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Housing starts up in six largest cities but construction still not closing supply gap

The Canada Mortgage and Housing Corp. says construction of new homes in Canada's six largest cities rose four per cent year-over-year during the first half of 2024, but housing starts were still not enough to meet growing demand.

Tempted to switch to an online-only bank? Know the perks and drawbacks

Switching to an online-only bank more than a decade ago was just another way Jessica Morgan was trying to save money at the time as a new grad.

Hong Kong court sentences journalist to 21 months in jail in case seen as barometer of press freedom

HONG KONG (AP) — A Hong Kong court sentenced a former editor of a shuttered news publication to 21 months in prison on Thursday in a sedition case that is widely seen as an indicator of media freedom in the city, once hailed as a beacon of press free

Economy to grow moderately, rates to fall below three per cent next year: Deloitte

Deloitte Canada expects economic growth to pick up next year as it forecasts the Bank of Canada to cut its key interest rate below three per cent by mid-2025.

Party leaders of different stripes seem to agree on involuntary addiction treatment

FREDERICTON — As they both campaign for re-election, the premiers of British Columbia and New Brunswick appear to agree on one controversial issue: involuntary care for those with severe drug addictions.

Ford wants to build tunnel under Highway 401 across GTA, no cost estimates provided

TORONTO — Ontario is exploring the idea of digging a massive tunnel under Highway 401 to move traffic and transit across the Toronto area, with Premier Doug Ford pledging to build it regardless of what a feasibility study says.

More Indigenous participation in labour market would boost Alberta economy: report

EDMONTON — Increased Indigenous participation in Alberta's labour market could boost the province's GDP by between two and three percentage points, the equivalent of $8 billion to $11 billion annually, according to the findings of a new report.

2024 wildfire season is on track to be second largest in last two decades

Canada's wildfire season is on track to be the second largest in at least the past two decades, trailing only last year's record-breaking season, federal officials said Wednesday.

Population growth slows for first time since pandemic as feds clamp down: StatCan

OTTAWA — Population growth in Canada slowed slightly in the last quarter of the year as the government made efforts to reduce temporary migration into the country, Statistics Canada revealed Wednesday.

Indigenous equity ownership saw momentum in 2024, but still more work to do

CALGARY — When electric utility BC Hydro launched a procurement process earlier this year seeking new sources of clean energy for the province's power grid, it included a specific requirement: projects must be at least 25 per cent owned by First Nati
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