National Business

TORONTO — Canada's main stock index posted anemic gains Wednesday as a rise in battery metals, industrials and health care balanced out weakness in technology stocks, while U.S. markets were mixed after another central bank rate hike.

NEW YORK (AP) — Wall Street held steady after the Federal Reserve followed through on expectations and raised its benchmark interest rate to its highest level in more than two decades.

TORONTO — Sun Life Financial Inc. has reached a deal to acquire virtual care provider Dialogue for about $277 million.

BRAMPTON, Ont. — Large global suppliers are driving costs higher for Loblaw Companies Ltd., the firm said as it released earnings for the second quarter that showed profits up despite lower gross margins.

OTTAWA — The Bank of Canada says it's trying to not raise interest rates more than it has to, as members of the governing council are mindful of the risks associated with raising rates too much.

CALGARY — Crescent Point Energy Corp. reported its second-quarter profit fell by 36 per cent year-over-year as global oil prices declined from 2022's dramatic peaks. The Calgary-based company said Wednesday it earned $212.

TORONTO — A new report from an advocacy group says that Canada's big banks show "no urgency" in ramping up action against climate change.

TORONTO — Rogers Communications Inc. says it found $48 million in cost savings in its most recent quarter after closing its deal to buy Shaw Communications Inc.

As Shopify President Harley Finkelstein works, he often keeps a ChatGPT window up on his computer.

REGINA — Federal government employees expressed relief that Prairies Economic Development Canada was not involved in a disastrous rebrand that saw Saskatchewan’s capital city criticized for sexualized slogans.