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S&P/TSX composite down slightly to start week; U.S. markets rise

S&P/TSX composite down slightly to start week; U.S. markets rise

Canada's main stock index dipped on Monday while U.S. markets rose, keeping American stocks near record highs. The S&P/TSX composite index slipped 51.22 points to 21,587.88. In New York, the Dow Jones industrial average was up 188.
Want to make housing affordable? Real estate needs to become a mediocre investment

Want to make housing affordable? Real estate needs to become a mediocre investment

What we should be aiming for is policy that would maintain home prices at some reasonable multiple of household income
AI chatbots use Canadian news, but Ottawa won't say if they should be paying for it

AI chatbots use Canadian news, but Ottawa won't say if they should be paying for it

OTTAWA — The federal government is dodging questions about whether artificial intelligence companies should be paying Canadian news publishers for content their chatbots are openly using.
Wireless plan prices, connectivity among big themes at telecom summit

Wireless plan prices, connectivity among big themes at telecom summit

TORONTO — The federal industry minister says despite data showing that the cost of telecommunications services has declined in Canada, many Canadians still do not feel the effect.
North Vancouver's ICBC headquarters to become housing project development site

North Vancouver's ICBC headquarters to become housing project development site

The development is part of the province's $394-million plan to build 10,000 homes near transit hubs over the next 10 to 15 years.
Baldrey: Money talks, and so has B.C. Premier David Eby. Here's why

Baldrey: Money talks, and so has B.C. Premier David Eby. Here's why

Ottawa needs to rebuild its support for British Columbia, says columnist Keith Baldrey, especially if the current government wants to stay in power.
Metro Vancouver compensation up 19 per cent; CAO compensation passes $700K

Metro Vancouver compensation up 19 per cent; CAO compensation passes $700K

Metro Vancouver’s commissioner and CAO Jerry Dobrovolny had a total remuneration of $711,668 in 2023.
Home sales in May down from year ago: Canadian Real Estate Association

Home sales in May down from year ago: Canadian Real Estate Association

OTTAWA — Canada's real estate market softened further in May as sales and prices of existing homes declined and listings rose.
CMHC says annual pace of housing starts in May up 10% from April

CMHC says annual pace of housing starts in May up 10% from April

OTTAWA — The annual pace of housing starts in May climbed 10 per cent compared with April, helped by gains in Montreal and Toronto, Canada Mortgage and Housing Corp. said.
Builder fined $200K for safety violations at Burnaby Metrotown highrise project

Builder fined $200K for safety violations at Burnaby Metrotown highrise project

WorkSafeBC has slapped Axiom Builders Inc. with a $198,891.01 penalty for safety violations at a condo tower project on Telford Avenue in Metrotown.