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Federal Reserve minutes: Policymakers saw a longer path to rate cuts

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

WASHINGTON (AP) — After several unexpectedly high inflation readings , Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their k
Federal Reserve minutes: Policymakers saw a longer path to rate cuts

Federal Reserve minutes: Policymakers saw a longer path to rate cuts

WASHINGTON (AP) — After several unexpectedly high inflation readings , Federal Reserve officials concluded at a meeting earlier this month that it would take longer than they previously thought for inflation to cool enough to justify reducing their k
WestJet calls for full federal review of aviation funding model

WestJet calls for full federal review of aviation funding model

CALGARY — The CEO of WestJet Airlines says he is calling for a full federal government review of the way airports and aviation infrastructure in Canada are funded.
CAE's defence business takes $700M hit as fixed-price contracts drag down earnings

CAE's defence business takes $700M hit as fixed-price contracts drag down earnings

MONTREAL — CAE Inc. expects to report a half-billion-dollar loss for its fourth quarter after massive one-time charges linked to its beleaguered defence business.
Mortgage lending among top risks facing financial system: OSFI

Mortgage lending among top risks facing financial system: OSFI

OTTAWA — Canada's banking regulator says real estate secured lending and mortgages are among the top risks facing the country's financial system as higher interest rates put pressure on borrowers.
‘Geopolitical tensions’ mean more business for Héroux-Devtek, as defence needs rise

‘Geopolitical tensions’ mean more business for Héroux-Devtek, as defence needs rise

MONTREAL — Global strife has boosted demand for Héroux-Devtek Inc. wares, with the continued rebound in commercial travel adding to its record sales last quarter, said CEO Martin Brassard. "The aerospace industry outlook remains very strong.
Imperial starts production at new oilsands project using lower-emissions technology

Imperial starts production at new oilsands project using lower-emissions technology

CALGARY — Imperial Oil Ltd. says it has started production at its new Grand Rapids oilsands project located at its Cold Lake operating site. The Calgary-based company, which is majority owned by U.S.
Barbie will make dolls to honor Venus Williams and other star athletes

Barbie will make dolls to honor Venus Williams and other star athletes

EL SEGUNDO, Calif. (AP) — Barbie dolls will honor tennis champion Venus Williams and eight other athletes as part of a project announced by Mattel on Wednesday.
Technology and business consulting company CGI names François Boulanger as next CEO

Technology and business consulting company CGI names François Boulanger as next CEO

MONTREAL — CGI Inc. says François Boulanger will be promoted to the role of president and chief executive, effective Oct. 1.
Canadians feel grocery inflation getting worse, 18% are boycotting Loblaw: poll

Canadians feel grocery inflation getting worse, 18% are boycotting Loblaw: poll

Almost two-thirds of Canadians feel that inflation at the grocery store is getting worse, a new poll suggests, even as food inflation has been steadily cooling.
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