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Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

WASHINGTON (AP) — The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher unemployment and higher inflation have risen, an unus
B.C. premier says softwood lumber accord could build "momentum" for U.S. trade deals

B.C. premier says softwood lumber accord could build "momentum" for U.S. trade deals

VICTORIA — Resolving the softwood lumber dispute could create "momentum" for a larger trade agreement between Canada and the United States, British Columbia Premier David Eby says.
Carney, Canada's premiers to meet in Saskatchewan next month

Carney, Canada's premiers to meet in Saskatchewan next month

OTTAWA — Canada's premiers and Prime Minister Mark Carney will meet in Saskatoon on June 2 to discuss ways to work together to make the country stronger.
S&P/TSX composite closes up along with U.S. markets

S&P/TSX composite closes up along with U.S. markets

TORONTO — Canada's main stock index closed up along with U.S. markets on a choppy day that showed hints of cooling trade tensions while the head of the U.S. Federal Reserve warned of rising risks. The S&P/TSX composite index closed up 186.
New rules on tipping, price labelling take effect across Quebec

New rules on tipping, price labelling take effect across Quebec

MONTREAL — New rules on tipping and on price displays at grocery retailers took effect Wednesday across Quebec, in a move the government describes as an effort to make things easier for consumers.
Parkland agrees to be bought by U.S. heavyweight Sunoco in US$9.1B deal

Parkland agrees to be bought by U.S. heavyweight Sunoco in US$9.1B deal

CALGARY — A judge has declined to hear a challenge to Parkland Corp.'s last-minute decision to delay its shareholder meeting by more than a month so investors can vote on a US$9.
Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady

Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady

NEW YORK (AP) — U.S. stocks ended a choppy day higher after the Federal Reserve left its main interest rate alone, as was widely expected, but also warned about rising risks for the U.S. economy. The S&P 500 rose 0.4% Wednesday.
Baby eel fisher calls for enforcement against illegal harvesting on N.S. river

Baby eel fisher calls for enforcement against illegal harvesting on N.S. river

HALIFAX — A licensed baby eel fisher says he's been sending evidence to the federal Fisheries Department of illegal fishing on a Nova Scotia river, but he says Ottawa is not acting.
CEOs call on Carney to 'take action' to support domestic energy sector

CEOs call on Carney to 'take action' to support domestic energy sector

OTTAWA — Canada's energy CEOs are calling on Prime Minister Mark Carney to scrap the emissions cap on oil and gas producers and repeal industrial carbon pricing to help bolster the industry.
Power utility TransAlta expects Alberta data centre deal this year

Power utility TransAlta expects Alberta data centre deal this year

CALGARY — Power producer TransAlta Corp. is hoping to sign agreements this year with prospective Alberta data centre partners that would draw on natural gas-fired electricity it generates in the province.
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