National Business

TORONTO — Canada's main stock index was up almost 200 points Wednesday on broad-based gains led by utilities and base metals after the central bank raised interest rates to five per cent, while U.S.

OTTAWA — The Bank of Canada raised interest rates again on Wednesday, hitting the economy with even higher borrowing costs as new projections suggest it will take longer for inflation to fall back to two per cent.

Montreal tourism operators have begun to feel the impact of the suspension of the only daily train between their city and New York City. "Summer is the busiest tourist season in Montreal.

OTTAWA — The Bank of Canada hiked its key interest rate on Wednesday, by 0.25 of a percentage point to five per cent.

TORONTO — When the warm weather hits, Arthur Parks usually sees up to 10 referrals from Toronto real estate agents with clients feeling the allure of lakeside living as the summer heats up.

TORONTO — The Canadian National Exhibition promises to return with a splash next month — it’s touting a new fountain show billed as a “Vegas-style” spectacle.

OTTAWA — The Bank of Canada raised its key interest rate target by a quarter of a percentage point to five per cent Wednesday.

TORONTO — Fidelity Investments Canada ULC has signed a deal that will offer investors exposure to private real estate investments through Brookfield Asset Management.

WASHINGTON (AP) — After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — 3% in June compared with 12 months earlier — a sign that the Federal Reserve’s interest rate hikes have s

WINNIPEG — Boyd Group Services Inc. has named Jeff Murray as the company's chief financial officer.