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S&P/TSX composite rises 1.5 per cent Wednesday, U.S. stock markets also rally

S&P/TSX composite rises 1.5 per cent Wednesday, U.S. stock markets also rally

TORONTO — Broad-based strength lifted Canada's main stock index 1.5 per cent Wednesday, while U.S. stocks also rallied after the U.S. Federal Reserve left its outlook for interest rate cuts this year intact.
Hudson's Bay shoppers scramble for striped products as company seeks liquidation

Hudson's Bay shoppers scramble for striped products as company seeks liquidation

TORONTO — When the pre-lunch rush hit Wednesday at the flagship Hudson’s Bay store in Toronto, Brian Bursten was considering himself one of the lucky ones.
Stock market today: Wall Street rises after the Fed keeps interest rates steady

Stock market today: Wall Street rises after the Fed keeps interest rates steady

NEW YORK (AP) — U.S. stock indexes rose after the Federal Reserve kept its main interest rate steady, as was widely expected. The S&P 500 climbed 1.1% Wednesday. The Dow Jones Industrial Average added 0.9%, and the Nasdaq composite rose 1.4%.
Circle K-owner Couche-Tard undeterred in pursuit to buy 7-Eleven operator: CEO

Circle K-owner Couche-Tard undeterred in pursuit to buy 7-Eleven operator: CEO

The chief executive of Alimentation Couche-Tard Inc. said the company remains committed to acquiring the Japanese operator of the 7-Eleven chain despite recent pushback.
Ottawa provides $20M for B.C.'s forest sector amid softwood duties, trade war

Ottawa provides $20M for B.C.'s forest sector amid softwood duties, trade war

RICHMOND, B.C. — The federal government is providing about $20 million in funding to support British Columbia's forestry sector, part of Ottawa's effort to bolster the economy amid the Canada-U. S. trade war.
Here are the members of Ontario Premier Doug Ford's new cabinet

Here are the members of Ontario Premier Doug Ford's new cabinet

Ontario Premier Doug Ford has named his new cabinet after his Progressive Conservatives won a third consecutive majority government.
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.
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