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Economists expect Bank of Canada to hike key interest rate by 0.75% on Wednesday

Economists expect Bank of Canada to hike key interest rate by 0.75% on Wednesday

Economists are predicting the Bank of Canada will hike its key interest rate by three-quarters of a percentage point on Wednesday as inflation rages on globally
Canadian tech talent still in demand, despite layoffs and recession predictions

Canadian tech talent still in demand, despite layoffs and recession predictions

TORONTO — Thousands of tech workers started hunting for new jobs as layoffs rippled across the industry in recent weeks, but many say these workers won't be on the market long.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of Canada The Bank of Canada will make its interest rate announcement on Wednesday and release its monetary policy report, which will include its updated forec
Canada to release equipment for Russia-Germany gas pipeline

Canada to release equipment for Russia-Germany gas pipeline

The Canadian government says it will allow the delivery to Germany of equipment from a key Russia-Europe natural gas pipeline that has undergone maintenance — equipment the absence of which Russia's Gazprom cited last month as a reason for more than halving the flow of gas
Sri Lanka president, PM to resign after tumultuous protests

Sri Lanka president, PM to resign after tumultuous protests

COLOMBO, Sri Lanka (AP) — Sri Lanka’s president and prime minister agreed to resign Saturday after the country’s most chaotic day in months of political turmoil, with protesters storming both officials’ homes and setting fire to one of the buildings
Report: WWE boss McMahon's hush cash bill over $12 million

Report: WWE boss McMahon's hush cash bill over $12 million

NEW YORK (AP) — The longtime World Wrestling Entertainment impresario Vince McMahon agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity, the Wall Street Journal reports.
Interac services "fully available" again after Rogers outage

Interac services "fully available" again after Rogers outage

TORONTO — Interac says its services are fully available again after debit transactions were halted by a widespread Rogers network outage impacting mobile and network services across much of Canada.
Musk abandons deal to buy Twitter; company says it will sue

Musk abandons deal to buy Twitter; company says it will sue

Elon Musk announced Friday that he will abandon his tumultuous $44 billion offer to buy Twitter after the company failed to provide enough information about the number of fake accounts.
Far-reaching implications of Rogers outage shows need for competition: Expert

Far-reaching implications of Rogers outage shows need for competition: Expert

TORONTO — A widespread Rogers Communications Inc. outage that caused trouble for 911 services, retailers and transit operators Friday had many warning the incident is a sign that oligopolistic telecommunications companies need more competition.
Suncor Energy says president and CEO Mark Little has stepped down, resigns from board

Suncor Energy says president and CEO Mark Little has stepped down, resigns from board

CALGARY — Suncor Energy Inc.