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Yellen extends to Dec. 15 date for potential debt default

Yellen extends to Dec. 15 date for potential debt default

WASHINGTON (AP) — Treasury Secretary Janet Yellen told Congress Tuesday that she believed she would run out of maneuvering room to avoid the nation's first-ever default soon after Dec. 15.
Book about Sackler family and opioid crisis wins UK prize

Book about Sackler family and opioid crisis wins UK prize

LONDON (AP) — A book about a wealthy American family whose actions helped unleash the United States’ opioid epidemic — described by its author as a “story of hubris” — won Britain’s leading nonfiction book prize Tuesday.
New ultra-low-cost carrier, Lynx Air, will launch from Calgary

New ultra-low-cost carrier, Lynx Air, will launch from Calgary

CALGARY — A new Canadian airline announced its planned launch Tuesday, joining an increasingly crowded field of carriers jockeying for budget-minded travellers as the country emerges from the COVID-19 pandemic.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,717.16, up 34.08 points.) Enbridge Inc. (TSX:ENB). Energy. Up seven cents, or 0.14 per cent, to $50.66 on 14.9 million shares.
North American stock markets rise on optimism fuelled by strong U.S. retail sales

North American stock markets rise on optimism fuelled by strong U.S. retail sales

TORONTO — North American stock markets rose on optimism fuelled by strong U.S. retail sales numbers that suggest consumers aren't deterred by high inflation. October sales beat expectations as they rose 1.7 per cent, compared with a 0.
Experts say B.C. rainstorms highlight need to protect homes from rising threats

Experts say B.C. rainstorms highlight need to protect homes from rising threats

Record rainfall in British Columbia has flooded communities and washed away roads in what experts say is part of an increasingly costly trend that both homeowners and renters need to better prepare for. "Effectively what we’re seeing in B.C.
Labour market uncertainty poses challenge to inflation tracking, BoC deputy says

Labour market uncertainty poses challenge to inflation tracking, BoC deputy says

OTTAWA — A senior Bank of Canada official says the pandemic has made assessing job market conditions and inflationary pressures more difficult, creating further uncertainty around when inflation will return to its two per cent target.
Defying inflation, Americans ramped up spending last month

Defying inflation, Americans ramped up spending last month

WASHINGTON (AP) — Many Americans have taken a darker view of the economy as inflation has worsened. Yet so far, they appear no less willing to spend freely at retailers — an encouraging sign for the crucial holiday shopping season.
New Brunswick fiscal update projects $89.1-million surplus due to higher revenues

New Brunswick fiscal update projects $89.1-million surplus due to higher revenues

FREDERICTON — New Brunswick's government is projecting that the fiscal 2021-22 year will end in a $89.1-million surplus instead of the $244.8-million deficit that had been estimated in the last budget.
Avoiding your finances? Here's how to regain control and take the fear out of debt

Avoiding your finances? Here's how to regain control and take the fear out of debt

TORONTO — Jenna Young began avoiding her finances after graduating with student debt from her law degree in 2015.
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