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Bank of Canada watching economy closely after half-point rate cut

Bank of Canada watching economy closely after half-point rate cut

OTTAWA — The Bank of Canada's governing council expects its second straight outsized interest rate cut helped it turn a corner in its fight to tame inflation, but it is watching the economy closely amid weaker than expected growth.
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B.C. law society seeks Fintrac info on money laundering red flags

B.C. law society seeks Fintrac info on money laundering red flags

Fintrac found last year that about 2,400 suspicious transaction reports submitted by reporting entities, such as banks, were tied to legal professionals.
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New competition rules could expose B.C. landlords, tenants to risk

New competition rules could expose B.C. landlords, tenants to risk

Standard property controls could run afoul of new rules to boost grocery competition.
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B.C. tourism operators hoping for boost from low loonie

B.C. tourism operators hoping for boost from low loonie

Canadian dollar fell to US$0.6925 this week – the lowest it has been since March 2020
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Most Canadian employers to offer bigger year-end bonuses to help with retention

Most Canadian employers to offer bigger year-end bonuses to help with retention

Canadians continue to struggle with financial stress because of rising costs
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Home affordability improves, but still challenging for many Canadians: RBC report

Home affordability improves, but still challenging for many Canadians: RBC report

TORONTO — Home affordability in Canada is improving, according to a new RBC Economics report, but strains remain. The report, released Friday, said home ownership costs in Canada have eased for three consecutive quarters.
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'Flat out greedy': Customers outraged by Air Canada's new carry-on bag, seat selection policies

'Flat out greedy': Customers outraged by Air Canada's new carry-on bag, seat selection policies

Air Canada follows WestJet's lead by removing carry-on bags in its lowest fare class.
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In Canada’s network media sector, carriers are king, says report

In Canada’s network media sector, carriers are king, says report

Of the big four telecoms and ISPs in Canada, Telus is the only pureplay carrier
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B.C. small business confidence among lowest in Canada, says report

B.C. small business confidence among lowest in Canada, says report

Provincial levies, payroll requirements and crime among reasons for bleak outlooks
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B.C. cannabis wholesales growth slows to all-time low

B.C. cannabis wholesales growth slows to all-time low

B.C. wholesale buyers spent more than 23 times more on booze than on legal cannabis in the quarter up to the end of September
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