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One Degree Friday November 4 2022

Elon Musk has positioned himself as an unconventional businessman. When he agreed to buy Twitter this year, he declared he would make the social media service a place for unfettered free speech, reversing many of its rules and allowing banned users like former President Donald J. Trump to return.

NYT

Housing supply concern as feds boost immigration target to 500,000

Canada is once again expanding its targets for immigration but already there are concerns about where the newcomers will find housing.

CITY

Bank of Canada sets out path for regulating digital payment providers

The Bank of Canada on Wednesday said it would take a flexible, risk-based approach in its nascent role as a digital payment regulator, aiming to ensure confidence in the safety and reliability of the fast-growing electronic payment segment.

NASDAQ

One of Canada’s biggest climate tech backers pulls back

A prolific investor in climate tech companies in Canada is back with a second fund for “low-carbon technologies” — only this time the firm plans to pump less money into the scene, over a longer period of time.

YAHOO

Competition watchdog doubles down on blocking Rogers-Shaw deal ahead of hearings

The regulatory fight over the $26-billion proposed merger between Rogers Communications Inc. and Shaw Communications Inc. is headed to public hearings after the Competition Bureau doubled down on its intention to block the deal during a case management conference today.

CITY

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