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Metro Vancouver sees house prices edge lower for 2 straight months

Metro Vancouver sees house prices edge lower for 2 straight months

VANCOUVER — The Real Estate Board of Greater Vancouver says prices for detached homes, townhouses and condos have fallen for two consecutive months in Metro Vancouver.
Crescent Point Energy cuts 17% of workforce, plans to reduce debt by $1 billion

Crescent Point Energy cuts 17% of workforce, plans to reduce debt by $1 billion

CALGARY — Crescent Point Energy Corp. says it plans to reduce its workforce by 17 per cent, sell some infrastructure assets and reduce its debt by more than $1 billion by the end of 2019.
Labour shortage is the 'new norm' that will last a decade: BDC economist says

Labour shortage is the 'new norm' that will last a decade: BDC economist says

TORONTO — Canada's small and mid-sized companies must find ways to adapt to a "new norm" of worker shortages that will likely persist for a decade, says Pierre Cleroux, chief economist for the Business Development Bank of Canada.

Vancouver-based Nevsun agrees to takeover bid by Chinese firm Zijin

Vancouver-based Nevsun Resources Ltd. says it has reached an agreement to be acquired by a Chinese firm for $1.86 billion. In a news release Wednesday morning, Nevsun says Zijin Mining Group Co. Ltd.
US accused of planning crackdown on  pipeline protests

US accused of planning crackdown on pipeline protests

BILLINGS, Mont. — Civil liberties advocates sued the U.S. government Tuesday, alleging law enforcement agencies have been making preparations to crack down on anticipated protests over the Keystone XL oil pipeline.
Light vehicle sales post second-best August on record, but fall 1.6 per cent

Light vehicle sales post second-best August on record, but fall 1.6 per cent

TORONTO — Canadian new light vehicle sales fell for a sixth straight month in August but still posted the second-best August on record, DesRosiers Automotive Consultants said Tuesday. Sales decreased 1.
Loblaw spins out its stake in Choice Properties REIT to George Weston

Loblaw spins out its stake in Choice Properties REIT to George Weston

TORONTO — Loblaw Companies Ltd. says it will spin out its real estate investment trust to focus solely on its grocery and pharmacy business. The company says George Weston Ltd., which has majority ownership of Loblaw, will receive its 61.

Most actively traded companies on the TSX

Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,161.30, down 101.58 points). Aurora Cannabis Inc. (TSX:ACB). Health care. Up 15 cents, or 1.7 per cent, to $8.95 on 18.4 million shares.
Stock indexes lower in post-holiday trading, loonie falls further

Stock indexes lower in post-holiday trading, loonie falls further

TORONTO — A stronger U.S. dollar pushed Canada's main stock market lower and hurt commodity prices in the first day of trading since the holiday weekend. The Canadian dollar closed at its lowest level in more than a month Tuesday, closing at 75.
Colin Kaepernick's Nike deal prompts flurry of debate online

Colin Kaepernick's Nike deal prompts flurry of debate online

An endorsement deal between Nike and Colin Kaepernick is prompting a flood of debate online as sports fans react to the apparel giant backing an athlete known mainly for starting a wave of protests among NFL players of police brutality, racial inequa