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Mortgage moves 'good news' for borrowers, but budget lacks housing support: experts

Mortgage moves 'good news' for borrowers, but budget lacks housing support: experts

TORONTO — Real estate observers say a new mortgage code of conduct promised in the federal budget will be handy for 91Ô­´´s facing financial difficulties, but they still feel the economic plan was lacking needed housing affordability measures.
Dollarama sales rise as consumers flock to lower prices amid high inflation

Dollarama sales rise as consumers flock to lower prices amid high inflation

MONTREAL — Discount chain Dollarama Inc. recorded a surge in sales in its latest quarter as its low prices on everyday household items attracted shoppers in search of relief from high inflation.
Businesses praise budget's credit card fee relief but some question consumer savings

Businesses praise budget's credit card fee relief but some question consumer savings

91Ô­´´ Federation of Independent Business calls it the 'biggest win' of the federal budget
B.C. Ferries to test new ticket system at Duke Point

B.C. Ferries to test new ticket system at Duke Point

B.C. Ferries earlier issued a request for pre-qualification for four Island-class vessels, which are hybrid diesel-electric ferries.
B.C. low-carbon initiatives getting millions in grants from province

B.C. low-carbon initiatives getting millions in grants from province

Victoria company Open Ocean Robotics received $1.75 million for its work on solar-powered unmanned vessels, which collect data from the ocean.
Unprecedented construction needed in B.C. to offset record immigration: Report

Unprecedented construction needed in B.C. to offset record immigration: Report

VANCOUVER — Home construction in British Columbia will need to rise to unprecedented levels to offset the impact of record immigration on the housing market, the B.C. Real Estate Association said in a new report on Tuesday.
Canada heading into 'mild recession' as tight monetary policy squeezes growth: Report

Canada heading into 'mild recession' as tight monetary policy squeezes growth: Report

OTTAWA — New research says Canada is heading into a mild recession as elevated borrowing costs, a downturn in the U.S. and persistent inflation dial up the country's economic uncertainty.
For Victoria tech company, Indigenous values are central to hiring, projects and strategy

For Victoria tech company, Indigenous values are central to hiring, projects and strategy

Animikii uses as a guide the Anishinaabe Seven Grandfather Teachings, which include love, truth and respect.
First Indigenous-run Starbucks in Canada to open near Campbell River

First Indigenous-run Starbucks in Canada to open near Campbell River

Coffee outlet will provide the We Wai Kai Nation an opportunity to create a self-reliant economy, says Chief Ronnie Chickite.
Walmart Canada CEO says retailer not trying to profit from inflation

Walmart Canada CEO says retailer not trying to profit from inflation

OTTAWA — Walmart Canada is not trying to profit from food inflation, president and CEOGonzalo Gebara told a parliamentary committee studying the issue Monday evening.