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Canadian Market Modestly Higher On Results, Economic Data

The Canadian market is modestly higher Thursday morning, with investors reacting to the nation's GDP data and earnings updates, in addition to tracking the crucial inflation reading from the U.

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Canadian banks' limited office loans offer investors some comfort

Limited exposure to U.S. commercial real estate (CRE) is giving shareholders hope that Canada's big banks can weather the storm that has rocked rivals in the United States and Europe. However, investors will be on alert for signs of stress when Canada's top six banks next week post first quarter earnings, that will continue to be pressured by high bad loan provisions. The beleaguered U.S. CRE sector has taken a toll on banks in Europe and Asia, with borrowers at the risk of defaulting on loans as high interest rates and low occupancies hit valuations.

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Canada Bonds Surge as Inflation Slows More Than Forecast to 2.9%

(Bloomberg) -- Canadian consumer prices eased at the start of this year, with progress on underlying pressures likely to give the Bank of Canada more room to start considering rate cuts in the coming months.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersYour 401(k) Will Be Gone Within a DecadeA $6 Trillion Wall of Cash Is Holding Firm as

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Canadian Home Price Drop Risks Pushing $34 Billion in Loans Underwater

(Bloomberg) -- Falling Canadian home prices and higher mortgage payments have eaten into the value of borrowers’ investments, and a further 20% decline in prices could push C$46 billion ($34 billion) of home loans at the country’s largest lenders underwater, according to a new report. Most Read from BloombergRussia Says Ukraine Downed Plane Carrying Prisoners for SwapTesla Flags ‘Notably Lower’ Growth as It Builds Low-Cost CarBillionaire Joe Lewis Pleads Guilty in Insider Trading CaseTrump Races

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TSX Ends On Firm Note As Bank, Industrials Shares Rally

The Canadian market ended on a firm note on Thursday, with investors digesting Canadian GDP data, earnings updates from major banks, and a report on U.S. consumer price growth.

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Bay Street Looks Headed For Positive Start

Higher U.S. and Canadian futures, firm crude oil prices, and positive European markets are pointing to a higher start for Canadian shares on Thursday. The focus is on Canadian GDP data and U.

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Canadian Market Pares Early Gains; Bank Stocks In Focus After Results

After opening modestly higher and moving further up, the Canadian market pared most of its gains Thursday morning with consumer staples and technology stocks drifting lower on selling pressure.

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CIBC Is Hiring Across Canada & You Don't Need A Degree To Apply

If you've been on the lookout for jobs in Canada, the Canadian Imperial Bank of Commerce (CIBC) is currently hiring loads of roles across the country with a handful that don't require a degree. The financial services corporation was recently listed as one of the most sought-after companies in Canada, along with companies such as Lululemon, RBC and Air Canada. In addition to working for a top Canadian company, CIBC offers its employees a range of benefits, too.

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TSX Ends Weak For 3rd Straight Day

The Canadian market ended weak on Thursday, declining for a third straight day, as lingering concerns about economic slowdown, and fears of a U.S. debt default rendered the mood bearish.

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