National Business

OTTAWA — The Bank of Canada cut its key policy rate by 50 basis points on Wednesday to take it to 3.25 per cent. Here is the text of the central bank's decision:

TORONTO — Roots Corp.'s chief financial officer says holiday shopping is in full swing but it's too early to tell whether the company's busiest sales period will be impacted by the shorter span between Black Friday and Christmas Eve.

Albertsons is giving up on its merger with Kroger a day after it was rejected in two courts and it is suing the grocery chain, saying it didn't do enough to secure regulatory approval for the $24.6 billion agreement.

A federal judge in Texas rejected the auction sale of Alex Jones’ Infowars to The Onion satirical news outlet , criticizing the bidding for the conspiracy theory platform as flawed as well as how much money families of the 2012 Sandy Hook Elementary

A federal judge on Tuesday night rejected the auction sale of Alex Jones’ Infowars to The Onion satirical news outlet , criticizing the bidding process as flawed and the amount of money that families of the 2012 Sandy Hook Elementary shooting stood t

TORONTO — When Geoffrey Hinton strode across the Stockholm Concert Hall stage Tuesday to receive his Nobel Prize for physics from King Carl XVI Gustaf of Sweden, he was beaming.

TikTok is challenging the federal government’s order to shut down its operations in Canada, claiming it will eliminate hundreds of jobs and potentially terminate a quarter of a million contracts that it has with Canadian advertising clients.

VANCOUVER — The union representing British Columbia port supervisors in a dispute with their employers has applied for a judicial review of federal Labour Minister Steven MacKinnon's decision last month to order them back to work.

A wildfire that left a third of the popular Rocky Mountain tourist town of Jasper, Alta., in ashes and forced tens of thousands to flee is Environment and Climate Change Canada’s most impactful weather story of 2024.

Doug Watt won't forget the sound of a tailings pond collapsing at the Mount Polley Mine more than 10 years ago, sending millions of cubic metres of waste into waterways in the British Columbia Interior.