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Stocks slide as strong data suggests Fed has more to do
NEW YORK — Stocks closed lower on Wall Street and Treasury yields rose after surprisingly strong economic reports highlighted the Federal Reserve’s difficult fight against inflation. The S&P 500 fell 1.8% Monday.
Dec 5, 2022 4:15 PM
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Montreal home sales for November drop to levels not seen since 2014
MONTREAL — The Quebec Professional Association of Real Estate Brokers says November home sales in Montreal dropped to a level not seen since 2014 as rising interest rates lowered activity and drove up inventory.
Dec 5, 2022 3:56 PM
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Russian oil price cap, EU ban aim to limit Kremlin war chest
FRANKFURT, Germany (AP) — Major Western measures to limit Russia's oil profits over the war in Ukraine took effect Monday, bringing with them uncertainty about how much crude could be lost to the world and whether they will unleash the hoped-for hit
Dec 5, 2022 2:32 PM
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B.C. property assessments higher, but market has changed: assessor
VANCOUVER — British Columbia's property assessment agency is warning homeowners that figures released next month estimating the value of their home will likely be higher than the current market price.
Dec 5, 2022 2:32 PM
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WestJet announces new flights to Tokyo, Barcelona, and Edinburgh
CALGARY — WestJet marks its first non-stop flights to Asia from Calgary as it announced a new route to Japan. The Calgary-based airline said Monday that it will fly to Tokyo's Narita International Airport from Calgary this spring.
Dec 5, 2022 1:19 PM
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Outgoing CEO Al Monaco says Enbridge 'poster child' for an orderly energy transition
CALGARY — Al Monaco may be the outgoing CEO of Canada's largest energy company, but don't ask him to predict the price of oil a decade from now — or even next year.
Dec 5, 2022 11:09 AM
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AltaGas raising quarterly dividend six per cent to 28 cents per share
CALGARY — AltaGas Ltd. is raising its dividend by six per cent. The energy infrastructure company says it will pay a quarterly dividend of 28 cents per share, up from 26.5 cents per share.
Dec 5, 2022 8:38 AM
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Canadian families will pay $1,065 more for groceries in 2023, report says
HALIFAX — Canadians won't escape food inflation any time soon. Food prices in Canada will continue to escalate in the new year, with grocery costs forecast to rise up to seven per cent in 2023, new research predicts.
Dec 5, 2022 5:00 AM
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Outgoing CEO Al Monaco says Enbridge 'poster child' for an orderly energy transition
CALGARY — Al Monaco may be the outgoing CEO of Canada's largest energy company, but don't ask him to predict the price of oil a decade from now — or even next year.
Dec 5, 2022 4:00 AM
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As Musk is learning, content moderation is a messy job
Now that he’s back on Twitter, neo-Nazi Andrew Anglin wants somebody to explain the rules.
Dec 4, 2022 1:02 PM
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