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Brookfield prepares for governments, private sector to grapple with post-COVID debt

Brookfield prepares for governments, private sector to grapple with post-COVID debt

TORONTO — Brookfield Asset Management Inc.
Key mortgage stress test rate eases, gives borrowers a little more room

Key mortgage stress test rate eases, gives borrowers a little more room

House-hunting Canadians saw their buying power increase this week as the benchmark five-year mortgage rate reported by the Bank of Canada fell for the third time this year, easing a key stress test faced by borrowers.
Energy firm charged with hindering Alberta Energy Regulator facility inspections

Energy firm charged with hindering Alberta Energy Regulator facility inspections

CALGARY — The Alberta Energy Regulator says it has laid charges against Land Petroleum International Inc. and president Bill Fung for hindering AER inspections in 2018.
Chorus Aviation reports Q2 profit down as regional passenger number plunge 97%

Chorus Aviation reports Q2 profit down as regional passenger number plunge 97%

Chorus Aviation Inc. saw profits fall as passenger numbers plummeted during the height of COVID-19-related shutdowns last quarter.
US says Iran briefly seizes oil tanker near Strait of Hormuz

US says Iran briefly seizes oil tanker near Strait of Hormuz

DUBAI, United Arab Emirates — The Iranian navy boarded and briefly seized a Liberian-flagged oil tanker near the strategic Strait of Hormuz amid heightened tensions between Tehran and the U.S., the American military said Thursday. The U.S.
Facebook beefs up anti-misinfo efforts ahead of US election

Facebook beefs up anti-misinfo efforts ahead of US election

OAKLAND, Calif. — Beginning Thursday, U.S. Facebook users who post about voting may start seeing an addendum to their messages -- labels directing readers to authoritative information about the upcoming presidential election.
McDonald's returns to 100% Canadian beef after COVID-19 supply chain issues

McDonald's returns to 100% Canadian beef after COVID-19 supply chain issues

TORONTO — McDonald's Canada says it will return to sourcing only Canadian beef in September after having to import beef temporarily due to COVID-19.
Chinese miner hires Canadian CEO as review continues on Nunavut gold mine buy

Chinese miner hires Canadian CEO as review continues on Nunavut gold mine buy

TORONTO — The Chinese company trying to buy TMAC Resources Ltd. has appointed a Barrick Gold Corp. veteran as CEO of its Canadian operations even though the deal is still being reviewed by Ottawa. Hong Kong-traded Shandong Gold Mining Co. Ltd.
Why anyone who deferred mortgage payments should check their credit score

Why anyone who deferred mortgage payments should check their credit score

TORONTO — Hundreds of thousands of Canadians have been negotiating with lenders over the past few months, hoping to hold off paying debt amid the COVID-19 pandemic. Now, those payments are beginning to filter through the credit reporting system.
AMC to offer 15-cent tickets on first day of reopening

AMC to offer 15-cent tickets on first day of reopening

NEW YORK — AMC Theatres, the nation's largest movie theatre chain, will reopen in the U.S. on Aug. 20 with retro ticket prices of 15 cents per movie.