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May home sales down 39% from last year, prices up almost 10%: Toronto board

May home sales down 39% from last year, prices up almost 10%: Toronto board

TORONTO — The Greater Toronto Area housing market is becoming more balanced as May home sales dropped 39 per cent from a year earlier and prices rose almost 10 per cent, the Toronto Regional Real Estate Board said Friday.
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Globalive goes directly to Shaw with its $3.75 billion bid for Freedom Mobile

Globalive goes directly to Shaw with its $3.75 billion bid for Freedom Mobile

TORONTO — Globalive Capital says it has gone straight to Shaw Communications Inc. with its $3.75 billion offer for wireless carrier Freedom Mobile due to a lack of engagement from Rogers Communications Inc.
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Ottawa spending $55 million to connect rural N.B. communities to high-speed internet

Ottawa spending $55 million to connect rural N.B. communities to high-speed internet

FREDERICTON — The federal government said Friday it will invest $55 million to expand high-speed internet in several rural, remote and Indigenous communities in New Brunswick.
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German lawmakers vote to approve huge fund for military

German lawmakers vote to approve huge fund for military

BERLIN (AP) — German lawmakers voted Friday to approve a 100 billion-euro ($107 billion) special fund to strengthen the country's military, preparing the way for a massive procurement drive three months after Russia's invasion of Ukraine jolted the g
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Choice Properties buys interest in GTA land where Loblaw will open facility

Choice Properties buys interest in GTA land where Loblaw will open facility

TORONTO — Choice Properties Real Estate Investment Trust will acquire a 75 per cent ownership interest in 154 acres of industrial land in the Greater Toronto Area.
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Crypto investing habits of Canadian women: Not risk averse, but thinking long term

Crypto investing habits of Canadian women: Not risk averse, but thinking long term

TORONTO — After the digital asset market plummeted in May, Toronto business owner and crypto investor Francine Gerstein said she felt a little uneasy while considering her next moves.
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Dubai arrests British man over $1.7B Denmark tax fraud case

Dubai arrests British man over $1.7B Denmark tax fraud case

DUBAI, United Arab Emirates (AP) — Dubai police said Friday they arrested and planned to extradite a British man wanted in Denmark over a $1.7 billion tax fraud case.
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Ford plans to add 6,200 jobs in Ohio, Michigan and Missouri

Ford plans to add 6,200 jobs in Ohio, Michigan and Missouri

AVON LAKE, Ohio (AP) — Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it prepares to build more electric vehicles and roll out two redesigned combustion-engine models. The company says it will invest $3.
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A&W opening first trial of Pret A Manger brand in Vancouver this summer

A&W opening first trial of Pret A Manger brand in Vancouver this summer

VANCOUVER — A&W plans to open the first trial of UK-based chain Pret A Manger this summer in Vancouver after signing an agreement granting the restaurant chain with master franchisor rights in Canada.
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Indigo trims Q4 loss and squeaks out a $3.3-million profit for the full year

Indigo trims Q4 loss and squeaks out a $3.3-million profit for the full year

TORONTO — Indigo Books and Music Inc. trimmed its net loss to end its fiscal year that saw it swing to a small profit. The Toronto-based retailer says it lost $23.4 million in the fourth quarter, compared with a loss of $39.5 million a year earlier.
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