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What the Bank of Canada rate cut means for mortgages, consumer loans and investments

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.
Banks lower prime rates after Bank of Canada move

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.
Calculating the economic and reconciliation benefits of LNG in B.C.

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
Why shifting to sell eggs from uncaged hens is hard in Canada

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
Updated: Squamish council pushes floatel decision off into future

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.'
Bank of Canada cuts key interest rate for first time in more than four years

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.
BC United MLAs confident in voter support despite rise of Conservatives

BC United MLAs confident in voter support despite rise of Conservatives

Todd Stone expects 'normalization' of poll numbers before fall elections
Cybersecurity standards emerging in Canada as ransomware business booms

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."
Mining in B.C. presents 'greatest opportunity in a generation': PwC

Mining in B.C. presents 'greatest opportunity in a generation': PwC

Permitting timelines for new mines still too long
UN secretary-general calls for 'windfall' tax on profits of fossil fuel companies

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.