Royal Bank of Canada has been added to the list of 30 global systemically important banks by the Financial Stability Board of international regulators. It replaces Group BPCE, owner of Natixis, on the list in the latest annual review.
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Despite the rising popularity of credit, debit cards, and digital currencies, many Canadian consumers are still sticking with cold, hard cash, according to new data released by the Bank of Canada.
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At last week’s rollout of Tesla’s electric truck, it was the battery that got most of the attention. That and the new Tesla Roadster that CEO Elon Musk says will be the fastest commercially produced car on earth.
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The head of one of Canada’s largest independent equity research firms is warning Canadians may be underestimating the economic impact of tighter mortgage regulations.
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The Keystone XL pipeline passed a major hurdle on Monday after Nebraska regulators approved the route for the project, which faced opposition from environmentalists and the Obama administration.
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Quinte West council will decide whether or not to buy some waterfront property at it’s meeting tomorrow (Monday) night.
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A director with the Huron-Perth Landowners Association says the Magna Carta that was created in the Middle Ages in England was the king’s response to public pressure and John Schwartzentruber says he believes property owners of Huron and Perth have to put the same kind of pressure on the government at the local and the Provincial level.
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WINNIPEG, Manitoba/MONTREAL, Nov 17 (Reuters) – The Canadian National Railway plans to extend a major hiring spree into next year as Canada’s biggest freight railroad scrambles to catch up with surging shipments and fill vacancies, a company official said on Friday.
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The Consumer Price Index (CPI) increased 1.4% on a year-over-year basis in October, following a 1.6% gain in September. The all-items excluding gasoline index rose 1.3% year over year in October, after increasing 1.1% in September.
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Manufacturing sales rose 0.5% to $53.7 billion in September, reflecting higher sales in the petroleum and coal product industry.
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