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National Business
CMHC reports annual pace of housing starts up 22% in April
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in April rose 22 per cent compared with March, powered by an increase in starts of multi-unit urban homes.
May 15, 2023 10:59 AM
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Centerra Gold reports US$73.5-million Q1 loss compared with profit a year earlier
TORONTO — Centerra Gold Inc. reported a US$73.5-million loss in its first quarter compared with a profit of US$89.4 million in the same quarter last year. The Toronto-based gold miner, which keeps its books in U.S.
May 15, 2023 9:27 AM
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Statistics Canada says wholesale sales excluding petroleum down 0.1 per cent in March
OTTAWA — Statistics Canada says wholesale sales excluding petroleum fell 0.1 per cent to $85.6 billion in March, led by a drop in the miscellaneous subsector and the machinery equipment and supplies subsector.
May 15, 2023 9:17 AM
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Cyprus, Israel working on deal for natural gas pipeline, processing plant in Cyprus
NICOSIA, Cyprus (AP) — Cyprus and Israel are working on a deal to build a pipeline that will convey natural gas from both countries to the east Mediterranean island nation, where it will be liquefied for export by ship to Europe and potentially elsew
May 15, 2023 9:13 AM
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Vice Media files for Chapter 11 bankruptcy, the latest in a string of digital media setbacks
NEW YORK (AP) — Vice Media is filing for Chapter 11 bankruptcy protection, the latest digital media company to falter after a meteoric rise .
May 15, 2023 7:49 AM
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Ukrainian president says counteroffensive won't aim to attack Russian territory
BERLIN (AP) — Ukrainian President Volodymyr Zelenskyy said Sunday that his country is preparing a counteroffensive designed to liberate areas occupied by Russia, not to attack Russian territory.
May 14, 2023 1:55 PM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Housing data There are a pair of key reports this week expected on Monday that will help economists gauge the health of the housing market in Canada.
May 14, 2023 10:00 AM
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Canadian plywood makers seek duties as cheap Chinese rivals carve out half the market
It's been years since Carlos Zarate and others in Canada's decorative plywood industry started telling the federal government about a growing problem in their business.
May 14, 2023 4:00 AM
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Swedish singer Loreen wins Eurovision Song Contest for 2nd time at event feting Ukraine
LIVERPOOL, England (AP) — Swedish singer Loreen won the Eurovision Song Contest on Saturday night with her power ballad “Tattoo,” at a colorful, eclectic music competition clouded for a second year running by the war in Ukraine.
May 13, 2023 7:59 PM
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Pope Francis meets with Ukrainian President Volodymyr Zelenskyy at the Vatican
ROME (AP) — Ukrainian President Volodymyr Zelenskyy held talks with Pope Francis at the Vatican on Saturday, saying it was a great honor to meet with the pontiff, who has previously offered to do what he can to try to end the war launched by Russia's
May 13, 2023 12:01 PM
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