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The loonie is trading at lows not seen in years. Here's what it means for Canadians

TORONTO — The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined pressures of economic outlooks, elections, and energy prices weigh. Here's what you need to know.

Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

Meta Platforms Inc. posted stronger-than-expected results for the third quarter on Wednesday as its advertising revenue continued to grow.

Federal government would have to double military spending to meet NATO target: PBO

OTTAWA — The parliamentary budget officer says if the federal government wants to meet NATO's military spending target by 2032 as promised, it will have to almost double defence spending to $81.9 billion.

Ottawa urged to halt imports of endangered monkeys for drug testing, amid U.S. probe

TORONTO — The federal government is facing mounting pressure to investigate the importation of endangered monkeys for medical research in Quebec, after a United States probe allegedly prompted a pharmaceutical giant to sharply increase its imports no

Air Canada to resume daily flights to Beijing, increase service to Shanghai

MONTREAL — Air Canada says it's increasing its service to China including daily flights to Beijing.

Canada Post presents latest contract offer to Canadian Union of Postal Workers

OTTAWA — Canada Post has presented its latest contract offer to the Canadian Union of Postal Workers in a bid to reach a new deal without a labour disruption.

AI will get better than humans at cyber offence by 2030: Hinton Lectures speaker

TORONTO — Artificial intelligence will be able to beat humans at cyber offence by the end of the decade, predicted the keynote speaker at a series of lectures hosted by computer science luminary Geoffrey Hinton this week.

Looking for a new car? What you should know about leasing vs. owning

Leasing a car is a unique financial arrangement and while it has its perks, experts say it suits a fairly slim group of people.

McDonald's value meals turn around US sales in third quarter with customers hungry for deals

Value meals helped turn around McDonald's U.S. sales in the third quarter with customers smarting from higher prices all over, but that recovery could be dented in the final months of the year by an E.

Fewer young Canadians own homes but majority planning to buy within five years: poll

TORONTO — A new report says that while fewer young Canadians own a home compared with three years ago, a majority of millennials and Gen Z adults still plan to purchase one in the next five years.
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