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What the Bank of Canada rate cut means for mortgages, consumer loans and investments
The Bank of Canada has lowered its key interest rate by a quarter of a percentage point to 4.75 per cent, the first cut in more than four years. Here's what it could mean for your finances.
Jun 5, 2024 1:28 PM
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Banks lower prime rates after Bank of Canada move
TORONTO — Canadian banks are lowering their prime rates after the Bank of Canada cut its benchmark rate for the first time in four years. Banks including RBC, TD, BMO, CIBC and Scotiabank have lowered their rates to 6.95 per cent from 7.
Jun 5, 2024 1:22 PM
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Calculating the economic and reconciliation benefits of LNG in B.C.
Economic impact study finds $4.5 billion increase in GDP for every $4.1 billion invested in engineering, construction
Jun 5, 2024 1:00 PM
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Why shifting to sell eggs from uncaged hens is hard in Canada
McDonald's Canada says it now uses eggs that are 100-per-cent from uncaged chickens
Jun 5, 2024 12:40 PM
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Updated: Squamish council pushes floatel decision off into future
At the June 4 meeting, council referred the TUP for the WLNG floatel back to muni staff; Woodfibre LNG 'dismayed with the ongoing delay.'
Jun 5, 2024 12:40 PM
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Bank of Canada cuts key interest rate for first time in more than four years
OTTAWA — The Bank of Canada marked a major turning point in its fight against inflation on Wednesday as it lowered its key interest rate for the first time in more than four years, making it the first central bank in the G7 to cut rates.
Jun 5, 2024 11:43 AM
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BC United MLAs confident in voter support despite rise of Conservatives
Todd Stone expects 'normalization' of poll numbers before fall elections
Jun 5, 2024 10:46 AM
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Cybersecurity standards emerging in Canada as ransomware business booms
"The way that the bad guys are getting in is constantly changing, and the battlefield is constantly shifting for cybersecurity professionals to keep these organizations safe."
Jun 5, 2024 10:23 AM
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Mining in B.C. presents 'greatest opportunity in a generation': PwC
Permitting timelines for new mines still too long
Jun 5, 2024 9:00 AM
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UN secretary-general calls for 'windfall' tax on profits of fossil fuel companies
GENEVA (AP) — U.N. Secretary General António Guterres called Wednesday for a “windfall” tax on profits of fossil fuel companies to help pay for the fight against global warming, decrying them as the “godfathers of climate chaos.
Jun 5, 2024 8:33 AM
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