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Housing crunch prompts efforts to stabilize immigration levels, say federal ministers

Housing crunch prompts efforts to stabilize immigration levels, say federal ministers

OTTAWA — Housing Minister Sean Fraser and Immigration Minister Marc Miller say the federal government is working to stabilize the number of people entering the country every year as housing pressures mount.
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 Friday on the Toronto Stock Exchange: Toronto Stock Exchange (20,990.22, up 71.82 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 31 cents, or 0.38 per cent, to $80.49 on 15.2 million shares.
Canada embarks on preclearance pilot project on U.S. side of Quebec/N.Y. land border

Canada embarks on preclearance pilot project on U.S. side of Quebec/N.Y. land border

WASHINGTON — Canada is embarking on an effort to test the boundaries of its shared border with the United States, launching a pilot project that would allow northbound land travellers to clear customs while still on U.S. soil.
TSX rises Friday, while U.S. markets end mixed on inflation data, bank earnings

TSX rises Friday, while U.S. markets end mixed on inflation data, bank earnings

TORONTO — Canada's main stock index posted a small gain Friday, while U.S. markets were mixed following a report on wholesale inflation and the start to fourth-quarter earnings season. The S&P/TSX composite index closed up 71.82 points at 20,990.
73% of pot purchases from legal sources, up from 37% in 2019: Health Canada

73% of pot purchases from legal sources, up from 37% in 2019: Health Canada

OTTAWA — An annual survey from Health Canada shows 73 per cent of respondents are buying their cannabis from legal sources. That number compares with 37 per cent in 2019, the year after Canada first legalized cannabis.
Stock market today: Wall Street closes out its 10th winning week in 11 with a mixed finish

Stock market today: Wall Street closes out its 10th winning week in 11 with a mixed finish

NEW YORK (AP) — Wall Street drifted to a mixed finish as it closed out its 10th winning week in the last 11. The S&P 500 ended Friday up 0.1% and remains within 0.
Income gap between new immigrants and all Canadians shrunk by half in four years: PBO

Income gap between new immigrants and all Canadians shrunk by half in four years: PBO

OTTAWA — The income gap between Canada's newest immigrants and other Canadian workers has narrowed significantly, a new report from the parliamentary budget officer said Friday.
US intensifies oversight of Boeing, will begin production audits after latest mishap for planemaker

US intensifies oversight of Boeing, will begin production audits after latest mishap for planemaker

The Federal Aviation Administration says it will increase oversight of Boeing and audit production of the 737 Max 9 jetliner after a panel blew off an Alaska Airlines plane in midflight last week, the latest in a string of mishaps at the troubled air
Banks upbeat on US consumer despite bank profit declines, inflation and rising debt levels

Banks upbeat on US consumer despite bank profit declines, inflation and rising debt levels

NEW YORK (AP) — The biggest banks in the country posted strong profits last year, helped by higher interest rates and a strong economy, despite having to deal the lingering industry costs of last year's banking crisis that caused the collapse of Sili
Bitcoin ETF approvals both cause for caution and 'watershed moment': experts

Bitcoin ETF approvals both cause for caution and 'watershed moment': experts

TORONTO — The price of Bitcoin hit highs this week not seen in more than two years after a U.S.