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Overheated stock market at risk of bubble in a disconnect from economy, experts say

TORONTO — “We’re all in this together” has been a common refrain since the arrival of the COVID-19 pandemic last March, but the yawning chasm between dismal economic data and soaring stock market valuations suggests some Canadians are doing much bett
Canadian funds move forward with Bitcoin ETFs after regulatory jockeying

Canadian funds move forward with Bitcoin ETFs after regulatory jockeying

TORONTO — Bitcoin-based exchange traded funds are getting the go-ahead from Canadian regulators, creating a path for a fund structure that investment managers say is unique in the industry.
SNC-Lavalin gets first U.S. contract for hydroelectric engineering services

SNC-Lavalin gets first U.S. contract for hydroelectric engineering services

MONTREAL — SNC-Lavalin Group Inc. says it has inked its first hydroelectric engineering contract in the U.S., offering services for projects in Pennsylvania as the U.S. government moves to provide more support for clean energy efforts.
UK opens quarantine hotels, pushes on with vaccine drive

UK opens quarantine hotels, pushes on with vaccine drive

LONDON — Britain’s newly established quarantine hotels received their first guests on Monday as the government tries to prevent new coronavirus variants from derailing a fast-moving vaccination drive that has delivered more than 15 million shots in t
Suburbs lead the way in housing completions as starts also climb: CMHC

Suburbs lead the way in housing completions as starts also climb: CMHC

The suburbs surrounding Toronto, Montreal and Vancouver's are fueling an uptick in homes beginning construction and properties ready for occupancy, says Canada Mortgage and Housing Corp.
Manufacturing sales hit $54.2 billion in December as renos push up lumber prices

Manufacturing sales hit $54.2 billion in December as renos push up lumber prices

OTTAWA — Statistics Canada says manufacturing sales rose 0.9 per cent to $54.2 billion in December, led by sales of wood products, transportation equipment, and petroleum and coal products.
Russian cargo ship launched to International Space Station

Russian cargo ship launched to International Space Station

MOSCOW — An unmanned Russian cargo ship launched successfully Monday with a load of supplies for the International Space Station. The Progress MS-16 cargo ship blasted off as scheduled at 9:45 a.m.
Major Australian media company strikes Google news pay deal

Major Australian media company strikes Google news pay deal

CANBERRA, Australia — Seven West Media has become the largest Australian news media business to strike a deal with Google to pay for journalism in a partnership announced Monday before the nation's Parliament considers draft laws to force digital gia
Philippine reopening of theatres, arcades pushed back

Philippine reopening of theatres, arcades pushed back

MANILA, Philippines — The Philippine government's approval of the reopening of many movie theatres , video game arcades and other leisure businesses shut since last year was postponed at least another two weeks after mayors feared it will bring new c

Namibia closes state-owned Air Namibia citing big losses

WINDHOEK, Namibia — The government of Namibia has closed the southern African country's state-owned airline, Air Namibia, saying that it can no longer afford the financial losses.