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Real estate sector likely relieved after OSFI response on mortgage proposals: expert

Real estate sector likely relieved after OSFI response on mortgage proposals: expert

TORONTO — The real estate industry is likely breathing a sigh of relief after Canada's banking regulator signalled it might not move ahead with some proposed tightening of its mortgage lending rules, says one mortgage expert.
Unifor sets Oct. 29 for Stellantis strike deadline as talks set to begin

Unifor sets Oct. 29 for Stellantis strike deadline as talks set to begin

TORONTO — Unifor says it will officially begin contract negotiations with Stellantis on Wednesday and has set a strike deadline of Oct. 29 at 11:59 p.m. Talks with Stellantis come after union members at both Ford Motor Co. and General Motors Co.
Retail sales rise solid 0.7% in September, reflecting US shoppers' resilience despite higher prices

Retail sales rise solid 0.7% in September, reflecting US shoppers' resilience despite higher prices

NEW YORK (AP) — Americans showed their steadfast resilience and kept spending online, at restaurants and other outlets in September even as they grappled with higher prices, rising interest rates and a host of other headwinds piling up.
Champagne says he wishes grocers were more 'forthcoming' on plans to stabilize prices

Champagne says he wishes grocers were more 'forthcoming' on plans to stabilize prices

OTTAWA — Industry Minister François-Philippe Champagne says he wishes Canadian grocers would be more forthcoming with the public about their plans to stabilize prices.
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 Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,692.80, up 72.00 points): Enbridge Inc. (TSX:ENB). Energy. Down 71 cents, or 1.57 per cent, to $44.43 on 16.2 million shares.
TSX composite posts small gain Tuesday, U.S. stock markets mixed

TSX composite posts small gain Tuesday, U.S. stock markets mixed

TORONTO — Strength in base metals and battery metals stocks helped Canada's main stock index eke out a small gain Tuesday, while U.S. stock markets were mixed on the heels of a report on retail sales.
Stock market today: Wall Street drifts after a strong retail sales report

Stock market today: Wall Street drifts after a strong retail sales report

NEW YORK (AP) — Wall Street drifted following the latest signal that the U.S. economy remains solid, though perhaps too strong for the Federal Reserve’s liking.
Freeland announces steps to make banking more affordable, create complaints mechanism

Freeland announces steps to make banking more affordable, create complaints mechanism

OTTAWA — Finance Minister Chrystia Freeland has announced several steps the federal government is taking to make banking more affordable, which in part follow up to pledges made in the spring budget.
BlackBerry aiming for June IPO for Internet of Things business: CEO

BlackBerry aiming for June IPO for Internet of Things business: CEO

The head of BlackBerry Ltd. says he's hoping for June timing on the initial public offering the company has planned for its Internet of Things business.
Government plans business mission to Ukraine, introduces trade legislation

Government plans business mission to Ukraine, introduces trade legislation

OTTAWA — The federal government introduced today legislation to update the Canada-Ukraine free trade agreement and announced plans for a business mission to the country next year.