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S&P/TSX composite closes down more than 150 points, U.S. stock markets also sink

S&P/TSX composite closes down more than 150 points, U.S. stock markets also sink

TORONTO — Stock markets in Canada and the U.S. fell Friday as investors began to digest the implications of a Donald Trump presidency.
Retail sales up solidly in October as Americans showed continued willingness to spend

Retail sales up solidly in October as Americans showed continued willingness to spend

WASHINGTON (AP) — Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy's steady growth. Retail sales rose 0.
Famous Winston Churchill portrait returns to Ottawa after international art caper

Famous Winston Churchill portrait returns to Ottawa after international art caper

A stolen portrait of Winston Churchill that was swapped with a dodgy forgery during the pandemic has returned to its rightful place, after two Ottawa police detectives travelled to Rome to retrieve it.
Immigration cuts will help housing gap, PBO says, but less than government projects

Immigration cuts will help housing gap, PBO says, but less than government projects

OTTAWA — The federal government is overestimating the impact its cuts to immigration will have on the country's housing shortage, the Office of the Parliamentary Budget Officer said in a new report.
Montreal children’s hospitals over capacity, ask parents not to come unless urgent

Montreal children’s hospitals over capacity, ask parents not to come unless urgent

Montreal pediatric hospitals are surging over capacity and asking parents to avoid the emergency department unless their child is seriously ill or injured. Dr.
Blue Bombers defensive back Tyrell Ford focused as Winnipeg returns to Grey Cup

Blue Bombers defensive back Tyrell Ford focused as Winnipeg returns to Grey Cup

VANCOUVER — Jordan Younger knew right away that Tyrell Ford was a special talent. He first noticed the Canadian defensive back at the CFL combine in 2022 and was impressed.
Canadian men start climb back up rugby sevens ladder later this month at RAN Sevens

Canadian men start climb back up rugby sevens ladder later this month at RAN Sevens

Canada looks to take the first step back up the rugby sevens ladder when it competes in the Rugby Americas North (RAN) Sevens later this month.
N.B. fiscal update projects bigger deficit due to 'significant' travel nurse costs

N.B. fiscal update projects bigger deficit due to 'significant' travel nurse costs

FREDERICTON — New Brunswick's new Liberal finance minister is projecting a deficit of $92.1 million for the current fiscal year, a reversal from the $40.9-million surplus budgeted last spring by the previous Progressive Conservative government.
Trump defense pick had been flagged by fellow service member as possible 'Insider Threat'

Trump defense pick had been flagged by fellow service member as possible 'Insider Threat'

WASHINGTON (AP) — Pete Hegseth, the Army National Guard veteran and Fox News host nominated by Donald Trump to lead the Department of Defense , was flagged as a possible “Insider Threat” by a fellow service member due to a tattoo he has that's associ
Austria says Russia's Gazprom will cut off natural gas supply this weekend

Austria says Russia's Gazprom will cut off natural gas supply this weekend

VIENNA (AP) — Russia’s state-owned natural gas company Gazprom will cut off supplies to Austria’s OMV utility early Saturday, Austria’s chancellor said, adding that his country’s underground gas storage was full and that it had alternative, non-Russi