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Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

WASHINGTON (AP) — Chair Jerome Powell said Thursday that the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed's officials want to
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Ovintiv moves deeper into Montney region with $3.3B asset purchase from Paramount

Ovintiv moves deeper into Montney region with $3.3B asset purchase from Paramount

CALGARY — The massive price discount on Canadian oil and gas assets compared with those south of the border was likely a major factor behind Ovintiv Inc.
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Purolator workers won't handle Canada Post packages if strike occurs, union says

Purolator workers won't handle Canada Post packages if strike occurs, union says

Teamsters Canada says if Canada Post workers go on strike or are locked out, its members at Purolator won't handle any packages postmarked or identified as originating from the carrier.
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Ambitious Centre Block renovation project nearly ready to enter the rebuilding phase

Ambitious Centre Block renovation project nearly ready to enter the rebuilding phase

OTTAWA — The major restoration of Parliament's Centre Block is nearly ready to enter the rebuilding phase after six years of demolition, primary excavation and abatement. The renovation is estimated to cost between $4.5 billion and $5 billion.
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Ontario signs $100M deal with Elon Musk's Starlink system

Ontario signs $100M deal with Elon Musk's Starlink system

Premier Doug Ford's government has signed a $100-million deal with Elon Musk's SpaceX to deliver high-speed internet to remote residents in rural and northern Ontario.
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Energy stocks boost S&P/TSX composite Thursday, U.S. stock markets down

Energy stocks boost S&P/TSX composite Thursday, U.S. stock markets down

TORONTO — Canada's main stock index continued to rise Thursday, boosted by gains in energy stocks, while U.S. stock markets moved lower with the post-election rally appearing to be in the rearview mirror. The S&P/TSX composite index closed up 60.
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Goaltending tandem of Wolf, Vladar tandem bolster Calgary Flames

Goaltending tandem of Wolf, Vladar tandem bolster Calgary Flames

CALGARY — The burning question of Calgary Flames training camp still didn't have an answer at almost the quarter pole of the NHL season. A bona fide No.
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Federal government offers grants for small businesses in fire-stricken Jasper, Alta.

Federal government offers grants for small businesses in fire-stricken Jasper, Alta.

JASPER, ALBERTA, CANADA — Business owners in the fire-ravaged Rocky Mountain resort town of Jasper are getting some financial help getting back on their feet.
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AtkinsRéalis touts 'nuclear prowess' amid record backlog, reports Q3 revenue up

AtkinsRéalis touts 'nuclear prowess' amid record backlog, reports Q3 revenue up

AtkinsRéalis Group Inc. continued to tout its nuclear business as one of the keys to its growth strategy amid a record-high backlog last quarter. The engineering services firm says its services backlog stood at $16.84 billion as of Sept.
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Tropical Storm Sara threatens to bring flash floods and mudslides to Central America

Tropical Storm Sara threatens to bring flash floods and mudslides to Central America

SAN PEDRO SULA, Honduras (AP) — Tropical Storm Sara formed Thursday in the Caribbean Sea and began lashing the sparsely-populated Caribbean coast of Honduras with heavy rain.
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