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'Strong position': Saskatchewan's bottom line stable, government posts $1.1B surplus

'Strong position': Saskatchewan's bottom line stable, government posts $1.1B surplus

REGINA — Saskatchewan's bank account remains relatively unchanged while its bottom line continues to be affected by Russia's invasion of Ukraine, global supply shortages and rising inflation. The province is reporting a $1.

75% of U.S. owners of Cdn. rec properties bought after foreign buyer ban: survey

TORONTO — A new report from Royal LePage shows 75 per cent of U.S. citizens living in border towns and owning recreational properties in Canada made their purchase after the federal government announced its forthcoming foreign buyer ban.
Canadian home prices expected to fall 3.3% in 2023: Re/Max report

Canadian home prices expected to fall 3.3% in 2023: Re/Max report

TORONTO — A new report predicts average home sale prices in Canada will fall 3.3 per cent next year with the biggest declines expected in Ontario and Western Canada where some markets may see prices fall 10 to 15 per cent.
Competitors chip away at Tesla's U.S. electric vehicle share

Competitors chip away at Tesla's U.S. electric vehicle share

DETROIT (AP) — New electric vehicle models from multiple automakers are starting to chip away at Tesla's dominance of the U.S. EV market, according to national vehicle registration data.
Economists see underlying signs of weakening in third quarter GDP numbers

Economists see underlying signs of weakening in third quarter GDP numbers

OTTAWA — Canada saw stronger than expected economic growth in the third quarter, but economists warn the underlying numbers don't paint such a positive picture. Statistics Canada said Tuesday the economy grew at an annualized rate of 2.
Canadians relied on credit more in Q3 as inflation persisted

Canadians relied on credit more in Q3 as inflation persisted

TORONTO — New data from TransUnion shows Canadians leaned on credit cards and other forms of debt more in the third quarter as high inflation persisted. TransUnion says 27.9 million Canadians held a combined outstanding balance of $2.
Survivor of Virginia Walmart mass shooting files $50M suit

Survivor of Virginia Walmart mass shooting files $50M suit

NORFOLK, Va.
Scotiabank reports Q4 profit down as one-time charges offset global banking growth

Scotiabank reports Q4 profit down as one-time charges offset global banking growth

TORONTO — Scotiabank kicked off bank earnings with results that showed earnings growth in its international banking division, though overall results were weighed down by about $500 million in one-time charges.
China ready for 'closer partnership' with Russia in energy

China ready for 'closer partnership' with Russia in energy

BEIJING (AP) — China is ready to “forge closer partnership” with Russia in energy, a state news agency quoted President Xi Jinping as saying in a letter Tuesday, potentially expanding ties that irk Washington by helping the Kremlin resist sanctions o
The AP Interview: IMF head urges China to end mass lockdowns

The AP Interview: IMF head urges China to end mass lockdowns

BERLIN (AP) — It is time for China to move away from massive lockdowns and toward a more targeted approach to COVID-19, the head of the International Monetary Fund said days after widespread protests broke out , a change that would ease the impact to
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