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Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%

Citing trade wars, the World Bank sharply downgrades global economic growth forecast to 2.3%

WASHINGTON (AP) — President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday.
ADF Group reports Q1 profit, revenue falls from year ago amid tariff uncertainty

ADF Group reports Q1 profit, revenue falls from year ago amid tariff uncertainty

TERREBONNE — ADF Group Inc., a maker of steel superstructures, reported a first-quarter profit of $8.7 million as its revenue plunged compared with a year earlier due to the uncertainty related to U.S. tariffs. Revenue for the quarter totalled $55.
Apple underwhelms at WWDC with incremental AI changes, new software name and 'liquid glass' design

Apple underwhelms at WWDC with incremental AI changes, new software name and 'liquid glass' design

CUPERTINO, Calif.
EU seeks to lower a price cap on Russian oil and discourage Nord Stream pipeline investors

EU seeks to lower a price cap on Russian oil and discourage Nord Stream pipeline investors

BRUSSELS (AP) — The European Union wants to lower a cap on the price of Russian oil to deprive the Kremlin of extra profits to fund its war in Ukraine as part of a new raft of sanctions aimed at forcing Moscow to the negotiating table, senior officia
GST relief on new homes could save 1st-time buyers up to $240 on mortgages: report

GST relief on new homes could save 1st-time buyers up to $240 on mortgages: report

OTTAWA — The Liberal plan to give first-time homebuyers a tax break on a newly built home could have substantial impacts on housing affordability — with a few caveats — a new analysis finds.
Citing trade wars, the World Bank sharply downgrades forecast for global economic growth to 2.3%

Citing trade wars, the World Bank sharply downgrades forecast for global economic growth to 2.3%

WASHINGTON (AP) — President Donald Trump’s trade wars are expected to slash economic growth this year in the United States and around the world, the World Bank forecast Tuesday.
Cineplex reports $55.3M May box office revenue up from $33.9M a year ago

Cineplex reports $55.3M May box office revenue up from $33.9M a year ago

TORONTO — Movie theatre company Cineplex Inc. reported its May box office report rose compared with a year ago helped by Final Destination: Bloodlines, Lilo & Stitch, and Mission: Impossible – the Final Reckoning.
Renewable cleanup rules making Alberta less competitive for investment: report

Renewable cleanup rules making Alberta less competitive for investment: report

CALGARY — A report says new cleanup rules for renewable energy sites are hurting the competitiveness of Alberta's industry.
China tariffs bite into B.C. spot prawn season, but foodies queue for kiss of the sea

China tariffs bite into B.C. spot prawn season, but foodies queue for kiss of the sea

VANCOUVER — Toronto resident Krista Jang showed off her "haul" on the False Creek Fishermen's Wharf in Vancouver — a bag of sweet and meaty spot prawns, live and kicking and fresh off the boat.
B.C. to restore housing aid to families with sick children in Vancouver hospitals

B.C. to restore housing aid to families with sick children in Vancouver hospitals

VICTORIA — The British Columbia government says it's working to reverse changes that slashed accommodation funding for out-of-town parents whose children receive specialized hospital care in Vancouver.
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