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Bank of Canada holds key interest rate at 4.5%, says no plans to cut soon
"This is good news, but it is not job done," Macklem said at a news conference in Ottawa.
Apr 12, 2023 11:51 AM
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Interest rate hold could add heat to real estate markets: mortgage experts
TORONTO — Mortgage experts expect the Bank of Canada's decision to hold its key interest rate to add heat to the country's real estate markets.
Apr 12, 2023 10:59 AM
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Cheaper gas and food provide some relief from US inflation
WASHINGTON (AP) — U.S. consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging prices.
Apr 12, 2023 9:21 AM
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MTY Food Group reports Q1 profit up, acquisitions help revenue more than double
MONTREAL — MTY Food Group Inc. reported a first-quarter profit of $18.4 million, up from $16.6 million a year earlier, as acquisitions helped its revenue more than double.
Apr 12, 2023 8:05 AM
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Text of Bank of Canada's rate announcement statement
OTTAWA — The Bank of Canada kept its key interest rate target on hold at 4.5 per cent on Wednesday. Here is the text of the central bank's rate announcement: The Bank of Canada today held its target for the overnight rate at 4.
Apr 12, 2023 7:27 AM
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RoboCop? No, RoboDog: Robotic dog rejoins New York police
NEW YORK (AP) — New York City officials unveiled three new high-tech policing devices Tuesday, including a robotic dog that critics called creepy when it first joined the police pack 2 1/2 years ago.
Apr 12, 2023 7:24 AM
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Cineplex doesn't expect to recoup any material amount of the $1.24B owed by Cineworld
TORONTO — Cineplex Inc. says it does not expect to recover any material amount from U.K.-based Cineworld Group PLC, its once-suitor which owes the Toronto movie theatre chain $1.24 billion. U.K.
Apr 12, 2023 7:03 AM
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Brookfield Infrastructure to buy freight container company Triton International
TORONTO — Brookfield Infrastructure Partners LP and its institutional partners have signed a deal to acquire freight container leasing company Triton International Ltd. for about US$4.7 billion in cash and shares.
Apr 12, 2023 5:38 AM
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Grocery's power imbalance has politicians, shoppers questioning rising prices
Whether you're catching a flight, opening a new bank account or picking up groceries, a small group of big names takes up most of the market share. Competition Ltd.
Apr 12, 2023 1:00 AM
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Air Canada announces new CFO in John Di Bert, Amos Kazzaz to retire
MONTREAL — Air Canada says executive vice-president and chief financial officer Amos Kazzaz is retiring at the end of June.
Apr 11, 2023 2:39 PM
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