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'Significant overreach': Cities slam Ontario on bike lanes as Ford vows to go further

'Significant overreach': Cities slam Ontario on bike lanes as Ford vows to go further

TORONTO — Upcoming legislation that would require cities to get provincial approval for some bike lanes is a "significant overreach" of power, Ontario municipalities say, while Premier Doug Ford vowed Thursday to go even further and remove existing l
Hot Docs announces gradual return of programming, next year's film festival dates

Hot Docs announces gradual return of programming, next year's film festival dates

TORONTO — Hot Docs says it will gradually resume programming in early December and host another edition of Canada’s largest documentary film festival next spring, after months of restructuring and cost-cutting.
New Brunswick election: Greens and Liberals make pledges about housing affordability

New Brunswick election: Greens and Liberals make pledges about housing affordability

FREDERICTON — The high cost of housing was at the centre of the New Brunswick election campaign on Thursday. Both the Liberals and the Greens announced plans to make housing more affordable if they are elected to govern on Monday.
European Central Bank, seeing no signs of recession, cuts interest rates again

European Central Bank, seeing no signs of recession, cuts interest rates again

LONDON (AP) — The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, does not expect the bloc to slide into recession as it cut borrowing costs once again Thursday in the wake of recent data showing infl
Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight weeks. The rate rose to 6.44% from 6.32% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.
Ontario to speed up environmental assessments, property acquisitions for Highway 413

Ontario to speed up environmental assessments, property acquisitions for Highway 413

Ontario plans to speed up the building of highways by facilitating construction 24 hours a day, accelerating property acquisitions, and creating a faster environmental assessment process.
Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

Average rate on a 30-year mortgage in the US rises to the highest level in 8 weeks

The average rate on a 30-year mortgage in the U.S. rose for the third week in a row, reaching its highest level in eight weeks. The rate rose to 6.44% from 6.32% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.
BRP looks to sell marine businesses, ‘double down’ on powersports: CEO

BRP looks to sell marine businesses, ‘double down’ on powersports: CEO

MONTREAL — BRP Inc. has put its marine businesses up for sale as it looks to focus on powersports products and cut the cable to its money-losing boat brands. The Valcourt, Que.
US shoppers spent more at retailers last month in latest sign consumers are driving growth

US shoppers spent more at retailers last month in latest sign consumers are driving growth

WASHINGTON (AP) — Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain their willingness to spend despite higher prices. Retail sales rose 0.
Mid-sized banks see higher customer satisfaction than Big Five: J.D. Power survey

Mid-sized banks see higher customer satisfaction than Big Five: J.D. Power survey

TORONTO — A survey from J.D. Power shows customer satisfaction is higher at mid-sized banks than the Big Five as Canadians are focused especially on fees.
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