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Text of the Bank of Canada's latest interest rate decision
OTTAWA — The Bank of Canada held its key policy rate steady at 2.75 per cent on Wednesday. Here is the text of the central bank's decision: ——— The Bank of Canada today maintained its target for the overnight rate at 2.
Apr 16, 2025 8:09 AM
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Competition Bureau opens review of deal involving MEC and TGI Holding
OTTAWA — Canada's competition regulator has opened a review of a deal involving retailer Mountain Equipment Co. Ltd. and TGI Holding Inc. It was not immediately clear who owns TGI Holding or what a deal would mean for MEC.
Apr 16, 2025 5:10 AM
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China's economy grew 5.4% in the first quarter as exporters rushed to beat Trump's tariffs
BANGKOK (AP) — China's economy expanded at a 5.4% annual pace in January-March, the government said Wednesday, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese products.
Apr 16, 2025 3:42 AM
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China appoints a new trade negotiator during tariff fight with the US
TAIPEI, Taiwan (AP) — China appointed a new trade negotiator Wednesday in the midst of its tariff fight with the U.S.
Apr 16, 2025 2:36 AM
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Gas firm says a contractor is dead in a gas plant fire near Fort St. John, B.C.
FORT ST. JOHN — A contractor has been killed and another person hurt in a fire in a gas plant north of Fort St. John, B.C. Alberta-based Tourmaline Oil, which runs the Gundy oil and gas extraction facility in Wonowon, B.C.
Apr 15, 2025 6:00 PM
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AFC Toronto gets new majority owner just days ahead of debut in Northern Super League
TORONTO — Just days ahead of its debut in the Northern Super League, AFC Toronto has a new majority owner in Mark Mitchell.
Apr 15, 2025 5:03 PM
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First Nation launches challenge of B.C.'s approval to raise Mount Polley mine dam
VANCOUVER — A British Columbia First Nation has filed a legal challenge over the plan to allow the Mount Polley mine to raise its tailings dam a decade after a similar storage site at the mine gave way, creating one of the province's largest environm
Apr 15, 2025 3:37 PM
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California governor urges Canadians to ignore Trump, come back for sand, sun and wine
Canadians’ boycott of travel to the U.S. is hitting hard on California’s sandy shores, prompting the state’s governor to make a social media pitch-plea to come back. Gov.
Apr 15, 2025 3:25 PM
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Honda confirms no plans to reduce Canadian auto production amid trade war
TORONTO — Honda is not shifting any Canadian production to the United States, at least not for now, the company said Tuesday in response to a report that it was considering such a move.
Apr 15, 2025 2:50 PM
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S&P/TSX composite rises more than 200 points Tuesday, U.S. stock markets move lower
TORONTO — Canada's main stock index rose more than 200 points Tuesday, led by gains in technology and financial stocks, while U.S. stocks moved lower to erase gains from earlier in the day. The S&P/TSX composite index closed up 201.
Apr 15, 2025 2:48 PM
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