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Economic uncertainty due to virus makes for unusual mortgage rate landscape
Uncertainty is everywhere in the financial world these days as the COVID-19 pandemic spreads, and that's translating into big swings in mortgage rates and challenges in how to navigate borrowing for a home.
Apr 7, 2020 1:27 PM
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Alberta minister says patience running short for federal energy industry aid
Patience in Alberta is wearing thin for a promised aid package from the federal government for the oil and gas sector, Alberta Energy Minister Sonya Savage said Tuesday.
Apr 7, 2020 1:26 PM
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Small businesses say fed's singular approach to wage subsidies doesn't fit them all
TORONTO — When the impact of COVID-19 led Hongwei Liu to temporarily lay off some employees and slash company forecasts, the founder of Waterloo, Ont.
Apr 7, 2020 12:15 PM
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ECB takes action to keep banks lending during virus crisis
FRANKFURT — The European Central Bank took more emergency action Tuesday to keep credit flowing to companies in the 19 countries that use the euro by easing its rules for lending to banks that serve those businesses.
Apr 7, 2020 11:49 AM
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Work starts in Montana on disputed Canada-US oil pipeline
BILLINGS, Mont. — A Canadian company said Monday that it's started construction on the long-stalled Keystone XL oil sands pipeline across the U.S.
Apr 7, 2020 11:48 AM
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Lufthansa retires big jets, says rebound could take years
FRANKFURT — German airline group Lufthansa said it was permanently removing some of its large aircraft from service and reducing capacity for the long term, saying it will take years for demand for air travel to return to levels seen before the coron
Apr 7, 2020 11:47 AM
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Employers posted solid job openings before virus shutdowns
WASHINGTON — U.S. employers posted a healthy number of job openings in February, evidence that the job market was in decent shape before the viral outbreak brought the economy to a near standstill.
Apr 7, 2020 8:36 AM
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First time investors need preparation and discipline amid a volatile market
Adam George Palios knows a thing or two about investing in the real estate market. The Hamilton, Ontario-based realtor bought his first home nearly a decade ago.
Apr 7, 2020 8:00 AM
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COVID-19 projections suggest Alberta peak coming in several weeks: Kenney
EDMONTON — Alberta Premier Jason Kenney says he expects the peak of the COVID-19 pandemic to hit in several weeks, and that the more Albertans keep distancing, the faster and better it will be.
Apr 6, 2020 6:36 PM
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Publisher says news media need cash 'now' to survive drop in advertising revenue
TORONTO — The federal government needs to move quickly to support the Canadian news industry amid the economic downturn brought about by the response to the COVID-19 pandemic, an industry spokesman said Monday.
Apr 6, 2020 4:19 PM
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