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City of Toronto seeks input on vacant home tax intended to increase housing supply

City of Toronto seeks input on vacant home tax intended to increase housing supply

Torontonians are being asked for their input on a new tax aimed at boosting housing supply amid the city's ongoing affordability crisis.

Business groups expect strong uptake of Ontario QR code vaccine certificates

TORONTO — Ontario business groups expect strong uptake of the new provincial app used to verify patrons' proof of COVID-19 vaccination but say they'd like financial support from the government to cover extra costs associated with it.

Stantec buying Cardno's North American and Asia Pacific engineering business

EDMONTON — Shares in Stantec Inc. gained more than 10 per cent Thursday after the company announced a deal to buy Cardno Ltd.'s North American and Asia Pacific engineering and consulting business for US$500 million.
New Toronto company can alert firms to unintended consequences in their AI

New Toronto company can alert firms to unintended consequences in their AI

TORONTO — Rarely a week goes by without Toronto tech worker Karthik Ramakrishnan seeing another example of artificial intelligence gone wrong.
PropTech is making it easier to buy or sell a house online

PropTech is making it easier to buy or sell a house online

CALGARY — Kim and Dave Bailey knew they wanted to build their new home on a lot that would accommodate a three-car garage.
NTSB: Driver was behind wheel at time of Texas Tesla crash

NTSB: Driver was behind wheel at time of Texas Tesla crash

DETROIT (AP) — A driver was behind the wheel when a Tesla electric car crashed and burned last April in Houston, killing two men, neither of whom was found in the driver's seat. The U.S.
Existing home sales surge as interest rates point higher

Existing home sales surge as interest rates point higher

Sales of previously occupied U.S. homes bounced back in September to their strongest pace since January as worries about higher mortgage rates motivated buyers to get off the sidelines.
US unemployment claims fall to new pandemic low of 290,000

US unemployment claims fall to new pandemic low of 290,000

WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to a new low point since the pandemic erupted, evidence that layoffs are declining as companies hold onto workers.

CI Financial buying U.S. wealth management firm McCutchen Group

TORONTO — CI Financial Corp. has signed a deal to buy U.S. wealth management firm McCutchen Group LLC. Financial terms of the agreement were not immediately available. Seattle-based McCutchen Group has US$3.4 billion in assets under management.
Canadians plan to spend more this holiday and return to stores, says survey

Canadians plan to spend more this holiday and return to stores, says survey

TORONTO — A Retail Council of Canada survey says Canadians are planning to spend more this holiday season as they prepare to return to stores in greater numbers a year after the COVID-19 pandemic prompted many to shop online.