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S&P/TSX composite falls slightly, U.S. markets slip more than one per cent
TORONTO — Canada's main stock index closed with slight losses Thursday, buoyed by strength in energy and metals, while U.S. markets lost more than one per cent amid continued strength in the job market. The S&P/TSX composite index was down 81.
Jan 5, 2023 4:41 PM
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Insurance Bureau ups estimate of hurricane Fiona insured damages to $800 million
TORONTO — The Insurance Bureau of Canada is estimating insured damages from hurricane Fiona will now reach $800 million. The figure is higher than the bureau's original estimate of $660 million.
Jan 5, 2023 4:20 PM
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Another hot reading on job market sends Wall Street lower
NEW YORK — Stocks fell broadly on Wall Street and Treasury yields rose after another hot reading on the job market raised worries that the Federal Reserve will need to continue inflicting pain on the economy to fight inflation.
Jan 5, 2023 4:05 PM
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Project Arrow debuts first Canadian zero-emission vehicle at CES in Las Vegas
LAS VEGAS — The first Canadian zero-emission vehicle debuted today at the Consumer Electronics Show in Las Vegas.
Jan 5, 2023 2:58 PM
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Montreal home sales in December fall 39% compared with year ago: Quebec board
MONTREAL — The Quebec Professional Association of Real Estate Brokers says home sales in Montreal last month fell 39 per cent from a year earlier to a level not seen in December since 2014.
Jan 5, 2023 1:40 PM
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Statistics Canada reports $41M merchandise trade deficit for November
OTTAWA — Canada's merchandise trade balance slipped into a small deficit in November as energy exports fell amid lower prices, Statistics Canada said Thursday.
Jan 5, 2023 12:31 PM
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Consumer insolvencies in November reach highest number since pandemic began
Consumer insolvencies were up 16.3 per cent in November 2022 compared with the same month the year prior, and business insolvencies were up 58.3 per cent. Meanwhile, consumer insolvencies for the 12-month period ended Nov. 30, 2022 were up 9.
Jan 5, 2023 12:15 PM
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German regulator: winter gas shortage increasingly unlikely
BERLIN (AP) — Germany's network regulator said Thursday that a gas shortage is “increasingly unlikely” this winter, but cautioned that it remains important to use the fuel sparingly.
Jan 5, 2023 11:58 AM
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December home sales down 48% from last year as fall from 2021 record continues: TRREB
TORONTO — The Greater Toronto Area capped off a tumultuous year with its ninth straight month of declining home prices and almost half the sales seen a year ago.
Jan 5, 2023 11:31 AM
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Saskatchewan travel agents say they could lose thousands with Sunwing cancellations
Kelly Klassen was driving to central Alberta with her family to visit her brother for the holidays when the emails started filling her inbox. The travel agent from Rosthern, Sask.
Jan 5, 2023 10:24 AM
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