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Rail crunch leaves oil, wheat stranded on Prairies

WINNIPEG—A shortage of rail cars in Canada is leaving grain and oil shipments stranded on the Prairies, sending crude prices plummeting and leaving farmers in a cash crunch. The nation’s biggest railways haven’t been able to deliver enough cars after harsh winter conditions and as a sudden boom in energy production sparked a swell of demand. Some farmers have been …

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Home Capital says mortgage business may be shifting to alternative lender

Home Capital Group Inc. believes early results from this year suggest that mortgage business may be migrating to the alternative lender after the federal banking regulator introduced tougher rules for uninsured mortgages at the beginning of the year — even though it too is required to abide by the requirements. Preliminary indicators also suggest the credit quality of Home Capital …

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