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S&P/TSX composite rises 270 points Wednesday, U.S. stock markets mixed

S&P/TSX composite rises 270 points Wednesday, U.S. stock markets mixed

TORONTO — Canada's main stock index rose 1.2 per cent Wednesday on broad-based strength, while U.S. stock markets were mixed after they closed early ahead of the July 4 holiday. The S&P/TSX composite index was up 269.87 points at 22,223.67.
Feds announce $11 million in funding for clean energy projects, mostly in Alberta

Feds announce $11 million in funding for clean energy projects, mostly in Alberta

CALGARY — Eleven clean energy projects, most of which are based in Alberta, have been selected to receive a total of $11 million in federal funding.
First non-alcoholic wine tasting room opens in the Okanagan

First non-alcoholic wine tasting room opens in the Okanagan

Former Monster Vineyards location revived with new focus
B.C. government to launch online portal to combat 'bad faith' evictions

B.C. government to launch online portal to combat 'bad faith' evictions

The B.C. government says a new online portal launching this month will combat bad-faith evictions made by landlords who falsely claim to be putting a property to "personal use," only to increase rent on the unit.
More rental housing development needed despite recent rise: RBC economist

More rental housing development needed despite recent rise: RBC economist

Rental housing construction in Canada has picked up significantly and is expected to keep growing this year, according to a new RBC report. However, the report says more supply is needed to fill the backlog of demand.
FortisBC changing the way EV users are charged

FortisBC changing the way EV users are charged

FortisBC moving from per minute to per kilowatt hour charging formula in B.C.
B.C. municipalities get $1.6 billion in federal infrastructure funds over five years

B.C. municipalities get $1.6 billion in federal infrastructure funds over five years

VICTORIA — Three levels of government say they've finalized a deal that will provide more than $1.6 billion in federal funding over the next five years to communities in British Columbia, to build and maintain "critical infrastructure.
New 30-year mortgages are coming and the devil's in the details

New 30-year mortgages are coming and the devil's in the details

As of Aug. 1, first-time homebuyers purchasing a newly built home for less than $1-million with a down payment smaller than 20 per cent will be able to opt in to an insured 30-year amortization period — up from a 25-year maximum.
Okanagan winery announces new ownership, transition plan

Okanagan winery announces new ownership, transition plan

Bella Winery known for its focus on single-vineyard varietal sparkling wines
B.C. builder faces mounting legal battles

B.C. builder faces mounting legal battles

Court orders payment to Re/Max after builder fails to respond to lawsuit