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trudeau cubaTRUDEAU TO MEET WITH CUBAN ACTIVISTS

Prime Minister Justin Trudeau and his wife Sophie Gregoire Trudeau will meet with activists and university students as they continue their visit to Cuba. Trudeau will speak with students at the University of Havana while his wife is to speak at a panel discussion about gender equity. The Trudeaus arrived in Havana Tuesday and met with Cuban President Raul Castro.

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royal bankRBC HIKING MORTGAGE RATES:

Royal Bank is raising its mortgage rates and making it more expensive for homebuyers who want to take more than 25 years to pay back their loan. The bank is raising its special offer for a five-year fixed rate mortgage to 2.94 per cent, an increase of 30 basis points. The hike comes amidst a selloff in the bond market and recent federal mortgage rule changes that have made it pricier for banks to get access to cash. The changes take effect Thursday.

trumpTRUMP HUDDLES WITH PENCE:

Hidden from the public in his Manhattan high-rise, Donald Trump huddled Tuesday with Vice-President-elect Mike Pence as he tried to fill out key posts in his cabinet. But the transition team appeared to be straining under the challenge of setting up a new administration. Former Rep. Mike Rogers, a respected Republican voice on national security issues, announced he was quitting the transition effort. With Trump out of sight for several days, his allies engaged in an unusual round of public speculation about his potential appointments — including their own futures — as the president-elect and his aides weighed the nation’s top national security posts. Former New York Mayor Rudy Giuliani seemed to be angling for secretary of state.