National Business

OTTAWA — A senior Bank of Canada official says the unusual measures it took during the pandemic helped boost the economy, but the bar for using quantitative easing again will be very high.

HARRISBURG, Pa.

The number of Americans filing for jobless benefits jumped to the highest level in 10 months last week, a sign that the labor market is likely cooling under the weight of high interest rates.

Chynna Wilson had a simple vision for her wedding day — a good location, delicious food and an open bar, but on a small budget. The couple did not want a traditional wedding at a hotel or golf course, which can be pricey.

MONTREAL — AtkinsRéalis Group Inc. says it plans to sell its stake in the company that owns the Highway 407 ETR toll highway north of Toronto by the end of 2027.

WASHINGTON (AP) — Wholesale price increases fell in May, the latest sign that inflation pressures in the United States may be easing as the Federal Reserve considers a timetable for cutting interest rates.

OTTAWA — Statistics Canada says the amount Canadians owe relative to their income in the first quarter edged lower compared with the fourth quarter of 2023 as growth in household disposable income outpaced the growth in debt.

EDMONTON — Alberta Premier Danielle Smith says she's bringing the province's energy "war room" under the purview of her office because she needs to take on the fight with Ottawa on behalf of the energy industry.

CALGARY — Calgary's water use is creeping back up, despite conservation pleas from city officials as crews scramble to fix a massive water main break. "We — you and I — need to keep reducing our water usage," Mayor Jyoti Gondek said Wednesday.

TORONTO — Corus Entertainment Inc. says it has "made some changes" at Global News, citing the same headwinds that have led to massive cuts at other media outlets.