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Canada Mortgage and Housing Corp. says annual pace of housing starts slowed in August

Canada Mortgage and Housing Corp. says annual pace of housing starts slowed in August

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in August slowed compared with July as the rate of new home construction continued to slow from their highs earlier this year.
TC Energy sells remaining 15 per cent stake in Northern Courier Pipeline

TC Energy sells remaining 15 per cent stake in Northern Courier Pipeline

CALGARY — TC Energy Corp. says it has signed a deal to sell its remaining 15 per cent stake in the Northern Courier Pipeline to a partnership including Suncor Energy Inc. and eight Indigenous communities.
Indonesian court rules president negligent over pollution

Indonesian court rules president negligent over pollution

JAKARTA, Indonesia (AP) — An Indonesian court ruled Thursday that President Joko Widodo and six other top officials have neglected to fulfill citizens’ rights to clean air and ordered them to improve the poor air quality in the capital.
SpaceX launches 4 amateurs on private Earth-circling trip

SpaceX launches 4 amateurs on private Earth-circling trip

CAPE CANAVERAL, Fla. (AP) — SpaceX’s first private flight streaked into orbit Wednesday night with two contest winners, a health care worker and their rich sponsor, the most ambitious leap yet in space tourism.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,693.79, up 140.54 points.) Canadian Natural Resources (TSX:CNQ). Energy. Up $1.35, or 3.13 per cent, to $44.51 on 30.
Energy, financials propel S&P/TSX composite to best day in nearly two months

Energy, financials propel S&P/TSX composite to best day in nearly two months

TORONTO — Canada's main stock index had its best day in nearly two months as the heavyweight energy and financials sectors got lifts from rising crude oil prices and bond yields.
Salaries expected to rise, but real wages of workers could edge down after inflation

Salaries expected to rise, but real wages of workers could edge down after inflation

Wages are expected to go up in Canada next year, but workers may not feel the difference if salary gains are eroded by rising inflation, according to a new survey and data released Wednesday.
CP to acquire Kansas City Â鶹ÊÓƵern in US$31B deal after CN drops bid

CP to acquire Kansas City Â鶹ÊÓƵern in US$31B deal after CN drops bid

TORONTO — A protracted battle between rival Canadian railways for the acquisition of Kansas City Â鶹ÊÓƵern is over, with Canadian Pacific Railway Ltd. coming out on top.
Rising gas, furniture, car prices drive inflation rate to highest since 2003

Rising gas, furniture, car prices drive inflation rate to highest since 2003

OTTAWA — Prices for furniture, gasoline, food, cars and more leaped higher in August compared with the same month a year earlier as the consumer price index hit a near two-decade high.
DIY-ers benefit from lower prices in aftermath of lumber price correction

DIY-ers benefit from lower prices in aftermath of lumber price correction

CALGARY — Homeowners who resisted the urge to renovate during the first 18 months of the pandemic may find now is their chance, as lumber prices that soared to dizzying heights in the spring have crashed back down to earth.
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