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Fed hold rates steady, sees inflation as 'elevated,' as Powell declines comment on Trump
WASHINGTON (AP) — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies Presi
Jan 29, 2025 6:27 PM
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Smith announces new Crown corporation to oversee Alberta's rainy day fund
Alberta Premier Danielle Smith announced a new Crown corporation Wednesday to oversee the province's rainy day fund. The Heritage Fund Opportunities Corp.
Jan 29, 2025 6:06 PM
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Saskatchewan premier says broad tariffs against U.S. would 'rip this country apart'
REGINA — Saskatchewan Premier Scott Moe says imposing sweeping export tariffs on Canadian goods heading south would "rip this country apart.
Jan 29, 2025 5:21 PM
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Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub
Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after the Bank of Canada's latest cut to its key policy rate.
Jan 29, 2025 5:07 PM
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Plane was in training spin when it crashed, killing instructor and student: report
EDMONTON — A report says a plane was doing a training spin at a lower-than-recommended altitude when it went down in a lake near Edmonton, killing a flight instructor and a student pilot.
Jan 29, 2025 5:03 PM
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S&P/TSX composite up as BoC cuts key rate, U.S. stock markets dip as Fed holds
TORONTO — Canada's main stock index closed higher Wednesday as the Bank of Canada cut its key lending rate, while U.S. stock markets dipped as the U.S. Federal Reserve kept its rate unchanged.
Jan 29, 2025 4:53 PM
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Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules
WASHINGTON (AP) — The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including tho
Jan 29, 2025 4:48 PM
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Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts
The gap in interest rate policies between Canada and the U.S. widened further as the Bank of Canada cut its key lending rate by a quarter-point on Wednesday, while the U.S. Federal Reserve held rates steady.
Jan 29, 2025 4:42 PM
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Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules
WASHINGTON (AP) — The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including tho
Jan 29, 2025 4:31 PM
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Nova Scotia's largest ever increase to the minimum wage is inadequate: advocacy group
HALIFAX — The Nova Scotia government says workers will benefit from the province's largest ever increase to the minimum wage later this year, but an advocacy group says $16.50 an hour doesn't come close to being a living wage.
Jan 29, 2025 4:15 PM
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