Business

Bank of Canada cuts key interest rate to 3.75%

The Bank of Canada has lowered its key interest rate to 3.75 with a 50 basis-point cut, twice the size of the previous cut.More to come.Source

Former Abercrombie & Fitch CEO Mike Jeffries faces federal sex trafficking charges

WARNING: This story may affect those who have experienced​ ​​​sexual violence or know someone affected by it.Former Abercrombie & Fitch CEO Mike Jeffries, his romantic partner and a third man were arrested...

Honda recalls 61,000 vehicles in Canada over fuel pump issue

Honda is voluntarily recalling 61,000 vehicles in Canada over concerns that a high-pressure fuel pump may have a defective part. The company said in a statement last week that cracks could form...

Ontario aiming to become energy superpower, energy minister says

Ontario's energy minister says he wants the province's electricity system to not just be able to meet an expected 75 per cent increase in demand, but to exceed it and be...

X is the latest social media site letting 3rd parties use your data to train AI models

Elon Musk's X was already using your data to train its own artificial intelligence. Soon, it'll let other companies do the same.Starting Nov. 15, the social media site formerly known as Twitter...

Tobacco giants would pay out $32.5B to provinces, smokers in ‘historic’ proposed deal

Three tobacco giants face the prospect of paying close to $25 billion to provinces and territories and more than $4 billion to tens of thousands of Quebec smokers and their loved ones...
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