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Ottawa changing stress test rate for insured mortgages starting April 6

Ottawa changing stress test rate for insured mortgages starting April 6

OTTAWA — The federal government is changing the stress test rate for insured mortgages starting April 6 that experts say should make it marginally easier for some buyers to purchase their first home, or owners refinancing their existing mortgages.
Coastal GasLink pipeline investor committed to closing deal despite protests

Coastal GasLink pipeline investor committed to closing deal despite protests

CALGARY — An investment firm buying a stake in the Coastal GasLink pipeline says it remains "committed" to the deal despite protester blockades that have shut down railway lines in parts of Canada and threaten to inflict damage to the Canadian econom
Higher gold prices prevent Toronto stock market from slipping into red

Higher gold prices prevent Toronto stock market from slipping into red

TORONTO — Canada's main stock index avoided slipping into the red Tuesday as the price of gold hit a seven-year high. The precious metal moved above US$1,600 an ounce for the first time since March 2013.

Most actively traded companies on the TSX

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,858.34, up 9.98 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Down 16 cents, or 9.7 per cent, to $1.49 on 40.3 million shares.
Air Canada says 737 Max grounding, coronavirus to hurt first-quarter earnings

Air Canada says 737 Max grounding, coronavirus to hurt first-quarter earnings

MONTREAL — Air Canada is bracing for a rough first quarter as the effects of the novel coronavirus and the continued grounding of its fleet of Boeing 737 Max jets bite into sales.
Nova Scotia tables largest single-year capital plan at just over $1 billion

Nova Scotia tables largest single-year capital plan at just over $1 billion

HALIFAX — Nova Scotia's Liberal government has announced the largest single-year capital plan in the province's history at just over $1 billion for 2020-21. The $1.
Business groups call on Ottawa to end rail blockade stranding goods

Business groups call on Ottawa to end rail blockade stranding goods

TORONTO — Urgent action is needed to restore rail service currently being disrupted by anti-pipeline blockades, a group of business leaders said Tuesday.
Centerra Gold reports excavator operator killed at its Kumtor Mine

Centerra Gold reports excavator operator killed at its Kumtor Mine

Toronto-based Centerra Gold Inc. says an employee at its Kumtor Mine in the Kyrgyz Republic in Central Asia has been killed.
HBC says three proxy advisers recommend shareholders back privatization deal

HBC says three proxy advisers recommend shareholders back privatization deal

TORONTO — Hudson's Bay Co. says three proxy advisory firms have recommended shareholders vote in favour of a plan to take the retailer private.
Jeff Bezos commits $10 billion to fight climate change

Jeff Bezos commits $10 billion to fight climate change

NEW YORK — Amazon founder Jeff Bezos said Monday that he plans to spend $10 billion of his own fortune to help fight climate change.