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S&P/TSX composite up as BoC cuts key rate, U.S. stock markets dip as Fed holds

S&P/TSX composite up as BoC cuts key rate, U.S. stock markets dip as Fed holds

TORONTO — Canada's main stock index closed higher Wednesday as the Bank of Canada cut its key lending rate, while U.S. stock markets dipped as the U.S. Federal Reserve kept its rate unchanged.
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Bank of Canada cuts rates to 3% as U.S. tariff threat clouds outlook

Bank of Canada cuts rates to 3% as U.S. tariff threat clouds outlook

OTTAWA — The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy rate by a quarter-percentage point to three per cent.
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Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts

Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts

The gap in interest rate policies between Canada and the U.S. widened further as the Bank of Canada cut its key lending rate by a quarter-point on Wednesday, while the U.S. Federal Reserve held rates steady.
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Stock market today: Wall Street slips after the Fed keeps interest rates steady

Stock market today: Wall Street slips after the Fed keeps interest rates steady

NEW YORK (AP) — U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September. The S&P 500 fell 0.5% Wednesday. The Dow Jones Industrial Average dipped 0.
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Kelowna Chamber of Commerce hopeful on interprovincial trade

Kelowna Chamber of Commerce hopeful on interprovincial trade

Research suggests GDP growth could be as much as $200B over next decade if interprovincial trade barriers are removed.
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B.C. video game sector sees fewer studios, more jobs, says ESAC report

B.C. video game sector sees fewer studios, more jobs, says ESAC report

Despite their decline, larger video game studios are continuing to get a foothold in the B.C. market, raising full-time employment numbers and average salaries in 2024
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Rob Shaw: BC Greens ghosted by their own MLAs

Rob Shaw: BC Greens ghosted by their own MLAs

Elected members say they don't have time to be leader following Sonia Furstenau's exit
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Text of the Bank of Canada's latest interest rate decision

OTTAWA — The Bank of Canada cut its key policy rate by 25 basis points on Wednesday, bringing it to three per cent.
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Bryan Yu: Average B.C. home price hit highest level in two years in December

Bryan Yu: Average B.C. home price hit highest level in two years in December

Momentum remains strong in B.C.’s housing market following rate cuts
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Most Canadian business leaders support dollar-for-dollar retaliatory tariffs: KPMG

Most Canadian business leaders support dollar-for-dollar retaliatory tariffs: KPMG

TORONTO — The vast majority of Canadian business leaders want a targeted, dollar-for-dollar retaliatory response if the United States delivers on its tariff threats this week, a new KPMG in Canada survey found.
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