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B.C., Ontario mortgage-holders increasingly missed payments in Q4, Equifax says

B.C., Ontario mortgage-holders increasingly missed payments in Q4, Equifax says

TORONTO — Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said.
Toronto home sales up in February from last year as consumers eye rate cuts

Toronto home sales up in February from last year as consumers eye rate cuts

TORONTO — Greater Toronto home sales and listings were up in February from last year, but adjusted sales were down from a month earlier, the region's real estate board said Tuesday. Sales were up 17.
Canada lags behind peer countries on female representation in management: report

Canada lags behind peer countries on female representation in management: report

OTTAWA — Women in corporate leadership still face barriers, with significant gaps in business ownership, representation and compensation, said the Canadian Chamber of Commerce.
Pet Valu reports Q4 profit and sales up from year ago, raises quarterly dividend

Pet Valu reports Q4 profit and sales up from year ago, raises quarterly dividend

MARKHAM, Ont. — Pet Valu Holdings Ltd. raised its quarterly dividend by 10 per cent as it reported its fourth-quarter profit and sales rose compared with a year ago.
Benefits, fees, hidden perks: Choosing the right credit card for your lifestyle

Benefits, fees, hidden perks: Choosing the right credit card for your lifestyle

Critical to building a credit history, credit cards are a rite of passage into financial adulthood. Even if you’re debt-phobic or have heard too many horror stories of people maxing out their cards, you can’t skip this step.
Visa names Michiel Wielhouwer as new president and country manager for Visa Canada

Visa names Michiel Wielhouwer as new president and country manager for Visa Canada

TORONTO — Visa has named Michiel Wielhouwer as the new president and country manager for Visa Canada. He will succeed Stacey Madge, who has been in the job for the past seven years. Wielhouwer is a veteran Visa executive with 22 years of experience.
China sets an economic growth target of 5% and pledges help for consumers and property developers

China sets an economic growth target of 5% and pledges help for consumers and property developers

BEIJING (AP) — China's official growth target for this year is around 5%, Premier Li Qiang said Tuesday in an annual report on the government's plans and performance that prioritized both security and the economy.
JetBlue and Spirit are ending their $3.8 billion merger plan after a federal judge blocked the deal

JetBlue and Spirit are ending their $3.8 billion merger plan after a federal judge blocked the deal

JetBlue Airways and Spirit Airlines are ending their proposed $3.8 billion merger weeks after a federal judge blocked the deal, saying it would hurt consumers who depend on Spirit's lower fares.
Energy regulator approves Enbridge tolling deal for Mainline pipeline system

Energy regulator approves Enbridge tolling deal for Mainline pipeline system

CALGARY — Enbridge Inc. says the federal energy regulator has approved the tolling deal for its Mainline pipeline system. It's the latest milestone after the Calgary-based company reached an agreement with shippers in May of last year.
Federal Court judge scraps Ottawa's green light for CN Rail hub in Ontario

Federal Court judge scraps Ottawa's green light for CN Rail hub in Ontario

A Federal Court decision has nixed Ottawa's approval of a massive rail-and-truck hub in the Greater Toronto Area. The ruling states that the federal government failed to grapple with whether Canadian National Railway Co.