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Taxpayers getting a 'nudge' from Canada Revenue Agency

cbc news - Mon, 04/24/2017 - 07:00

The Canada Revenue Agency says it's begun using carefully crafted messages as a way of increasing the likelihood that people who owe taxes will pay up.

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120 investors likely lost $9M in syndicated mortgages tied to convicted fraudster

cbc news - Mon, 04/24/2017 - 05:00

More than 120 people from the Greater Toronto Area's Chinese community have likely lost nearly $9 million in syndicated mortgage investments solicited by someone they trusted and who then loaned the money to a convicted fraudster, a CBC News investigation has found.

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Beware unintended consequences as governments meddle in real estate: Don Pittis

cbc news - Mon, 04/24/2017 - 05:00

When governments try to tame unruly markets, there are always unintended consequences.

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Softwood lumber decision Tuesday is Trump's next chance to hammer Canada

cbc news - Mon, 04/24/2017 - 05:00

Donald Trump's attack on Canada's softwood lumber industry last week was pretty vague. But this trade dispute is about to get very specific: the U.S. Department of Commerce will release its decision Tuesday on potentially damaging countervailing duties on Canadian imports.

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Lexin Resources and the dark side of Alberta's downturn

cbc news - Mon, 04/24/2017 - 05:00

The story of Lexin Resources is a cautionary tale for Alberta. A small company, a big mess and questions about whether Albertans were put at risk.

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Jimmy Choo is on the market

cbc news - Mon, 04/24/2017 - 04:07

British luxury retailer Jimmy Choo is seeking offers for the company as part of a review of its strategic options to maximize shareholder value, it said on Monday.

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Real estate reality check: CBC's Marketplace consumer cheat sheet

cbc news - Sun, 04/23/2017 - 09:00

Miss something this week? Here's the consumer news you need to know.

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Despite special regulations, edible entrepreneurs hope to take bite of Canada's marijuana market

cbc news - Sun, 04/23/2017 - 05:00

Evidence from other legal jurisdictions suggests marijuana-infused foods could be hugely popular once Canada legalizes marijuana, but the federal government says it needs extra time to develop special regulations for edibles before they can be legally sold.

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'Vital for tenants' or 'textbook' bad policy: How rent control works in NYC

cbc news - Sun, 04/23/2017 - 05:00

Ontario's provincial government announced this week its plans to expand rent control. But in comparable places like New York, experts offer differing views on the positive or negative impact such regulations have had on the housing market.

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Bank of Canada governor 'happy' to see plan for GTA housing market

cbc news - Sat, 04/22/2017 - 20:28

Measures to cool the housing market in the Greater Toronto Area have received a warm response from Canada's central banker, who said Saturday it should have some effect on runaway housing prices.

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'We don't blame you': Wisconsin farmers on Trump's blast at Canada's dairy industry

cbc news - Sat, 04/22/2017 - 13:02

In the wake of Donald Trump's comments about Wisconsin dairy farmers being treated unfairly by Canada, people in the dairy industry say the problem is more about overproduction of milk in the state.

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American Airlines worker challenges passenger to 'hit me' in fight over stroller

cbc news - Sat, 04/22/2017 - 10:50

American Airlines says it has suspended an employee after video emerged of a heated exchange with a passenger who came to the defence of a crying woman holding a baby.

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'I'm shaking my head': Hot Toronto housing market driving prices up in small town Ontario

cbc news - Sat, 04/22/2017 - 05:00

Blame Toronto. The city's hot housing market is spilling over into some unexpected Ontario towns, bringing higher home prices and unprecedented bidding wars.

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Should airlines be allowed to overbook flights and bump passengers?

cbc news - Sat, 04/22/2017 - 05:00

Bumping passengers from overbooked flights is both a widespread and legal industry practice. Still, some travellers are publicly protesting it. Experts say overbooking is here to stay but there are ways airlines can make it work for travellers.

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Real estate practice of 'double-ending' under scrutiny in Ontario

cbc news - Sat, 04/22/2017 - 05:00

The Ontario government recently announced that it is looking into the ethics of real estate agents representing both buyer and seller in Toronto's hot housing market

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Canadian entrepreneurs The Young Astronauts shine bright among stars of new media game

cbc news - Sat, 04/22/2017 - 05:00

With offices in Toronto and Los Angeles and clients like Ariana Grande and Nike, a media production company called The Young Astronauts has been on a rocket ship ride to the stars.

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Volkswagen emissions scandal settlement approved by courts in Ontario, Quebec

cbc news - Fri, 04/21/2017 - 17:44

Courts in Ontario and Quebec on Friday approved a class-action settlement with Volkswagen Group Canada Inc. involving emissions from 2.0-litre TDI diesel engines in roughly 105,000 vehicles.

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United CEO won't add chairman title in 2018 as was planned

cbc news - Fri, 04/21/2017 - 17:19

United Airlines says its CEO won't add the title of chairman next year as planned, as fallout continues from the violent removal of a passenger from a plane this month.

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