Photo: The Canadian Press Governor of the Bank of Canada Tiff Macklem. The Bank of Canada hiked its key interest rate Wednesday by a quarter percentage point, bringing the rate to 4.75 per cent — the highest it’s been since April 2001. The hike was aimed at quelling…
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ELORA – Center Wellington council approved a long-awaited strategic plan on May 29 that will guide the budget, priorities of staff, and establish new advisory committees to help the council reach its goals before the next election in 2026. Its vision is “for the community to experience life…
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Many Canadian small businesses could soon save hundreds of dollars a year on costly credit card fees, thanks to a deal reached between Ottawa, Visa and Mastercard. The deal will see qualifying small businesses pay less on credit card transactions by lowering interchange fees paid to banks. Ottawa…
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MONTREAL – Dollarama Inc. enjoyed a 21 per cent year-over-year jump in sales in its latest quarter as the discount retailer scooped up consumers seeking cheaper products amid high inflation. In the quarter ended April 30, the company said strong demand was held up across the board, from…
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A man is seen with a laptop depicting the CNN logo with Donald Trump appearing in the background. Jaap Arriens / NurPhoto via Getty Images Hemorrhaging viewers post-Trump, CNN is trying to broaden its appeal. Can it get Republicans to tune in? Here’s everything you need to know:…
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HARTFORD, Conn. – Policymakers seeking to make the US electric grid less reliable on fossil fuels have long looked north to Canada and its abundant surplus of hydropower, advocating for new transmission lines to bring more of that cheap, clean electricity south. But with demand for green energy…
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RBC Small Business Talks uncovers the latest trends and insights to help owners navigate the issues & opportunities facing businesses today. Businesses always operate under a certain degree of uncertainty, and planning for the “what ifs” is critically important. Scenario planning, which involves making assumptions on what the…
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Irving Oil says it has launched a strategic review that will consider, among other things, “a full or partial sale” of the company, one of the largest in New Brunswick. “A strategic review of the company is underway, and a series of options are being evaluated related to…
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