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Bank regulator outlines expanded risk guidelines to include integrity, security

Bank regulator outlines expanded risk guidelines to include integrity, security

TORONTO — Canada's banking regulator has released draft guidelines on how it expects to oversee the integrity and security of financial institutions, including foreign interference risk.
Corrective to Oct. 7 story on pharmacare costs

Corrective to Oct. 7 story on pharmacare costs

OTTAWA — In an Oct. 7 story, The Canadian Press erroneously reported that the parliamentary budget officer estimates that an essential medicines drug plan would cost an additional $10 billion in 2024-25 and $12.1 billion in 2027-28.
Canadian Real Estate Association cuts forecast for home sales and prices this year

Canadian Real Estate Association cuts forecast for home sales and prices this year

The Canadian Real Estate Association has lowered its forecast for home sales and prices this year due to weakness in Ontario and B.C.
Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fights

Microsoft closes deal to buy Call of Duty maker Activision Blizzard after antitrust fights

NEW YORK — Microsoft completed its purchase of video game-maker Activision Blizzard for $69 billion on Friday, closing one of the most expensive tech acquisitions in history that could have repercussions across the video game industry.
JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'

JPMorgan profit jumps 35%, but CEO says geopolitics and gov't inaction have led to 'dangerous time'

NEW YORK (AP) — JPMorgan Chase's third-quarter profit soared 35% from last year, fueled by a rapid rise in interest rates, but the bank's CEO, Jamie Dimon, issued a sobering statement about the current state of world affairs and economic instability.
Macklem says BoC will have to decide whether to be patient or to raise rates further

Macklem says BoC will have to decide whether to be patient or to raise rates further

OTTAWA — Bank of Canada Governor Tiff Macklem says the central bank will be deciding whether to exert patience at its next rate meeting or hike rates further.
Canada's average annual rent inflation rate reaches nine-month high: Rentals.ca study

Canada's average annual rent inflation rate reaches nine-month high: Rentals.ca study

A new report by Rentals.ca and Urbanation says the average asking price for a rental unit in Canada reached $2,149 last month, marking an 11.1 per cent jump from the same period a year ago. The data, which analyzes monthly listings from the Rentals.
From high flying to burnout, pot industry faces downturn five years post-legalization

From high flying to burnout, pot industry faces downturn five years post-legalization

When Abi Roach thinks about the 20 years she spent fighting for Canada to legalize cannabis, she says pot legislation is like a clenched fist.
Air Canada halts flights to Israel until end of October

Air Canada halts flights to Israel until end of October

MONTREAL — Air Canada says it's cancelling all direct flights to and from Tel Aviv through the end of the month. The suspension, which extends one in place since Oct.
Kaiser Permanente reaches a tentative deal with health care worker unions after a recent strike

Kaiser Permanente reaches a tentative deal with health care worker unions after a recent strike

Unions representing 75,000 health care workers who recently held a strike against industry giant Kaiser Permanente over wages and staffing shortages have reached a tentative agreement with the company.