Economy, Law & Politics

WASHINGTON (AP) — Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year.

Former Canadian environmental officer who feared for her life at work wins multi-year case. The labour board ruling raises concerns she was fired as an example to other government employees.

Shares of Canadian Western Bank surged Wednesday on the news National Bank was buying it at a $5-billion valuation, while shares of other mid-sized banks also saw some gains as the acquisition trend continued. CWB shares closed up 68.

MONTREAL — Public trust in the Bank of Canada has been dented by post-pandemic inflation and it needs to be rebuilt, governor Tiff Macklem said on Wednesday.

A new court order is requiring Amazon to hand internal records related to its review and ratings programs over to Canada's competition watchdog.

Millions lost, no help: Broadway businesses plead for compensation or tax breaks as subway delays drag on.

OTTAWA — Prime Minister Justin Trudeau is headed to Italy on Wednesday to attend the annual G7 leaders' summit, which is taking place as two major geopolitical conflicts weigh on the international community.

Five per cent more business licences were issued in 2023 than in 2022, and the tourism, marine and technology sectors are thriving, says the annual report on downtown