National Business

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.