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National Business
National Business
Federal Reserve signals end to inflation fight with a sizable half-point rate cut
WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for A
Sep 18, 2024 5:32 PM
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Alberta Premier Smith aims to help fund private school construction
EDMONTON — Alberta Premier Danielle Smith says her government’s $8.6-billion plan to fast-track building new schools will include a pilot project to incentivize private ones.
Sep 18, 2024 5:18 PM
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Construction wraps on indoor supervised site for people who inhale drugs in Vancouver
VANCOUVER — Supervised injection sites are saving the lives of drug users everyday, but the same support is not being offered to people who inhale illicit drugs, the head of the BC Centre for Excellence in HIV/AIDS says. Dr.
Sep 18, 2024 4:02 PM
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Tupperware lifts the lid on its financial problems with bankruptcy filing
NEW YORK (AP) — The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury Ame
Sep 18, 2024 3:29 PM
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Sleep Country shareholders approve sale to Fairfax Financial
TORONTO — Sleep Country Holdings Inc. shareholders have voted in favour of selling the business to Fairfax Financial Holdings Ltd. for $1.7 billion. The mattress retailer says 99.
Sep 18, 2024 3:24 PM
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Scotiabank names new president of Quebec business to support growth in province
MONTREAL — Scotiabank says it's appointed Jean-François Courville to a new role as president of the bank's Quebec operations. The bank says the new role is designed to support its strategy to grow in the province of Quebec.
Sep 18, 2024 3:22 PM
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New federal legislation aims to transfer development and planning authority to Jasper
Federal legislation introduced Wednesday aims to give the fire-ravaged Rocky Mountain town of Jasper, Alta., full authority over local land planning and development instead of Parks Canada.
Sep 18, 2024 2:58 PM
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Corus co-CEO says new lifestyle brands can rival Food Network, HGTV scooped by Rogers
Corus Entertainment's co-leader says the broadcaster is confident its two new lifestyle brands can "compete and win" against Food Network and HGTV after losing both networks' Canadian content rights to Rogers Communications Inc.
Sep 18, 2024 2:58 PM
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Rogers Communications to buy out Bell's share of MLSE for $4.7 billion
TORONTO — In buying out Bell's ownership share of Maple Leaf Sports & Entertainment, Rogers Communication is going all-in. Rogers announced Wednesday it is purchasing Bell's 37.5 per cent share of MLSE for C$4.
Sep 18, 2024 2:51 PM
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Lebanon is rocked again by exploding devices as Israel declares a 'new phase' of war
BEIRUT (AP) — Walkie-talkies and solar equipment exploded in Beirut and other parts of Lebanon on Wednesday in an apparent second wave of attacks targeting devices a day after pagers used by Hezbollah blew up , state media and officials for the milit
Sep 18, 2024 2:34 PM
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