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National Business
National Business
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this wee
Nov 7, 2024 2:43 PM
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Former TD employee indicted for distributing customer data on Telegram
TORONTO — The Manhattan District Attorney has indicted a former TD Bank Group employee for allegedly distributing customer data on the Telegram messaging app while working in the bank's anti-money laundering department.
Nov 7, 2024 2:40 PM
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Africa strategy back on the table as Ottawa heralds new embassies, security projects
OTTAWA — The federal Liberals are once again promising to launch an Africa strategy — something the government appeared to back away from last year — while announcing new embassies and security projects on the continent.
Nov 7, 2024 2:27 PM
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Study: killer whales at elevated risk for serious immune-system, reproductive issues
HALIFAX — A new study says persistent organic pollutants in waters off Canada’s East Coast are “dangerously high” for killer whales and put them at an elevated risk for serious immune-system and reproductive problems.
Nov 7, 2024 1:58 PM
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S&P/TSX composite index up more than 200 points, U.S. stock markets mixed
TORONTO — Canada's main stock index gained more than 200 points Thursday, led higher by technology and base metals, while U.S. stock markets were mixed.
Nov 7, 2024 1:39 PM
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BCE denied regulatory relief, reports Q3 loss on asset impairment charge
Bell Canada-owner BCE Inc. was dealt another regulatory blow this week as it reported a loss in its latest quarter and recorded $2.11 billion in asset impairment charges, mainly related to Bell Media's TV and radio properties.
Nov 7, 2024 1:29 PM
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Senate committee makes major changes to Bloc Québécois supply management bill
OTTAWA — Bloc Québécois Leader Yves-François Blanchet accused senators of betraying their fellow Canadians to benefit Americans and other trade partners, after a Senate committee voted to add a major caveat to a Bloc supply management bill.
Nov 7, 2024 1:27 PM
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Stock market today: Most of Wall Street rises after the Fed cuts interest rates
NEW YORK (AP) — Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% Thursday.
Nov 7, 2024 1:08 PM
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Housing minister announces applications open for $1B critical infrastructure program
OTTAWA — Applications opened Thursday for a $1-billion federal program to help municipalities and Indigenous communities build critical infrastructure.
Nov 7, 2024 1:08 PM
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Ericsson announces funding boost for R&D centres through partnership with Ottawa
Wireless networking technology company Ericsson Canada says it is expanding a previously announced partnership with the federal government through a combined investment of more than $630 million in research and development centres.
Nov 7, 2024 1:00 PM
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