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Canadians' household debt is high, but risk of major shock is low: economists

Canadians' household debt is high, but risk of major shock is low: economists

TORONTO — Decades of low interest rates and strong housing demand have led to high levels of household debt for Canadians, and now rising interest rates are increasing the cost of servicing that debt.
Thomson Reuters signs deal to buy cloud media asset management company Imagen

Thomson Reuters signs deal to buy cloud media asset management company Imagen

TORONTO — Thomson Reuters Corp. has signed a deal to buy Imagen Ltd., a company that helps sports organizations, businesses and media companies manage their digital content libraries on the cloud. Financial terms of the deal were not disclosed.
Postmedia in merger talks with Toronto Star owner Nordstar

Postmedia in merger talks with Toronto Star owner Nordstar

TORONTO — Postmedia Network Canada Corp. said Tuesday that it's in talks to merge with Nordstar Capital LP, the owner of Metroland Media Group and the Toronto Star.
The Great Grift: More than $200 billion in COVID-19 aid may have been stolen, federal watchdog says

The Great Grift: More than $200 billion in COVID-19 aid may have been stolen, federal watchdog says

WASHINGTON (AP) — More than $200 billion may have been stolen from two large COVID-19 relief initiatives, according to new estimates from a federal watchdog investigating federally funded programs that helped small businesses survive the worst public
Rodriguez says newsrooms will be supported should Meta, Google block news

Rodriguez says newsrooms will be supported should Meta, Google block news

OTTAWA — Canadian Heritage Minister Pablo Rodriguez said he remains hopeful digital giants will not make good on their threat to block access to Canadian news on their platforms, but if they do then the Liberal government will ensure newsrooms have t
Ivanka Trump dismissed from New York attorney general's fraud lawsuit against her father

Ivanka Trump dismissed from New York attorney general's fraud lawsuit against her father

NEW YORK (AP) — A New York appeals court dismissed Ivanka Trump on Tuesday from a wide-ranging fraud lawsuit brought against her father and his company last year by the state's attorney general.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,733.09, up 145.77): Toronto-Dominion Bank. (TSX:TD). Finance. Up 77 cents, or 0.97 per cent, to $80.05 on 13.0 million shares.
Suncor cyberattack likely to cost company millions of dollars, expert says

Suncor cyberattack likely to cost company millions of dollars, expert says

CALGARY — The systems breach at Suncor Energy Inc. will likely cost the company millions of dollars before it is able to resolve the issue, according to a cybersecurity expert.
Competition Bureau calls for limits to property controls in grocery industry

Competition Bureau calls for limits to property controls in grocery industry

Canada's competition watchdog is calling for changes to a common real estate practice used by grocers to limit competition.
Former Ottawa mayor Jim Watson joins community housing board

Former Ottawa mayor Jim Watson joins community housing board

Former Ottawa mayor Jim Watson is now a member of the Ottawa Community Housing foundation’s board of directors, the non-profit organization announced Tuesday.