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Beware of debt relief scams that offer 'pie-in-the-sky promises'

Beware of debt relief scams that offer 'pie-in-the-sky promises'

TORONTO — For anyone facing spiralling debt and a falling credit rating, a debt relief consultant's picture-perfect solution could bring a glimmer of hope. But experts say if their promises seem too good to be true, they probably are.
Financial intelligence agency hands down $7.4M penalty to Royal Bank of Canada

Financial intelligence agency hands down $7.4M penalty to Royal Bank of Canada

OTTAWA — Canada's financial intelligence agency has levied a $7.4-million penalty against the Royal Bank of Canada for non-compliance with anti-money laundering and terrorist financing measures.
Weak economy looms over holiday shopping season as consumers seek value: retailers

Weak economy looms over holiday shopping season as consumers seek value: retailers

TORONTO — Santa is hearing Christmas wishes from children at malls adorned in holiday regalia, stores are teeming with eggnog and gingerbread treats and a barrage of marketing campaigns are promising the perfect gift is just one credit card swipe awa
Energy infrastructure firm AltaGas raising quarterly dividend for 2024

Energy infrastructure firm AltaGas raising quarterly dividend for 2024

CALGARY — AltaGas Ltd. is raising its dividend as it says it expects its earnings to grow next year, helped by its core operations. The energy infrastructure company says it will pay a quarterly dividend of 29.
Greater Toronto home sales fall amid affordability challenges but relief forecasted

Greater Toronto home sales fall amid affordability challenges but relief forecasted

TORONTO — Greater Toronto home sales fell six per cent last month compared with November 2022 despite an influx in new listings, as high borrowing costs and uncertain economic conditions persisted.
App company Amp Me to pay fine in settlement agreement with Competition Bureau

App company Amp Me to pay fine in settlement agreement with Competition Bureau

GATINEAU, Que. — The Competition Bureau says Amp Me Inc. has agreed to pay a fine to settle the regulator's concerns about false or misleading claims by the mobile application and the purchase of positive reviews.
US job openings fall to lowest level since March 2021 as labor market cools

US job openings fall to lowest level since March 2021 as labor market cools

WASHINGTON (AP) — U.S. employers posted 8.7 million job openings in October, the fewest since March 2021, in a sign that hiring is cooling in the face of higher interest rates yet remains at a still-healthy pace.
Quebec pork farmers reeling as a 'perfect storm' creates economic crisis

Quebec pork farmers reeling as a 'perfect storm' creates economic crisis

ST-SEBASTIEN, QUE. — Over the last two years, François Nadeau has chosen to do something rare among his fellow Quebec pork farmers: invest in the future.
CBC cutting 600 jobs, some programming as it slashes budget

CBC cutting 600 jobs, some programming as it slashes budget

TORONTO — The Canadian Broadcasting Corp. and Radio-Canada will eliminate about 600 jobs and an additional 200 vacancies will go unfilled as it contends with a $125-million budget shortfall.
Canada's grocery retail sector one of the most competitive on Earth: Sobeys CEO

Canada's grocery retail sector one of the most competitive on Earth: Sobeys CEO

OTTAWA — The top executive at Sobeys asserted on Monday that Canada has one of the most competitive grocery retail sectors on the planet — even as Canadians continue to feel the bite of higher prices.