Royal Bank’s pain is TD’s gain.
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The number of Canadians collecting employment insurance benefits has hit an all-time low. The total number of EI recipients plunged 18.1 per cent year-over-year to 453,060 in April, a level not seen since Statistics Canada began gathering data in 1997.
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Short-end traders are piling into wagers the Bank of Canada will turn dovish as erupting trade tensions shake market confidence in the outlook for future interest-rate increases.
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The Canadian Energy Research Institute says a pipeline capacity gap that is impeding the movement of Western Canada’s crude to market will close by 2021 and there will be surplus capacity from about 2022 until 2030.
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The Canadian Real Estate Association (CREA) has entered into a partnership with Local Logic that will provide property-specific, neighbourhood information for REALTOR.ca, Canada’s largest real estate website.
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May was tough for the resale housing market across the country.
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Canadian refineries received eight million cubic metres of crude oil in March, down eight per cent from the same month a year earlier, says Statistics Canada.
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CREA voices concerns about home cannabis cultivation
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The importance of a mall anchor has always been a key factor in a shopping centre’s success and with the demise in Canada of retailers such as Sears and Target the reality for landlords is they have to be creative in filling the void created by the departure of some anchor tenants.
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MOSCOW — A combined bid from the United States, Mexico and Canada won the hosting rights for soccer’s 2026 World Cup on Wednesday, bringing the tournament to North America for the first time since the 1994 event on a pledge of record crowds, record revenues and, perhaps crucially, a record $11 billion in profits for FIFA, world soccer’s governing body.
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