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BoC expected to lower interest rates again, with odds leaning toward larger cut
OTTAWA — Financial markets and forecasters are betting on another jumbo interest rate cut from the Bank of Canada on Wednesday, which would bring its key rate down to 3.25 per cent.
Dec 9, 2024 12:01 PM
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Finance minister says government's fiscal update coming Dec. 16
OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.
Dec 9, 2024 10:04 AM
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Canadian Western Bank says legal claim is the reason it delayed earnings release
EDMONTON — CWB Financial Group says a legal claim against one of its subsidiaries is the reason behind the delay of the release of its fourth-quarter and full-year financial results.
Dec 9, 2024 8:31 AM
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Air Canada CEO Michael Rousseau elected chairperson of Star Alliance CEO board
MONTREAL — The chief executive of Air Canada has been elected as the new chairperson of the Star Alliance chief executive board. Michael Rousseau succeeds United Airlines chief executive Scott Kirby, who has held the title since December 2020.
Dec 9, 2024 5:44 AM
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Lundin selling pair of mines in Europe to Boliden AB in deal worth up to US$1.52B
VANCOUVER — Lundin Mining Corp. has signed a deal to sell a pair of mines in Europe to Boliden AB in an agreement valued at up to US$1.52 billion.
Dec 9, 2024 5:30 AM
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Omnicom to buy Interpublic, creating ad agency giant with nearly $26 billion in annual revenue
Omnicom is buying Interpublic Group in a stock-for-stock deal that will create an advertising powerhouse with combined annual revenue of almost $26 billion. Shareholders of The Interpublic Group of Companies Inc. will receive 0.
Dec 9, 2024 5:01 AM
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An explosion at a fuel depot in central Italy kills 2 and injures 9
MILAN (AP) — A fuel depot exploded in the central Italian region of Tuscan on Monday, killing at least two people and injuring nine, authorities said.
Dec 9, 2024 4:35 AM
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Fast food 'value war' to last into 2025 as consumer appetite for deals heats up
TORONTO — It's lunch time at the Eaton Centre mall in downtown Toronto and every corner of the food court is hungry for customers. Bourbon St.
Dec 9, 2024 1:00 AM
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Will he or won't he? Signs that Ford may call an early Ontario election stack up
TORONTO — Inside Ontario's legislature, the halls are decked, the sounds of children’s choirs singing Christmas carols waft down the corridors, and in the air there’s a feeling of an election.
Dec 9, 2024 1:00 AM
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‘Polarization’ is Merriam-Webster’s 2024 word of the year
Paradoxically, people tend to see eye to eye on the word itself.
Dec 8, 2024 9:10 PM
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