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Text of the Bank of Canada's decision to cut its key interest rate target

Text of the Bank of Canada's decision to cut its key interest rate target

OTTAWA — The Bank of Canada cut its key interest rate target by 25 basis points to 4.25 per cent on Wednesday. Here is the text of the central bank's decision: The Bank of Canada today reduced its target for the overnight rate to 4.
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CPP Investments and Blackstone buying data centre company Air Trunk

CPP Investments and Blackstone buying data centre company Air Trunk

TORONTO — The Canada Pension Plan Investment Board has signed an agreement to acquire a stake in Asia Pacific data centre company AirTrunk.
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Statistics Canada says country posted $684M merchandise trade surplus in July

Statistics Canada says country posted $684M merchandise trade surplus in July

OTTAWA — Statistics Canada says the country posted a merchandise trade surplus of $684 million in July. The result compared with a revised deficit of $179 million in June. The initial reading for June had shown a surplus of $638 million.
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Kyle Schwarber hits 3 homers for 2nd time this season as Phillies rally past Blue Jays 10-9

TORONTO (AP) — Kyle Schwarber’s third homer of the game was a go-ahead, three-run drive in the ninth inning, and the Philadelphia Phillies rallied past the Toronto Blue Jays 10-9 on Tuesday night after allowing six runs in the first.
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Schwarber's three-homer, six-RBI performance carries Phillies past Blue Jays 10-9

Schwarber's three-homer, six-RBI performance carries Phillies past Blue Jays 10-9

TORONTO — Kyle Schwarber and the Blue Jays' bullpen combined to squander Toronto's early five-run lead.
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China retaliates over EV tariffs with anti-dumping probe into Canadian canola imports

China retaliates over EV tariffs with anti-dumping probe into Canadian canola imports

OTTAWA — China has announced an anti-dumping investigation into Canadian canola imports in response to Canada planning to impose tariffs on Chinese-made electric vehicles, steel and aluminum.
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Blue Jays all-star Bo Bichette's recovery from calf strain continues

Blue Jays all-star Bo Bichette's recovery from calf strain continues

TORONTO — All-star shortstop Bo Bichette is progressing in his recovery from a strained calf. Bichette took batting practice and fielded groundballs with his Toronto Blue Jays teammates on Tuesday, a day after running the basepaths at Rogers Centre.
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S&P/TSX composite closes down more than 300 points, U.S. stock markets also fall

S&P/TSX composite closes down more than 300 points, U.S. stock markets also fall

TORONTO — Canadian and U.S. markets started September under pressure as signs of weakening economic activity pushed commodities and stocks lower. A report on U.S.
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Resource crunch at federal emergency centre caused 'significant staff exhaustion'

Resource crunch at federal emergency centre caused 'significant staff exhaustion'

OTTAWA — Budget and staff challenges have left overworked employees exhausted and sapped morale at the federal nerve centre for managing forest fires and other national emergencies, an internal memo reveals.
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Toronto film festival touts new brand partnerships ahead of first fest without Bell

Toronto film festival touts new brand partnerships ahead of first fest without Bell

TORONTO — When the Toronto International Film Festival rolls out the red carpet to welcome Hollywood's top stars this week, it will do so with dozens of new brand supporters that organizers hope will put to rest any notions the event has lost some of
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