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Carney touts housing credentials of Vancouver ex-mayor Robertson as he joins cabinet

Carney touts housing credentials of Vancouver ex-mayor Robertson as he joins cabinet

OTTAWA — Prime Minister Mark Carney says Gregor Robertson brings "the type of experience" needed to help tackle Canada's housing crisis after a decade as the mayor of Vancouver – a period that coincided with sharp increases in the city's home prices.
Ontario mayor remains hopeful Honda's EV plant will be built, despite delay

Ontario mayor remains hopeful Honda's EV plant will be built, despite delay

The mayor of an Ontario municipality set to be the home for Honda's now-postponed $15-billion electric-vehicle project said Tuesday he is not giving up hope on the plant.
Nova Scotia to lift licensing moratorium for buyers and processors in seafood sector

Nova Scotia to lift licensing moratorium for buyers and processors in seafood sector

HALIFAX — Nova Scotia is lifting two long-standing moratoriums on new buyer and processor licences for seafood as it looks to grow the multibillion-dollar sector, the provincial government announced Tuesday. Beginning Aug.
Robinhood Markets signs deal to buy WonderFi Technologies for $250M

Robinhood Markets signs deal to buy WonderFi Technologies for $250M

TORONTO — Robinhood Markets Inc. has signed a deal to buy Canadian cryptocurrency company WonderFi Technologies Inc. for $250 million. WonderFi owns cryptocurrency platforms Bitbuy and Coinsquare.
Hudson's Bay creditor protection extended until July 31

Hudson's Bay creditor protection extended until July 31

TORONTO — An Ontario court has extended Hudson’s Bay’s reprieve from the hundreds of businesses it owes money until the end of July.
Key portfolios for business community to watch as Carney's cabinet sworn in

Key portfolios for business community to watch as Carney's cabinet sworn in

Canada's business community will be monitoring files across various portfolios after Tuesday's swearing-in of Prime Minister Mark Carney's new cabinet.
Theft of NS Power customer data is likely ransomware attack: security experts

Theft of NS Power customer data is likely ransomware attack: security experts

HALIFAX — Security experts say the theft of customer data from Nova Scotia's electric utility has the hallmarks of an extortion attempt by cybercriminals.
Six-month lockout ends at Montreal's storied Queen Elizabeth hotel

Six-month lockout ends at Montreal's storied Queen Elizabeth hotel

MONTREAL — Unionized employees at Fairmont The Queen Elizabeth Hotel have agreed to a new contract, putting an end to a six-month lockout at the storied Montreal landmark.
Scotiabank signs referral deal with ICICI Bank Canada for wealth management services

Scotiabank signs referral deal with ICICI Bank Canada for wealth management services

TORONTO — Scotiabank has signed a referral arrangement with the Canadian arm of India's ICICI Bank Ltd. for high-net-worth clients. Under the agreement, ICICI Bank Canada will have the opportunity to access Scotia Wealth Management services.
Travel to the U.S. takes another hit in April as Canadians vacation elsewhere

Travel to the U.S. takes another hit in April as Canadians vacation elsewhere

Travel to the United States took another hit in April with booking agents saying an "elbows up" attitude over the trade war has Canadians pulling back. Canadian residents returning by automobile from the U.S.