National Business

TORONTO — Ontario proposed Wednesday to allow municipalities to enact "use it or lose it" policies on developers, speed up the creation of student housing, and streamline approvals for standardized housing designs as it seeks new paths to reach its g

TORONTO — Losses in financial and utilities stocks helped drag Canada's main stock index down more than 160 points, while U.S.

ST. JOHN'S, N.L.

OTTAWA — The Bank of Canada is keeping the door open to an interest rate cut in June even as it emphasized that it won't be rushed into it if inflation shoots back up.

NEW YORK (AP) — U.S. stocks fell on worries that what seemed like a blip in the battle to bring down inflation is turning into a trend. The S&P 500 lost 0.9% Wednesday. The Dow Jones Industrial Average gave back 1.

WASHINGTON (AP) — Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday in a report that will likely give pause to the Federal Reserve as it considers how often

Grocery inflation will fall below two per cent by the spring and stay roughly between one and two per cent for the rest of 2024, predicts a new report on the food and beverage industry.

VANCOUVER — The use of mass timber in British Columbia is moving up and expanding to schools, libraries and other construction.

WASHINGTON (AP) — Some Federal Reserve policymakers argued at their most recent meeting in March that inflation was likely worsening, even before the government reported Wednesday that price increases re-accelerated last month.

Delta Air Lines eked out a narrow first-quarter profit and said Wednesday that demand for travel is strong heading into the summer-vacation season, with travelers seemingly unfazed by recent incidents in the industry that ranged from a panel blowing