Tag Archives: business

OTTAWA - The Bank of Canada will keep its key interest rate at 0.25 per cent until the national economic picture improves, which governor Tiff Macklem said Wednesday will take "a long time."...

BRUSSELS - A European Union court on Wednesday delivered a hammer blow to the bloc's attempts to rein in multinationals' ability to strike special tax deals with individual EU countries when it ruled ...

OTTAWA - The federal government's key emergency benefit for workers with jobs hit by the pandemic is "not a permanent solution" to ongoing hardships, a Senate committee says in a report that make...

As pressure mounts for professional sports teams to shed racist or stereotypical names, experts believe the Canadian Football League's Edmonton Eskimos will soon announce a name change. On Monday, the...

WASHINGTON - The federal government incurred the biggest monthly budget deficit in history in June as spending on programs to combat the coronavirus recession exploded while millions of job losses cut...

OTTAWA - Statistics Canada says Canadians' buying patterns changed so much during the COVID-19 pandemic that its measure of consumer inflation went a little wobbly. The agency previously reported...

DUBAI, United Arab Emirates - The Middle East's energy producers are expected to earn $270 billion less in oil revenue compared to last year as the region's economic heavyweight, Saudi Arabia, sinks d...

OTTAWA - The federal government is for the second time extending its program to subsidize wages in companies hit hard by the COVID-19 pandemic, this time until at least December. But the gov...

WARSAW, Poland - Polish President Andrzej Duda declared victory Monday in a runoff election in which he narrowly won a second five-year term, acknowledging the campaign he ran was often too harsh as h...

TORONTO - A plan to operate NHL game hubs in Edmonton and Toronto could draw hundreds of hockey players and staff to both Canadian cities, but business experts say their presence won't give ...