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S&P/TSX composite weighed down by losses in energy and telecom; U.S. markets mixed
TORONTO — Canada's main stock index was down more than 150 points Thursday, weighed down by losses in energy and telecom, while U.S. stock markets were mixed. The S&P/TSX composite index was down 153.61 points at 19,774.08.
May 25, 2023 2:52 PM
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Freedom Mobile unveils first nationwide plan following Rogers-Shaw deal
Freedom Mobile will offer a $50 monthly plan that includes unlimited calls and texts as well as 40 gigabytes of data usable throughout Canada and the U.S. following its acquisition by Quebecor Inc.'s Videotron. The $2.
May 25, 2023 1:24 PM
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Should I buy a cottage with friends or family?
MONTREAL — As cottage season dawns, the prospect of joint ownership with family or friends grows anew for many Canadians, budding perennially like a lakeside plant.
May 25, 2023 1:09 PM
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Threat of US credit downgrade looms over debt ceiling talks
WASHINGTON (AP) — With one of three major rating agencies warning that America’s AAA credit is at risk, the stakes are growing in the standoff in Washington over raising the nation's debt limit.
May 25, 2023 12:02 PM
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Virgin Galactic completes final test flight before launching paying customers to space
ALBUQUERQUE, N.M (AP) — Virgin Galactic completed what's expected to be its final test flight Thursday before taking paying customers on brief trips to space.
May 25, 2023 12:00 PM
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More Americans apply for jobless benefits but labor market remains tight
U.S. applications for jobless claims rose slightly last week but remain at healthy levels with companies reticent to let go of employees in a tight labor market.
May 25, 2023 9:33 AM
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Canadian residential mortgage debt hits $2.08 trillion: CMHC
OTTAWA — Canada Mortgage and Housing Corp. says the country's total residential mortgage debt was $2.08 trillion as of January this year, up six per cent from January 2022.
May 25, 2023 9:05 AM
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Supreme Court limits federal power over wetlands, boosts property rights over clean water
WASHINGTON (AP) — The Supreme Court on Thursday made it harder for the federal government to police water pollution in a decision that strips protections from wetlands that are isolated from larger bodies of water.
May 25, 2023 8:37 AM
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11% of Cdns invest in real estate and that total is set to grow: Royal LePage
TORONTO — A new survey shows more than one in 10 Canadians own an investment property — and their ranks are expected to grow over the next five years.
May 25, 2023 7:46 AM
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US economic growth for last quarter is revised up to a still-tepid 1.3% annual rate
WASHINGTON (AP) — The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday in a slight upgrade from its initial estimate.
May 25, 2023 7:43 AM
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