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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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Home Capital sees slight uptick in savings deposits while GICs bleed down

cbc news - Fri, 05/19/2017 - 12:42

Home Capital Group reported a slight uptick in the amount in its savings accounts as of Thursday, a sign the alternative mortgage lender may have staunched its bleeding.

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Ottawa reconsiders Boeing purchases amid accusations against Bombardier

cbc news - Fri, 05/19/2017 - 09:50

The federal government hinted Thursday that Boeing should not take future military contracts with Canada for granted, considered by some military and defence industry officials as a veiled threat that coincided with a spat between the aerospace giant and Bombardier.

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Canada's inflation rate steady at 1.6% in April

cbc news - Fri, 05/19/2017 - 08:59

Canada's inflation rate held steady at 1.6 per cent in April, as energy got more expensive but food got cheaper.

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Banff tourist bonanza spilling out beyond the park gates

cbc news - Fri, 05/19/2017 - 05:00

Canada's oldest national park will be so busy that hotels, restaurants and shops throughout the surrounding region are already cashing in on the spillover of tourism activity.

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Are stock markets losing faith in Donald Trump?

cbc news - Fri, 05/19/2017 - 05:00

Markets soared after the new U.S. president took office, and have shrugged off scandals and crises without blinking. But that changed this week, as several U.S. indexes were hit by the first slump of Trump's administration.

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Big banks to face questions about banking practices

cbc news - Fri, 05/19/2017 - 05:00

Canada’s big banks will be in the hot seat next month, facing questions about questionable banking practices revealed by CBC's Go Public.

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Home Capital makes another board change

cbc news - Thu, 05/18/2017 - 13:43

Home Capital announced another change to its board of directors on Thursday, revealing that John Marsh, one of its original investors, is stepping down.

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Trump administration writes Congress to officially trigger NAFTA renegotiation

cbc news - Thu, 05/18/2017 - 11:18

The Trump administration has written to Congress, officially triggering the 90-day consultation period required before renegotiation of the North American Free Trade Agreement with Canada and Mexico can begin.

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Premier Rachel Notley announces plan to clean up Alberta's orphan wells

cbc news - Thu, 05/18/2017 - 10:53

Alberta Premier Rachel Notley is making an announcement today about cleaning up abandoned oil and gas wells. A press conference will take place at around 9:30 a.m. on an orphan well site near Carstairs, Alta., north of Calgary.

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Bombardier and Boeing clash in trade hearing over CSeries

cbc news - Thu, 05/18/2017 - 10:45

Lawyers for Boeing are arguing before a U.S. trade commission that Bombardier's own words prove it was rescued financially by multibillion-dollar assistance from the Quebec government. Boeing is seeking duties on Bombardier aircraft

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