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OTTAWA — Bank of Canada governor Tiff Macklem says the federal government is working on legislative changes that will allow the central bank to temporarily retain profits to cover losses related to policy decisions made to boost the economy during th

TORONTO — Canadians who watched the cost of taking out a mortgage steadily increase over the last year were dealt another blow when the Bank of Canada upped its interest rate to 4.5 per cent Wednesday.

TORONTO — Canada's main stock index was down more than 100 points in late-morning trading led lower by losses in the energy and industrial sectors, while U.S. stock markets also fell. The S&P/TSX composite index was down 114.31 points at 20,515.

A new report card from West Coast LEAF says the provincial government is failing to meet urgent needs of marginalized people in B.C.

OTTAWA — The Bank of Canada is raising its key interest rate by a quarter of a percentage point, bringing it to 4.5 per cent.

OTTAWA — The Bank of Canada is expected to hike its key interest rate by another quarter-percentage point on Wednesday, bringing it to 4.

OTTAWA — The federal government declared victory over a massive backlog of passport applications Tuesday as the social development minister announced that 98 per cent of the delayed applications have now been processed.

The B.C. premier technically went unchallenged last fall following the disqualification of leadership hopeful Anjali Appadurai.