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Government plans foreign buyers tax in bid to create affordable housing

Government plans foreign buyers tax in bid to create affordable housing

TORONTO — The Liberal government says it will take steps over the next year to tax foreign homeowners who live outside of Canada as part of a plan to lower housing prices.
BlackBerry shares soar in wake of Amazon deal to develop vehicle data platform

BlackBerry shares soar in wake of Amazon deal to develop vehicle data platform

WATERLOO, Ont. — Shares in BlackBerry Ltd. gained as much as 63.9 per cent in intraday trading on Tuesday following news of a deal with Amazon Web Services to develop and market BlackBerry's intelligent vehicle data platform, called IVY.
Nasdaq seeks mandatory board diversity for listed companies

Nasdaq seeks mandatory board diversity for listed companies

Nasdaq is pushing for the more than 3,000 companies listed on its U.S. stock exchange to make their boardrooms less overwhelmingly male and white by hiring directors that better reflect the country's diverse population.
Bombardier and Alstom say railway deal has received all regulatory approvals

Bombardier and Alstom say railway deal has received all regulatory approvals

MONTREAL — Bombardier and Alstom say they have received all the necessary regulatory approvals required to complete the US$8.4-billion sale of the Canadian company's railway division to Alstom.
EU eyes Dec 29 approval for 1st virus vaccine, later than US

EU eyes Dec 29 approval for 1st virus vaccine, later than US

BERLIN — The European Union drug agency said Tuesday it may need four more weeks to approve its first coronavirus vaccine, even as authorities in the United States and Britain continue to aim for a green light before Christmas.
Digital nomads continue to live abroad amid pandemic, but with limitations

Digital nomads continue to live abroad amid pandemic, but with limitations

Prior to the pandemic, Artem Polyvyanny used to choose where he wanted to live and work pretty much on a whim.

Consumers protest new measure of 'unfair' airline practices

Consumer advocates are protesting a move by the Trump administration that they say will make it harder for the government to punish airlines that treat passengers unfairly.
OPEC talks on production hit snag as pandemic clouds outlook

OPEC talks on production hit snag as pandemic clouds outlook

FRANKFURT — The OPEC oil producers' cartel was to push ahead with a new round of discussions Tuesday about how much to pump next year as countries wrestled over whether to extend the production cuts that have been supporting prices depressed by the p
Imperial Oil to write off up to $1.2 billion in Alberta natural gas assets

Imperial Oil to write off up to $1.2 billion in Alberta natural gas assets

CALGARY — Shares in Imperial Oil Ltd. were rising after it announced late Monday it would write down up to $1.2 billion on Canadian assets it doesn't think it will ever develop.
Scotiabank, BMO 'cautiously optimistic' about COVID rebound after reporting profits

Scotiabank, BMO 'cautiously optimistic' about COVID rebound after reporting profits

TORONTO — Canadian bank executives say an economic rebound is on its way after months of governments and financial institutions working to offset turmoil with loans, deferrals, interest rate cuts and subsidies.