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The Mix

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

WASHINGTON (AP) — After several unexpectedly high inflation readings , Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their k
CAE's defence business takes $700M hit as fixed-price contracts drag down earnings

CAE's defence business takes $700M hit as fixed-price contracts drag down earnings

MONTREAL — CAE Inc. expects to report a half-billion-dollar loss for its fourth quarter after massive one-time charges linked to its beleaguered defence business.
Mortgage lending among top risks facing financial system: OSFI

Mortgage lending among top risks facing financial system: OSFI

OTTAWA — Canada's banking regulator says real estate secured lending and mortgages are among the top risks facing the country's financial system as higher interest rates put pressure on borrowers.
‘Geopolitical tensions’ mean more business for Héroux-Devtek, as defence needs rise

‘Geopolitical tensions’ mean more business for Héroux-Devtek, as defence needs rise

MONTREAL — Global strife has boosted demand for Héroux-Devtek Inc. wares, with the continued rebound in commercial travel adding to its record sales last quarter, said CEO Martin Brassard. "The aerospace industry outlook remains very strong.
Imperial starts production at new oilsands project using lower-emissions technology

Imperial starts production at new oilsands project using lower-emissions technology

CALGARY — Imperial Oil Ltd. says it has started production at its new Grand Rapids oilsands project located at its Cold Lake operating site. The Calgary-based company, which is majority owned by U.S.
Meredith Moon, the youngest of Gordon Lightfoot's children, on celebrating his legacy

Meredith Moon, the youngest of Gordon Lightfoot's children, on celebrating his legacy

TORONTO — Meredith Moon is helping fulfil one of her late father Gordon Lightfoot's wishes.
Judge in Tennessee blocks effort to put Elvis Presley's former home Graceland up for sale

Judge in Tennessee blocks effort to put Elvis Presley's former home Graceland up for sale

MEMPHIS, Tenn. (AP) — A Tennessee judge on Wednesday blocked the auction of Graceland, the former home of Elvis Presley, by a company that claimed his estate failed to repay a loan that used the property as collateral.
Sarah Pidgeon finds her voice, her inner rock god and a Tony nomination in Broadway's 'Stereophonic'

Sarah Pidgeon finds her voice, her inner rock god and a Tony nomination in Broadway's 'Stereophonic'

NEW YORK (AP) — Sarah Pidgeon is making her Broadway debut this season in a celebrated, thoughtful show about how art is created. And getting her first Tony Award nomination. And in a play that's transformed her into a member of a rock band.
Daily marijuana use outpaces daily drinking in the US, a new study says

Daily marijuana use outpaces daily drinking in the US, a new study says

Daily and near-daily marijuana use is now more common than similar levels of drinking in the U.S., according to an analysis of national survey data over four decades.
For some digital detox, look to the latest in craft kits

For some digital detox, look to the latest in craft kits

Digital diversions may have us tethered to tech, but screen fatigue is real. Even my digitally-native, young-millennial kids prefer printed books these days. And a recent weekend together at home had us busting out some craft kits.