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Rate hold means status quo for Canada's struggling housing market: experts
TORONTO — Real estate watchers say the Bank of Canada's decision to hold its key policy rate steady at 2.75 per cent will likely keep a sluggish housing market at the status quo.
Apr 16, 2025 8:36 AM
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Retail sales rise 1.4% in March as shoppers stock up on big ticket items ahead of tariffs
NEW YORK (AP) — U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big ticket items, particularly cars, before President Donald Trump’s expansive new tariffs started kicking in.
Apr 16, 2025 8:12 AM
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Grocer Metro sees sales of Canadian products grow as Q2 profits rise
MONTREAL — Sales of Canadian products are outpacing the rest of Metro's wares, with the gap accelerating in recent weeks, said the chief executive of the grocery retailer.
Apr 16, 2025 7:23 AM
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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 7:09 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 4:10 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 2:42 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 1:36 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 5:00 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 4:03 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 2:37 PM
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