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Public perceptions of banking regulator influenced mortgage decision: OSFI head

Public perceptions of banking regulator influenced mortgage decision: OSFI head

TORONTO — The recent decision by sa¹ú¼Ê´«Ã½'s banking regulator to relax a mortgage stress test rule was shaped in part by concerns about public perception of the agency, said Office of the Superintendent of Financial Institutions head Peter Routledge.
AWS director wants sa¹ú¼Ê´«Ã½'s AI legislation to mesh with other countries

AWS director wants sa¹ú¼Ê´«Ã½'s AI legislation to mesh with other countries

TORONTO — Amazon Web Services’ director of global artificial intelligence is encouraging sa¹ú¼Ê´«Ã½ not to go it alone when it comes to regulating the technology.
Nav sa¹ú¼Ê´«Ã½ has no record of chemtrails conversation with Alberta government

Nav sa¹ú¼Ê´«Ã½ has no record of chemtrails conversation with Alberta government

Alberta Premier Danielle Smith has faced criticism after a weekend United Conservative Party town hall where she responded to an audience member's concerns about chemtrails being sprayed over the city.
Air Transat considering 80-person layoff amid financial turbulence

Air Transat considering 80-person layoff amid financial turbulence

MONTREAL — Transat A.T. Inc. is preparing to lay off up to 80 workers as the tour operator struggles to turn its finances around, according to a preliminary notice sent to the Quebec government.
S&P/TSX composite down Wednesday, U.S. stock markets drift higher

S&P/TSX composite down Wednesday, U.S. stock markets drift higher

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index retreated from its all-time high on Wednesday, weighed down by telecom, industrial and utilities stocks, while U.S. markets drifted higher.
About half of the 7,000 Nova Scotians waiting for public housing are seniors

About half of the 7,000 Nova Scotians waiting for public housing are seniors

HALIFAX — About half of the 7,020 households on Nova Scotia's wait-list for public housing are composed of seniors, the deputy minister of housing said Wednesday, a number the opposition said should make the government feel ashamed.
AI boom could spur large-scale investments in clean energy: experts

AI boom could spur large-scale investments in clean energy: experts

CALGARY — The coming boom in artificial intelligence represents both a threat and an opportunity for the clean energy transition, market experts suggest.
Plastics plant benzene removal leads First Nation to suggest some residents evacuate

Plastics plant benzene removal leads First Nation to suggest some residents evacuate

A First Nation in southwestern Ontario has recommended some residents evacuate, citing the risk of elevated levels of a toxic chemical being removed from a neighboring Sarnia plastics plant.
Stock market today: Wall Street holds steadier as oil prices pare their gains

Stock market today: Wall Street holds steadier as oil prices pare their gains

NEW YORK (AP) — U.S. stocks drifted to a mixed close near their record levels. The S&P 500 ended little changed Wednesday, a day after sliding from its record on worries about a possible widening of the fighting in the Middle East.
Swedish investment group adds CCM to its roster as it makes a play for growth

Swedish investment group adds CCM to its roster as it makes a play for growth

MONTREAL — Swedish private equity firm Altor has signed a deal to buy CCM Hockey, as the two companies eye new demographics and try to build out the global market share of sa¹ú¼Ê´«Ã½'s oldest hockey equipment maker.