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S&P/TSX composite index rises after Bank of Canada rate cut, U.S. markets rally

S&P/TSX composite index rises after Bank of Canada rate cut, U.S. markets rally

TORONTO — Canada's main stock index moved higher Wednesday after the Bank of Canada announced a highly anticipated interest rate cut, while U.S. markets rallied, with the Nasdaq gaining almost two per cent.
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Ranchers turn to top Alberta court in hopes of blocking Rockies open-pit coal mine

Ranchers turn to top Alberta court in hopes of blocking Rockies open-pit coal mine

A group of southern Alberta ranchers are turning to the province's top court in a final bid to block applications for coal exploration in the Rocky Mountains.
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Canada aims to protect cattle industry as U.S. avian flu outbreak spreads

Canada aims to protect cattle industry as U.S. avian flu outbreak spreads

CALGARY — As an outbreak of avian influenza in dairy herds south of the border continues to spread, Canadian officials say they are doing everything they can to protect this country's livestock industry.
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What the Bank of Canada rate cut means for mortgages, consumer loans and investments

What the Bank of Canada rate cut means for mortgages, consumer loans and investments

The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more than four years. Here's what it could mean for your finances.
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Banks lower prime rates after Bank of Canada move

Banks lower prime rates after Bank of Canada move

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.
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Stock market today: Wall Street barrels to more records as Nvidia tops $3 trillion in total value

Stock market today: Wall Street barrels to more records as Nvidia tops $3 trillion in total value

NEW YORK (AP) — Wall Street barreled to all-time highs as its frenzy around artificial-intelligence technology keeps sending stocks higher. The S&P 500 jumped 1.2% Wednesday to beat its record set two weeks ago.
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New Pamela Anderson, Bryan Baeumler shows among Corus' fall/winter plans

New Pamela Anderson, Bryan Baeumler shows among Corus' fall/winter plans

TORONTO — A Pamela Anderson cooking show and a new docuseries from Bryan and Sarah Baeumler are among the homegrown highlights of Corus Entertainment’s TV plans, with the broadcaster’s content boss touting a focus on unscripted “Canadian content that
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Bank of Canada cuts key interest rate for first time in more than four years

Bank of Canada cuts key interest rate for first time in more than four years

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.
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Bank of Canada's rate cut could spur housing demand as Toronto home sales fall in May

Bank of Canada's rate cut could spur housing demand as Toronto home sales fall in May

TORONTO — Real estate market analysts say the Bank of Canada's much anticipated decision to lower its key interest rate could be the sign that many would-be homebuyers have been waiting for to make their move.
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NBA advocates for federal regulatory gambling framework in wake of Porter ban

NBA advocates for federal regulatory gambling framework in wake of Porter ban

The NBA's deputy commissioner and chief operating officer says the league wants a strong federal regulatory framework for legalized gambling in the United States.
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