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Canadian dollar weakness to persist into 2025, expert predicts

Canadian dollar weakness to persist into 2025, expert predicts

After falling to a four-year low last week, the loonie was up slightly Monday at 71.18 cents US. But it still remains lower than it has been since the early days of COVID, and is nearly four per cent below where it was trading in September.
CMHC reports annual pace of housing starts up eight per cent in October

CMHC reports annual pace of housing starts up eight per cent in October

OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts in October rose eight per cent compared with September.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Postal strike Canada Post was hit by a strike Friday after failing to reach a new contract with about 55,000 workers represented by the Canadian Union of Postal Wor
Orla Mining signs deal to buy Musselwhite gold mine in Ontario from Newmont

Orla Mining signs deal to buy Musselwhite gold mine in Ontario from Newmont

VANCOUVER — Orla Mining Ltd. has signed a deal to buy the Musselwhite gold mine in Ontario from Newmont Corp.
Trudeau to meet with Biden at G20 summit as Canada crafts approach to emerging powers

Trudeau to meet with Biden at G20 summit as Canada crafts approach to emerging powers

RIO DE JANEIRO — Prime Minister Justin Trudeau will meet with U.S. President Joe Biden in Brazil at the G20 summit, as Ottawa seeks its place amid a growing rift between Washington and booming economies in the developing world.
Trudeau says APEC leaders focused on how to trade with Trump administration

Trudeau says APEC leaders focused on how to trade with Trump administration

LIMA — Prime Minister Justin Trudeau says he's been advising world leaders to focus on common goals with Donald Trump ahead of his return to the White House, as Canada shores up its relations with countries across the Pacific Rim.
Canada, Indonesia agree to trade pact, Trudeau touts nuclear energy for Indo-Pacific

Canada, Indonesia agree to trade pact, Trudeau touts nuclear energy for Indo-Pacific

LIMA — Ottawa has concluded negotiations for a trade deal with Indonesia and is proposing nuclear-energy collaboration with Southeast Asian leaders.
Home prices decreasing in B.C.’s ski regions, says Royal LePage

Home prices decreasing in B.C.’s ski regions, says Royal LePage

Interest rates, capital gains taxes and short-term rental measures are some factors in province’s recreational property transactions
Claims open in $12.5M class-action settlement over WestJet baggage fees

Claims open in $12.5M class-action settlement over WestJet baggage fees

VANCOUVER — Some travellers who checked baggage on certain WestJet flights between 2014 and 2019 may now claim their share of a class-action settlement approved by the British Columbia Supreme Court last month and valued at $12.5 million.
Ottawa rules out early intervention to end Canada Post strike

Ottawa rules out early intervention to end Canada Post strike

OTTAWA — The Liberal government in Ottawa is signalling it's not currently planning to intervene to end the Canada Post strike, even though the two sides appear to be far apart and the strike is hitting at the busiest time of year for the postal serv