The latest business news for Dec 4, 2023 includes 600 job cuts at CBC, Vancouver home sales rise, and Canada Life signs mortgage partnership with Nesto. The TSX and U.S. markets were down, with the Canadian dollar at 73.85 cents U.S. CBC and Radio-Canada are cutting 600 jobs due to budget pressures. Vancouver home sales ticked up last month, with a composite benchmark home price of $1,185,100 in November. Canada Life signed a partnership deal with online mortgage company Nesto. Wall Street and the TSX were down, with technology companies and energy and base metals stocks leading the losses. November saw a 20.7% increase in new car sales, the largest gain so far this year.
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