Ontario News

TORONTO — Canada's main stock index gained more than 150 points Wednesday after the Bank of Canada cut interest rates, while U.S. stock markets were mixed, led by a 1.8 per cent gain on the Nasdaq after the latest inflation report.

PETERBOROUGH, Ont. — Peterborough police have identified human remains in a decades-old cold case as those of a man who they say was a victim of homicide.

A Toronto man who excelled to secure the title of a global spreadsheet champion last week calls his unusual achievement a "satisfying victory." Michael Jarman won the Microsoft Excel World Championships in a Las Vegas arena on Dec. 4.

OTTAWA — The Bank of Canada delivered another hefty interest rate cut as it acknowledged the economy has been weaker than it anticipated, but governor Tiff Macklem said Canadians should expect a slower pace of cuts moving forward.

OTTAWA — The Military Police Complaints Commission is investigating the military's handling of the case against a former general who was ousted from his high-ranking position after a sexual misconduct complaint against him. Lt.-Gen.

TORONTO — The U.S. Department of Justice says a former TD Bank Group employee has been arrested and charged for allegedly facilitating money laundering at the bank.

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OTTAWA — The Bank of Canada cut its key policy rate by 50 basis points on Wednesday to take it to 3.25 per cent. Here is the text of the central bank's decision: The Bank of Canada today reduced its target for the overnight rate to 3.

TORONTO — Roots Corp.'s chief financial officer says holiday shopping is in full swing but it's too early to tell whether the company's busiest sales period will be impacted by the shorter span between Black Friday and Christmas Eve.

TORONTO — Ontario long-term care homes could soon have nurse practitioners overseeing residents' medical care instead of physicians, a move applauded by nurses and the homes but not supported by doctors.