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Five things for parents to think about when helping their child buy a home

Five things for parents to think about when helping their child buy a home

OTTAWA 鈥� Five things to think about if you're considering gifting money to your child to help buy a home: Mortgage insurance If you can help your child get to the 20 per cent threshold for their down payment, it will save them the cost of mortgage de
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What you need to know before helping your child with a home down payment

What you need to know before helping your child with a home down payment

OTTAWA 鈥� With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be a daunting task for first-time buyers.
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Aimia reaches settlement with Mithaq Capital, will add two Mithaq nominees to board

Aimia reaches settlement with Mithaq Capital, will add two Mithaq nominees to board

TORONTO 鈥� Aimia Inc. has signed a deal to settle its dispute with Mithaq Capital SPC, its largest shareholder, that will see the appointment of two Mithaq nominees to its board of directors. The company has also agreed to pay Mithaq US$1.
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Inflation gauge closely watched by the Fed falls to lowest level in 3 1/2 years

Inflation gauge closely watched by the Fed falls to lowest level in 3 1/2 years

WASHINGTON (AP) 鈥� As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels.
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McDonald's E. coli case count rises as federal officials inspect an onion grower

McDonald's E. coli case count rises as federal officials inspect an onion grower

WASHINGTON (AP) 鈥� Federal officials on Wednesday reported more cases of E. coli poisoning among people who ate at McDonald鈥檚, as government investigators seeking the outbreak鈥檚 source identified an 鈥渙nion grower of interest鈥� in Washington state.
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Alberta government proposing bigger fines for illegal slaughter and sale of meat

Alberta government proposing bigger fines for illegal slaughter and sale of meat

EDMONTON 鈥� The Alberta government is proposing legislative changes in an effort to deter the illegal sale and slaughter of meat. Agriculture Minister R.J.
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TMX Group Ltd. earns $82.7 million in third quarter, revenue rises 23 per cent

TMX Group Ltd. earns $82.7 million in third quarter, revenue rises 23 per cent

TORONTO 鈥� TMX Group Ltd. says it earned $82.7 million in its third quarter, slightly down from $85.3 million a year earlier. Revenue for the company that operates the Toronto Stock Exchange totalled $353.8 million. That's up 23 per cent from $287.
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Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

LONDON (AP) 鈥� British Treasury chief Rachel Reeves raised taxes Wednesday by around 40 billion pounds ($52 billion) to plug a hole she claims to have identified in the public finances and fund the U.K.
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Spin Master earns US$140.1 million in third quarter, revenue rises

Spin Master earns US$140.1 million in third quarter, revenue rises

TORONTO 鈥� Spin Master Corp. says it earned US$140.1 million in its third quarter, down 15 per cent from a year earlier. The toy company known for Paw Patrol and other popular brands says revenue totalled US$885.7 million, up from US$710.
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Ontario sets table to balance the books ahead of possible early election

Ontario sets table to balance the books ahead of possible early election

TORONTO 鈥� Ontario sharply lowered its projected deficit for next year in a move the opposition suggests is all about setting the stage for a balanced budget just ahead of a possible spring election.
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