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Bank regulator maintains uninsured mortgage stress test rate

Bank regulator maintains uninsured mortgage stress test rate

TORONTO — Canada's banking regulator says it has left the stress test rate for uninsured mortgages unchanged.
Poland's new prime minister vows to press the West to continue helping neighboring Ukraine

Poland's new prime minister vows to press the West to continue helping neighboring Ukraine

WARSAW, Poland (AP) — Poland's newly elected prime minister , Donald Tusk, vowed Tuesday that his government will demand that the West keep helping neighboring Ukraine, and pledged that Warsaw would be a stable ally of NATO and a leader in Europe.
Stock market today: Wall Street reaches highest level since early 2022 ahead of Fed meeting

Stock market today: Wall Street reaches highest level since early 2022 ahead of Fed meeting

NEW YORK (AP) — Wall Street rose to its highest level since early 2022, just a bit below its record high, after a report showed inflation in the United States is behaving pretty much as expected. The S&P 500 climbed 0.5% Tuesday. The Dow rose 0.
Tourism recovery not expected until next year, Destination Canada report finds

Tourism recovery not expected until next year, Destination Canada report finds

A full recovery in the tourism industry is unlikely until next year, Destination Canada predicts, even as the rebound comes quicker than expected ahead of a bigger bounce-back forecast for 2025.
Rishi Sunak gets a respite after UK lawmakers vote in favor of the Rwanda migration bill

Rishi Sunak gets a respite after UK lawmakers vote in favor of the Rwanda migration bill

LONDON (AP) — British lawmakers have voted Tuesday to support the government’s plan to send some asylum-seekers on a one-way trip to Rwanda, keeping alive a policy that has angered human rights groups and cost the U.K.
It's the economy, stupid: How high inflation and interest rates tanked the Liberals

It's the economy, stupid: How high inflation and interest rates tanked the Liberals

OTTAWA — Justin Trudeau's government has had to weather many storms over the last eight years. The SNC-Lavalin controversy. An old yearbook photo with the prime minister in blackface. Multiple ethics violations. The COVID-19 pandemic.
After record year, unreliable weather pushes maple syrup production to five-year low

After record year, unreliable weather pushes maple syrup production to five-year low

OTTAWA — New figures from Statistics Canada show maple syrup production hit a five-year low in Canada this year, a trend the agency blames on severe storms and changing temperatures. The numbers show Canadian maple producers harvested 47.
US consumer inflation eased slightly last month as gas prices fell, though some costs kept surging

US consumer inflation eased slightly last month as gas prices fell, though some costs kept surging

WASHINGTON (AP) — U.S. inflation ticked down again last month, with cheaper gas helping further lighten the weight of price increases in the United States.
Why ditching fast fashion never goes out of style, and can save money in the long run

Why ditching fast fashion never goes out of style, and can save money in the long run

Danielle Cosentino used to give bags of unwanted clothes to her cousin every year. While her cousin loved the free stuff, Cosentino grew tired of buying so much and wearing so little.
Transat AT names Jean-François Pruneau as next chief financial officer

Transat AT names Jean-François Pruneau as next chief financial officer

MONTREAL — Transat AT Inc. says it has named veteran Quebec executive Jean-François Pruneau as its next chief financial officer. Pruneau will start officially at the travel company on Jan. 9.