Germany\u0027s L\u002DBank sold $300 million of AAA\u002Drated bonds in its first widely marketed Canadian dollar deal. Read more.
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Ottawa Food Bank cancels sorting shifts because there wasn't enough food to sortThe Ottawa Food Bank has apologized to food sorting volunteers whose shifts were cancelled this week because there was not enough food to sort.
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Ottawa Food Bank says it’s short on food: ‘Never seen anything like this’The food bank tied the donation shortage to the high price of groceries that continues to outpace inflation, which has other food banks struggling to meet growing demand.
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Canadian banks' profits seen pressured by slower dealmaking, mortgage growthCanada's big bank results are expected to bring to light a number of challenges as lenders set aside more funds for bad loans in a tough economy that has also led to a slowdown in dealmaking and forced borrowers to rethink about new mortgages. 'We expect another challenging quarter for the group,' KBW analyst Mike Rizvanovic said, adding that he expects slowing loan growth, higher expenses and higher provisions for credit losses. The shares of the top five banks - Royal Bank of Canada, TD Bank, Bank of Montreal, Bank of Nova Scotia and CIBC - have lost between 2% and 8% so far this year.
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Ottawa hospital ER wait times exceed provincial averageThe average wait time to see a doctor in all Ottawa hospital emergency departments exceeded the provincial average in June, with the Ottawa Hospital General Campus having one of the longest wait times in Ontario.
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Police appeal for security video footage as investigation continues into fatal Ottawa shootingOttawa police are asking all residents and businesses in the rural southeast end of Ottawa to check their security cameras for any suspicious activity, as the investigation continues into a fatal shooting early Saturday morning.
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