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U.S. stock markets hold on to gains while base metal stocks help boost TSX

U.S. stock markets hold on to gains while base metal stocks help boost TSX

TORONTO — Strength in base metal stocks helped lead modest but broad-based gains on sa¹ú¼Ê´«Ã½'s main stock index, while U.S. markets ticked higher. The S&P/TSX composite index closed up 85.85 points at 20,957.74.
Don’t look to the BoC to solve sa¹ú¼Ê´«Ã½â€™s housing and economic woes, Macklem says

Don’t look to the BoC to solve sa¹ú¼Ê´«Ã½â€™s housing and economic woes, Macklem says

OTTAWA — Bank of sa¹ú¼Ê´«Ã½ governor Tiff Macklem is laying out the limits of monetary policy as he warns the central bank can’t solve problems such as housing affordability with interest rates.
Strong start to home sales in 2024 unlikely to delay BoC rate cuts: economists

Strong start to home sales in 2024 unlikely to delay BoC rate cuts: economists

TORONTO — A surge in home sales across sa¹ú¼Ê´«Ã½'s largest markets to kick off 2024 is unlikely to prompt the Bank of sa¹ú¼Ê´«Ã½ to delay its probable interest rate cuts later this year.
Accusations of grocery profiteering unfounded, witnesses tell House food committee

Accusations of grocery profiteering unfounded, witnesses tell House food committee

Accusations of profiteering in the Canadian grocery industry are unfounded and unsubstantiated, witnesses told a House of Commons committee studying food prices on Tuesday.
The top US aviation regulator says oversight of Boeing 'is not delivering safe aircraft'

The top US aviation regulator says oversight of Boeing 'is not delivering safe aircraft'

WASHINGTON — The new chief of the Federal Aviation Administration said Tuesday that his agency is midway through a review of manufacturing at Boeing, but he already knows that changes must be made in how the government oversees the aircraft manufactu
Adam Neumann, ousted founder of WeWork, wants to buy back the office sharing company

Adam Neumann, ousted founder of WeWork, wants to buy back the office sharing company

NEW YORK (AP) — Adam Neumann, the ousted co-founder of WeWork, is exploring a deal to buy back the office sharing company after expressing dismay over its bankruptcy process .
Montreal airport project secures $90 million in federal funding

Montreal airport project secures $90 million in federal funding

MONTREAL — The consortium behind an airport overhaul in the Montreal area has shored up funding for the effort thanks to a $90-million loan from the sa¹ú¼Ê´«Ã½ Infrastructure Bank.
Freeland announces $199 million in support for low-income renters, shelters

Freeland announces $199 million in support for low-income renters, shelters

OTTAWA — Finance Minister Chrystia Freeland says the federal government is putting nearly $200 million in new money toward supporting low-income renters and shelters.
Home sales, prices rise in Montreal amid optimism around interest rates: board

Home sales, prices rise in Montreal amid optimism around interest rates: board

MONTREAL — The Quebec Professional Association of Real Estate Brokers says Montreal-area home sales jumped 18 per cent in January compared with the same month a year earlier.
OSC board extends Grant Vingoe's term as the regulator's chief executive

OSC board extends Grant Vingoe's term as the regulator's chief executive

TORONTO — The board of directors at the Ontario Securities Commission has extended Grant Vingoe's term as chief executive officer for five years.