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Private sector plays key role in boosting housing supply but must 'up its game': CMHC

Private sector plays key role in boosting housing supply but must 'up its game': CMHC

Canada Mortgage and Housing Corp.'s deputy chief economist says the private sector must be given the proper incentives to invest more in housing in order to address the need for 3.5 million additional units by 2030.
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More evidence that the US job market remains hot after US job openings rise unexpectedly in August

More evidence that the US job market remains hot after US job openings rise unexpectedly in August

WASHINGTON (AP) — U.S. job openings unexpectedly rose in August, another sign the U.S. labor market remains strong despite higher interest rates — perhaps too strong for the inflation fighters at the Federal Reserve. American employers posted 9.
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Shopify CEO discouraging staff from side hustles that divert attention from company

Shopify CEO discouraging staff from side hustles that divert attention from company

OTTAWA — The chief executive of Shopify Inc. is discouraging staff from taking on side gigs that divert their attention away from the company.
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IA Financial buying U.S. insurance company Vericity for US$170 million

IA Financial buying U.S. insurance company Vericity for US$170 million

QUEBEC — IA Financial Corp. has signed a deal to buy U.S. insurance company Vericity Inc. for US$170 million in a move to grow its business in the United States.
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EQB signs deal for 75 per cent stake in alternative asset manager ACM Advisors

EQB signs deal for 75 per cent stake in alternative asset manager ACM Advisors

TORONTO — EQB Inc. has signed a deal to acquire a 75 per cent stake in independent alternative asset manager ACM Advisors Ltd. Financial terms of the cash-and-share agreement were not immediately available.
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Neighbourly Pharmacy signs deal with largest shareholder to go private

Neighbourly Pharmacy signs deal with largest shareholder to go private

TORONTO — Neighbourly Pharmacy Inc. has signed an agreement to be taken private by its largest shareholder in a deal that values the company at about $916 million. Under the letter of intent, Persistence Capital Partners (PCP) has offered to pay $20.
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Central Kansas police chief who led raid on small weekly newspaper has resigned, official says

Central Kansas police chief who led raid on small weekly newspaper has resigned, official says

TOPEKA, Kan. (AP) — The police chief who led an August raid on a small weekly newspaper in central Kansas has resigned, just days after he was suspended from his post, a City Council member confirmed Monday.
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Lundin Mining says CEO to step down, names Jack Lundin as successor

Lundin Mining says CEO to step down, names Jack Lundin as successor

VANCOUVER — Lundin Mining Corp. says chief executive Peter Rockandel is stepping down at the end of the year.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (19,177.18, down 364.09 points): Toronto-Dominion Bank (The). (TSX:TD). Finance. Down $1.42, or 1.7 per cent, to $80.41 on 16.
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S&P/TSX composite closes down more than 300 points, U.S. stock markets mixed

S&P/TSX composite closes down more than 300 points, U.S. stock markets mixed

TORONTO — Canada's main stock index closed down more than 300 points Monday as utility and energy stocks led widespread losses, while U.S. markets were mixed. The S&P/TSX composite index ended down 364.09 points, or 1.86 per cent, at 19,177.
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