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Jordan, Kuwait carriers lift laptop ban on U.S. flights after beefing up security

cbc news - Sun, 07/09/2017 - 13:36

The national carriers of Jordan and Kuwait announced Sunday that passengers will once again be allowed to carry personal electronics, including laptops, on board U.S.-bound flights.

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Canadian lender Desjardins may stop pipeline loans

cbc news - Sun, 07/09/2017 - 13:13

Desjardins, the largest association of credit unions in North America, on Friday temporarily suspended lending for such projects and may make the decision permanent, spokesman Jacques Bouchard told Reuters by telephone.

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Sunscreen worries: CBC's Marketplace consumer cheat sheet

cbc news - Sun, 07/09/2017 - 09:00

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

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Rogers, Bell hike overage fees at time when customers thirst for wireless data

cbc news - Sun, 07/09/2017 - 05:00

Both Rogers and Bell have hiked their data overage fees at a time when Canadians are thirsting for more wireless data. One expert says instead of price hikes, it's time for Canada to adopt unlimited data plans.

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Agricultural startup BVT bets on bees to protect crops

cbc news - Sun, 07/09/2017 - 05:00

A Canadian company based in Mississauga, Ont., is using bumblebees to protect strawberry crops from a deadly mould by having them apply a natural fungicide it developed during the pollination process - a method it says could help cut down on the use of chemical pesticides.

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BMO, CIBC latest lenders to increase some mortgage rates

cbc news - Sat, 07/08/2017 - 15:43

The Bank of Montreal and CIBC have each hiked some of their mortgage rates — a move that comes as the market is widely anticipating an increase next week in the key benchmark rate set by the Bank of Canada.

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Canada pledges $20M for women's entrepreneurship program

cbc news - Sat, 07/08/2017 - 07:18

Canada will contribute $20 million Cdn to help female entrepreneurs in developing countries, Prime Minister Justin Trudeau announced Saturday while he attended the G20 summit in Hamburg.

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Jasper businesses beg for workers as tourists flood into mountain paradise

cbc news - Sat, 07/08/2017 - 05:00

One of Canada’s most picturesque destinations is struggling with a flood of tourists and an unprecedented lack of staff to serve them. Jasper, Alta., population 4,600, desperately needs more than 300 workers.

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G20 leaders steel themselves for Trump's next trade move

cbc news - Sat, 07/08/2017 - 05:00

Of all the issues testing the mettle of G20 leaders in Hamburg, Germany this weekend, U.S. President Donald Trump's trade threat on steel may be the strangest. If the logic put forward by countries like Canada prevails, his threats may also be empty.

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What happens to loonie after Bank of Canada hikes rates?

cbc news - Sat, 07/08/2017 - 05:00

If you're planning a summertime trip to the U.S., keep a close eye on the loonie next Wednesday. That's when the Bank of Canada is widely expected to increase interest rates, a move that could boost the value of the Canadian dollar.

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France wants to stop sales of gas and diesel cars by 2040

cbc news - Fri, 07/07/2017 - 14:10

No more gasoline or diesel cars sold in France by 2040 — that's the ambitious goal set by France's environment minister as part of far-reaching efforts to wean the world's No. 6 economy from fossil fuels.

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Postmedia turns a $13M net profit in third quarter after cutting costs

cbc news - Fri, 07/07/2017 - 13:27

Postmedia Network Canada Corp. is reporting a $13-million net profit in its fiscal third quarter, as cost savings more than offset an 11.1 per cent decline in overall revenue.

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Tesla to build giant battery in Australia amid energy crisis

cbc news - Fri, 07/07/2017 - 11:12

Tesla says it will build the world's largest lithium-ion battery in southern Australia, part of a bid to solve an energy crisis that has led to ongoing blackouts across the region.

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Canada adds 45,000 jobs in June, mainly part time

cbc news - Fri, 07/07/2017 - 08:44

Canada's economy added another 45,000 jobs in June, bumping the unemployment rate down to 6.5 per cent.

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Tesla, Volvo, BMW — all join in; Is this finally the dawn of the electric car era?

cbc news - Fri, 07/07/2017 - 05:00

The first Tesla Model 3 is set to roll of the assembly line today, marking the high-end electric automaker's entrance into the mass market. This week Volvo also announced it will end production of gasoline only vehicles starting in 2019. This on heels of BMW offering electrified versions of all it models within 3 years. Has the electric vehicle finally hit the mainstream?

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Proposed mortgage rules aim to reduce financial risk in Canada's hot housing markets

cbc news - Thu, 07/06/2017 - 21:25

New rules proposed by the federal government to curb financial risks associated with the country's hot housing markets could make it more difficult to secure a mortgage.

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Fixed-term mortgage rates rise 20 basis points at RBC

cbc news - Thu, 07/06/2017 - 18:00

RBC has raised the interest rates on its two-year, three-year and five-year fixed-term mortgages by 20 basis points as bond yields rise in advance of a possible tightening of monetary policy next week by the Bank of Canada.

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GTA home sales slumping, but condos are still going strong

cbc news - Thu, 07/06/2017 - 16:32

While year-over-year sales slumped in June for all housing categories, the condo market proved more resilient to the cooldown — seeing more than 23 per cent growth in sale prices.

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