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S&P/TSX composite posts triple-digit gain after Bank of sa¹ú¼Ê´«Ã½ lifts interest rates

S&P/TSX composite posts triple-digit gain after Bank of sa¹ú¼Ê´«Ã½ lifts interest rates

TORONTO — A broad rally led by the technology and commodity sectors pushed sa¹ú¼Ê´«Ã½'s main stock index higher midweek as the Bank of sa¹ú¼Ê´«Ã½ approved its largest interest rate increase in two decades. The S&P/TSX composite index closed up 122.
BMO leaders asked about Emergencies Act in annual shareholder meeting

BMO leaders asked about Emergencies Act in annual shareholder meeting

TORONTO — Bank of Montreal leaders were asked during the bank's annual shareholder meeting Wednesday if they would "consider a court challenge" after the federal government directed financial institutions in February to freeze accounts of individuals
France's Le Pen warns against sending weapons to Ukraine

France's Le Pen warns against sending weapons to Ukraine

PARIS (AP) — French far-right presidential candidate Marine Le Pen warned Wednesday against sending any more weapons to Ukraine, and called for a rapprochement between NATO and Russia once Moscow’s war in Ukraine winds down.
Shaw posts lower second-quarter profit and revenue, remains focused on Rogers deal

Shaw posts lower second-quarter profit and revenue, remains focused on Rogers deal

Shaw Communications Inc. recorded a smaller profit in its latest quarter as revenue also edged down ahead of its planned multibillion-dollar takeover by one of sa¹ú¼Ê´«Ã½'s largest telecoms.
Maple Leaf Sports & Entertainment chair Larry Tanenbaum joins Steve Pagliuca's bid to buy Chelsea

Maple Leaf Sports & Entertainment chair Larry Tanenbaum joins Steve Pagliuca's bid to buy Chelsea

The bid for Chelsea launched by Boston Celtics co-owner Steve Pagliuca has added Canadian sports tycoon Larry Tanenbaum ahead of Thursday's expected deadline for improved offers for the Premier League club.
LNG sa¹ú¼Ê´«Ã½ joint-venture names Jason Klein as new chief executive

LNG sa¹ú¼Ê´«Ã½ joint-venture names Jason Klein as new chief executive

VANCOUVER — The joint-venture building a major liquefied natural gas terminal at Kitimat, sa¹ú¼Ê´«Ã½ has named Jason Klein as its new chief executive officer.
AP source: CDC to extend travel mask requirement for 2 weeks

AP source: CDC to extend travel mask requirement for 2 weeks

WASHINGTON (AP) — The Biden administration will extend for two weeks the nationwide mask requirement for public transit as it monitors an uptick in COVID-19 cases, according to a person familiar with the matter.
Japanese battery company to build factory in Kentucky

Japanese battery company to build factory in Kentucky

FRANKFORT, Ky. (AP) — A Japanese electric vehicle battery technology company will build a $2 billion factory in Kentucky, creating 2,000 jobs that reinforces the state's leadership in battery production, Gov. Andy Beshear said Wednesday.
What to know about inflation, the labour market and Bank of sa¹ú¼Ê´«Ã½ rate hikes

What to know about inflation, the labour market and Bank of sa¹ú¼Ê´«Ã½ rate hikes

OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ is moving ahead with another hike to its key policy rate in the face of decades-high inflation rates and record-low unemployment rates.
Toronto Star names new president and CEO ahead of planned relocation

Toronto Star names new president and CEO ahead of planned relocation

TORONTO — The Toronto Star, one of sa¹ú¼Ê´«Ã½'s largest daily newspapers, says it has chosen a new president and CEO. The newspaper says Marina Glogovac will move into the top executive role on June 1.