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In Bombardier fight, Boeing sees ghost of Airbus ascent

cbc news - Tue, 05/23/2017 - 12:09

Decades after Boeing failed to prevent European upstart Airbus gaining momentum with early victories in the United States, people familiar with the company say the strategic importance of defending its core passenger jet business against Bombardier outweighs a diplomatic storm.

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1st Trump budget chops food stamps, Medicaid while boosting defense & infrastructure spending

cbc news - Tue, 05/23/2017 - 10:16

President Donald Trump Tuesday is unveiling a $4.1 trillion spending plan that relies on faster economic growth and steep cuts to programs for the poor in a bid to balance the government's books over the next decade.

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A 10% mortgage hike would sink almost three quarters of homeowners, Manulife says

cbc news - Tue, 05/23/2017 - 08:53

Nearly three quarters of Canadian homeowners say they would have difficulty paying their mortgage if their payments were to increase by more than 10 per cent, says a new survey by Manulife Bank.

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No desk of your own: The office plan of the future?

cbc news - Tue, 05/23/2017 - 05:00

A growing number of Canadian companies believe it’s time to overhaul the old office layout where cubicles, offices and meeting rooms are the only options. The new buzzwords are flexibility and choice.

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Is your condo board above board? Tips for evaluating condo governance

cbc news - Tue, 05/23/2017 - 05:00

If you're wondering whether your condo board is operating in a trustworthy manner — or if you simply want to get a better grip on how your condo works — here are a few tips from experts in the field.

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Dakota Access pipeline spilled 380 litres of oil from 2 leaks in March

cbc news - Mon, 05/22/2017 - 15:13

The Dakota Access pipeline system leaked more than 380 litres of oil in two separate incidents in North Dakota in March as crews prepared the pipeline for operation.

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Canadian banks set to reveal 1st earnings since CBC coverage on sales practices

cbc news - Mon, 05/22/2017 - 12:25

The Canadian banks are expected to benefit from rising U.S. interest rates and fewer bad loans in the oilpatch as they start reporting their latest quarterly results this week, but analysts say worries about the housing market and consumer debt remain key concerns.

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U.S. stocks higher Monday while TSX closed for May holiday weekend

cbc news - Mon, 05/22/2017 - 12:00

U.S. stocks were higher Monday while Canada's benchmark stock index the TSX was closed for the May long weekend.

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Ford replaces CEO in push to transform business

cbc news - Mon, 05/22/2017 - 07:31

As CEO, Fields began Ford's transition from a traditional automaker into a "mobility" company, laying out plans to build autonomous vehicles and explore new services such as ride-hailing and car-sharing. But there were rumblings that Fields wasn't focusing enough on Ford's core business.

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The struggle to put Venezuela back on the path to economic health: Don Pittis

cbc news - Mon, 05/22/2017 - 05:00

Oil wealth alone should make all Venezuelan families U.S. dollar millionaires. What went wrong and how can it be fixed?

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Boeing signs defence, commercial deals with Saudi Arabia

cbc news - Sun, 05/21/2017 - 12:09

Boeing Co. says it has signed several defence and commercial deals with Saudi Arabia, including one for the sale of military and passenger aircraft, during a visit by U.S. President Donald Trump to the kingdom.

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Protests, court challenges, B.C. recount: Trans Mountain IPO comes at awkward time for Kinder Morgan

cbc news - Sun, 05/21/2017 - 11:42

Kinder Morgan's plan to raise money for its Trans Mountain expansion through an initial public offering could not come at a more awkward time.

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'Typically they are cheque-cashing schemes': How scammers have ruined legitimate mystery shopping jobs

cbc news - Sun, 05/21/2017 - 05:00

A company that recruits mystery shoppers says scammers are hurting business because potential shoppers are worried about falling victim to fake job postings.

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'Overwhelming consumer passion' brings Jif peanut butter back to Canada

cbc news - Sun, 05/21/2017 - 05:00

After a seven-year drought, the popular peanut butter, Jif is back in Canada. Smucker's says it brought the product back due to "overwhelming consumer passion."

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Ransomware and Bell's breach: CBC's Marketplace consumer cheat sheet

cbc news - Sun, 05/21/2017 - 05:00

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

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Silver Superman coins prove to be kryptonite to Royal Canadian Mint's bottom line

cbc news - Sun, 05/21/2017 - 05:00

In 2011, the Royal Canadian Mint introduced a series of low-value silver coins to get more Canadians interested in collecting. But more than five years later, Canadians are returning the coins in droves.

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NAFTA talks kick off: Early signs raise little alarm, but strategy still in 'pre-game state'

cbc news - Sat, 05/20/2017 - 05:00

The U.S. industry groups and congressional leaders who support NAFTA has told the Trump administration to 'do no harm' in its renegotiations. The tone of Thursday's letter to Congress suggests that message got through — but this is just the pre-game warm-up.

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Canada's housing boom has 30% chance of going bust, Goldman Sachs says

cbc news - Sat, 05/20/2017 - 05:00

U.S. investment bank Goldman Sachs says there's an almost one in three chance of Canada's housing market going bust in the near future.

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Loonie tops 74 cents as oil rises above $50 US

cbc news - Fri, 05/19/2017 - 17:11

The Canadian dollar rallied to its highest level of the month on Friday on the back of a corresponding rally in oil prices.

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French researchers say there's a WannaCry cure — as long as you haven't rebooted

cbc news - Fri, 05/19/2017 - 15:56

With a major deadline nearing for victims of the WannaCry ransomware epidemic, French IT researchers say they may have found a cure — as long as the computer hasn't been rebooted.

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