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May home sales fell 7.4 per cent, but on pace for record level this year: CREA

May home sales fell 7.4 per cent, but on pace for record level this year: CREA

Home sales across the country are starting to fall back from highs seen earlier in the year, but the Canadian Real Estate Association still expects the number of transactions during 2021 to set a new record. May's 56,156 sales were a 7.
MacKenzie Scott, citing wealth gap, donates $2.7 billion

MacKenzie Scott, citing wealth gap, donates $2.7 billion

MacKenzie Scott, the billionaire philanthropist known for her impromptu multi-billion dollar donations to charities and racial equity causes, announced Tuesday that she has given $2.7 billion to 286 organizations.
MLB threatens pitchers with 10-game bans for altering balls

MLB threatens pitchers with 10-game bans for altering balls

NEW YORK (AP) — Pitchers will be ejected and suspended for 10 games for using illegal foreign substances to doctor baseballs in a crackdown by Major League Baseball that will start June 21.
Police: Gunman dead after killing 2 at fire hydrant factory

Police: Gunman dead after killing 2 at fire hydrant factory

ALBERTVILLE, Ala. (AP) — A worker killed two people and wounded two more at an Alabama fire hydrant factory early Tuesday before killing himself, police said. The gunfire — among the latest in a spate of shootings across the U.S.
Airbus-Boeing deal still leaves other US-EU rifts unresolved

Airbus-Boeing deal still leaves other US-EU rifts unresolved

BRUSSELS (AP) — The deal the United States and the European Union reached Tuesday to end their long-running dispute over subsidies to Boeing and Airbus will mean the phase-out of billions in punitive tariffs. It will ease trans-Atlantic tensions.

US industrial production up 0.8% in May, factory output 0.9%

WASHINGTON (AP) — Surging output of cars, trucks and auto parts pulled U.S. factory production up 0.9% in May. Adding utilities and mines, overall U.S. industrial production climbed 0.8% in May from April, the Federal Reserve reported Tuesday.

Sudbury mining union rejects second offer, strike action continues

SUDBURY, Ont. — A steelworker's union in Sudbury, Ont. has rejected the latest offer by Vale Canada after going on strike for the first time in over 10 years.
Ski-Doo and Sea-Doo maker BRP to spend up to $350 million to buy back shares

Ski-Doo and Sea-Doo maker BRP to spend up to $350 million to buy back shares

VALCOURT, Que. — BRP Inc. says it will spend up to $350 million to buy back its shares.

Bell MTS Place, home of Winnipeg Jets, to be renamed Canada Life Centre

A deal between Canada Life Assurance Co. and the owner of the Winnipeg Jets will see the hockey team's home arena renamed to the Canada Life Centre.
Bell MTS Centre, home of Winnipeg Jets, to be renamed Canada Life Centre

Bell MTS Centre, home of Winnipeg Jets, to be renamed Canada Life Centre

A deal between Canada Life Assurance Co. and the owner of the Winnipeg Jets will see the hockey team's home arena renamed to the Canada Life Centre.