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Bank of Canada rate cut odds for June fall after April inflation data

Bank of Canada rate cut odds for June fall after April inflation data

OTTAWA — Signs that underlying inflation was picking up in April put the Bank of Canada in a tricky position ahead of its June interest rate decision, with some economists arguing a second straight pause is now more likely.
Kahnawake casino owners sue Mohawk council, grand chief for $220 million

Kahnawake casino owners sue Mohawk council, grand chief for $220 million

MONTREAL — Two owners of a casino in a First Nations community southwest of Montreal are suing the Mohawk Council of Kahnawake for more than $200 million.
As regulators abandon 'bare minimum' corporate climate reporting, a backstop lurks

As regulators abandon 'bare minimum' corporate climate reporting, a backstop lurks

TORONTO — In the future, seeing the carbon emissions of a company may not be much harder than finding out how many calories are in a chocolate bar, but that day looks further out than it did just a few months ago.
Honda pulls back on EV strategy for now and will push hybrid sales

Honda pulls back on EV strategy for now and will push hybrid sales

TOKYO (AP) — Honda said Tuesday electric vehicle sales were slowing in the U.S., prompting the Japanese automaker to scrap its previous goal for EVs to be 30% of its global vehicle sales by 2030.
TotalEnergies signs supply deal with proposed Ksi Lisims LNG project on B.C. coast

TotalEnergies signs supply deal with proposed Ksi Lisims LNG project on B.C. coast

VANCOUVER — TotalEnergies has signed a deal to buy two million tons per year of liquefied natural gas for 20 years from the proposed Ksi Lisims LNG project on the north coast of B.C.

Here's a list of April inflation rates for Canadian provinces

OTTAWA — Canada's annual inflation rate was 1.7 per cent in April, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 0.4 per cent (1.1) — Prince Edward Island: 0.6 per cent (1.
Importers warn new duty payment system will cause headaches, delays on top of tariffs

Importers warn new duty payment system will cause headaches, delays on top of tariffs

MONTREAL — Importers are warning that the launch of a new online payment regime this week will cause financial headaches and logistical snarls for shippers bringing goods into Canada.
Stocks, bonds and the dollar drift after the latest downgrade to the US government's credit rating

Stocks, bonds and the dollar drift after the latest downgrade to the US government's credit rating

NEW YORK (AP) — U.S. stocks, bonds and the value of the U.S. dollar drifted following the latest reminder that the U.S government seems to be hurtling toward an unsustainable mountain of debt. The S&P 500 edged up 0.
The UK and the EU announce new deals and renew ties, 5 years after Brexit

The UK and the EU announce new deals and renew ties, 5 years after Brexit

LONDON (AP) — Britain’s government said Monday it has struck new agreements with the European Union on boosting defense cooperation, easing food trade and border checks.
Tariffs, economic uncertainty chilling cottage housing market, report says

Tariffs, economic uncertainty chilling cottage housing market, report says

The May long weekend marks the unofficial start of cottage season for many Canadians, but a new report says some looking to buy a vacation home of their own are holding back until economic tensions settle.
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