May 7 roundup

On Ottawa’s secret plan to curb the housing market, market reaction to elections in Europe and how much Canadians plan to spend this Mother’s Day.

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•Read how Ottawa plans to make mortgages more expensive and drive down housing prices—without hiking interest rates.

Markets react to elections in Greece and France as renewed uncertainty over Europe’s sprawling debt crisis takes hold.

•Sons tend to outspend daughters on Mother’s Day, according to studies. A BMO survey found Canadian men expect to spend an average $105.02 compared to women’s $61.99.

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