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Home prices rise in cottage country amid demand from remote workers, retirees

Home prices rise in cottage country amid demand from remote workers, retirees

TORONTO — Home prices are increasing in Canada’s cottage country as more buyers look to move there full-time, according to a report released Monday by Royal LePage. Prices of single-family recreational homes rose 11.
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Congress returns with virus aid, federal funding unresolved

Congress returns with virus aid, federal funding unresolved

WASHINGTON — After months of shadowboxing amid a tense and toxic campaign, Capitol Hill's main players are returning for one final, perhaps futile, attempt at deal-making on a challenging menu of year-end business. COVID-19 relief, a $1.
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GM rethinks planned stake in electric vehicle maker Nikola

GM rethinks planned stake in electric vehicle maker Nikola

NEW YORK — General Motors will not be taking a stake in the electric vehicle company Nikola, and the company said Monday that it was scuttling one of its marquee vehicles, an electric and hydrogen-powered pickup, after GM pulled technological support
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Data is king on Wall Street; 2 providers join in $44B deal

Data is king on Wall Street; 2 providers join in $44B deal

The value that Wall Street places on access to billions of bytes of data, rather than old-school stock picking, became abundantly clear Monday as two of the biggest providers of such information become one in the biggest takeover of the year.
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Bombardier names veteran executive Bart Demosky as chief financial officer

Bombardier names veteran executive Bart Demosky as chief financial officer

MONTREAL — Bombardier has named veteran executive Bart Demosky as chief financial officer, effective immediately. The company says Demosky replaces John Di Bert, who will be leaving the company.
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Fewer Americans sign contracts to buy homes in October

Fewer Americans sign contracts to buy homes in October

SILVER SPRING, Md. — The number of Americans signing contracts to buy homes fell for the second consecutive month as lack of available homes continues to stifle house hunters.
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Artis REIT reaches deal with private equity firm seeking changes, CEO to retire

Artis REIT reaches deal with private equity firm seeking changes, CEO to retire

WINNIPEG — Artis Real Estate Investment Trust says four trustees have tendered their resignations and both its chief executive officer and chief financial officer will retire as part of a deal reached with private equity firm Sandpiper Group which so
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Moderna asking US, European regulators to OK its virus shots

Moderna asking US, European regulators to OK its virus shots

Moderna Inc. said it would ask U.S.
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Plan to boost big Swiss firms' liability fails in referendum

Plan to boost big Swiss firms' liability fails in referendum

GENEVA — A proposal that could have stiffened penalties against companies based in Switzerland if they violate human rights or harm the environment abroad failed in a Swiss referendum on Sunday.
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Big Six banks to remain cautious at end of fiscal year as recovery stretches on

Big Six banks to remain cautious at end of fiscal year as recovery stretches on

TORONTO — Three promising COVID-19 vaccine candidates may be driving stock markets higher and fuelling hopes for an economic rebound, but experts say Canada's major banks will continue playing it safe as they report earnings and wrap up their fiscal
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