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Lull in Toronto’s housing gives buyers the upper hand

The dip in Toronto’s housing market means there’s a different dynamic at play between sellers and buyers this year. An analysis by Zoocasa shows more neighbourhoods have become buyer’s markets — areas where there is enough competition among sellers that buyers have more choice and more room for negotiation — conditions that simply weren’t on the table in heated January …

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Canada suffers biggest job loss in nine years

Dismal Canadian job numbers Friday capped off a week of rough financial news, including jaw-dropping volatility on stock markets in Canada and around the globe. Statistics Canada reported record part-time job losses in January that gave Canada’s labour market its biggest one-month drop since the last recession in 2009 — after which stock markets began their bull run. The loss …

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Drought in India curtails chickpea crop, leads to spike in hummus prices

LONDON—British shoppers began noticing in recent weeks that hummus prices were up significantly. The cause: a drought thousands of miles away. Insufficient rains in India have resulted in several years of poor harvests of chickpeas, the main ingredient in hummus. The country, by far the world’s largest producer of chickpeas, grows the legume mostly for domestic consumption. But worse-than-expected harvests …

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