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Nova Scotia to address housing shortage by boosting tax for short-term rentals
HALIFAX — The Nova Scotia government’s plan to increase the annual registration tax for short-term rentals, such as apartments and Airbnbs, is being panned by the province’s opposition parties as inconsequential.
Oct 5, 2023 2:46 PM
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Former Rogers CEO responds to countersuit, alleges 'campaign of dishonesty'
TORONTO — The former chief executive of Rogers Communications Inc. has fired back at the company, alleging Rogers is carrying out "a campaign of dishonesty" surrounding his ouster in November 2021 by fabricating claims in its defence to his lawsuit.
Oct 5, 2023 2:42 PM
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IMF chief says the global economy has shown resilience in the face of COVID, war and high rates
WASHINGTON (AP) — The global economy has shown “remarkable resilience’’ but still bears deep scars from the coronavirus pandemic, the war in Ukraine and rising interest rates , the head of the International Monetary Fund said Thursday.
Oct 5, 2023 12:29 PM
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Exchange Income Corp. buys DryAir Manufacturing for $60 million in cash and shares
WINNIPEG — Exchange Income Corp. says it has acquired DryAir Manufacturing Corp. for $60 million in cash and shares. Under the deal, EIC paid $15 million in shares and $45 million in cash.
Oct 5, 2023 11:25 AM
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Self-employment pulls back as younger Canadians shy away from entrepreneurship: RBC
TORONTO — Younger Canadians don't want to be their own bosses, intensifying the slowdown in entrepreneurship in Canada, according to a new RBC report.
Oct 5, 2023 10:20 AM
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NFI Group signs contract with Houston for up to 210 clean-diesel transit buses
WINNIPEG — NFI Group Inc. says it has signed a deal with the Houston Metropolitan Transit Authority for up to 210 buses. Financial terms of the deal were not immediately available.
Oct 5, 2023 9:52 AM
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Statistics Canada says country posts $718M merchandise trade surplus for August
OTTAWA — Canada's merchandise trade balance shifted to a surplus in August, helped by strong growth in exports of unwrought gold and crude oil, Statistics Canada said.
Oct 5, 2023 9:27 AM
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Housing starts up 1% in first half of 2023 as apartment starts offset declines: CMHC
OTTAWA — The Canada Mortgage and Housing Corp. says construction of new homes increased slightly across several of Canada's major cities in the first half of 2023, as the pace of apartment starts helped offset declines in other dwelling types.
Oct 5, 2023 8:59 AM
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'Like stepping off the edge of a cliff': When to take retirement benefits?
Finding themselves "at the edge of retirement," Jen Gibson and her wife Christy Ganshorn found it hard to fathom dipping into their savings already.
Oct 5, 2023 8:00 AM
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Montreal home sales in September up 9% from year ago: QPAREB
MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal home sales in September rose nine per cent compared with a year ago, but remained below the historic average for the time of year.
Oct 5, 2023 6:11 AM
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