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Federal Reserve keeps interest rate unchanged, sees slower growth, slightly higher inflation ahead

Federal Reserve keeps interest rate unchanged, sees slower growth, slightly higher inflation ahead

WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though more policymakers forecast fewer cuts.
Alberta Premier Smith says plan for orphan well cleanup coming next month

Alberta Premier Smith says plan for orphan well cleanup coming next month

EDMONTON — Alberta Premier Danielle Smith says plans for cleaning up abandoned or inactive oil wells are to be made public in two weeks.
Ottawa caps non-sufficient funds fees at $10 starting March 2026

Ottawa caps non-sufficient funds fees at $10 starting March 2026

OTTAWA — Ottawa has put in place new rules limiting the fees banks can levy on customers who don't have enough in their accounts to cover a cheque or other pre-authorized charges.
Safety board to release preliminary report on Delta plane crash in Toronto

Safety board to release preliminary report on Delta plane crash in Toronto

The Transportation Safety Board of Canada says it will release a preliminary report Thursday on a crash landing at Toronto's Pearson airport that sent 21 people to hospital last month.
European Union lays out how Apple must open its tech up to competitors under bloc's digital rules

European Union lays out how Apple must open its tech up to competitors under bloc's digital rules

LONDON (AP) — The European Union on Wednesday outlined the steps that Apple must take to open up its iPhone and iPad operating systems to work better with competing technologies.
Statistics Canada says population rose to 41,528,680 at Jan. 1 as growth slowed

Statistics Canada says population rose to 41,528,680 at Jan. 1 as growth slowed

OTTAWA — Statistics Canada says the population grew to 41,528,680 people as of Jan. 1 as the pace of growth continued to slow after peaking in the third quarter of 2023. The total number of people was up 63,382 compared with Oct.
Federal government promises $2.55B in low-cost loans to build Toronto rental homes

Federal government promises $2.55B in low-cost loans to build Toronto rental homes

TORONTO — The federal government is promising billions in low-cost financing to help build thousands of rental homes in Toronto, including more than a thousand affordable units. Ottawa says it will provide $2.
Stock market today: Wall Street drifts higher ahead of Fed announcement

Stock market today: Wall Street drifts higher ahead of Fed announcement

NEW YORK (AP) — U.S. stocks are opening slightly higher as Wall Street waits to hear what the Federal Reserve will say about where interest rates may be heading. The S&P 500 was up 0.4% in early trading Wednesday.
Quebec MP, businesses join Vermont senator to denounce impacts of trade war

Quebec MP, businesses join Vermont senator to denounce impacts of trade war

NEWPORT, VT. — President Donald Trump's threats to make Canada a 51st state are "unacceptable," a U.S. Senator from Vermont said Tuesday as businesspeople on both sides of the border gathered to denounce threatened tariffs on Canadian goods.
KPMG poll says 54 per cent of manufacturers can weather trade war of more than a year

KPMG poll says 54 per cent of manufacturers can weather trade war of more than a year

TORONTO — A new survey says roughly half of domestic manufacturers say they can weather a trade war that lasts more than a year.
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