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S&P/TSX composite climbs despite big declines by tech and health care sectors
TORONTO — Canada's main stock index rose after investors returned from a long weekend even as the technology sector was whipsawed by soured sentiment resulting from profit warnings by social media company Snap Inc.
May 24, 2022 3:12 PM
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Canadian banks gear up to report tempered Q2 results after a stellar Q1
TORONTO — Canada's banks are gearing up to release their latest quarterly results amid a volatile backdrop.
May 24, 2022 3:05 PM
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US to end Russia's ability to pay international investors
WASHINGTON (AP) — The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.
May 24, 2022 1:38 PM
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Interest in mortgages from alternative lenders up as rates rise: Brokers
TORONTO — Canadian homebuyers are increasingly considering credit unions and private lenders to secure mortgages as rates rise, brokers say.
May 24, 2022 1:00 PM
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Side gigs and spreadsheets: How two Canadians paid down their student debt faster
Ashley MacPherson, a 33-year-old pharmacist based in Vernon Bridge, P.E.I., owed $128,000 between provincial and federal student loans, as well as a student line of credit, after graduating in 2015.
May 24, 2022 9:29 AM
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Californians could see mandatory water cuts amid drought
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom threatened Monday to impose mandatory water restrictions if residents don't use less on their own as a drought drags on and the hotter summer months approach.
May 23, 2022 1:34 PM
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'Never have I been so ashamed': Russian envoy criticizes war
DAVOS, Switzerland (AP) — A veteran Russian diplomat to the U.N.
May 23, 2022 8:44 AM
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'Late to the party': Seasonal businesses face hiring struggle amid low jobless rate
Seasonal industries are struggling to ramp up ahead of the busy summer rush as Canada's rock-bottom unemployment rate and swelling job vacancies create an acute hiring crunch.
May 23, 2022 8:00 AM
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Wall Street poised for gains after flirting with bear market
NEW YORK (AP) — Wall Street pointed toward gains before markets opened Monday after dipping close to the edge of a bear market to close the week Friday. Futures for the Dow Jones Industrials rose 1% and the S&P 500 climbed 1.
May 23, 2022 5:45 AM
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Zelenskyy urges 'maximum' sanctions on Russia in Davos talk
DAVOS, Switzerland (AP) — Ukrainian President Volodymyr Zelenskyy called for “maximum” sanctions against Russia during a virtual speech Monday to corporate executives, government officials and other elites on the first day of the World Economic Econo
May 23, 2022 5:05 AM
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