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When a private mortgage is the ‘only game in town,’ having an exit strategy is key

When a private mortgage is the ‘only game in town,’ having an exit strategy is key

As tougher lending requirements have more homeowners turning to the private mortgage market, brokers say having a strategy to eventually get out of the loan is crucial, or they risk falling into a debt trap that could eventually lead to a ‘For Sale’
Unifor says tentative deal reached to end strike at St. Lawrence Seaway authority

Unifor says tentative deal reached to end strike at St. Lawrence Seaway authority

A strike that shuttered operations through the St. Lawrence Seaway for the past week came to an end on Sunday as both the union and employer announced they had reached a tentative contract with help from federal mediators. Neither the St.
Hurricane Otis death toll rises to 43, missing now number 36 as search and recovery work continues

Hurricane Otis death toll rises to 43, missing now number 36 as search and recovery work continues

ACAPULCO, Mexico (AP) — At least 43 people died when Category 5 Hurricane Otis slammed into Mexico’s southern Pacific coast, the governor of hard-hit Guerrero said Sunday as the death toll continued to climb. Gov.
CRTC urged to mandate better supports for Deaf Canadians during phone service outages

CRTC urged to mandate better supports for Deaf Canadians during phone service outages

When a major telecommunications outage left more than 12 million users without wireless service in July 2022, the disruption was far more dire for the many Canadians dependent on accessibility apps. That day, Rogers Communications Inc.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week.
Montreal restaurants adapt to rising costs, but worry customers might be priced out

Montreal restaurants adapt to rising costs, but worry customers might be priced out

MONTREAL — As Montreal restaurants adapt to rising costs and impending deadlines to repay loans issued during the pandemic, one well-known chef says she worries about the future of the city’s famed dining scene.
Mexico security authorities raise Hurricane Otis death toll to 39

Mexico security authorities raise Hurricane Otis death toll to 39

ACAPULCO, Mexico (AP) — Mexico’s security authorities raised the death toll Saturday from the Category 5 Hurricane Otis that struck the country’s southern Pacific coast early Wednesday to 39.
Yuxiang Aquatic brand oyster, shrimp and shrimp balls with cheese recalled

Yuxiang Aquatic brand oyster, shrimp and shrimp balls with cheese recalled

The Canadian Food Inspection Agency has issued a recall for several types of Yuxiang Aquatic seafood balls because the products contain potential allergens not listed on their labels.
Stock market today: Wall Street falls, pulling S&P 500 down 10% from its July peak

Stock market today: Wall Street falls, pulling S&P 500 down 10% from its July peak

NEW YORK (AP) — Stocks closed lower on Wall Street, pulling the S&P 500 down 10% from the peak it reached in July. That puts the benchmark index into what’s called a ‘correction.
S&P/TSX composite down almost 140 points Friday, U.S. stock markets mixed

S&P/TSX composite down almost 140 points Friday, U.S. stock markets mixed

TORONTO — Losses in the financial and utilities sectors helped lead sa¹ú¼Ê´«Ã½'s main stock index lower on Friday, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 137.92 points at 18,737.39.