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75% of U.S. owners of Cdn. rec properties bought after foreign buyer ban: survey
TORONTO — A new report from Royal LePage shows 75 per cent of U.S. citizens living in border towns and owning recreational properties in Canada made their purchase after the federal government announced its forthcoming foreign buyer ban.
Nov 29, 2022 2:06 PM
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Canadian home prices expected to fall 3.3% in 2023: Re/Max report
TORONTO — A new report predicts average home sale prices in Canada will fall 3.3 per cent next year with the biggest declines expected in Ontario and Western Canada where some markets may see prices fall 10 to 15 per cent.
Nov 29, 2022 2:01 PM
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Competitors chip away at Tesla's U.S. electric vehicle share
DETROIT (AP) — New electric vehicle models from multiple automakers are starting to chip away at Tesla's dominance of the U.S. EV market, according to national vehicle registration data.
Nov 29, 2022 1:58 PM
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Economists see underlying signs of weakening in third quarter GDP numbers
OTTAWA — Canada saw stronger than expected economic growth in the third quarter, but economists warn the underlying numbers don't paint such a positive picture. Statistics Canada said Tuesday the economy grew at an annualized rate of 2.
Nov 29, 2022 1:51 PM
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Canadians relied on credit more in Q3 as inflation persisted
TORONTO — New data from TransUnion shows Canadians leaned on credit cards and other forms of debt more in the third quarter as high inflation persisted. TransUnion says 27.9 million Canadians held a combined outstanding balance of $2.
Nov 29, 2022 1:21 PM
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Survivor of Virginia Walmart mass shooting files $50M suit
NORFOLK, Va.
Nov 29, 2022 12:40 PM
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Scotiabank reports Q4 profit down as one-time charges offset global banking growth
TORONTO — Scotiabank kicked off bank earnings with results that showed earnings growth in its international banking division, though overall results were weighed down by about $500 million in one-time charges.
Nov 29, 2022 12:13 PM
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China ready for 'closer partnership' with Russia in energy
BEIJING (AP) — China is ready to “forge closer partnership” with Russia in energy, a state news agency quoted President Xi Jinping as saying in a letter Tuesday, potentially expanding ties that irk Washington by helping the Kremlin resist sanctions o
Nov 29, 2022 12:01 PM
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The AP Interview: IMF head urges China to end mass lockdowns
BERLIN (AP) — It is time for China to move away from massive lockdowns and toward a more targeted approach to COVID-19, the head of the International Monetary Fund said days after widespread protests broke out , a change that would ease the impact to
Nov 29, 2022 11:10 AM
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US consumer confidence falls in November for 2nd month
U.S. consumer confidence fell for the second straight month in November amid ongoing high inflation, rising interest rates , and layoffs in the tech sector . The Conference Board reported Tuesday that its consumer confidence index fell to 100.
Nov 29, 2022 10:59 AM
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