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Bank of Canada rate decision too close to call after soft March inflation report

Bank of Canada rate decision too close to call after soft March inflation report

OTTAWA — A surprise slowdown in inflation last month has turned the Bank of Canada's interest rate decision on Wednesday into a coin toss, with some economists leaning toward a hold and others saying a cut is warranted.
CIBC becomes latest founding partner of WNBA expansion side Toronto Tempo

CIBC becomes latest founding partner of WNBA expansion side Toronto Tempo

TORONTO — CIBC has become a founding partner of the WNBA-expansion Toronto Tempo. CIBC will become the basketball team's official bank and appear on team jerseys when the Tempo begin play in 2026.
Statistics Canada says manufacturing sales rose 0.2 per cent to $72.9B in February

Statistics Canada says manufacturing sales rose 0.2 per cent to $72.9B in February

OTTAWA — Statistics Canada says total manufacturing sales rose to their highest level since September 2023 as they climbed 0.2 per cent to $72.9 billion in February.
Relaxed U.S. tariffs on electronics help drive market gains in U.S., Canada

Relaxed U.S. tariffs on electronics help drive market gains in U.S., Canada

News of relaxed U.S. tariffs on smartphones and other electronics helped propel gains on Canadian and U.S. stock markets on Monday after last week's dizzying ups and downs.
Meta faces historic antitrust trial that could force it to break off Instagram, WhatsApp

Meta faces historic antitrust trial that could force it to break off Instagram, WhatsApp

WASHINGTON (AP) — A historic antitrust trial began Monday for Meta Platforms Inc.
Statistics Canada reports February wholesale trade figures up 0.3 per cent

Statistics Canada reports February wholesale trade figures up 0.3 per cent

OTTAWA — Wholesale trade, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.3 per cent to $85.7 billion in February, Statistics Canada said Monday.
Blue Origin launches an all-female celebrity crew with Katy Perry, Gayle King and Lauren Sanchez

Blue Origin launches an all-female celebrity crew with Katy Perry, Gayle King and Lauren Sanchez

Jeff Bezos’ Blue Origin launched his fiancee Lauren Sanchez into space Monday with an all-female celebrity crew that included Katy Perry and Gayle King .

Enghouse Systems buys Lithuanian trip-planning app company Trafi

MARKHAM — Enghouse Systems Ltd. says it has acquired Trafi Ltd., a software company based in Lithuania focused on transportation networks and trip planning. Financial terms of the deal were not immediately available.
Canada's LNG industry set to take flight as interest reignites in Alaska megaproject

Canada's LNG industry set to take flight as interest reignites in Alaska megaproject

CALGARY — Hundreds of kilometres up the Pacific coast from where Canada’s first liquefied natural gas export terminal is set to start up this summer, a monster lays dormant.
Future legislation compensating news outlets for content must account for AI: report

Future legislation compensating news outlets for content must account for AI: report

TORONTO — Canadian researchers say any future legislation meant to level the playing field between Big Tech and journalism organizations must account for generative artificial intelligence.
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