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Housing gap steady as lower incomes expected to offset construction slowdown: CMHC

Housing gap steady as lower incomes expected to offset construction slowdown: CMHC

TORONTO — Canada will be short about 3.5 million homes by the end of the decade compared with what's needed to restore affordability, Canada Mortgage and Housing Corp. said Wednesday.
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Rwanda will host a company's 1st small-scale nuclear reactor testing carbon-free energy approach

Rwanda will host a company's 1st small-scale nuclear reactor testing carbon-free energy approach

KIGALI, Rwanda (AP) — Rwanda’s atomic energy board says it has signed a deal with a Canadian-German company to build its first small-scale nuclear reactor to test what the company asserts is a new nuclear fission approach in one of the world's most d
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Dollarama sales surge as bargain hunters accept higher $5 price point: CEO

Dollarama sales surge as bargain hunters accept higher $5 price point: CEO

MONTREAL — Even as inflation continues to rankle consumers, Dollarama Inc.'s chief executive says the launch of a new $5 price point has been "well accepted" by shoppers.
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High gas prices push up inflation, but prices overall are slowly moving in the right direction

High gas prices push up inflation, but prices overall are slowly moving in the right direction

WASHINGTON (AP) — Inflation jumped last month largely because of a spike in gas prices but other costs rose more slowly, suggesting price pressures are easing at a gradual pace.
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PWHL, Canadian Tire reach multi-year agreement on sponsorship deal

PWHL, Canadian Tire reach multi-year agreement on sponsorship deal

TORONTO — The Professional Women's Hockey League has struck a multi-year agreement with Canadian Tire to be the league's first funding partner. The collaboration includes sponsorship of the PWHL’s inaugural draft on Sept. 18 in Toronto.
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Sigma Lithium evaluating strategic alternatives, shares jump more than 10%

Sigma Lithium evaluating strategic alternatives, shares jump more than 10%

VANCOUVER — Sigma Lithium Corp. says it is evaluating potential strategic alternatives after receiving multiple proposals. The Canadian mining company owns the Grota do Cirilo lithium project in Brazil.
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Statistics Canada says household debt ratio down in Q2 as income grew

Statistics Canada says household debt ratio down in Q2 as income grew

OTTAWA — Statistics Canada says the amount Canadians owe relative to how much they earn fell in the second quarter as disposable income comfortably outpaced the growth in debt and demand for mortgages fell.
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SNC-Lavalin rebrands to AtkinsRéalis in bid to shed scandal-plagued past, reset image

SNC-Lavalin rebrands to AtkinsRéalis in bid to shed scandal-plagued past, reset image

MONTREAL — SNC-Lavalin is changing its name to AtkinsRéalis as it faces an "inflection point" in its 112-year history, according to CEO Ian Edwards, after a tumultuous decade for the engineering giant.
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Filmmakers, celebs ask TIFF to cut ties with sponsor RBC over environmental concerns

Filmmakers, celebs ask TIFF to cut ties with sponsor RBC over environmental concerns

TORONTO — A group of Canadian filmmakers have joined forces with Hollywood A-listers in asking the Toronto International Film Festival to end sponsorship ties with the Royal Bank of Canada because of the financial institution's funding of the oil and
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Google exploited exclusive search engine deals to maintain its advantage over rivals, DOJ argues

Google exploited exclusive search engine deals to maintain its advantage over rivals, DOJ argues

WASHINGTON (AP) — Google has exploited its dominance of the internet search market to lock out competitors and smother innovation, the Department of Justice said Tuesday at the opening of the biggest U.S. antitrust trial in a quarter century.
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