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Businesses expect more but slowing price, wage increases: BoC survey

Businesses expect more but slowing price, wage increases: BoC survey

OTTAWA — Businesses continue to see larger-than-normal wage and price increases ahead, but those expectations are shifting closer to what they were before the pandemic, a new survey by the Bank of Canada suggests.
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The Supreme Court rules for a designer who doesn't want to make wedding websites for gay couples

The Supreme Court rules for a designer who doesn't want to make wedding websites for gay couples

WASHINGTON (AP) — In a defeat for gay rights, the Supreme Court's conservative majority ruled on Friday that a Christian graphic artist who wants to design wedding websites can refuse to work with same-sex couples.
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Canadian economy holds steady in April as real GDP remains unchanged, StatCan reports

Canadian economy holds steady in April as real GDP remains unchanged, StatCan reports

OTTAWA — Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March.
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An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 years

An inflation gauge tracked by the Federal Reserve falls to its lowest point in 2 years

WASHINGTON (AP) — An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021, pulled down by lower gas prices and slower-rising food costs.
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Executives urge Europe to rethink its world-leading AI rules

Executives urge Europe to rethink its world-leading AI rules

LONDON (AP) — More than 150 company executives are urging the European Union to rethink the world's most comprehensive rules for artificial intelligence , saying Friday that upcoming regulations will make it harder for companies in Europe to compete
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Hydro One reaches tentative agreement with Power Workers' Union

Hydro One reaches tentative agreement with Power Workers' Union

TORONTO — Hydro One Inc. says it has reached tentative agreements covering two contracts with the Power Workers' Union, which represents the company's front-line workers. Details of the proposed settlements were not immediately available.
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The IMF agrees to a long-awaited bailout for Pakistan of $3 billion

The IMF agrees to a long-awaited bailout for Pakistan of $3 billion

ISLAMABAD (AP) — The International Monetary Fund agreed to provide $3 billion to Pakistan — a long-awaited relief to bail out the impoverished country's ailing economy.
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Lynx Air president and CEO Merren McArthur to step down in September

Lynx Air president and CEO Merren McArthur to step down in September

CALGARY — Lynx Air says president and CEO Merren McArthur is stepping down for personal reasons. The Calgary-based airline says its founding CEO will continue in the role until the end of September to allow time to find her replacement.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,913.17, up 94.32): Bank of Nova Scotia. (TSX:BNS). Finance. Up 89 cents, or 1.38 per cent, to $65.54 on 12.7 million shares.
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S&P/TSX composite posts gain led by energy stocks, U.S. markets mixed

S&P/TSX composite posts gain led by energy stocks, U.S. markets mixed

TORONTO — Canada's main stock index rose almost 100 points Thursday, led by gains in energy and financial stocks, while U.S. markets were mixed. The S&P/TSX composite index was up 94.32 points at 19,913.17.
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