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TORONTO — Canadian banks are lowering their prime rates after the Bank of Canada cut its benchmark rate for the first time in four years. Banks including RBC, TD, BMO, CIBC and Scotiabank have lowered their rates to 6.95 per cent from 7.

OTTAWA — The Bank of Canada marked a major turning point in its fight against inflation on Wednesday as it lowered its key interest rate for the first time in more than four years, making it the first central bank in the G7 to cut rates.

UVic’s Arbutus computer network has about three million users.

OTTAWA — The privacy commissioners of Canada and British Columbia have launched an investigation into a Victoria-based company that performs background checks on tenants and others.

OTTAWA — The union representing thousands of Canadian border workers says they will begin job action Friday afternoon if no deal is reached by then.

OTTAWA — The federal New Democrats want a price cap on grocery store staples if the Liberal government can't convince grocers to bring down the prices themselves.

TORONTO — DesRosiers Automotive Consultants says light vehicle sales rose 5.7 per cent in May from last year as the market continues to recover from pandemic lows.

VANCOUVER — Greater Vancouver's real estate board says the number of homes that changed hands in May fell 19.9 per cent from the previous year as more new properties continued to hit the market.

The excitement of starting a new job can quickly subside once signs emerge that the workplace culture is toxic. Sara McCullough recalls the excitement and anticipation she felt about a job she was looking forward to starting.

TORONTO — A new report by KPMG in Canada says most Canadians rarely head to a bank or credit union branch to do their daily banking, but they like the idea of keeping the option available.