The Bank of Canada lowered its key interest rate by 25 basis points to 2.5 per cent on Wednesday, marking its first cut since March.

The Bank of Canada lowered its key interest rate by 25 basis points to 2.5 per cent on Wednesday, marking its first cut since March.
Ione Christensen, the former Yukon commissioner, senator, first female mayor of Whitehorse, and celebrated keeper of a century-old sourdough starter, has died. She was 91.
In his first committee appearance, interim Parliamentary Budget Officer Jason Jacques told MPs his office has been consulted ahead of the fall budget but described the process as being in “early days.”
After being on the market for more than a year, the former residence of Canada’s consul general in New York has still not sold and is now listed with nearly $3 million taken off the asking price.
The Liberal government will table the federal budget — the first under Prime Minister Mark Carney — in early November.
Radio-Canada is apologizing after one of its reporters used antisemitic language during a television broadcast on Monday.
The deal is subject to review under the Investment Canada Act, which can be used to block deals deemed against the national interest, including Canada’s economic security.
Prime Minister Mark Carney is set to meet with Saskatchewan Premier Scott Moe and canola industry leaders in Ottawa on Tuesday afternoon.
Canada’s annual inflation rate rose to 1.9% in August, Statistics Canada said on Tuesday.
Diana Calderón, who moved to Canada from Peru in 2022, was shocked last month to discover Immigration, Refugees and Citizenship Canada had rejected her work permit, forcing her out of a job and preventing her daughter from returning to school.