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Greater Toronto home sales fall amid affordability challenges but relief forecasted

Greater Toronto home sales fall amid affordability challenges but relief forecasted

TORONTO — Greater Toronto home sales fell six per cent last month compared with November 2022 despite an influx in new listings, as high borrowing costs and uncertain economic conditions persisted.
App company Amp Me to pay fine in settlement agreement with Competition Bureau

App company Amp Me to pay fine in settlement agreement with Competition Bureau

GATINEAU, Que. — The Competition Bureau says Amp Me Inc. has agreed to pay a fine to settle the regulator's concerns about false or misleading claims by the mobile application and the purchase of positive reviews.
US job openings fall to lowest level since March 2021 as labor market cools

US job openings fall to lowest level since March 2021 as labor market cools

WASHINGTON (AP) — U.S. employers posted 8.7 million job openings in October, the fewest since March 2021, in a sign that hiring is cooling in the face of higher interest rates yet remains at a still-healthy pace.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (20,410.21, down 42.66 points): Canadian Natural Resources Ltd. (TSX:CNQ). Energy. Down $1.31, or 1.43 per cent, to $90.32 on 30.
S&P/TSX composite down, led by energy and base metals; U.S. markets also in the red

S&P/TSX composite down, led by energy and base metals; U.S. markets also in the red

TORONTO — Canada's main stock index moved lower on Monday, dragged down by losses in energy and base metals, while U.S. markets also ended the day in the red, led by weakness on the Nasdaq.
Short-term rentals have 'significantly impacted' housing affordability: Desjardins

Short-term rentals have 'significantly impacted' housing affordability: Desjardins

TORONTO — A new Desjardins report suggests short-term rentals likely contributed to the housing affordability crisis in Canada and around the world.
These companies have laid off Canadian workers in 2023

These companies have laid off Canadian workers in 2023

A wave of layoffs last year, which left thousands of Canadian workers jobless, is continuing this year as recession predictions loom and the tech sector downturn deepens.
Stock market today: Wall Street loses ground ahead of key reports on the job market

Stock market today: Wall Street loses ground ahead of key reports on the job market

NEW YORK — Stocks slipped on Wall Street ahead of some key reports this week on the job market that might provide more insight into the Federal Reserve’s thinking about interest rates. The S&P 500 fell 0.5% Monday.
Unity Acquisitions snaps up much of toy store Mastermind, 18 stores to close

Unity Acquisitions snaps up much of toy store Mastermind, 18 stores to close

TORONTO — Ailing toy retailer Mastermind GP Inc. says it has reached a deal to sell the bulk of its business to a company representing three big names in the Canadian retail world.
Rogers ordered to produce records in Competition Bureau's probe of 'Infinite' plans

Rogers ordered to produce records in Competition Bureau's probe of 'Infinite' plans

GATINEAU, Que. — The Competition Bureau has been granted an order by the Federal Court of Canada requiring Rogers Communications Inc. to produce records related to an investigation into the company's Infinite wireless phone plans.