National Business

The federal government has been under pressure from business groups to intervene in the strike, as it has done in recent high-profile labour disputes.

HALIFAX — A veteran federal fisheries officer has been suspended for 10 days without pay for his role in arresting two Mi'kmaq elver fishers late at night and releasing them in only their stocking feet.

TORONTO — Canada's main stock index gained more than 150 points Wednesday after the Bank of Canada cut interest rates, while U.S. stock markets were mixed, led by a 1.8 per cent gain on the Nasdaq after the latest inflation report.

TORONTO — Canadian financial institutions are lowering their prime lending rates to match the half percentage point decrease announced today by the Bank of Canada.

NEW YORK (AP) — Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 gained 0.

WINNIPEG — Winnipeg is eyeing the largest property tax increase in decades and considering a cut to snow plowing in an attempt to address a fiscal squeeze. The city's preliminary budget for next year proposes a 5.

OTTAWA — The Bank of Canada delivered another hefty interest rate cut as it acknowledged the economy has been weaker than it anticipated, but governor Tiff Macklem said Canadians should expect a slower pace of cuts moving forward.

ST. JOHN'S, N.L. — Quebec Premier François Legault and Newfoundland and Labrador Premier Andrew Furey are scheduled to announce an energy agreement Thursday that could end decades of friction between the two provinces.

ALTOONA, Pa. (AP) — The gun found on the suspect in the killing of United Healthcare’s CEO matched shell casings found at the site of the shooting, New York City’s police commissioner said Wednesday.

MadeGood is warning customers to check their cupboards for granola bars that may contain a piece of metal.