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National Business
National Business
BoC's Macklem says he wants growth to pick back up as bank cuts key rate again
OTTAWA — The Bank of Canada appeared to be increasingly concerned about the risk of high interest rates slowing the economy and inflation by more than necessary as it delivered a second consecutive rate cut Wednesday.
Jul 24, 2024 11:57 AM
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Competition Bureau investigating retail gasoline consultancy Kalibrate
GATINEAU, Que. — The federal Competition Bureau says it has launched an investigation into retail gasoline consultancy Kalibrate to see whether the services it offers are negatively affecting competition between gas stations in Canada.
Jul 24, 2024 11:19 AM
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Teck Resources achieves record copper output as QB mine project continues to ramp up
With the sale of its coal business now firmly in the rear-view mirror, Canadian miner Teck Resources Ltd. marked its transition to a pure-play metals company by achieving record copper production in its second quarter.
Jul 24, 2024 11:17 AM
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Here's what the Bank of Canada's rate drop means for the loonie
The Bank of Canada lowered its key interest rate for the second time this year to 4.5 per cent. Here's what the decision means for the Canadian dollar. How has the decision affected the Canada-U.S.
Jul 24, 2024 11:06 AM
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Plane crashes just after takeoff from Nepal's capital, killing 18 people. Pilot is lone survivor
KATHMANDU, Nepal (AP) — A plane crashed Wednesday just after taking off from Nepal’s capital, killing 18 people and injuring a pilot who was the lone survivor.
Jul 24, 2024 9:48 AM
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Rogers CEO predicts 'heightened' wireless churn across sector to persist
TORONTO — The chief executive of Rogers Communications Inc. says it will likely take the better part of a year before Canada's telecommunications sector sees a calming of the competitive intensity prompting many wireless customers to change carriers.
Jul 24, 2024 8:52 AM
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WestJet partners with Telus to give rewards members free satellite internet service
CALGARY — WestJet and Telus Corp. are partnering up to provide free internet service aboard flights for members of the airline's loyalty program starting this December.
Jul 24, 2024 8:28 AM
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Jasper evacuees forced into B.C. to flee fires told to make U-turn to Alberta for aid
EDMONTON — Thousands of wildfire evacuees forced from Jasper National Park into British Columbia along smoke-choked mountain roads Monday were directed Tuesday to make a wide U-turn and head home if they needed a place to stay.
Jul 23, 2024 7:42 PM
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Canadian Food Inspection Agency investigating after parasite found in P.E.I. oysters
SUMMERSIDE, P.E.I. — A "worrisome" parasite has been confirmed in at least one area on Prince Edward Island, and samples from several oyster farms have been sent for testing, says the Canadian Food Inspection Agency.
Jul 23, 2024 6:20 PM
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CN Rail lowers 2024 earnings forecast due to strike uncertainty
Canadian National Railway Co. lowered its forecast for earnings growth Tuesday as it faces the threat of a worker strike. The Montreal-based railway, which earned $1.
Jul 23, 2024 3:48 PM
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