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Home affordability improves, but still challenging for many Canadians: RBC report

Home affordability improves, but still challenging for many Canadians: RBC report

TORONTO — A new report from RBC Economics says home affordability in Canada is improving, though strains remain. The report says home ownership costs have eased for three consecutive quarters in Canada.
CPA Canada split from Ontario, Quebec groups becomes official

CPA Canada split from Ontario, Quebec groups becomes official

The organizations representing chartered professional accountants in Quebec and Ontario are officially split from CPA Canada as of Friday.
Volkswagen, employee representatives reach wage deal after tough negotiations

Volkswagen, employee representatives reach wage deal after tough negotiations

FRANKFURT, Germany (AP) — Volkswagen's employee representatives said Friday they have reached a wage deal that wards off management proposals for plant closings in Germany and bars involuntary layoffs through 2030.
Volkswagen, employee representatives reach wage deal after tough negotiations

Volkswagen, employee representatives reach wage deal after tough negotiations

FRANKFURT, Germany (AP) — Volkswagen's employee representatives said Friday they have reached a wage deal that wards off management proposals for plant closings in Germany and bars involuntary layoffs through 2030.
Alberta announces new coal mining policy plan, industry consults

Alberta announces new coal mining policy plan, industry consults

EDMONTON — Alberta’s government is announcing new coal mining regulations, expected by the end of 2025, along with a round of consultations with industry players on how to implement them.
Ottawa's proposed shift of elver wealth has a problem: some recipients don't want it

Ottawa's proposed shift of elver wealth has a problem: some recipients don't want it

HALIFAX — Ottawa has hatched a plan to redistribute the wealth of Nova Scotia's baby eel harvest from large licence holders to hard-working, individual fishers like Suzy Edwards and Mark Weldon.
'Definitely busier': Retailers, restaurants see spending boost amid tax holiday

'Definitely busier': Retailers, restaurants see spending boost amid tax holiday

Almost a week into the GST holiday, retailers and restaurant owners appear on track for a sales boost despite some of the struggles they faced implementing the temporary break.
S&P/TSX composite up more than 200 points, U.S. stock markets also rise

S&P/TSX composite up more than 200 points, U.S. stock markets also rise

TORONTO — Canada's main stock index was up more than 200 points in late-morning trading, boosted by widespread gains, as U.S. markets also rose. The S&P/TSX composite index was up 223.19 points at 24,637.13.
Federal government posts $14.5-billion deficit for April-to-October period

Federal government posts $14.5-billion deficit for April-to-October period

OTTAWA — The Finance Department says the federal deficit was $14.5 billion between April and October. That compares to a $15.1 billion deficit over the same period last year. According to the monthly fiscal monitor, revenues were up $26.
Federal Reserve's preferred inflation gauge shows price pressures eased last month

Federal Reserve's preferred inflation gauge shows price pressures eased last month

WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains.