A late slide erases gains for US indexes, leaving them mixed


The S&P 500 was up 0.5%, clawing back all its losses from a day earlier. If the gains hold, the benchmark index would mark its third straight weekly gain.
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Montreal police investigate after young woman dies in Rosemont fire
The building was evacuated and four people were treated for smoke inhalation.
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Health and safety concerns shut down care facility in central Hamilton: city
Hamilton's emergency operations centre director said a 'combination of factors' led to the evacuation of Emerald Lodge on Friday.
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Ottawa won’t say whether diplomats in Cuba still being briefed on ‘Havana syndrome’ risks
The cause of what's become known as 'Havana syndrome' remains a mystery years later.
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Four great white sharks tracked to waters near Îles-de-la-Madeleine
They haven't formed a boy band yet, but their names are Breton, Mahone, Vimy and Jefferson.
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N.B. company says its rapid-test technology for sewage can help detect COVID-19 early
'It's all about giving us an earlier warning.'
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Hospital and health care staff in Alberta to return to work Tuesday
In a decision issued late Monday, the board ruled the workers' refusal to work amounted to an illegal strike under the province's Labour Relations Code, and they must return to work according to their scheduled shifts.
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Halifax police deploy emergency response team to weapons call in Dartmouth
Haligonians are asked to stay away from the area of Leaman Drive as police investigate.
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U.S. election: How does the Electoral College work?
Here's how the U.S. chooses a president — and why the system is controversial.
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High-profile Hells Angel arrested and charged with drug smuggling
Jason Cyrus Arkinstall, of the Mission chapter of the Hells Angels was arrested with another man near Creston Friday and charged with possession for the purpose of trafficking and drug smuggling.
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Don Martin: Quick recoveries in the provinces after election fever became a surprise symptom of COVID-19
Of all the COVID-19 symptoms, the most unexpected is election fever. A third clinical trial ended Monday night, an election suggesting the best treatment for party leaders in these uncertain times is a snap inoculation by their voters, Don Martin writes in his latest column for CTVNews.ca.
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Canada's Most Valuable Brands Ranking Dominated By Banks, Big Telecom
If consumer brands are anything to go by, Canada is a nation of banks and phone companies.Financial institutions, both large and small, dominate the latest Brandz ranking of Canada’s most valuable brands from advertising and PR firm WPP and consulting and research firm Kantar.Royal Bank of Canada and TD Canada Trust retained their top positions in this year’s ranking, with Scotiabank, BMO and CIBC also making the top 10. Canada’s Big Three telecoms ― Bell, Rogers and Telus ― all made the top 10 as well.“Canadian banks tend to dominate any valuation study, due to their size,” Scott Megginson, President of Kantar Canada.  “In Canada’s highly regulated environment, there is a small group of banks with a strong national and expanding international presence. This is different from the U.S., for instance, where there are many smaller regional players.”Watch: Clorox, Amazon among top brands on people’s minds; Facebook falls to the bottom. Story continues below. But it’s what’s missing that might be most notable: Unlike most other developed economies, many of Canada’s largest brands are relatively unknown in the rest of the world. Compare Canada’s brand ranking to those of the U.K. and Germany, whose top brands are virtually all globally recognizable.Canada’s 40 most valuable brands derive 28 per cent of their value from international markets, compared to 62 per cent for U.K. companies, Kantar said.“That’s a big challenge for Canadian brands,” Megginson wrote in an email to HuffPost Canada.“We haven’t seen a significant (consumer) tech brand presence since Blackberry, and our national Consumer Packaged Goods brands don’t have a large footprint outside of Canada. We also don’t have an automotive brand ― VW, Toyota, Hyundai, or Tesla.”But there is some hope, Megginson noted ― yogawear retailer Lululemon was one of the fastest risers globally this year, while Tim Hortons is a top 10 global fast food brand while RBC and TD are expanding rapidly outside Canada.“There is hope; we just need more brand leaders like these to take their brands to the world market,” Megginson wrote.ALSO ON HUFFPOST Tim Hortons Is Trying Out Returnable Coffee Cups And Packaging 'Secret Shoppers' Find Problems With 20% Of Wireless Seller Interactions ‘We Work Until We Are Dying’: Palm Oil Labour Abuses Linked To Top Brands
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Liberals Win 2 Toronto Byelections In Tight Races Against Greens, Tories
