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Stock market today: Wall Street slumps as good news for economy reverts to being bad news for stocks
NEW YORK (AP) — Good news on the U.S. economy is back to being bad for Wall Street. The S&P 500 swung to a loss of 1.1% after a pair of reports on the economy came in better than expected. The Dow Jones Industrial Average dropped 0.
Jan 7, 2025 1:04 PM
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Meta's move away from fact checking may allow wider spread of misinformation: experts
TORONTO — Experts are worried the community notes program Meta will replace its current fact checking system with has several pitfalls that could allow misinformation to spread even further.
Jan 7, 2025 12:54 PM
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Manitoba regulator orders hike in auto premiums, calls for action on brain injuries
WINNIPEG — Manitobans will soon be paying more for basic automobile insurance. The Public Utilities Board has ordered an overall increase of 5.
Jan 7, 2025 12:45 PM
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Bank CEO worries shift to political uncertainty as mortgage risks ease
TORONTO — The heads of Canada's biggest banks are finally seeing risks around mortgage renewals easing, only for worries about tariffs and political uncertainty to take their place.
Jan 7, 2025 12:43 PM
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Cargo ship stuck in St. Lawrence River for two weeks refloated on Tuesday
MONTREAL — A ship that had been stuck in the St. Lawrence River northeast of Montreal since Christmas Eve was successfully refloated on Tuesday. The Canadian Coast Guard says the MV Maccoa has been escorted by tugboats to a dock at Sorel-Tracy, Que.
Jan 7, 2025 12:07 PM
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Meta replaces fact-checking with X-style community notes
Bending to the political headwinds of the incoming Trump administration, Facebook and Instagram owner Meta is scrapping its third-party fact-checking program and replacing it with “community notes” written by users similar to the model used by Elon M
Jan 7, 2025 11:06 AM
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B.C. wineries again allowed to sell direct-to-consumer in Alberta
VANCOUVER — British Columbia wineries can again sell their products directly to Alberta consumers this week, months after an interprovincial deal was announced between the two provinces last summer.
Jan 7, 2025 10:55 AM
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CRA to continue with capital tax changes despite prorogation: Finance Department
The federal government says the Canada Revenue Agency will continue to administer the capital gains tax changes proposed in the budget last year, even though they haven't passed in Parliament, which is prorogued until March 24.
Jan 7, 2025 10:26 AM
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Statistics Canada says merchandise trade deficit $323M in November
OTTAWA — Canada's merchandise trade deficit with the world narrowed to $323 million in November as growth in exports outpaced imports, Statistics Canada said Tuesday. The result compared with a revised deficit of $544 million in October.
Jan 7, 2025 9:14 AM
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Greater Toronto home sales dip in December to cap 'transitionary' 2024: board
TORONTO — Greater Toronto home sales fell slightly last month to cap a year that saw buyers take advantage of "substantial negotiating power" on price.
Jan 7, 2025 9:04 AM
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