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CMHC reports annual pace of housing starts edged lower in August

Canada Mortgage and Housing Corp. reports the annual pace of housing starts for August edged lower compared with July. The national housing agency says the seasonally adjusted annual rate of housing starts came in at 229,046 units for August, down from 229,360 in July. The result came as actual monthly housing starts in centres with […]

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Canada Housing Starts Edge Down in August

Housing starts across Canada came in at a seasonally adjusted annualized rate in August of 229,046 units, a 0.1% dip from the month before, and under the 240,000 residential projects expected.

Finance Ministry rejects foreign influence claims over UPI MDR, says India's digital payments decisions are made independently

India's finance ministry rejected claims of foreign pressure influencing UPI transaction charges. A 0.4% Merchant Discount Rate will apply to UPI payments over Rs 2,000. This charge will not affect consumers and most small merchants remain exempt. The revenue will support payment ecosystem participants and infrastructure development.

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