Ontario News

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.

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

OTTAWA — Statistics Canada says the country posted a merchandise trade surplus of $684 million in July. The result compared with a revised deficit of $179 million in June. The initial reading for June had shown a surplus of $638 million.

TORONTO (AP) — Kyle Schwarber’s third homer of the game was a go-ahead, three-run drive in the ninth inning, and the Philadelphia Phillies rallied past the Toronto Blue Jays 10-9 on Tuesday night after allowing six runs in the first.

TORONTO — Kyle Schwarber and the Blue Jays' bullpen combined to squander Toronto's early five-run lead.

OTTAWA — China has announced an anti-dumping investigation into Canadian canola imports in response to Canada planning to impose tariffs on Chinese-made electric vehicles, steel and aluminum.

TORONTO — All-star shortstop Bo Bichette is progressing in his recovery from a strained calf. Bichette took batting practice and fielded groundballs with his Toronto Blue Jays teammates on Tuesday, a day after running the basepaths at Rogers Centre.

TORONTO — Canadian and U.S. markets started September under pressure as signs of weakening economic activity pushed commodities and stocks lower. A report on U.S.

OTTAWA — Budget and staff challenges have left overworked employees exhausted and sapped morale at the federal nerve centre for managing forest fires and other national emergencies, an internal memo reveals.

TORONTO — When the Toronto International Film Festival rolls out the red carpet to welcome Hollywood's top stars this week, it will do so with dozens of new brand supporters that organizers hope will put to rest any notions the event has lost some of