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Economists say BoC could cut interest rates again in July if inflation keeps cooling

Economists say BoC could cut interest rates again in July if inflation keeps cooling

OTTAWA — Economists are forecasting inflation slowed further in May, which would be welcome progress for the Bank of Canada after it cut its key lending rate for the first time in four years.
Wildfire near Churchill Falls in Labrador stable, but weather not co-operating

Wildfire near Churchill Falls in Labrador stable, but weather not co-operating

CHURCHILL FALLS, N.L. — Officials in central Labrador say the wildfire threatening the evacuated town of Churchill Falls remained stable Saturday, but there was no sign of significant rainfall in the forecast until Tuesday night.
Oil and gas industry making risky play in response to greenwashing law: experts

Oil and gas industry making risky play in response to greenwashing law: experts

The oil and gas industry is taking a risk in its response to new greenwashing rules, communications experts say, but they add the opinions of Canadians are already so divided that the actions may have little effect.
US will gradually resume avocado inspections in conflictive Mexican state, ambassador says

US will gradually resume avocado inspections in conflictive Mexican state, ambassador says

MEXICO CITY (AP) — U.S. government inspections of avocados and mangoes in the Mexican state of Michoacan will gradually resume, U.S. Ambassador Ken Salazar announced Friday, a week after they were suspended over an assault on inspectors. The U.S.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,554.86, down 26.49 points): Cenovus Energy Inc. (TSX:CVE). Energy. Down 17 cents, or 0.7 per cent, to $25.58 on 46.8 million shares.
Calgary mayor wants wide survey of water lines after catastrophic break

Calgary mayor wants wide survey of water lines after catastrophic break

CALGARY — Calgary Mayor Jyoti Gondek has promised a wide-ranging examination of the city's underground infrastructure as it enters its third week of water use restrictions after a catastrophic pipeline break.
S&P/TSX composite index closes down, U.S. markets mixed

S&P/TSX composite index closes down, U.S. markets mixed

TORONTO — Canada's main stock index closed lower Friday, weighed down by losses in base metal stocks, while U.S. stock markets were mixed.
Ontario Science Centre abruptly closing due to structural issues

Ontario Science Centre abruptly closing due to structural issues

TORONTO — The Ontario Science Centre was abruptly and permanently closed in its current east Toronto location on Friday, after government officials announced that engineers had found structural issues with the roof of the 55-year-old facility.
Stock market today: Wall Street drifts as Nvidia loses some more momentum

Stock market today: Wall Street drifts as Nvidia loses some more momentum

NEW YORK (AP) — U.S. stocks drifted to a quiet close of the week, as Nvidia’s stock continued to cool from its startling, supernova run. The S&P 500 slipped 0.2% Friday, though it’s still near the all-time high it set on Tuesday.
Car dealerships are being disrupted by a multi-day outage after cyberattacks on software supplier

Car dealerships are being disrupted by a multi-day outage after cyberattacks on software supplier

NEW YORK (AP) — Car dealerships across North America have faced major disruptions this week. CDK Global, a company that provides software for thousands of auto dealers in the U.S. and Canada, was hit by back-to-back cyberattacks on Wednesday.