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CMHC reports annual pace of housing starts up 22% in April

CMHC reports annual pace of housing starts up 22% in April

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in April rose 22 per cent compared with March, powered by an increase in starts of multi-unit urban homes.
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Centerra Gold reports US$73.5-million Q1 loss compared with profit a year earlier

Centerra Gold reports US$73.5-million Q1 loss compared with profit a year earlier

TORONTO — Centerra Gold Inc. reported a US$73.5-million loss in its first quarter compared with a profit of US$89.4 million in the same quarter last year. The Toronto-based gold miner, which keeps its books in U.S.
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Statistics Canada says wholesale sales excluding petroleum down 0.1 per cent in March

Statistics Canada says wholesale sales excluding petroleum down 0.1 per cent in March

OTTAWA — Statistics Canada says wholesale sales excluding petroleum fell 0.1 per cent to $85.6 billion in March, led by a drop in the miscellaneous subsector and the machinery equipment and supplies subsector.
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Cyprus, Israel working on deal for natural gas pipeline, processing plant in Cyprus

Cyprus, Israel working on deal for natural gas pipeline, processing plant in Cyprus

NICOSIA, Cyprus (AP) — Cyprus and Israel are working on a deal to build a pipeline that will convey natural gas from both countries to the east Mediterranean island nation, where it will be liquefied for export by ship to Europe and potentially elsew
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Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks

Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks

NEW YORK (AP) — Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise .
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Ukrainian president says counteroffensive won't aim to attack Russian territory

Ukrainian president says counteroffensive won't aim to attack Russian territory

BERLIN (AP) — Ukrainian President Volodymyr Zelenskyy said Sunday that his country is preparing a counteroffensive designed to liberate areas occupied by Russia, not to attack Russian territory.
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Five things to watch for in the Canadian business world in the coming week

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: Housing data There are a pair of key reports this week expected on Monday that will help economists gauge the health of the housing market in Canada.
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Canadian plywood makers seek duties as cheap Chinese rivals carve out half the market

Canadian plywood makers seek duties as cheap Chinese rivals carve out half the market

It's been years since Carlos Zarate and others in Canada's decorative plywood industry started telling the federal government about a growing problem in their business.
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Swedish singer Loreen wins Eurovision Song Contest for 2nd time at event feting Ukraine

Swedish singer Loreen wins Eurovision Song Contest for 2nd time at event feting Ukraine

LIVERPOOL, England (AP) — Swedish singer Loreen won the Eurovision Song Contest on Saturday night with her power ballad “Tattoo,” at a colorful, eclectic music competition clouded for a second year running by the war in Ukraine.
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Pope Francis meets with Ukrainian President Volodymyr Zelenskyy at the Vatican

Pope Francis meets with Ukrainian President Volodymyr Zelenskyy at the Vatican

ROME (AP) — Ukrainian President Volodymyr Zelenskyy held talks with Pope Francis at the Vatican on Saturday, saying it was a great honor to meet with the pontiff, who has previously offered to do what he can to try to end the war launched by Russia's
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