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OPEC deal optimism pushes up oil prices
The oil world is optimistic, which means Brent crude has enjoyed a weekly rise in prices, the first time that has happened in five weeks. The optimism is centred on renewed hopes that the producer group OPEC might agree to limit the...
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Cuban winter reprieve
Dianne Buckner reports on what Canadians going to Cuba can expect now that the U.S.has eased travel restrictions
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Trump takes on pharma
Steve Morgan of UBC's Centre for Health Services and Policy Research on what curtailing U.S. drug imports could do to prices
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BCE-MTS deal gets OK
Ben Klass, Canadian Media Concentration Research Project, on the latest telecom consolidation
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Microsoft to raise prices over Brexit vote linked pound slump
Microsoft has said it will sharply increase the prices for some of its products in Britain. The move following the value of the pound plunging. Thousands of companies and government departments who rely on its services will have to pay...
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Eurozone business activity improves in October
Business activity in the eurozone has expanded in October at the fastest pace so far this year. Germany was again the star. According to the latest surveys of companies conducted by IHS Markit, the region’s largest economy recovered from...
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Optimism rises over OPEC oil freeze deal, Russia pledges to join in
Russia has said it is ready to join a proposed freeze of oil output by OPEC members. President Vladimir Putin, speaking at an energy conference in the Turkish city of Istanbul, said that low oil prices have led to underinvestment into...
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Weak pound prompts price punch-up between Tesco and Unilever
The plunge in the value of the pound has prompted a short lived pricing row with Britain’s biggest retailer – Tesco – halting online sales of top-selling items produced by Unilever. The pound’s fall since a referendum vote decided...
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Bank of Japan changes stimulus policy
The Bank of Japan is changing tack as it tries to get the economy growing again. For the last three years it has been printing massive amounts of money – quantitative easing – to buy bonds hoping that that cash would make its way into...
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Need housing supply
Tim Hudak, CEO, Ontario Real Estate Association, on the low number of new homes for sale in Toronto area
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Canadian drug prices
Steve Morgan, professor of public health at UBC, on a new study that says Canadians are paying a lot more for the drugs we use
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Young house buyers at risk
CBC's Renee Filippone reports on the risk to young homeowners when rates rise or the bubble bursts
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When housing bubble bursts
David Macdonald of Canadian Centre for Policy Alternatives discusses who is at risk from overvalued housing
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Saudi Arabia and Russia signed an oil deal – but what does it mean?
Saudi Arabia and Russia have signed an agreement to cooperate over oil – setting up a task force to review market fundamentals and recommend measures and actions. But Saudi Arabia’s Minister of Energy, Industry and Natural Resources...
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Oil dips below $50 a barrel as production limit hopes fade
Crude oil prices slipped back on Monday after hitting an eight-week high following their longest run of gains in four years, breaking through the $50 a barrel barrier. Investors were responding to news that US shale oil drillers continue...
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Hopes of a production freeze dim, pulling down oil prices
Oil prices have slipped amid fading hopes of an agreement to limit production. The benchmark Brent crude is hovering around $49 dollars a barrel. Despite the market being oversupplied, prices rose more than 20 percent in the first three...
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Foreign-buyer tax
Robert Kavcic, senior economist at BMO, on the need for high-price markets to look at a tax on foreign property buyers
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No corrections
Royal LePage CEO Phil Soper on the firm's outlook for the Canadian housing market
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Europe’s lorry manufacturers hit with €3 billion fine for price-fixing
Four of Europe’s top lorry manufacturers have been fined €2.93 billion for price-fixing. It’s the EU’s biggest ever fine for this type of crime. The European Commission said Volvo/Renault, Daimler, MAN, Iveco and DAF colluded to keep...
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Europe’s lorry manufacturers hit with €3 billion fine for price-fixing
Four of Europe’s top lorry manufacturers have been fined €2.93 billion for price-fixing. It’s the EU’s biggest ever fine for this type of crime. The European Commission said Volvo/Renault, Daimler, MAN, Iveco and DAF colluded to keep...
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Eurozone inflation 0.1% in June – first rise in five months
Inflation is back for the eurozone. Consumer prices rose in June for the first time since January in the 19 countries that use the euro. They were up by 0.1 percent compared with June last year. In May consumer prices were down by 0.1...
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Housing slowdown
Brett House of Scotiabank and Samantha Brookes of Mortgages of Canada on the state of the housing market
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Steel tariffs deadline
Joshua Zive and Brian Turmail on the pending expiration of Canada's exemption from U.S. metal tariffs.
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Navigating Europe’s Choppy Economic Waters: Forecasts and Uncertainty
For the first time in almost a decade, all of Europe’s economies are set to grow. But major questions remain on whether that growth can actually happen this year or next with all the uncertainty surrounding us, from mixed messages from...