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Vancouver's June home sales down 35% from last year, 16% from May: board

Vancouver's June home sales down 35% from last year, 16% from May: board

Last month's Greater Vancouver area home sales dropped by about 35 per cent since last June and 16 per cent from May 2022 as houses remained on the market longer and interest rates rose, the region's real estate board said Tuesday.
US indexes shake off an early slump and eke out gains

US indexes shake off an early slump and eke out gains

NEW YORK — Major stock indexes shook off an early slump and ended with meager gains on Wall Street Tuesday as worries about the economy continue to weigh on markets. Oil prices slumped, bringing the price of U.S.
Three charges laid for 2019 spill from Newfoundland's Hibernia offshore oil platform

Three charges laid for 2019 spill from Newfoundland's Hibernia offshore oil platform

ST. JOHN'S, N.L. — Newfoundland and Labrador's offshore oil regulator is laying charges in connection with a 2019 oil spill in the Hibernia field, which sits about 315 kilometres off the coast of St. John's.
Bank of Canada's rapid rate hikes likely to cause a recession, study finds

Bank of Canada's rapid rate hikes likely to cause a recession, study finds

The Bank of Canada's strategy of rapidly increasing its key interest rate in an effort to tackle skyrocketing inflation will likely trigger a recession, says a new study released Tuesday
Report recommends pegging minimum wages to average incomes, graduated scale for teens

Report recommends pegging minimum wages to average incomes, graduated scale for teens

OTTAWA — A new report says Canada should replace its "haphazard and unpredictable" approach to minimum wages across the country with a clear formula based on average incomes.
Alberta to intervene in proceedings on Rogers-Shaw deal

Alberta to intervene in proceedings on Rogers-Shaw deal

The attorney general of Alberta will intervene in competition tribunal proceedings regarding the $26-billion merger between Rogers Communications Inc. and Shaw Communications Inc., according to a notice filed Monday.
Saskatchewan ranchers call for investigation into retail meat pricing

Saskatchewan ranchers call for investigation into retail meat pricing

REGINA — A group of Canadian ranchers is calling for an investigation into meat pricing.
Saving for retirement is becoming out of reach for young Canadians

Saving for retirement is becoming out of reach for young Canadians

TORONTO — Twenty-four-year-old Jason Francone has always been pretty good with his money. "Coupons are my middle name; sales are in my DNA," he says. It's not just the art of bargain-hunting that he's mastered, though.
Hecla Mining signs all-stock deal for Alexco Resource

Hecla Mining signs all-stock deal for Alexco Resource

VANCOUVER — Hecla Mining Co. has signed a deal to buy the shares in Alexco Resource Corp. it does not already hold in an all-stock agreement valued at about US$74 million.
Canada says China bars diplomats from Canadian tycoon trial

Canada says China bars diplomats from Canadian tycoon trial

BEIJING (AP) — Chinese authorities refused to let Canadian diplomats attend the trial of a Chinese-born Canadian tycoon who disappeared from Hong Kong five years ago, Canada’s government said Tuesday.
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