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Bank of Canada defends itself for staying silent before interest rate hike

cbc news - Mon, 09/11/2017 - 12:13

The Bank of Canada is defending itself amid questions about its public silence ahead of an interest-rate hike last week that caught many analysts by surprise.

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Pace of Canadian housing starts surprises with August increase

cbc news - Mon, 09/11/2017 - 12:08

Canadian housing starts rose slightly in August, defying the expectations of economists who had been looking for a drop.

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Combined cost of hurricanes Harvey and Irma could near $300B US: AccuWeather

cbc news - Mon, 09/11/2017 - 11:04

A leading climate forecaster says the economic cost of Hurricane Irma will come in at around $100 billion US, bringing the combined economic toll for Irma and her predecessor Harvey to almost $300 billion US.

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'He turned his fake degree into a weapon': Man posing as a lawyer tricks clients out of thousands

cbc news - Mon, 09/11/2017 - 05:00

He dressed like a lawyer, talked like a lawyer and worked as a lawyer, but in reality, 34-year-old Inayat Kassam was a smooth-talking fraudster with a law degree that wasn't worth the paper it was printed on.

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'All of us can be harmed': Investigation reveals hundreds of Canadians have phoney degrees

cbc news - Sun, 09/10/2017 - 18:00

A Marketplace investigation of the world's largest diploma mill finds many Canadians could be putting their health and well-being in the hands of nurses, engineers, counsellors and other professionals with phoney credentials.

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Union says employees will be trained in time for Ontario pot store openings amid doubts

cbc news - Sun, 09/10/2017 - 16:27

The head of the union tapped to represent workers in Ontario cannabis stores says his members will be well-trained and ready to go by next July, the target date for federal legalization of recreational pot.

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Securities commissions defend name-and-shame lists despite long list of unpaid penalties

cbc news - Sun, 09/10/2017 - 11:21

It turns out that publicly shaming violators of provincial securities laws is an exceptionally poor way of collecting unpaid penalties but some Canadian regulators say they will continue to operate the websites anyway.

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Shameful air travel behaviour and interest rate hike: CBC's Marketplace consumer cheat sheet

cbc news - Sun, 09/10/2017 - 09:00

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

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Family forced to pay extra $4,000 for new tickets after Air Canada bars them from flight

cbc news - Sun, 09/10/2017 - 05:00

A Toronto family wants answers after Air Canada barred them from their flight, forcing them to spend an extra $4,000 on new tickets to take the same flight the following day.

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'Where's that money going to come from': Insurers, government back away from disaster relief

cbc news - Sun, 09/10/2017 - 05:00

With the federal government looking to play a smaller role in covering the costs of natural disasters, and private insurers declaring some homes built in some high-risk areas are uninsurable, the question of who will pay for storm damage is becoming a more pressing issue.

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Apple unveils the iPhone 8 next week — here's everything you need to know

cbc news - Sat, 09/09/2017 - 09:00

Not one, but three new phones — and a $1,200 premium price tag.

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Syrian chocolatier family to open new factory on Saturday

cbc news - Sat, 09/09/2017 - 06:00

Peace By Chocolate plans to hire at least 10 more employees and employ refugees across Canada to distribute their chocolate.

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Toronto's bid for Amazon HQ to focus on wealth of tech talent

cbc news - Sat, 09/09/2017 - 05:00

Toronto will face "fierce competition" to land Amazon’s second headquarters, but its mayor and several experts think it has a chance.

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An island divided: B.C.'s Salt Spring Island votes for its future

cbc news - Sat, 09/09/2017 - 05:00

People on the largest of B.C.'s gulf islands vote today on whether it should become a municipality. To an outsider, it may seem like a low-stakes decision. On the island, it's anything but.

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Alberta vows to fight for Energy East as Tory MPs blame Ottawa for pipeline's pause

cbc news - Fri, 09/08/2017 - 14:43

Alberta’s energy minister is vowing to stand with TransCanada in the fight to get Energy East even as the Calgary-based company moves to suspend its application in view of the national regulator’s new, more wide-ranging review process.

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U.S. seeks to jail 'Pharm Bro' Martin Shkreli, citing 'pattern of threats'

cbc news - Fri, 09/08/2017 - 14:19

U.S. prosecutors on Thursday asked a judge to jail Martin Shkreli while he awaits sentencing for securities fraud, after a Facebook post by the former drug company executive about Hillary Clinton prompted an investigation by the U.S. Secret Service.

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Threat of identity theft looms large in Equifax security breach, experts say

cbc news - Fri, 09/08/2017 - 11:59

The massive cybersecurity breach unveiled by Equifax that saw the personal data of millions of people taken will mean some "very unfortunate" stories to come, says a Canadian technology executive.

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