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Home Capital says it cut ties with 45 mortgage brokers after discovering ...
Tyler Anderson/National PostHome Capital Group CEO Gerald Soloway. Home Capital has been the target of a number of U.S. short sellers recently as questions linger around a sharp drop in new mortgages and its split with a number of brokers.
Home Capital says it cut ties with 45 mortgage brokers after discovery of ...  Montreal Gazette
Home Capital cut ties with dozens of mortgage brokers over falsified documents  The Globe and Mail (subscription)
Reuters Canada  
Siemens, Bombardier Held Talks Over Train Merger
German industrial conglomerate Siemens AG SIEGY 0.01 % has held talks to combine its rail unit with Canada-based Bombardier Inc. BDRBF 5.93 % 's train business, people familiar with the matter said.
Parent company of Derby's Bombardier dismisses Siemens merger claim  Derby Telegraph
Bombardier denies report of rail merger with Siemens  CBC.ca
TSX jumps as investors cheer oil data; Fed in spotlight
TORONTO (Reuters) - Canada's main stock index jumped on Wednesday, helped by gains in banks, railways and oil companies as crude prices bounced from near six-month lows and the Federal Reserve left the door open for a September interest rate hike.
CANADA STOCKS-TSX jumps as investors cheer oil data; Fed in spotlight  Reuters
TSX closes higher as oil price rise boosts energy sector  Financial Post
Mount Polley tailings pond cleanup completes first phase
The first phase of the cleanup operation triggered by the Mount Polley tailings pond collapse has been completed. On Aug. 4, 2014, the massive dam storing tailings from the gold and copper mine gave way, spilling 24 million cubic metres of mine waste ...
First stage of massive recovery completed at Mount Polley mine site  The Province
Phase 1 cleanup done at site of BC's Mount Polley mine disaster  The Globe and Mail
Why chances of US Federal Reserve hiking rates in September have gone up
By Binyamin Appelbaum WASHINGTON: The Federal Reserve remains on track to raise interest rates later this year, and perhaps as soon as its next policy meeting in mid-September, as economic growth continues to meet its expectations.
Europe Equity Futures Follow Asian Stocks Higher; Dollar Gains  Bloomberg
Asian shares, dollar up on Fed's optimism; earnings in focus  Reuters
Conference Board of Canada issues worst economic outlook since 2009
The Conference Board of Canada issued its most dismal forecast for the Canadian economy since 2009, projecting just 1.6 percent growth this year as lower oil prices, a near-record trade deficit, and waning business investment continue to take their toll.
Conference Board of Canada sees more disappointment ahead for economy  Financial Post
Think-tank sees disappointment ahead  Saskatoon StarPhoenix
TransUnion expects spike in debt delinquencies in Alberta, Saskatchewan
Alberta and Saskatchewan will soon see a 'sharp' increase in the number of people falling behind on their debts for the rest of this year, credit agency TransUnion says.
Alberta, Saskatchewan about to see 'sharp' increase in credit ...  Financial Post
Personal bankruptcies rise as oil prices drop: report  News Talk 650 CKOM
Transport Canada announces new safety rules in wake of Lac-M�gantic
Two years after a runaway freight train exploded in Lac-M�gantic, killing 47 people, Transport Canada and the U.S. Federal Railroad Administration unveiled new rules Wednesday aimed at preventing a repeat of the tragedy.
New rail safety rules for Canada, US reveal disparity in oversight  The Globe and Mail (subscription)
Transport Canada approves rules to secure trains in response to Lac-M�gantic  CBC.ca
Torstar looks beyond mainstream media with 56 per cent stake in VerticalScope
TORONTO - Torstar Corp. is tapping into the world of niche online forums by picking up a stake in VerticalScope Holdings Inc., a Canadian company that serves the appetites of car fanatics and offers tips to pet lovers.
Torstar places big bet on digital media company  Toronto Star
Struggling Torstar wagers $200-million on a niche digital company  The Globe and Mail (subscription)
Calgary home prices expected to fall slightly this year
Housing prices in Calgary won't be dropping dramatically despite fewer sales and uneasiness about the slumping economy, says the local real estate board.
Calgary home prices expected to slip in second half of 2015  Calgary Herald
CREB releases mid-year forecast  News Talk 770 Calgary