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National Business
National Business
CMHC head Romy Bowers to step down, Michel Tremblay named interim CEO
OTTAWA — Federal Housing Minister Sean Fraser says a search is underway for a new CEO of Canada's housing agency after current leader Romy Bowers has said she's stepping down.
Oct 27, 2023 2:09 PM
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Major drink brands launch more non-alcoholic drinks as "sober curious" trend grows
As interest in non-alcoholic drinks grows, major alcohol brands are making moves with sober versions of well-known products like Guinness and Tanqueray gin. Experts say it’s a sign there’s still plenty of room for growth in the industry.
Oct 27, 2023 1:44 PM
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Hundreds arrested for shoplifting in latest Vancouver police blitz
VANCOUVER — Retailers across Canada are concerned about an uptick in violence as a "tsunami" of retail theft plagues businesses that threatens the safety of employees and customers, says the general manager for loss prevention at London Drugs.
Oct 27, 2023 12:50 PM
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Imperial Oil's fleet of heavy-haul trucks at Kearl oilsands site now fully autonomous
CALGARY — Imperial Oil Ltd. expects its recently completed transition to self-driving trucks at its Kearl oilsands mine will help boost bitumen production from that site to all-time record levels in the coming years.
Oct 27, 2023 12:27 PM
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Nova Scotia premier says key election promise of corporate tax rebate may not proceed
HALIFAX — Nova Scotia’s premier cast doubt Friday on a corporate tax rebate that was a key promise in his party’s 2021 election platform.
Oct 27, 2023 12:14 PM
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Outdoor gear retailer MEC names Peter Hlynsky as its new CEO
Growing up on the North Shore near Vancouver, Peter Hlynsky recalls riding his 1990s mountain bike with deep sea fishing lights strapped to his handlebars in the dead of night, while wearing hockey padding.
Oct 27, 2023 12:09 PM
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Consumers overestimating how low, and how fast, interest rates will fall: economists
With interest rates likely at or near their peak in Canada, experts say consumers shouldn’t expect rates to return to pre-pandemic levels.
Oct 27, 2023 10:02 AM
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Stornoway Diamonds to lay off 425 workers as operations halt at Quebec mine
MONTREAL — Stornoway Diamonds Inc. says it is suspending operations at its Renard mine in northern Quebec.
Oct 27, 2023 9:51 AM
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Daughter Ivanka Trump must testify at Donald Trump's civil fraud trial, New York judge rules
NEW YORK (AP) — Ivanka Trump must take the witness stand in the civil fraud case against her father, her brothers and their family business, a judge ruled Friday.
Oct 27, 2023 8:31 AM
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Federal government posts $4.3 billion deficit between April and August this year
OTTAWA — The federal government posted a budgetary deficit of $4.3 billion from April to August. In its monthly fiscal monitor, the Finance Department says this compares to a surplus of $3.9 billion during the same period of the 2022-23 fiscal year.
Oct 27, 2023 8:13 AM
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