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TSX down almost 1% Friday, U.S. stock markets fall sharply as rate cut hopes wane
TORONTO — Canada's main stock index lost almost one per cent on Friday as the market saw broad-based weakness, while U.S. markets also fell. The downward slide comes as investors have had to swallow a bitter pill this week, with U.S.
Apr 12, 2024 1:40 PM
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Stock market today: Wall Street falls sharply to close out its worst week since October
NEW YORK (AP) — U.S. stocks fell sharply following a mixed start to earnings reporting season. The S&P 500 sank 1.5% Friday. The Dow dropped 1.2%, and the Nasdaq composite fell 1.6% from its record.
Apr 12, 2024 1:07 PM
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Striking crab fishers vow to resume protests at Newfoundland and Labrador legislature
ST. JOHN'S, N.L. — The man who led a fish harvesters protest that shut down the Newfoundland and Labrador legislature building last month says he and his colleagues plan to return on Monday to keep up their fight for what he calls "free enterprise.
Apr 12, 2024 12:59 PM
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Asking rent prices in March up 8.8% from year ago, but down from February: Urbanation
TORONTO — A new report says the asking rent for a home in Canada in March was up 8.8 per cent compared with a year ago, but down from February. The report by Urbanation, which analyzes monthly listings from Rentals.
Apr 12, 2024 11:54 AM
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Jurors in Coutts blockade public mischief trial will hear final arguments next week
LETHBRIDGE, Alta. — The Crown and defence lawyers have wrapped up their cases in the trial of three men accused of orchestrating the border shutdown at Coutts, Alta., in early 2022.
Apr 12, 2024 11:36 AM
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House passes reauthorization of key US surveillance program after days of upheaval over changes
WASHINGTON (AP) — The House voted Friday to reauthorize and reform a key U.S. government surveillance tool following a dramatic showdown on the floor over whether the FBI should be restricted from using the program to search for Americans’ data.
Apr 12, 2024 11:01 AM
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Liberals say their plan to 'solve the housing crisis' will build 3.9M homes by 2031
OTTAWA — The federal Liberals have unveiled their plan to solve the housing crisis, building on recent announcements with new tax incentives, more than a billion dollars for homelessness and a country-wide effort to build more housing on public lands
Apr 12, 2024 10:10 AM
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Home prices expected to climb 4.9% in 2024 as sales rise last month: CREA
The Canadian Real Estate Association says it's now expecting the national average home price to climb 4.9 per cent on an annual basis to $710,468, more than double the hike it had predicted at the start of 2024.
Apr 12, 2024 8:47 AM
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Regulator limiting leverage in bank mortgage portfolios
OTTAWA — Canada's banking regulator says it will be putting limits on how much leverage banks allow in their uninsured mortgage portfolios.
Apr 12, 2024 8:44 AM
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Corus CEO hopeful TV advertisers will return as company posts $9.8M Q2 loss
TORONTO — Despite a drop in advertising revenue, the chief executive of Corus Entertainment Inc. says he is confident the television and radio broadcaster can draw advertisers back as it focuses more on growing digital and streaming audiences.
Apr 12, 2024 8:35 AM
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