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Loonie to remain weak as Canada, U.S. monetary paths diverge: Poll

The battered Canadian dollar will stay weak in the coming months as the Bank of Canada and U.S. Federal Reserve look set to take  different policy paths, a poll of currency strategists forecasts.
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Canada a petro-economy no more as car exports surpass energy
A Statistics Canada report Thursday showed shipments of motor vehicles surpassed those of energy in July for the first time since 2007, as oil prices plunged and a weaker currency enhanced the competitiveness.
Fall toy trends: Cooking sets for boys, action figures for girls
The push to break down barriers imposed by traditional gender roles has been going on for years, and it’s making its presence known in more and more areas of everyday life.
NEW
Crude oil retreats as attention shifts to U.S. payrolls number
Crude oil pared gains as a rally in U.S. equities faded ahead of Friday’s jobs report.
Canadian Western rises as profit sees little impact from oil drop
Canadian Western Bank rose in Toronto trading after posting third-quarter profit that showed little deterioration in the country’s energy-dependent provinces.
Canada oil industry says price drop makes new pipelines essential
Tumbling crude prices have made building new pipelines more important than ever for Canadian oil and gas producers because the fate of some projects hinges on shipping costs, the head of the industry's main lobby group said on Wednesday.
Greater Vancouver house prices soar 20% to average $1.47M
The average price for single-family detached homes in Greater Vancouver has jumped 20 per cent to a record $1.47-million over the past year as the affordability gap widens between houses and condos.
Joy Global cuts 2015 forecast after profit falls 37%
The mining equipment maker also said on Thursday that its restructuring charges could as much as double as it takes additional cost cut measures to cope with falling demand.
ECB seen cutting inflation outlook, hinting at more policy action
The European Central Bank is set to cut its inflation forecasts on Thursday but hold back from concrete policy action, promising only to beef up its bond-buying program if growth and inflation prospects weaken further.
Syncrude expected to return to normal production rates around end of month
Canada's largest synthetic crude project will return to normal operations toward the end of September, its operator said late on Wednesday, confirming market talk of an extended outage after last weekend's fire.
Top Picks from Swanzy Quarshie: Crescent Point Energy, PrairieSky Royalty and Bankers Petroleum
Top Picks from Swanzy Quarshie, Portfolio Manager, Sentry Investments.
Top Picks from Brendan Caldwell: Tricon Capital Group, Hardwoods Distribution and CCL Industries
Top Picks from Brendan Caldwell, president & CEO, Caldwell Investment Management/.
Energy Watch: Is Canada getting what it bargained for from CNOOC?
After taking over Nexen in 2012, CNOOC committed to listing its shares on the TSX, maintaining the Canadian headcount and adhering to high safety standards. But the company may not be keeping its promise.
Here is how much rent costs across Canada
Wondering how much fellow Canucks are paying in rent? Thanks to data compiled by a Canadian apartment listing website, now you can find out how much renters across the country are asked to fork over each month.
Greater Vancouver house prices soar 20% to average $1.47M
The average price for single-family detached homes in Greater Vancouver has jumped 20 per cent to a record $1.47-million over the past year as the affordability gap widens between houses and condos.
Here is how much rent costs across Canada
Wondering how much fellow Canucks are paying in rent? Thanks to data compiled by a Canadian apartment listing website, now you can find out how much renters across the country are asked to fork over each month.
House sales plunge in Calgary as energy sector job losses mount
Calgary’s housing market is showing signs of fracturing amid a fresh wave of layoffs announced by major energy companies in the city.
Toronto luxury home sales soar as international buyers snap up real estate
Sales of the most expensive luxury homes soared in Toronto in the first seven months of the year, fueled by foreign demand for housing Canada's largest city.
Buying a home? This is what you can afford in Canada
Affordability declined during the second quarter in the two most expensive markets, Vancouver and Toronto, a report by Royal Bank says.
Presales lead Toronto condo boom in first half of year
Toronto’s condo sector is shaping up to have one of its strongest years on record, dispelling fears that Canada’s largest housing market is ripe for a correction.
Real Estate Watch: Getting rid of nightmare tenants
A landlord advocate says Toronto homeowners are facing a growing problem: Fake tenants who convert rented homes into illegal rooming houses.
Home prices to rise despite economic slowdown: Poll
Canadian home prices are set to rise a little over 5 percent this year and 2 percent in 2016 despite a slowdown in activity as the economy weakens, a Reuters poll found.
Housing market ‘collateral damage’ for BoC amid rate conundrum
Canada's housing market could be a sacrificial lamb for the Bank of Canada as it tries to bolster a flagging domestic economy, according to Bank of America Merrill Lynch economist Emanuella Enenajor.
Cadillac Fairview sells 30% of TD Centre to Ontario Pension Board
Cadillac Fairview said it has agreed to sell a 30 percent stake in the Toronto-Dominion Centre office complex to the Ontario Pension Board, the companies said in a statement.
Real Estate Watch: RBC downplays chance of housing market crash
RBC Economics is shrugging off the prospects of a crash in the Canadian housing market even as some market watchers warn overvalued home prices could spell disaster for homeowners.
Economists caution against Harper’s focus on rising home-ownership rate
Stephen Harper is putting a new focus on Canada’s rising home-ownership rate, but some economists warn that pushing to drive it higher is a “wrong-headed” approach in an overheated market.

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