Canada new home prices inch up 0.1 percent in November

OTTAWA (Reuters) - Prices of new homes in Canada rose 0.1 percent in November from October on strength in Toronto, the country's biggest city, continuing an advance in prices that began in mid-2009, Statistics Canada said on Thursday.Analysts had expected a 0.2 percent gain in the new housing price index following a 0.2 percent increase in October.New home prices in the combined Toronto-Oshawa region...

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Wind shift may have freed whales trapped off Quebec

(Reuters) - A group of killer whales trapped under the ice of Hudson Bay and taking turns breathing from a small hole may have been freed by a shift in the winds, Canadian media reported on Thursday.The 11 whales, who sometimes appeared to be panicking as they fought for air, created a worldwide sensation as news and a video about their plight spread.The mammals, which likely included two adults...

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Macklem would be quieter Bank of Canada chief, no pushover

OTTAWA (Reuters) - The man tipped to be the next governor of Canada's central bank has the reputation of being a mild-mannered sideman to charismatic bank chief Mark Carney, but former colleagues say Tiff Macklem is a mover and shaker in his own quiet way.As Carney prepares to leave the Bank of Canada to start his new job as head of the Bank of England on July 1, Macklem, his No. 2, has emerged as...

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