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Bank of Canada warns on prolonged inflation, ends bond-buying program

Bank of Canada warns on prolonged inflation, ends bond-buying program

OTTAWA — The Bank of Canada is warning inflation will stay higher for longer than it previously forecast and signalled that an interest rate hike may be coming sooner than expected.
University of Toronto to fully divest $4 billion endowment from fossil fuels by 2030

University of Toronto to fully divest $4 billion endowment from fossil fuels by 2030

TORONTO — The University of Toronto says it will sell off all fossil fuel investments in its $4 billion endowment fund by the end of 2030 and target a net-zero portfolio by 2050 to help fight climate change.

H&R Real Estate Investment Trust to focus on residential and industrial sector

TORONTO — H&R Real Estate Investment Trust, one of Canada's largest landlords, announced a plan to spin off or sell its retail and office properties in a bid to focus on the residential and industrial sector.
Beef a bigger challenge than oil and gas when it comes to tackling methane emissions

Beef a bigger challenge than oil and gas when it comes to tackling methane emissions

CALGARY — As Canada doubles down on efforts to reduce harmful methane emissions, experts say one of the trickiest hurdles standing in the way is the burping cow.
Google launches program paying for news in Canada with 11 publishers

Google launches program paying for news in Canada with 11 publishers

TORONTO — Cash started flowing from Google to Canadian publishers Wednesday as the tech giant brought a program that pays media companies for news to the country.
Teck Resources Q3 profit up as commodity prices climb, beats expectations

Teck Resources Q3 profit up as commodity prices climb, beats expectations

VANCOUVER — Teck Resources Ltd. beat expectations as it reported a third-quarter profit of $816 million, up from $61 million in the same quarter last year, helped by strong commodity prices. The Vancouver-based miner says the profit amounted to $1.

Survey suggests staff worried about bias toward on-site workers if working remotely

As an executive with the city of Toronto, Lawrence Eta now makes a point of not coming into the office every day.
Iran's president says cyberattack meant to create 'disorder'

Iran's president says cyberattack meant to create 'disorder'

DUBAI, United Arab Emirates (AP) — Iran's president said Wednesday that a cyberattack which paralyzed every gas station in the Islamic Republic was designed to get “people angry by creating disorder and disruption,” as long lines still snaked around
Saskatchewan government to focus on crime, economy during fall legislative sitting

Saskatchewan government to focus on crime, economy during fall legislative sitting

REGINA — Saskatchewan Lt-Gov. Russ Mirasty will lay out the province's priorities in a throne speech this afternoon as the fall sitting of the legislature begins.
Edward Rogers files B.C. court petition to have newly formed board declared valid

Edward Rogers files B.C. court petition to have newly formed board declared valid

TORONTO — The boardroom drama engulfing Rogers Communications Inc. intensified Tuesday after Edward Rogers filed a petition to have his newly constituted board declared legitimate, and said his mother and sisters had previously supported his moves.