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Fed governor Cook seeks court order blocking her firing by Trump

Fed governor Cook seeks court order blocking her firing by Trump

A lawyer for Lisa Cook on Friday urged a U.S. judge to let the Federal Reserve governor keep her job while she fights President Donald Trump's attempt to fire her in a stunning assault on the central bank's independence. The case in the U.S.
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Ontario's Grade 10 financial literacy requirement needs a rethink, critics say

Ontario's Grade 10 financial literacy requirement needs a rethink, critics say

TORONTO — Education experts and advocates are questioning Ontario's already delayed plan to introduce a financial literacy requirement for high school students as part of the Grade 10 math course, with some saying the approach may actually discourage
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Key US inflation gauge holds mostly steady though core inflation ticks higher

Key US inflation gauge holds mostly steady though core inflation ticks higher

WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs , but a measure of underlying inflation increased. Prices rose 2.
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Fed governor Cook to seek court order blocking her firing by Trump

Fed governor Cook to seek court order blocking her firing by Trump

A case that could provide the Trump administration with new and expansive power over the traditionally independent Federal Reserve will get its first court hearing Friday.
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Federal government posts $3.3 billion deficit from April to June

Federal government posts $3.3 billion deficit from April to June

OTTAWA — The federal government posted a $3.3 billion deficit in the first three months of its fiscal year. The result for the April-to-June period compared with a $2.9 billion deficit for the same stretch last year. Revenues increased $3.
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After Air Canada strike, Ottawa may need to change its intervention strategy: experts

After Air Canada strike, Ottawa may need to change its intervention strategy: experts

Flight attendants' defiance in the face of federal intervention meant to halt a recent strike at Air Canada could set a new precedent for work stoppages, some labour movement-watchers say.
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Laurentian Bank reports $37.5 million Q3 profit as revenue down from last year

Laurentian Bank reports $37.5 million Q3 profit as revenue down from last year

MONTREAL — Laurentian Bank of Canada says it had a net income of $37.5 million in the third quarter, up from a profit of $34.1 million in the same quarter last year.
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Strathcona to purchase five per cent of MEG Energy's shares after failed takeover bid

Strathcona to purchase five per cent of MEG Energy's shares after failed takeover bid

Strathcona Resources Ltd. says it plans to expand its minority stake in MEG Energy Corp. after its bid for a hostile takeover of the company was spurned in favour of a friendly cash-and-stock purchase offer from Cenovus Energy Inc.
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Lights, camera, brands: TIFF fans feel squeezed out as red carpets go corporate

Lights, camera, brands: TIFF fans feel squeezed out as red carpets go corporate

When Sandi Leung visited a Toronto International Film Festival red carpet for the first time in 2015, she realized she could walk up to almost any part of the red carpet and — if she spent a few hours waiting — finagle a selfie with the likes of Eddi
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Penticton, B.C., staff member receives violent threat after transportation discussion

Penticton, B.C., staff member receives violent threat after transportation discussion

Officials in Penticton, B.C., say police are investigating a recent "threat of violence" directed at a senior member of municipal staff in the Okanagan city.
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