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Bank of Canada aims for flexibility in rate-setting framework review, says Macklem
Bank of Canada governor Tiff Macklem says flexibility is key as the bank prepares to review its rate-setting framework in a world undergoing an economic sea change.
Aug 26, 2025 2:45 PM
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Youth unemployment at recessionary levels, CIBC report finds
TORONTO — A new report says the current youth unemployment rate is at levels typically only seen during recessions, even as other age groups face a more resilient labour market.
Aug 26, 2025 2:38 PM
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'Without precedent': Alberta Energy Regulator CEO cancels hearing for coal mine
CALGARY — The head of the Alberta Energy Regulator has cancelled an application hearing for a potential coal mine, a move that he acknowledged is "without precedent.
Aug 26, 2025 2:20 PM
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A late push sends Wall Street near its records
Stocks closed higher on Wall Street after an afternoon push left major indexes just below their recent records. The S&P 500 rose 0.4% Tuesday after drifting between small gains and losses for much of the day.
Aug 26, 2025 2:06 PM
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Carney says Canada will soon announce funding for port infrastructure
OTTAWA — Prime Minister Mark Carney says expansions to ports in Montreal and Manitoba could be among the first projects fast tracked under his government's new major projects bill.
Aug 26, 2025 1:38 PM
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Embattled Fed Gov. Lisa Cook says she'll sue Trump to keep her job
WASHINGTON (AP) — Federal Reserve Gov. Lisa Cook will sue President Donald Trump's administration to try to prevent him from firing her , her lawyer said Tuesday.
Aug 26, 2025 1:36 PM
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Parliamentary Budget Officer says 3.2 million new homes needed to close housing gap
OTTAWA — Canada needs to build 3.2 million new homes in the next decade to close the housing gap but isn't on track to do that, the Parliamentary Budget Officer said in a new analysis published on Tuesday.
Aug 26, 2025 1:29 PM
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Study says AI chatbots need to fix suicide response, as family sues over ChatGPT role in boy's death
SAN FRANCISCO (AP) — A study of how three popular artificial intelligence chatbots respond to queries about suicide found that they generally avoid answering questions that pose the highest risk to the user, such as for specific how-to guidance.
Aug 26, 2025 12:38 PM
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Canada Post reports $407 million Q2 loss as parcel volume suffers
OTTAWA — Canada Post reported a loss before tax of $407 million in its second quarter as its parcels business fell due to labour uncertainty.
Aug 26, 2025 12:23 PM
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More Canadians commuting as remote work declines, hybrid workers on site more often
The number of Canadians commuting to work rose for the fourth year in a row, a Statistics Canada report said Tuesday, as hybrid workers are increasingly spending more time in the workplace than at home.
Aug 26, 2025 12:21 PM
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