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Systemic fair access violations found in Ontario auto insurance: regulator

Systemic fair access violations found in Ontario auto insurance: regulator

TORONTO — Ontario auto insurers have been involved in intentional, industry-wide violations of rules around fair access to coverage, the sector's regulator said Thursday.
Saskatchewan government-owned liquor stores post financial loss after closures

Saskatchewan government-owned liquor stores post financial loss after closures

REGINA — The Saskatchewan government has spent millions of dollars to shutter its remaining liquor stores, resulting in the retailers posting a financial loss this year.
US military may put armed troops on commercial ships in Strait of Hormuz to stop Iran seizures

US military may put armed troops on commercial ships in Strait of Hormuz to stop Iran seizures

DUBAI, United Arab Emirates (AP) — The U.S.
Saudi Arabia extends cut of 1 million barrels of oil a day, potentially boosting prices at the pump

Saudi Arabia extends cut of 1 million barrels of oil a day, potentially boosting prices at the pump

DUBAI, United Arab Emirates (AP) — Saudi Arabia said Thursday it will extend its unilateral production cut of 1 million barrels of oil a day through the end of September in its effort to boost flagging energy prices, a move that could push U.S.
Bell says more cost restructuring possible as Q2 net earnings fall almost 40%

Bell says more cost restructuring possible as Q2 net earnings fall almost 40%

Following a quarter in which it began cutting 1,300 positions, shuttered six radio stations and closed two foreign news bureaus, BCE Inc. says more cost restructuring could be in store in response to declining ad revenue and regulatory hurdles.
Consumer and business insolvencies rising under weight of higher interest rates

Consumer and business insolvencies rising under weight of higher interest rates

The Office of the Superintendent of Bankruptcy says both consumer and business insolvencies rose significantly in the second quarter amid heightened interest rates.
Toronto home sales and prices up from last July, down from June: TRREB

Toronto home sales and prices up from last July, down from June: TRREB

TORONTO — The Toronto Regional Real Estate Board says July's home sales, listings and prices edged up from the same time last year, but activity looks to be slowing in the face of higher interest rates.
Peer-to-peer car-sharing turns a corner — but are you ready to rent out your car?

Peer-to-peer car-sharing turns a corner — but are you ready to rent out your car?

When Jennifer Cummings flew down to Florida from St. John’s, N.L., last summer, she opted to arrive in style. The 41-year-old signed on to a “peer-to-peer” car-sharing site and rented a gleaming white Alfa Romeo SUV — from its private owner.
Lightspeed sees $46.7M net loss in Q1 as it launched products in new markets

Lightspeed sees $46.7M net loss in Q1 as it launched products in new markets

MONTREAL — Lightspeed Commerce Inc. is reporting a US$48.7 million net loss in its most recent quarter as it introduced several products to new markets.
No injuries after timber beam falls from Hibernia offshore oil platform

No injuries after timber beam falls from Hibernia offshore oil platform

ST. JOHN'S, N.L. — Newfoundland and Labrador's offshore petroleum regulator says nobody was injured in a potentially deadly accident on the deck of the Hibernia Platform last month.
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