalists, who worried Tuesday about wider implications for coverage of a war largely fought out of the world's si
Trudeau touts democracy, freedom and trade ties in visit to Philadelphia

Trudeau touts democracy, freedom and trade ties in visit to Philadelphia

PHILADELPHIA — There is lots of work to do to fight for progressive values and workers on both sides of the Canada-United States border, Prime Minister Justin Trudeau said Tuesday during a trip to Philadelphia.