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Homebuilders Confidence and Demand for Homebuying Increases
New data from the National Association of Home Builders shows that falling mortgage rates have improved homebuilder confidence and increased demand to buy homes.
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Stocks Jump After Record Close, Fresh Economic Data
Stocks jumped after the Dow Jones closed at a record high while fresh retail sales data showed positive consumer spending ahead of the holidays.
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Biz Breakdown: Fewer Private Jobs, FTC Seeks to Block Microsoft-Activision Deal, McDonald's Expanding
A new report said the private sector added 103,000 jobs in November while refinance applications climb as mortgage rates dip. Plus, the FTC is once again looking to block the Microsoft-Activision deal and McDonald's is looking to buy...
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Despite gloomy fall economic update, Freeland has a 'glass-half-full perspective'
CBC's chief political correspondent Rosemary Barton speaks with Chrystia Freeland, Canada's deputy prime minister and minister of finance, about the new Canada Mortgage Charter and whether it will help Canadians in need.
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Stocks Mixed As Market Continues to Look to Extend Positive Streak
Stocks were mixed as the market continues to look to extend its positive streak.
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What You Need to Know About VA Loans
With interest rates high, housing inventory low and Veterans Day just around the corner, Cheddar News took a look at how the current market is impacting those who served and continue to serve our country. Patton Gade, national director...
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Births using forceps have 'absurdly high' injury rate in Canada, research shows
New research finds that Canada has the highest rate among high-income countries of maternal trauma from the use of forceps and vacuum assistance during births. Experts say it's a taboo topic that needs more transparency and education to...
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Poilievre presses Trudeau on rising cost of living
Conservative Leader Pierre Poilievre demanded answers on rising inflation rates from Prime Minister Justin Trudeau in the Commons and said the PM is 'not worth the cost.' Trudeau countered that his government 'is there for Canadians.'
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Cancer cases in people below 50 up nearly 80 percent in last three decades
More than a million people below 50 die of cancer annually, according to a study which projects another 21 percent rise by 2030.
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Violent crime in Canada spikes to highest level since 2007
In a report released Thursday, Statistics Canada researchers found that violent crime rose by five per cent in 2022, reaching its highest point since 2007.
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Price increases slowed in June, except for food and shelter
Canada's annual rate of inflation fell to 2.8 per cent in June — much closer than expected to the Bank of Canada's target of two per cent. But many people are still finding it difficult to afford essentials, like food and housing.
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What to consider when renewing your mortgage at a higher rate
With four million Canadian mortgages due to renew by 2026, many borrowers are having to contend with higher interest rates for the first time. Experts weigh in on what options you have to lessen the pain.
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What to consider when negotiating your mortgage at a higher rate
With four million Canadians mortgages due to renew by 2026, many borrowers are having to contend with higher interest rates for the first time. Experts weigh in on what options you have to lessen the pain.
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Poilievre calls latest rate hike an 'uppercut' to Canadians
Conservative Leader Pierre Poilievre says the latest interest rate hikes makes Canadians the most 'indebted households in all of the G7.'
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What’s behind all the aggressive interest rate hikes?
The Bank of Canada raised interest rates again, but several indicators — like inflation – show it may not have been needed. CBC’s senior business reporter Peter Armstrong explains why it happened and what comes next.
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Federal political parties position themselves as the best inflation fighters
In the face of another interest rate hike, which negatively affects mortgage borrowers, Conservative Leader Pierre Poilievre is blaming the prime minister for not doing enough to fight inflation. The NDP wants the government to go after...
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Cancer-related drugs, medicines for rare diseases to be exempted from GST Tax
Union Finance Minister Nirmala Sitharaman on July 11 after a 50th GST Council Meeting announced that the council exempted GST Tax on cancer-related drugs, medicines for rare diseases, and food products for special medical purposes. “GST...
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Stocks Rise Ahead of Inflation Data, Earnings, Fed Meeting
Stocks rose at the opening bell as the market awaits updates on inflation data while earnings kick off this week for the second quarter. The Federal Reserve is also slated to meet later this month as investors anxiously await its...
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Stock Market Today: Wall Street Drifts Ahead of Updates on Inflation, Profits
Stocks are drifting on Wall Street Monday ahead of a week with updates on where inflation and corporate profits are heading.
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Skyrocketing youth opioid deaths sound alarms in Ontario
New national figures show troubling rates of opioid poisonings, with deaths tripling for young people in Ontario from 2014 to 2021. Harm reduction workers are pushing governments to make addiction treatment more accessible.
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Some Expert Tools & Tips for Getting Debt-Free
Rebecca Walser, president of Walser Wealth Management, breaks down what's going on with consumer debt and provides some tips for getting debt-free.
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In last 3-4 years, tax rates did not go up, but revenue is steadily going up: FM Nirmala Sitharaman
While addressing the 164th Income Tax Day event on July 24, Finance Minister Nirmala Sitharaman said that in the last three to four years, tax rates did not go up, but revenue is steadily going up. She said, “In the last three, four...
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Some Canadian mortgage holders anxious over another possible rate hike
With a roaring economy, rising inflation numbers and another possible interest rate increase, cash-strapped Canadian homeowners are getting worried their mortgage payments could soon be unaffordable.