National Business

Real estate experts say the Bank of Canada's third consecutive interest rate cut will be cheered by those with variable-rate mortgages, but it could still be a while yet before lower borrowing costs translate into a meaningful boost to sales activity

WASHINGTON (AP) — America's employers posted fewer job openings in July than they had the previous month, a sign that hiring could further cool in the coming months. The Labor Department reported Wednesday that there were 7.

OTTAWA — The Bank of Canada cut its key interest rate target by 25 basis points to 4.25 per cent on Wednesday. Here is the text of the central bank's decision: The Bank of Canada today reduced its target for the overnight rate to 4.

WASHINGTON (AP) — America's employers posted fewer job openings in July than they had the previous month, a sign that hiring could cool in the coming months. The Labor Department reported Wednesday that there were 7.

TORONTO — The Canada Pension Plan Investment Board has signed an agreement to acquire a stake in Asia Pacific data centre company AirTrunk.

DILI, East Timor (AP) — The president of East Timor sees Pope Francis' upcoming visit as a prime opportunity to promote Asia's youngest country on the world stage, not a time to confront the legacy of abuse by influential members of the clergy in the

DILI, East Timor (AP) — The president of East Timor sees Pope Francis' upcoming visit as a prime opportunity to promote Asia's youngest country on the world stage, not a time to confront the legacy of abuse by influential members of the clergy in the

PEACE RIVER, Alta. — The Transportation Safety Board of Canada will deploy a team to probe an aircraft accident that happened Tuesday afternoon at an airport in northern Alberta.

EDMONTON — Canadian Western Bank says shareholders have overwhelmingly voted in favour of a sale of the company to National Bank of Canada. Edmonton-based CWB says the vote at the special meeting Tuesday was 99.

CALGARY — City officials say they have found a way to ease some of the strain on Calgary's water system while a major pipe is again shut down for repairs.