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LinkedIn launches government ID-based verification in Canada to build trust

LinkedIn launches government ID-based verification in Canada to build trust

TORONTO — Canadian LinkedIn users wanting to ensure the public that they're the real deal now have another method of verifying their online/digital identity: government identification.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,812.23, down 86.84): Suncor Energy Inc. (TSX:SU). Energy. Up $1.08, or 2.51 per cent, to $44.18 on 10.5 million shares.
S&P/TSX composite moves lower Thursday despite energy gains, U.S. stock markets down

S&P/TSX composite moves lower Thursday despite energy gains, U.S. stock markets down

TORONTO — Strength in energy stocks Thursday wasn't enough to keep Canada's main stock index from posting a loss amid weakness in tech and other sectors, while U.S. markets also declined.
Stock market today: Wall Street slumps again as higher bond yields keep biting

Stock market today: Wall Street slumps again as higher bond yields keep biting

NEW YORK (AP) — Wall Street fell for a third straight day as rising yields in the bond market keep cranking up the pressure. The S&P 500 lost 0.8% Thursday, with August on track to be its worst month of the year by far.
Ford announces $1.2B EV battery material plant with funding from Quebec, feds

Ford announces $1.2B EV battery material plant with funding from Quebec, feds

BÉCANCOUR, Que. — Ford Motor Co. and its South Korean partners said Thursday they're building a $1.2 billion manufacturing plant for electric vehicle battery material in Quebec with the help of government funding.
Canadian fintech valuations hit pandemic-era levels as investment sinks: report

Canadian fintech valuations hit pandemic-era levels as investment sinks: report

TORONTO — Investment in Canadian fintech companies plunged in the first half of the year as valuations fell to levels not seen since the beginning of the pandemic, says a report by KPMG in Canada.
Supreme Court to hear appeal from airlines on air passenger rights compensation

Supreme Court to hear appeal from airlines on air passenger rights compensation

OTTAWA — The Supreme Court of Canada agreed on Thursday to hear an appeal from a group of airlines looking to quash rules that boost compensation to passengers for delayed flights or damaged luggage. Air Canada, Porter Airlines Inc.
Metro asks Labour Ministry for help reaching deal with striking GTA workers, Unifor

Metro asks Labour Ministry for help reaching deal with striking GTA workers, Unifor

TORONTO — Metro Inc. has asked a conciliation officer to step in and help it find a resolution to a strike by grocery store workers in Toronto, the grocer said Thursday.
NDP calls on feds to give study permits to institutions with 'credible' housing plan

NDP calls on feds to give study permits to institutions with 'credible' housing plan

OTTAWA — NDP Leader Jagmeet Singh announced a plan to address student housing shortages on Thursday.
Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years

Average long-term US mortgage rate climbs to 7.09% this week to highest level in more than 20 years

The average long-term U.S. mortgage rate climbed this week to its highest level in more than 20 years, pushing up borrowing costs for homebuyers already challenged by a housing market that remains competitive due to a dearth of homes for sale.