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Weinstein Co. turns to Colony Capital for cash in wake of scandal

cbc news - Mon, 10/16/2017 - 11:22

Film production company the Weinstein Co. is in talks about selling itself after co-founder Harvey Weinstein became mired in a scandal over allegations of sexual harassment and sexual assault.

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Auto workers at General Motors voting to end strike

cbc news - Mon, 10/16/2017 - 09:19

Workers at General Motors' CAMI plant in Ingersoll, Ont., are to vote Monday on whether to accept a tentative agreement that would end a four-week-long strike.

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Ottawa to cut small business tax rate to 9%

cbc news - Mon, 10/16/2017 - 06:27

The Trudeau government will announce plans to cut the small business tax rate from 10.5 per cent to nine per cent, and will present details of the new plan at a national caucus meeting on Monday morning, CBC News has confirmed.

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A modest proposal for the U.K. as it eyes NAFTA — join Canada instead: Don Pittis

cbc news - Mon, 10/16/2017 - 05:00

It worked pretty well for Newfoundland. Now that NAFTA is flagging, maybe post-Brexit Britain can find a home as part of the Great White North.

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Bombardier exploring options for aerospace businesses, including sale: Bloomberg

cbc news - Sun, 10/15/2017 - 20:45

Canadian aerospace manufacturer Bombardier Inc. is exploring options for its aerospace businesses, including a sale of some operations, Bloomberg reported on Sunday.

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Canadian oil producers alter strategies in face of oil supply certainty

cbc news - Sun, 10/15/2017 - 13:15

A shift in global oil markets sentiment is under way, replacing decades of scarcity fears with confidence in surpluses, capping oil prices and forcing changes in the way the industry works, observers say.

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Free trial scams and why you shouldn't click that link: CBC's Marketplace consumer cheat sheet

cbc news - Sun, 10/15/2017 - 09:00

If you've been too busy this week to keep up with health and consumer news, CBC's Marketplace is here to help.

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Tim Hortons logos on the wedding tux? Couples hit up sponsors to subsidize their big day

cbc news - Sun, 10/15/2017 - 05:00

A growing number of couples are soliciting sponsors to help them pay for their wedding and avoid being saddled with debt.

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U.S. wants power taken away from panel handling NAFTA disputes

cbc news - Sat, 10/14/2017 - 19:07

American negotiators are looking to change the way disputes are settled under NAFTA, with a series of proposed adjustments to two key chapters of the agreement.

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Cash for couches: Class-action foam settlement may net you $20

cbc news - Sat, 10/14/2017 - 05:00

An out-of-court settlement following a recent class-action lawsuit means Canadians may be eligible for $20 or more if they purchased common household items containing foam, including couches, chairs and mattresses.

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Canada urgently needs to diversify in science, tech, engineering and math: report

cbc news - Sat, 10/14/2017 - 05:00

Canada urgently has to figure out how to foster diversity — whether that’s based on gender, race or physical ability — in the fields of science, technology, engineering and math, say contributors to a new report.

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GM, union reach tentative deal at Ontario CAMI plant

cbc news - Fri, 10/13/2017 - 20:28

A tentative agreement has been reached to end the nearly month-long strike at the CAMI assembly plant in Ingersoll, Ont.

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Morneau to unveil changes to controversial small business tax proposals Monday

cbc news - Fri, 10/13/2017 - 16:49

Finance Minister Bill Morneau will unveil changes Monday aimed at mollifying the many critics of his controversial small business tax reform proposals, hoping to tamp down a political wildfire that has scorched Justin Trudeau's Liberal government.

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IRS puts Equifax contract on hold during security review

cbc news - Fri, 10/13/2017 - 14:02

The U.S. Internal Revenue Service has temporarily suspended a contract worth more than $7 million US it recently awarded to Equifax Inc. following a security issue with the beleaguered credit reporting agency's website.

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Netflix price hike has Wall St. raising targets

cbc news - Fri, 10/13/2017 - 12:44

Netflix Inc shares hit an all-time high on Friday as Goldman Sachs and other brokerages raised their price targets on the world's biggest online-streaming company, citing its ability to raise fees without scaring away customers.

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SWIFT says hackers still targeting bank messaging system

cbc news - Fri, 10/13/2017 - 11:37

Hackers continue to target the SWIFT bank messaging system, though security controls instituted after last year's heist at Bangladesh's central bank have helped thwart many of those attempts, a senior SWIFT official told Reuters.

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U.S. tables NAFTA's 'poison pill' with auto sector demands

cbc news - Fri, 10/13/2017 - 10:34

The U.S.'s NAFTA negotiating team has formally presented its proposed changes to the auto sector, starting what's likely to be the most contentious rounds of renegotiations, CBC News has learned.

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Average Canadian house price up 3% in past 12 months, CREA says

cbc news - Fri, 10/13/2017 - 09:38

The average price of a Canadian home rose by three per cent in the year up to September, even as sales during the month came in 11 per cent lower than they were a year ago.

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