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Torstar Corp. buying Ottawa-based political news website iPolitics Inc.

Torstar Corp. buying Ottawa-based political news website iPolitics Inc.

TORONTO — The company that owns the Toronto Star newspaper has signed a deal to buy iPolitics Inc., an Ottawa-based digital political news service. Financial terms of the deal were not immediately available. Torstar Corp.
Under Armour cuts 400 jobs as it streamlines

Under Armour cuts 400 jobs as it streamlines

BALTIMORE — Under Armour will cut about 400 jobs, part of a restructuring that the sports gear maker announced earlier this year. The Baltimore company actually began a streamlining last year after explosive sales growth tailed off.
Digital version of classical pianist Glenn Gould set to tour with live orchestra

Digital version of classical pianist Glenn Gould set to tour with live orchestra

TORONTO — The late classical pianist Glenn Gould is returning to stages in digital form as part of a new deal struck with his estate.
Nova Scotia issues permit for new tidal energy project in Bay of Fundy

Nova Scotia issues permit for new tidal energy project in Bay of Fundy

HALIFAX — The Nova Scotia government is moving ahead with a project that aims to harness the immense power of the Bay of Fundy's tides, despite the uncertain future of the Cape Sharp Tidal venture.
Average US mortgage rates rise; 30-year at 4.65 per cent

Average US mortgage rates rise; 30-year at 4.65 per cent

WASHINGTON — Long-term U.S. mortgage rates are up for the fourth consecutive week, with the key 30-year rate reaching its highest level since May. Costs for would-be homebuyers continue to climb.

Vancouver councillors move ahead with policy for duplexes on detached home lots

Vancouver councillors have ended two days of public hearings by voting to allow duplexes in most city neighbourhoods currently restricted to single-family homes.
Condo developers increasingly using art to stand out and land buyers

Condo developers increasingly using art to stand out and land buyers

TORONTO — It would be easy to mistake the lobby of the One o One condos in midtown Toronto for a nightclub or graffiti-splashed alley.
US home sales were flat in August

US home sales were flat in August

WASHINGTON — U.S. sales of existing homes were unchanged in August, as a shortage of houses priced at less than $250,000 — a level considered to be affordable for the middle class — has become a drag on the real estate market.
Canadians more willing to relocate but cost is a big consideration

Canadians more willing to relocate but cost is a big consideration

TORONTO — Amid the chaos and stress of moving from one province to another, the last thing on most people's minds is how their family's relocation will affect their tax return.
Magna selling fluid pressure and controls business to South Korean company

Magna selling fluid pressure and controls business to South Korean company

AURORA, Ont. — Auto parts company Magna International Inc. has signed a deal to sell its fluid pressure and controls business to Hanon Systems, a South Korea-based company, for roughly $1.23 billion.