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National Business
National Business
BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward
OTTAWA — The Bank of Canada delivered another hefty interest rate cut as it acknowledged the economy has been weaker than it anticipated, but governor Tiff Macklem said Canadians should expect a slower pace of cuts moving forward.
Dec 11, 2024 12:45 PM
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Quebec and Newfoundland and Labrador expected to sign Churchill Falls energy deal
ST. JOHN'S, N.L. — Quebec Premier François Legault and Newfoundland and Labrador Premier Andrew Furey are scheduled to announce an energy agreement Thursday that could end decades of friction between the two provinces.
Dec 11, 2024 12:00 PM
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Gun found on suspect in killing of UnitedHealthcare CEO matches shell casings at scene, police say
ALTOONA, Pa. (AP) — The gun found on the suspect in the killing of United Healthcare’s CEO matched shell casings found at the site of the shooting, New York City’s police commissioner said Wednesday.
Dec 11, 2024 11:16 AM
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MadeGood recalls certain granola bars over possible metal contamination
MadeGood is warning customers to check their cupboards for granola bars that may contain a piece of metal.
Dec 11, 2024 11:12 AM
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US inflation ticked up last month as some price pressures remain persistent
WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Consumer prices rose 2.
Dec 11, 2024 11:03 AM
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Three Montreal schools to face Education Department probe over toxic climate
MONTREAL — Three French-language Montreal schools are facing an Education Department investigation after audits found multiple issues relating to a toxic climate.
Dec 11, 2024 10:54 AM
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Former TD employee charged for alleged role in money laundering
TORONTO — The U.S. Department of Justice says a former TD Bank Group employee has been arrested and charged for allegedly facilitating money laundering at the bank.
Dec 11, 2024 10:53 AM
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Apple Intelligence suite of AI tools arrives in Canada
Apple has brought its suite of artificial intelligence-based tools to Canada. The offering called Apple Intelligence can help readers proofread emails, change their tone and compile lists of key points to summarize the missive.
Dec 11, 2024 9:02 AM
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Exchange Bank of Canada fined $2.46M by Fintrac for anti-money laundering failures
TORONTO — Canada's financial intelligence agency says it has imposed an administrative penalty of $2.46 million against Exchange Bank of Canada for non-compliance with money-laundering rules.
Dec 11, 2024 8:19 AM
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Text of the Bank of Canada's latest interest rate decision
OTTAWA — The Bank of Canada cut its key policy rate by 50 basis points on Wednesday to take it to 3.25 per cent. Here is the text of the central bank's decision: The Bank of Canada today reduced its target for the overnight rate to 3.
Dec 11, 2024 6:57 AM
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