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Stock market today: Wall Street rises to its best level since the start of August

Stock market today: Wall Street rises to its best level since the start of August

NEW YORK (AP) — Wall Street posted solid gains to begin a holiday-shortened week, reaching its highest level in more than three months. The S&P 500 rose 0.7% Monday, coming off its third straight winning week.
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Air Canada rejects blame in $24M gold theft as it faces Brink's lawsuit

Air Canada rejects blame in $24M gold theft as it faces Brink's lawsuit

MONTREAL — Air Canada has fired back in a lawsuit by security firm Brink's, saying the airline bears no responsibility for the daring theft of $23.8 million in gold and cash from its facilities at Toronto's Pearson airport earlier this year.
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Canadian Chamber of Commerce forms AI council with members including Amazon, Google

Canadian Chamber of Commerce forms AI council with members including Amazon, Google

OTTAWA — The Canadian Chamber of Commerce says it has formed a council aimed at shaping public policy around artificial intelligence.
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Fiscal update includes loans for housing developers, affordable housing fund: source

Fiscal update includes loans for housing developers, affordable housing fund: source

OTTAWA — Finance Minister Chrystia Freeland is set to present the fall economic statement on Tuesday, a document that will make billions in loans available for homebuilders and earmark a fund for affordable housing.
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Economists expect inflation slowed again in October as high interest rates take hold

Economists expect inflation slowed again in October as high interest rates take hold

OTTAWA — Forecasters anticipate Canada's inflation rate took another dip in October as gasoline prices fell from the previous month and grocery prices rose more slowly.
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Primaris REIT buying Halifax shopping complex for $370 million

Primaris REIT buying Halifax shopping complex for $370 million

TORONTO — Primaris Real Estate Investment Trust says it has signed a deal to buy a shopping centre complex in Halifax for $370 million. The deal includes the Halifax Shopping Centre and the Annex, which sits adjacent to the mall.
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First Quantum reduces operations at Cobre Panama further as blockade continues

First Quantum reduces operations at Cobre Panama further as blockade continues

TORONTO — First Quantum Minerals Ltd. says it has reduced operations at its Cobre Panama copper mine further and warns if a blockade of small boats at the mine's port continues it will have to temporarily halt production.
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CRA claws back $458 million in pandemic-era wage subsidies after partial audit

CRA claws back $458 million in pandemic-era wage subsidies after partial audit

OTTAWA — The Canada Revenue Agency has denied or adjusted $458 million in funds disbursed to employers through a pandemic-era wage subsidy program as a result of a partially completed auditing process.
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Yemen's Houthi rebels hijack an Israeli-linked ship in the Red Sea and take 25 crew members hostage

Yemen's Houthi rebels hijack an Israeli-linked ship in the Red Sea and take 25 crew members hostage

JERUSALEM (AP) — Yemen's Houthi rebels seized an Israeli-linked cargo ship in a crucial Red Sea shipping route Sunday and took its 25 crew members hostage, officials said, raising fears that regional tensions heightened over the Israel-Hamas war were
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Rogers, union representing striking workers in Metro Vancouver reach tentative deal

Rogers, union representing striking workers in Metro Vancouver reach tentative deal

Rogers Communications Inc. has reached a tentative agreement with the union representing nearly 300 striking workers in Metro Vancouver after contract talks broke down and the company issued a lock-out notice earlier this month.
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