OTTAWA — The federal Liberals saw their share of the vote drop in two Toronto byelections Monday, a humbling result for Prime Minister Justin Trudeau in the first electoral test of his government’s handling of the COVID-19 pandemic.The Liberals ultimately hung on to Toronto Centre, where broadcaster Marci Ien fended off a strong showing by newly minted Green Party Leader Annamie Paul.They also hung on to York Centre, after a nerve-racking few hours in which the lead alternated repeatedly between the Liberals and the Conservatives before Ya’ara Saks finally pulled ahead by just over 700 votes.The results were surprisingly close for two ridings that had been considered longtime Liberal strongholds.“These results in two of the safest Liberal seats in the country show Canadians are losing faith in Justin Trudeau,” Conservative Leader Erin O’Toole tweeted.During last fall’s general election, the Liberals took Toronto Centre with just over 57 per cent of the vote, and York Centre with just over 50 per cent.READ MORE Tories Move To Tweak Liberal Conversion Therapy Bill Amid Caucus Divisions Liberals Lose House Vote, Will Face Committee Probe Into Pandemic Response Federal Election Averted As Liberals, NDP Defeat Contentious Tory Motion Even Without An Election, Trudeau Hits The Campaign Trail (Analysis) On Monday, Ien took 42 per cent of the Toronto Centre vote  — a precipitous 15-point drop from the result garnered last fall by former finance minister Bill Morneau, who resigned abruptly in August amid reports of tensions with Trudeau over massive spending on pandemic relief measures and the fallout from the WE Charity affair.Paul, meanwhile, soared to a close second with almost 33 per cent of the vote — more than quadrupling the meagre seven per cent she won in Toronto Centre during the general election. The NDP share of the vote dropped five points to 17 per cent and the Conservative vote share was cut in half to less than six per cent.Paul had urged Trudeau to postpone the byelections, arguing that it was unsafe to send voters to the polls in the midst of the second wave of the deadly coronavirus.York Centre was left vacant last month by Liberal MP Michael Levitt’s resignation to become CEO of the Friends of Simon Wiesenthal Center for Holocaust Studies. Although long considered one of the safest Liberal seats in the country, York Centre fell to the Conservatives in 2011 before Levitt wrested it back in 2015.It turned into a cage match between the Liberals and Conservatives again Monday.Watch: It’s been a tough year for the Liberals. Story continues below.  In the end, Saks, a Jewish activist and businesswoman, took almost 46 per cent of the vote for the Liberals, a drop of about four points from Levitt’s share. Under Julius Tiangson, a businessman and activist in the riding’s sizeable Filipino community, the Conservative share of the vote rose five points to almost 42 per cent.The York Centre race would likely have been even more of a squeaker had it not been for the presence of one-time Conservative leadership runner-up Maxime Bernier, who ran in the riding for his breakaway Peoples Party of Canada. He captured a little more than 600 votes, less than four per cent, most of it likely drawn away from his former party.The NDP dropped four points in York Centre to less than six per cent of the vote, while the Greens dropped almost one point to 2.6 per cent.Voter turnout was higher than average for byelections: 25.6 per cent in York Centre and 30.9 per cent in Toronto Centre.This report by The Canadian Press was first published Oct. 26, 2020.
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Personal Finance Survey Finds Nearly 1 In 3 Canadians Fear They'll Never Recover From Pandemic
We’ve been told to prepare for a long recovery from the global COVID-19 pandemic, but a new survey suggests many Canadians fear that, for them, a full recovery will never materialize.That’s what 30 per cent of respondents said in a new survey from FP Canada, the industry licencing group for financial planners. It’s a clear sign of just how poorly Canada’s heavily indebted consumers were prepared for an economic shock of the sort we have seen this year.The “Coping with Covid’s Financial Impact” survey found 42 per cent of Canadians are “not in a strong enough financial position to handle the challenges of the second wave of COVID-19.” Virtually the same percentage ― 41 per cent ― say they are already in worse financial shape than they were before the pandemic.Watch: Need to create a budget? Here are the steps. Story continues below. Youth and the “sandwich generation” ― those caring for both children and aging parents ― are feeling particular pressure, said Tina Tehranchian, a Toronto-based certified financial planner.The “sandwich generation” are “usually baby boomers close to their own retirement years who have to (plan for) a longer lifespan than their parents, which means they need more savings to live on,” Tehranchian told HuffPost Canada.“But some of them still have kids in university or even high school, and they have aging parents. That doubles the pressure on anyone in that situation.”Half of young adults sought government helpYouth are another group who have been particularly affected by the economic shock. The FP Canada survey found that slightly more than half of the adults under 35 had borrowed money in some way to make ends meet. Half had also taken advantage of some kind of government subsidy or payment deferral program during the pandemic, and 29 per cent relied on the Canada Emergency Response Benefit (CERB).“If the government benefits were not there, the situation would have been much more dire,” Tehranchian said. “It’s… great that the government stepped in and provided the temporary help, but at the same time, people feel more financially insecure than before the pandemic, and it was alarming (to see) how many people are pessimistic about their future.”ALSO ON HUFFPOST EI Barely Covers Rent? Here’s How To Budget For Food 2/3 Of Young Canadians On Brink Of Insolvency But Homeowners See Wealth Soar Live Arts Are Being Devastated. How Do We Keep Stages From Going Dark? Though CERB has been wound down, the federal government replaced it with a Canada Recovery Benefit (CRB) that pays out $500 per week as CERB did, though qualification criteria are more stringent. Many CERB recipients have been shifted onto a reformed and more generous Employment Insurance system.The federal Liberals have also extended the Canada Emergency Wage Subsidy, which helped businesses keep people on the payroll by subsidizing wages up to 75 per cent. The program has been extended to the summer of 2021, and the government will keep the subsidy rate at 75 per until at least December.Many opportunities to save moneyFor those facing a financial crunch, Tehranchian suggests taking advantage of the many opportunities to save money that have become available in the pandemic.