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Federal bank regulator proposes tightening test for uninsured mortgages

Federal bank regulator proposes tightening test for uninsured mortgages

OTTAWA — The federal banking regulator is proposing increased requirements to the stress test facing homebuyers with uninsured mortgages as it looks ahead to a return to pre-pandemic financial conditions with higher interest rates.
'People are going to work sick:' Third wave reignites debate over paid sick days

'People are going to work sick:' Third wave reignites debate over paid sick days

The third wave of COVID-19 cases in Canada has reignited debate over sick days, with some calling on provinces to mandate paid sick leave while others say the move could cripple businesses already struggling for survival.
Kenney tells UCP caucus COVID-19 dissent OK, breaking health rules means expulsion

Kenney tells UCP caucus COVID-19 dissent OK, breaking health rules means expulsion

EDMONTON — Alberta Premier Jason Kenney is drawing a line in the sand on the 18 members of his United Conservative Party caucus openly criticizing his COVID-19 health restrictions.
Feds should be 'cautious,' avoid overstimulation with upcoming budget, RBC CEO says

Feds should be 'cautious,' avoid overstimulation with upcoming budget, RBC CEO says

TORONTO — The head of the Royal Bank of Canada says the federal government should be cautious about overspending in its forthcoming budget.
Postmedia swings to $700,000 Q2 profit despite 21 per cent drop in revenues

Postmedia swings to $700,000 Q2 profit despite 21 per cent drop in revenues

TORONTO — The owner of Canada's largest group of newspapers earned $700,000 in net profits in its second quarter, an improvement from the same time a year before despite a 21-per-cent revenue decline. Toronto-based Postmedia Network Canada Corp.

Corrective to April 6 story about electric vehicle sales in B.C.

VICTORIA — The Canadian Press erroneously reported April 6 that more than 54,000 light-duty electric vehicles were sold in B.C. last year. In fact, more than 54,000 light-duty electric vehicles are now registered in B.C. The Canadian Press
2 new airlines await Americans looking to fly somewhere

2 new airlines await Americans looking to fly somewhere

Americans are travelling in the greatest numbers in more than a year, and soon they will have two new leisure-oriented airlines to consider for those trips.
Policy-makers should tackle housing supply with more density, transit: CIBC CEO

Policy-makers should tackle housing supply with more density, transit: CIBC CEO

TORONTO — The head of Canadian Imperial Bank of Commerce says policy-makers should dramatically increase the country's housing supply, as sales and prices soar to record levels in cities including Toronto and Vancouver.
Dollarama's founding Rossy family selling 2.2 million shares in retailer

Dollarama's founding Rossy family selling 2.2 million shares in retailer

MONTREAL — Dollarama Inc. says the Rossy family, which founded the company, is selling a total of 2.2 million shares in the discount retailer. The company says GRI Investments Inc.
Pandemic-weary chefs, cooks enjoy serving from home

Pandemic-weary chefs, cooks enjoy serving from home

SCOTTSDALE, Ariz. — When COVID-19 shutdowns hit in March 2020, Mike Winneker, a hotel executive sous chef, found himself without work for the first time in years.