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Rising provisions drag on Scotiabank results, but bank sees levelling of stress

Rising provisions drag on Scotiabank results, but bank sees levelling of stress

TORONTO — The Bank of Nova Scotia saw third-quarter profits fall compared with a year ago as it boosted its provisions for bad loans, even as the bank says it's seeing some levelling out of the financial stress on Canadian consumers.
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US consumer confidence rises in August as Americans' optimism about future improves

US consumer confidence rises in August as Americans' optimism about future improves

American consumers felt more confident in August as their outlook for the future improved. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 103.3 in August from 101.9 in July.
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Air Canada offers rebooking flexibility for flights around possible strike date

Air Canada offers rebooking flexibility for flights around possible strike date

MONTREAL — Air Canada is offering passengers who have booked flights around the date of a possible pilot strike next month some increased flexibility in rebooking their travel.
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China accuses Canada of protectionism over 100% tariffs on electric vehicles

China accuses Canada of protectionism over 100% tariffs on electric vehicles

BEIJING (AP) — China on Tuesday accused Canada of protectionism after Prime Minister Justin Trudeau's government imposed a 100% tariff on imports of Chinese-made electric vehicles , matching U.S. duties on Chinese EVs.
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US consumer confidence rises in August as Americans' optimism about future improves

US consumer confidence rises in August as Americans' optimism about future improves

American consumers felt more confident in August as their outlook for the future improved. The Conference Board, a business research group, said Tuesday that its consumer confidence index rose to 103.3 in August from 101.9 in July.
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Taking a gap year during your education? Here's how to make the best financial plan

Taking a gap year during your education? Here's how to make the best financial plan

Whether it's to travel the world or just take a breather before moving on to the next chapter, students sometimes pause their educational pursuits for a so-called gap year.
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The biggest diamond in over a century is found in Botswana - a whopping 2,492 carats

The biggest diamond in over a century is found in Botswana - a whopping 2,492 carats

GABORONE, Botswana (AP) — The largest diamond found in more than a century has been unearthed at a mine in Botswana, and the country's president showed off the fist-sized stone to the world at a viewing ceremony Thursday.
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Edgar Bronfman Jr. withdraws offer for Paramount, allowing Skydance merger to go ahead

Edgar Bronfman Jr. withdraws offer for Paramount, allowing Skydance merger to go ahead

NEW YORK (AP) — The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer.
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Nearly half of students can't cover basics such as food and housing: TD poll

Nearly half of students can't cover basics such as food and housing: TD poll

In a new survey from TD Bank, nearly half of Canadian students say they are unable to adequately cover basic needs such as food and housing. The online poll found 45 per cent of those surveyed say the cannot cover their basic needs.
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Younger Canadians missing payments on credit products: Equifax

Younger Canadians missing payments on credit products: Equifax

An Equifax Canada report says missed credit payments were higher among younger Canadians in the second quarter due to living costs and unemployment.
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