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A timeline of events in the bread price-fixing scandal
Almost seven years since news broke of an alleged conspiracy to fix the price of packaged bread across Canada, the saga isn’t over: the Competition Bureau continues to investigate the companies that may have been involved, and two class-action lawsui
Sep 19, 2024 11:28 AM
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Maple Leaf refutes bread price-fixing claims ahead of attempt to add it to lawsuit
TORONTO — Maple Leaf Foods asserted its innocence in an alleged bread price-fixing scheme ahead of a hearing to determine whether it will be added to an ongoing class-action lawsuit.
Sep 19, 2024 11:06 AM
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Bank of Canada must be transparent to maintain trust, external deputy governor says
SHERBROOKE, Que. — A senior Bank of Canada official says the central bank must be rigorous and transparent in order to maintain the public's trust. In a speech in Sherbrooke, Que.
Sep 19, 2024 10:53 AM
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Stock market today: Wall Street leaps toward records as jubilation sweeps markets worldwide
NEW YORK (AP) — Wall Street is roaring toward records Thursday as a delayed jubilation sweeps markets worldwide following the Federal Reserve’s big cut to interest rates . The S&P 500 was 1.
Sep 19, 2024 10:22 AM
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US home sales fell in August despite easing mortgage rates, more homes on the market
LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in August to the slowest annual pace in nearly a year even as mortgage rates eased and the supply of properties on the market continued to rise. Existing home sales fell 2.
Sep 19, 2024 10:02 AM
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How to recoup costs when you travel to an event that gets cancelled
Ariella Kimmel and Mandi Johnson were grabbing a bite to eat in Vienna, when their August trip to the Austrian capital was upended.
Sep 19, 2024 10:00 AM
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Weekly applications for US jobless benefits fall to the lowest level in 4 months
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Jobless claims slid by 12,000, to 219,000, for the week of Sept. 14, the Labor Department reported Thursday.
Sep 19, 2024 9:58 AM
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TD CEO to retire next year, takes responsibility for money laundering failures
TORONTO — TD Bank Group, which is mired in a money laundering scandal in the U.S., says chief executive Bharat Masrani will retire next year.
Sep 19, 2024 9:56 AM
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Weekly applications for US jobless benefits fall to the lowest level in 4 months
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week. Jobless claims slid by 12,000, to 219,000, for the week of Sept. 14, the Labor Department reported Thursday.
Sep 19, 2024 8:42 AM
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Bank of England keeps its main interest rate on hold at 5% in wake of big US Fed rate cut
LONDON (AP) — The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve , its first since the onset of the coronavirus pandemic more than four years ago.
Sep 19, 2024 7:09 AM
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