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Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut

Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut

LONDON (AP) — The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve , its first since the onset of the coronavirus pandemic more than four years ago.
Quebec won't fund graphite mine project tied to Pentagon; locals claim ‘victory’

Quebec won't fund graphite mine project tied to Pentagon; locals claim ‘victory’

MONTREAL — After years fighting against the opening of a mining project with ties to the Pentagon, Louis Saint-Hilaire is breathing a sigh of relief.
Pressure still on oilsands sector despite silence after greenwashing law: think tank

Pressure still on oilsands sector despite silence after greenwashing law: think tank

CALGARY — Canada's oilsands industry remains under pressure to reduce its greenhouse gas footprint, even as companies have clamped down on public communications in the wake of new anti-greenwashing legislation.
Tupperware lifts the lid on its financial problems with bankruptcy filing

Tupperware lifts the lid on its financial problems with bankruptcy filing

NEW YORK (AP) — The company behind Tupperware, the plastic kitchenware that revolutionized food storage after World War II and became inextricably linked to the parties where women seeking a measure of financial independence and fun in midcentury Ame
Low pay for junior Air Canada pilots poses possible hurdle to proposed deal

Low pay for junior Air Canada pilots poses possible hurdle to proposed deal

MONTREAL — Low entry-level pay in the tentative deal between Air Canada and its pilots could be a stumbling block ahead of a union vote on the agreement, some aviators and experts say.
Michelin awards four new stars as inspectors venture outside Toronto city limits

Michelin awards four new stars as inspectors venture outside Toronto city limits

TORONTO — Michelin has awarded a star to four new restaurants in its Toronto guide — but three of them aren't in the city at all.
Federal Reserve signals end to inflation fight with a sizable half-point rate cut

Federal Reserve signals end to inflation fight with a sizable half-point rate cut

WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for A
Alberta Premier Smith aims to help fund private school construction

Alberta Premier Smith aims to help fund private school construction

EDMONTON — Alberta Premier Danielle Smith says her government’s $8.6-billion plan to fast-track building new schools will include a pilot project to incentivize private ones.
Construction wraps on indoor supervised site for people who inhale drugs in Vancouver

Construction wraps on indoor supervised site for people who inhale drugs in Vancouver

VANCOUVER — Supervised injection sites are saving the lives of drug users everyday, but the same support is not being offered to people who inhale illicit drugs, the head of the BC Centre for Excellence in HIV/AIDS says. Dr.
Sleep Country shareholders approve sale to Fairfax Financial

Sleep Country shareholders approve sale to Fairfax Financial

TORONTO — Sleep Country Holdings Inc. shareholders have voted in favour of selling the business to Fairfax Financial Holdings Ltd. for $1.7 billion. The mattress retailer says 99.
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