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Loonie drops below 70 cents US, S&P/TSX composite down as U.S. markets also fall

Loonie drops below 70 cents US, S&P/TSX composite down as U.S. markets also fall

TORONTO — The loonie fell below 70 cents US on Tuesday after the latest reading on inflation dropped below two per cent. The Canadian dollar traded for 69.91 cents US compared with 70.
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Ontario has $12.7B school repair, construction shortfall: budget watchdog

Ontario has $12.7B school repair, construction shortfall: budget watchdog

TORONTO — It would cost Ontario $31.
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Canadians won't be taxed on disability benefit under proposed rule change

Canadians won't be taxed on disability benefit under proposed rule change

OTTAWA — The Liberals are planning to introduce legislation to exempt the Canada Disability Benefit from being treated as income under the Income Tax Act.
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Justin Trudeau taking the time to reflect after Chrystia Freeland's departure

Justin Trudeau taking the time to reflect after Chrystia Freeland's departure

OTTAWA — Prime Minister Justin Trudeau is taking some time to reflect after Chrystia Freeland's bombshell resignation, the natural resources minister said on Tuesday.
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Dye & Durham board resigns, activist nominees take control, interim CEO named

Dye & Durham board resigns, activist nominees take control, interim CEO named

TORONTO — The brand-new board of directors at Dye & Durham Ltd. has named Hans T. Gieskes as chair of the board as well as interim CEO.
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Toronto terror suspect charged with multiple war crimes: RCMP

Toronto terror suspect charged with multiple war crimes: RCMP

TORONTO — A man facing terror charges for allegedly plotting an attack in Toronto with his son is now also facing multiple war crimes charges, police said Tuesday.
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Maple Leafs say goaltender Stolarz to undergo knee surgery, will be out 4-6 weeks

Maple Leafs say goaltender Stolarz to undergo knee surgery, will be out 4-6 weeks

TORONTO — Toronto Maple Leafs goaltender Anthony Stolarz will undergo knee surgery and miss four-to-six weeks, general manager Brad Treliving said Tuesday.
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Canada’s inflation rate down a tick to 1.9% in November

Canada’s inflation rate down a tick to 1.9% in November

Canada's annual inflation rate remained stable in November, coming in a touch below the Bank of Canada's two per cent target, though economists anticipate some volatility in the months ahead.
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Ontario building new base, buying 2 planes for Ornge air ambulance

Ontario building new base, buying 2 planes for Ornge air ambulance

TORONTO — Ontario is investing $93 million to build a new base and buy new planes for Ornge, the province's air ambulance organization.
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The Latest: Events unfold on Parliament Hill after Freeland's cabinet resignation

The Latest: Events unfold on Parliament Hill after Freeland's cabinet resignation

OTTAWA — Chrystia Freeland resigned from cabinet Monday, leaving her post as deputy prime minister and finance minister on the same day she was expected to deliver the government's fall economic statement.
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