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Changing amortization, cap on insured mortgages not the answer to affordability: CMHC
TORONTO — The head of Canada's housing agency says measures such as extending mortgage amortizations and changing the threshold to qualify for an insured mortgage are not the answer to the country's housing affordability challenges.
Jun 19, 2023 12:41 PM
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Ottawa unveils $350-million fund to support green tech in aerospace
PARIS — The federal government says it will invest nearly $350 million to support decarbonization of the aerospace industry.
Jun 19, 2023 12:31 PM
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Empire expands Voilà online grocery home-delivery service into Alberta
STELLARTON, N.S. — Empire Co. Ltd. says it's launching its Voilà online grocery home-delivery service in Calgary, Edmonton and the surrounding areas.
Jun 19, 2023 9:15 AM
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Canadian technology organizations form semiconductor working group
TORONTO — Several Canadian tech organizations are forming a group to advance the country's semiconductor industry. The group is called the Semiconductor Industry Leadership and Innovation Canada Action Network.
Jun 19, 2023 7:53 AM
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'Retail has nine lives' in Canada as 2023 consumer spending strong — for now: Report
Retail sales growth in Canada is continuing to outperform much of the world so far this year, a sign of the ongoing resiliency of Canadian shoppers despite higher inflation and recession predictions, a new report has found.
Jun 19, 2023 2:00 AM
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Why Marty Walsh left the Biden administration to run the NHL players' union
Marty Walsh wasn't a man in a hurry to leave the Biden administration. Less than halfway through the president's term, Walsh was in a comfortable spot in the Cabinet as labor secretary.
Jun 18, 2023 11:54 AM
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'I didn't have the energy to be upset': Entrepreneurs struggle with parental leave
TORONTO — For as long as she has worked, Marie Chevrier Schwartz has paid into Canada's Employment Insurance program. Yet when she eventually needed to collect the benefit, she was denied support.
Jun 18, 2023 8:00 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: OSFI domestic stability buffer The Office of the Superintendent of Financial Institutions will make its semi-annual announcement Tuesday regarding the domestic stab
Jun 18, 2023 8:00 AM
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WestJet to shut down Sunwing Airlines, merge it with mainline business
WestJet will wind down Sunwing Airlines and integrate the low-cost carrier into its mainline business within two years as part of a strategy to streamline operations amid fierce competition.
Jun 17, 2023 3:42 PM
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TD Bank says outage that halted direct deposits has been resolved
TD Bank says it has fixed the technical problems that kept some account holders from getting paid on Friday.
Jun 17, 2023 10:16 AM
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