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Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this wee
Prolonged softwood lumber dispute points to what Trump’s tariffs may mean for Canada

Prolonged softwood lumber dispute points to what Trump’s tariffs may mean for Canada

Vancouver-based forestry analyst says, even without Donald Trump’s return to the White House, the industry consensus is that U.S. lumber duties would surge to 30 per cent next year
S&P/TSX composite index up more than 200 points, U.S. stock markets mixed

S&P/TSX composite index up more than 200 points, U.S. stock markets mixed

TORONTO — Canada's main stock index gained more than 200 points Thursday, led higher by technology and base metals, while U.S. stock markets were mixed.
'We’re doing well,' Vancouver port CEO says despite shutdown

'We’re doing well,' Vancouver port CEO says despite shutdown

Port of Vancouver CEO Peter Xotta addresses Greater Vancouver Board of Trade
Stock market today: Most of Wall Street rises after the Fed cuts interest rates

Stock market today: Most of Wall Street rises after the Fed cuts interest rates

NEW YORK (AP) — Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy. The S&P 500 climbed 0.7% Thursday.
Housing minister announces applications open for $1B critical infrastructure program

Housing minister announces applications open for $1B critical infrastructure program

OTTAWA — Applications opened Thursday for a $1-billion federal program to help municipalities and Indigenous communities build critical infrastructure.
Environment commissioner says Canada on track to miss 2030 emissions targets

Environment commissioner says Canada on track to miss 2030 emissions targets

OTTAWA — Canada is still not on track to meet its commitments under the Paris climate agreement, federal Environment Commissioner Jerry DeMarco said in a new report on Thursday.
NDP calls on federal government to allow open work permits for temporary workers

NDP calls on federal government to allow open work permits for temporary workers

OTTAWA — A parliamentary committee is calling on the government to change how it handles permits for temporary workers after a UN report said the system creates "a breeding ground for contemporary forms of slavery.
British Columbians expected to be Canada's biggest holiday spenders, says BMO

British Columbians expected to be Canada's biggest holiday spenders, says BMO

B.C. residents will spend $343 more than the national average, but 53 per cent of them feel financial anxiety toward holiday spending, says survey.
National rent prices decline year-over-year for first time since pandemic: report

National rent prices decline year-over-year for first time since pandemic: report

Average asking rents declined nationally on a year-over-year basis for the first time in more than three years in October, said a report out Thursday. The report from Rentals.