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Ontario judge begins hearing arguments over landmark $32.5-billion tobacco settlement

Ontario judge begins hearing arguments over landmark $32.5-billion tobacco settlement

TORONTO — An Ontario judge began hearing arguments Wednesday about whether to approve a landmark $32.5-billion settlement that would see three major tobacco companies compensate provinces, territories and ex-smokers across the country.
Canada can strike back swiftly if U.S. imposes tariffs, experts say

Canada can strike back swiftly if U.S. imposes tariffs, experts say

OTTAWA — If the U.S. follows through on President Donald Trump's threat to impose massive tariffs on Canada as early as Saturday, Ottawa could hit back with retaliatory tariffs within hours or days, according to international trade lawyers.
Saskatchewan premier says broad tariffs against U.S. would 'rip this country apart'

Saskatchewan premier says broad tariffs against U.S. would 'rip this country apart'

REGINA — Saskatchewan Premier Scott Moe says imposing sweeping export tariffs on Canadian goods heading south would "rip this country apart.
Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub

Bank of Canada cut will prompt lower variable mortgage rate costs: Ratehub

Experts say homeowners with variable mortgage rates will benefit from lower monthly payments after the Bank of Canada's latest cut to its key policy rate.
Plane was in training spin when it crashed, killing instructor and student: report

Plane was in training spin when it crashed, killing instructor and student: report

EDMONTON — A report says a plane was doing a training spin at a lower-than-recommended altitude when it went down in a lake near Edmonton, killing a flight instructor and a student pilot.
S&P/TSX composite up as BoC cuts key rate, U.S. stock markets dip as Fed holds

S&P/TSX composite up as BoC cuts key rate, U.S. stock markets dip as Fed holds

TORONTO — Canada's main stock index closed higher Wednesday as the Bank of Canada cut its key lending rate, while U.S. stock markets dipped as the U.S. Federal Reserve kept its rate unchanged.
Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

WASHINGTON (AP) — The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including tho
Bank of Canada cuts rates to 3% as U.S. tariff threat clouds outlook

Bank of Canada cuts rates to 3% as U.S. tariff threat clouds outlook

OTTAWA — The potential for U.S. tariffs is clouding the economic outlook for the Bank of Canada as it delivered another interest rate cut, reducing its policy rate by a quarter-percentage point to three per cent.
Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts

Canada-U.S. interest rate gap widens, but BoC more focused on tariffs: experts

The gap in interest rate policies between Canada and the U.S. widened further as the Bank of Canada cut its key lending rate by a quarter-point on Wednesday, while the U.S. Federal Reserve held rates steady.
Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

Senate confirms Zeldin to lead Environmental Protection Agency as Trump vows to cut climate rules

WASHINGTON (AP) — The Republican-controlled Senate on Wednesday confirmed Lee Zeldin to lead the Environmental Protection Agency, a key role to help President Donald Trump fulfill his pledge to roll back major environmental regulations, including tho