Five things to watch for in the Canadian business world in the coming week: Bank of Canada, GDP figures, and results for Enbridge, Parkland, and Imperial Oil.
Already low on inventory, the used car market is facing an additional supply crunch as fewer off-lease vehicles return to dealership lots 鈥 and that's contributing to higher prices.
The Bank of Canada made a sizable cut to its key lending rate Wednesday from 4.25 per cent to 3.75 per cent as the global economy continues to expand. The half percentage point cut is the fourth rate cut in a row by the central bank as inflation dropped from 2.7 per cent in June to 1.6 per cent in September.
The federal government is expected to boost the minimum hourly wage that must be paid to temporary foreign workers in the high-wage stream as a way to encourage employers to hire more Canadian staff.
High living costs are having a ripple effect on families, with many grandparents financially supporting their children and grandchildren, according to a new study.
For the second straight month, grocery prices in Canada rose faster than the inflation rate, and beef in particular is significantly pricier than it was last year.
The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada's interest rate cuts haven't spurred the gradual improvement it previously anticipated.
The chances of a half-percentage point interest rate cut by the Bank of Canada became more likely Tuesday after Statistics Canada reported the annual inflation rate fell to 1.6 per cent in September.
FILE - This Sept. 11, 2018, file photo, shows a marijuana plant at in the coastal mountain range of San Luis Obispo, Calif. New York Gov. Andrew Cuomo signed a bill Monday, July 29, 2019 that softens penalties for possessing small amounts of marijuana and allows for the expungement of some past convictions. (AP Photo/Richard Vogel, File)
Suspended Ottawa lawyer James Bowie has been ordered to pay $235,000 in damages to a former client after he repeatedly suggested she pay for his legal services with oral sex and released personal details about her online after the allegations were reported by 愛污传媒 Ottawa.
A group of Cape Breton firefighters are apologizing after four people showed up at a Halloween dance dressed in what appeared to be Ku Klux Klan costumes.
Marred by several delays, the trial of alleged human traffickers Lauriston and Amber Maloney finally got underway on Monday in a Bradford courtroom, with a woman who worked and lived with the couple testifying.
The family and community of a woman who died in a Halifax Walmart is still waiting for answers.
A Federal Court hearing got underway Monday to determine whether a group of Black public servants can proceed with a class-action lawsuit alleging discrimination in the federal government.
Health Minister Mark Holland said the federal government will launch consultations this fall about expanding the medical assistance in dying regime to include advanced requests.
Incendiary devices were set off Monday at two ballot drop boxes 鈥 one in Portland and another in nearby Vancouver, Washington 鈥 destroying hundreds of ballots in what one official called a 鈥渄irect attack on democracy鈥 about a week before a heated Election Day.
Democrats stepped up their attacks on Donald Trump on Monday, a day after a comedian opening a rally for the former president called Puerto Rico a "floating island of garbage."
Israeli lawmakers passed two laws on Monday that could threaten the work of the main U.N. agency providing aid to people in Gaza by barring it from operating on Israeli soil, severing ties with it and labeling it a terror organization.
More than 200,000 people have cancelled subscriptions to The Washington Post since the newspaper announced its decision last week not to endorse a candidate for president, a published report said Monday.
Sean 鈥淒iddy鈥 Combs is accused in one of two lawsuits filed Monday of drugging and sexually assaulting a 10-year-old boy in a New York City hotel room in 2005.
Nikki Haley received more Republican primary votes than anyone who challenged Donald Trump for this year's presidential nomination. She has said she's voting for him, and she released her delegates so they could support him at the Republican National Convention
Adele and Celine Dion were each brought to tears after an emotional interaction during Adele's concert at The Colosseum at Caesars Palace in Las Vegas.
Transplant experts are seeing a spike in people revoking organ donor registrations, their confidence shaken by reports that organs were nearly retrieved from a Kentucky man mistakenly declared dead.
Ottawa said it will not challenge a Quebec law that allows people to request medical assistance in dying (MAID) in advance.
Conservative Leader Pierre Poilievre says if his party forms government, it will scrap the federal sales tax on new homes sold for less than $1 million and push provinces to do the same.
The Canadian Radio-television and Telecommunications Commission has granted Google a five-year exemption from the Online News Act, ordering it to pay $100 million to Canadian news outlets within 60 days.
An investigation by French newspaper Le Monde found that the highly confidential movements of U.S. President Joe Biden, presidential rivals Donald Trump and Kamala Harris, and other world leaders can be easily tracked online through a fitness app that their bodyguards use.
Renowned Canadian author Margaret Atwood, who is currently writing her memoir, said in an interview that she is too old to be worried about the rise of artificial intelligence and described herself as still having a 'good time' writing.