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BDC, First Nations Bank launch $100M initiative to support business acquisitions
Indigenous communities are set to get access to more capital to buy businesses as the First Nations Bank of Canada and the Business Development Bank of Canada launch a new initiative.
Jun 5, 2025 12:42 PM
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Nova Scotia premier pitching ambitious 'Wind West' offshore wind energy project
HALIFAX — In response to Prime Minister Mark Carney's bid to make Canada an "energy superpower," Nova Scotia Premier Tim Houston is floating the idea of dramatically ramping up the province's nascent offshore wind energy industry.
Jun 5, 2025 12:33 PM
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Loblaw pulls Folgers coffee from shelves over 'unjustified' cost increases
Shoppers at Loblaw Cos. Ltd.'s stores will soon no longer be able to get a coffee fix by purchasing Folgers-brand products after a pricing dispute prompted the grocer to pull them from its shelves.
Jun 5, 2025 12:00 PM
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Kananaskis golf course getting ready for G7, possible Trump visit
KANANASKIS — Darren Robinson had some very important news to tell U.S. president George Bush and José María Aznar, the prime minister of Spain. The pro shop was open.
Jun 5, 2025 11:49 AM
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Trump says after Xi call that US and China will resume trade talks
WASHINGTON (AP) — President Donald Trump said Thursday that his first call with Chinese leader Xi Jinping since returning to office was “very positive,” announcing that the two countries will hold trade talks in hopes of breaking an impasse over tari
Jun 5, 2025 11:25 AM
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Many homeowners plan to rein in spending as mortgage payments rise upon renewal: TD
TORONTO — Nearly half of homeowners facing a mortgage renewal in the next year expect their monthly payments to go up — with many anticipating having to adjust their budget to keep up with the higher cost, a survey published on Thursday shows.
Jun 5, 2025 10:42 AM
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ECB cuts benchmark interest rate by quarter point as Trump tariffs threaten economy
FRANKFURT, Germany (AP) — The European Central Bank cut its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as U.S.
Jun 5, 2025 10:24 AM
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BMO Financial Group makes executive changes including U.S. leadership
TORONTO — BMO Financial Group has made changes to its senior executive ranks including new leadership in its U.S. division as it looks to boost operations in the country.
Jun 5, 2025 10:22 AM
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The number of Americans filing for jobless benefits last week rises to highest level in eight months
WASHINGTON (AP) — Filings for U.S. unemployment benefits rose to their highest level in eight months last week but remain historically low despite growing uncertainty about how tariffs could impact the broader economy.
Jun 5, 2025 10:07 AM
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Bank of Canada hearing less ‘catastrophic’ tariff talk from businesses
OTTAWA — Trade-sensitive businesses are telling the Bank of Canada that they’re broadly less worried about their “worst-case tariff scenarios” coming true compared to earlier in the year, a senior central bank official said Thursday.
Jun 5, 2025 9:35 AM
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