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B.C. is easing rules on upfront costs for homebuilders to spur project construction

B.C. is easing rules on upfront costs for homebuilders to spur project construction

The British Columbia government is loosening the rules for payment of development fees in a bid to jump start home construction that has been hampered by upfront costs.
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US stocks hit another record as Tesla and Nike rally

US stocks hit another record as Tesla and Nike rally

NEW YORK (AP) — U.S. stocks ticked higher on Wednesday to hit another all-time high. The S&P 500 rose 0.5% and set a record for the third time in four days. The Dow Jones Industrial Average edged down by 10 points, or less than 0.
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B.C. changing regulations to reduce early-stage financing costs, boost housing starts

B.C. changing regulations to reduce early-stage financing costs, boost housing starts

Province expanding use of surety bonds to pay developer fees, freeing up capital for construction
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Empire, Lactalis Canada become first to officially sign on to grocery code of conduct

Empire, Lactalis Canada become first to officially sign on to grocery code of conduct

Sobeys parent company Empire Co. Ltd. has officially signed on as the first retailer member of Canada's new grocery code of conduct, as work continues to develop governance rules for members ahead of a full implementation by Jan. 1.
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Carney meets with automotive sector CEOs as U.S. trade talks continue

Carney meets with automotive sector CEOs as U.S. trade talks continue

OTTAWA — Prime Minister Mark Carney met with automotive sector CEOs Wednesday morning to discuss U.S. tariffs and ways to protect Canadian supply chains from the trade war with the United States.
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President Trump announces trade deal with Vietnam that will let US goods into the country duty-free

President Trump announces trade deal with Vietnam that will let US goods into the country duty-free

WASHINGTON (AP) — President Donald Trump announced a trade deal with Vietnam Wednesday that would allow U.S. goods to enter the country duty-free. Vietnamese exports to the United States, by contrast, would face a 20% levy.
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Bombardier shares up after deal for 50 jets valued at US$1.7B

Bombardier shares up after deal for 50 jets valued at US$1.7B

MONTREAL — A major aircraft deal sent Bombardier Inc. shares to a seven-year high on Wednesday after the company announced a firm order for its aircraft with an unidentified buyer.
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Calgary home sales drop again in June as inventory keeps piling up: board

Calgary home sales drop again in June as inventory keeps piling up: board

CALGARY — The Calgary Real Estate Board says home sales in the city decreased 16.5 per cent in June compared with last year as higher levels of new listings led to inventory gain.
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Lloyd Axworthy accuses Carney of taking 'bootlicking' approach to Trump

Lloyd Axworthy accuses Carney of taking 'bootlicking' approach to Trump

"A pattern is now set: Trump harrumphs, we comply," the former foreign affairs minister wrote. "What else will we quietly surrender? Cultural industries? Environmental standards, agriculture security, Arctic sovereignty?"
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Microsoft's largest layoff in years hits Xbox, sales and other divisions

Microsoft's largest layoff in years hits Xbox, sales and other divisions

Microsoft is laying off thousands of workers, its second mass layoff in months and its largest in more than two years. The tech giant began sending out layoff notices Wednesday that hit the company's Xbox video game business and other divisions.
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