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VANCOUVER — Lululemon Athletica Inc.'s chief executive says the company's year got off to "a slower start" as it navigated "ongoing choppiness" in the consumer environment, but the company still managed to boost its profit and revenues.

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.

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.