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Saskatchewan Opposition says too many water bombers grounded during wildfires

Saskatchewan Opposition says too many water bombers grounded during wildfires

REGINA — Saskatchewan Premier Scott Moe’s government, already under attack for failing to help wildfire evacuees, faced questions Wednesday over why almost half of its water bomber fleet was grounded while blazes forced thousands to flee.
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Average family to save $280 per year from Liberal tax cut: PBO

Average family to save $280 per year from Liberal tax cut: PBO

OTTAWA — The average Canadian family will save $280 on their taxes next year from the Liberal government's planned income tax cut, the parliamentary budget officer said in an analysis released on Wednesday.
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Fed leaves key rate unchanged as it awaits the impact of tariffs and Trump again scolds Powell

Fed leaves key rate unchanged as it awaits the impact of tariffs and Trump again scolds Powell

WASHINGTON (AP) — The Federal Reserve kept its key rate unchanged Wednesday as it waits for additional information on how tariffs and other potential disruptions will affect the economy this year.
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Bloc Québécois supply management bill moves swiftly through Parliament

Bloc Québécois supply management bill moves swiftly through Parliament

OTTAWA — A Bloc Québécois bill to take Canada's supply management system off the table in future trade negotiations has passed swiftly through Parliament, with little opposition.
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Buss family agrees to sell controlling stake of Lakers to Mark Walter for $10B, AP source says

Buss family agrees to sell controlling stake of Lakers to Mark Walter for $10B, AP source says

The Buss family has agreed to sell the controlling stake of the Los Angeles Lakers to TWG Global CEO Mark Walter, doing so with a franchise valuation of $10 billion — the most ever for a professional sports franchise, a person with knowledge of the a
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S&P/TSX composite closes higher, U.S. stock markets mixed

S&P/TSX composite closes higher, U.S. stock markets mixed

Canada's main stock index climbed higher on Wednesday and U.S. stock markets closed out the trading day mixed as investors digested an uncertain interest rate outlook south of the border. The S&P/TSX composite index was up 18.46 points at 26,559.
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Business groups push for pause on Canada's digital services tax targeting tech giants

Business groups push for pause on Canada's digital services tax targeting tech giants

OTTAWA — Ottawa is under pressure to pause digital services tax legislation that directs large tech companies to make a big retroactive payment by June 30. Canadian and U.S. business groups, organizations representing U.S.
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Montreal bicycle rental company sets new records during public transit strike

Montreal bicycle rental company sets new records during public transit strike

MONTREAL — Montreal's main bicycle rental company says its users smashed records during the recent public transit strike, travelling the equivalent of more than 50 times around the Earth.
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Diversifying trade key to building resilience against U.S. tariffs: Macklem

Diversifying trade key to building resilience against U.S. tariffs: Macklem

OTTAWA — Bank of Canada governor Tiff Macklem is encouraging businesses to explore export markets beyond the United States to make the economy less vulnerable to current and future trade disputes. Speaking to a business crowd in coastal St.
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Wall Street drifts after the Fed indicates it may still cut rates twice this year

Wall Street drifts after the Fed indicates it may still cut rates twice this year

NEW YORK (AP) — U.S. stocks drifted after the Federal Reserve indicated it may cut interest rates twice this year, though it’s far from certain about that. The S&P 500 ended basically flat Wednesday. The Dow Jones Industrial Average slipped 0.
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