National Business

Montreal tourism operators have begun to feel the impact of the suspension of the only daily train between their city and New York City. "Summer is the busiest tourist season in Montreal.

OTTAWA — The Bank of Canada hiked its key interest rate on Wednesday, by 0.25 of a percentage point to five per cent.

TORONTO — When the warm weather hits, Arthur Parks usually sees up to 10 referrals from Toronto real estate agents with clients feeling the allure of lakeside living as the summer heats up.

TORONTO — The Canadian National Exhibition promises to return with a splash next month — it’s touting a new fountain show billed as a “Vegas-style” spectacle.

OTTAWA — The Bank of Canada raised its key interest rate target by a quarter of a percentage point to five per cent Wednesday.

TORONTO — Fidelity Investments Canada ULC has signed a deal that will offer investors exposure to private real estate investments through Brookfield Asset Management.

WASHINGTON (AP) — After two years of painfully high prices, inflation in the United States has reached its lowest point in more than two years — 3% in June compared with 12 months earlier — a sign that the Federal Reserve’s interest rate hikes have s

WINNIPEG — Boyd Group Services Inc. has named Jeff Murray as the company's chief financial officer.

BRUSSELS (AP) — The European Union's parliament on Wednesday backed a major plan to protect nature and fight climate change in a cliffhanger vote that had the 27-nation bloc's global green credentials at stake.

BRUSSELS (AP) — The European Union on Wednesday slapped a $475 million fine on U.S. biotech giant Illumina for buying out cancer-screening company Grail without the approval of the 27-nation bloc's antitrust watchdog, the latest setback for the deal.