“To improve your financial position you have to either increase earnings or decrease spending. It may be difficult to increase earnings, but you might be able to tackle your expenses,” she told HuffPost Canada.Look at subscriptions you may not need, she suggested, and check your phone bill ― there may be less expensive plans out there, though you may have to call your provider and ask directly.Day-to-day expenses can be slashed too. Amid the COVID-19 lockdowns, people have seen some expenses plummet, for instance on eating in restaurants, travel and new clothes ― so much so that Canadians’ savings rate skyrocketed this spring amid the lockdowns, to a 20-year high of 6.1 per cent of disposable income.Tehranchian also suggests taking advantage of historically low interest rates, by consolidating your credit card debt or refinancing your mortgage.Find a way of keeping track of your daily expenses, she suggested.“It’s a very enlightening exercise, because we all have assumptions about how we’re spending our money, but the reality may be totally different. You can plug holes that are preventing you from reaching your important goals.”
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Toronto Council debates provincial meddling, empty Ward 22 seat
The city is contending with a massive financial hole, an empty ward seat and ongoing meddling by the province in elections and development. Follow live here on Tuesday.
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thestar.com | Toronto Star | Canada's...
Baie-D'Urfé's Tutino reflects on 20-year career in local politics
Baie-D’Urfé residents will not be going to the polls anytime soon to replace outgoing mayor Maria Tutino, who steps down Nov. 9, 2020.
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Tech leaders warn Trudeau industry in trouble if ‘prosperity plan’ not created amid COVID-19
More than 130 Canadian tech leaders are calling on the prime minister to create a prosperity plan.
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5 things to know for Tuesday, October 27, 2020
Canada has had more than 220,000 total cases of COVID-19, with nearly 26,000 cases still active.
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47% of Canadians don’t want federal election during 2nd coronavirus wave: poll
A new poll suggests most Canadians don't want a federal election during the second wave of the COVID-19 pandemic -- or even next year.
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Here is where Trump, Biden stand in the polls 1 week from U.S. election
Since the beginning of October, Biden's lead over Trump has also slightly increased.
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Four Moe Years: Scott Moe and Saskatchewan Party defeat NDP for 4th straight majority
Scott Moe led his Saskatchewan Party into rare territory Monday winning a fourth straight majority for the longest-serving government in the country.
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Strippers’ advocacy group seeks judicial review of Ontario strip club shutdown
In an application for judicial review filed in court Monday, the group Work Safe Twerk Safe claims the government's move in late September unfairly targets strippers.
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‘We need a champion in government:’ Tech CEOs want prosperity strategy from Trudeau
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Winnipeg woman’s dad tests positive for coronavirus at care home dealing with outbreak
"It's past concern and it's honestly terrifying."
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Montreal poet quoted — twice — in the Oxford English Dictionary
Carmine Starnino's quotation for the word "leaf-light" comes after quotes by the poet Gerard Manley Hopkins and author Virginia Woolf.
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Montreal forecast: No umbrellas required
A quick look at the day's forecast along with a #ThsMtl picture and a daily quote.
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Montreal Latest News, Breaking Headlines...
How can I get him to fix his premature ejaculation? Ask Ellie
Ellie Tesher says help is available for a guy who’s otherwise the perfect mate. Also, a reader weighs in on a woman’s embarrassment about a past sexual encounter.
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thestar.com | Toronto Star | Canada's...
The economic damage of the second wave won’t be nearly as devastating as the first — here’s why
We’ve had the deepest recession in modern history, but the economy will stay well on the road to recovery, David Aston writes.
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Today’s coronavirus news: New poll suggests most Canadians want federal election to wait until 2023; Saskatchewan, British Columbia and New Brunswick elections get defined by COVID-19
There are 220,212 confirmed cases in Canada.
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Bomb at seminary in Pakistan kills 8 students, wounds 136
A powerful bomb blast ripped through an Islamic seminary on the outskirts of the northwest Pakistani city of Peshawar on Tuesday morning, killing at least eight students and wounding 136 others, police and a hospital spokesman said.
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