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S&P/TSX composite bounces back from morning low after supersized rate hike
TORONTO — North American stock markets partially bounced back from disappointing news Wednesday of a supersized interest rate by the Bank of Canada and hotter than expected U.S. inflation numbers.
Jul 13, 2022 2:43 PM
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How the Bank of Canada's rate hike will impact mortgages, loans and spending
TORONTO — The Bank of Canada increased its key interest rate by one percentage point Wednesday in the largest hike the country has seen in 24 years.
Jul 13, 2022 2:13 PM
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Sri Lanka in crisis: President flees and ire turns to PM
COLOMBO, Sri Lanka (AP) — Sri Lanka’s president fled the country Wednesday, plunging a nation already reeling from economic chaos into more political turmoil .
Jul 13, 2022 1:58 PM
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Canadian food suppliers signal more price hikes coming to grocery stores this fall
Canadian food suppliers are once again issuing notices to grocery retailers informing them of upcoming price hikes.
Jul 13, 2022 1:48 PM
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Bank of Canada targets inflation expectations with full percentage point rate hike
OTTAWA — The Bank of Canada signaled a more aggressive approach to bringing skyrocketing inflation back under control as it hiked its key interest rate by a full percentage point on Wednesday, marking the largest single rate increase since August 199
Jul 13, 2022 1:43 PM
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US inflation surges again in June, raising risks for economy
WASHINGTON (AP) — U.S.
Jul 13, 2022 1:30 PM
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Shell to install 79 EV charging points at Canadian retail stations by end of year
CALGARY — Shell Canada has announced plans to significantly expand its electric vehicle charging network across the country.
Jul 13, 2022 11:44 AM
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Household income declines in Alberta due to oil, but still among highest in Canada
REGINA — Anca Dan built a successful career working administrative jobs in the oil and gas industry for more than two decades, but in recent years she has shifted her focus toward her own startup company — a lifestyle app for single parents.
Jul 13, 2022 10:53 AM
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Real estate brokerage Royal LePage cuts home price forecast for 2022
TORONTO — Royal LePage is cutting its expectations for the growth in home prices this year after it says prices in the second quarter fell compared with the first three months of the year.
Jul 13, 2022 6:30 AM
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Pearson Airport creates new infographic to help travellers navigate system
Toronto's Pearson International Airport is launching a new digital tool aimed at helping passengers navigate through the current strained air transportation system.
Jul 13, 2022 6:30 AM
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