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A gift can help reduce the size of a mortgage needed, saving interest costs. It may also reduce or even eliminate the mortgage loan insurance required, which could also save borrowers money.

Thinking about giving money to your child to help buy a home? Here are five things to consider.

TORONTO — Aimia Inc. has signed a deal to settle its dispute with Mithaq Capital SPC, its largest shareholder, that will see the appointment of two Mithaq nominees to its board of directors. The company has also agreed to pay Mithaq US$1.

TORONTO — Sarah McLachlan is postponing her Canadian tour as she recovers from acute laryngitis. The singer-songwriter wrote on social media that her voice is "not recovering" and she needs to take time to heal.

BRUSSELS (AP) — The European Commission said Thursday it has fined Israeli generic drugmaker Teva more than 460 million euros ($500 million) for improperly seeking to protect the patent for its multiple sclerosis drug and for disparaging a rival comp

NEW YORK (AP) — Country music has become a dominant force , bleeding into pop music's mainstream. And artists who might not have been previously associated with the genre — like Beyoncé and Post Malone — have recently released country albums.

WASHINGTON (AP) — As a presidential race profoundly shaped by Americans' frustration with high prices nears its end, the government said Thursday that an inflation gauge closely watched by the Federal Reserve has dropped to near pre-pandemic levels.

Diwali is the most important festival of the year in India — and for Hindus in particular. It is celebrated across faiths by more than a billion people in the world’s most populous nation and the diaspora.

WELLINGTON, New Zealand (AP) — Perched on two fingers on the roof of an art gallery in Wellington, New Zealand , the giant sculpture of a hand has loomed over the city for five years.

NEW DELHI (AP) — As India gears up for Diwali, the Hindu festival of lights, people are divided over whether they should celebrate by setting off firecrackers, which worsen the country’s chronic air pollution.