Business

Business

7 months ago

Bank of Canada reduces its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75%

Global economic growth is showing signs of slowing. In the United States, business investment has been strong but consumers are cautious and employment gains have slowed. US inflation has picked up in recent months as businesses appear to be passing on some tariff costs to consumer prices. Growth in the euro area has moderated as […]

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7 months ago

Historic Cormack farm embraces robotic technology

A farm that was established back in the Second World War has transformed over the years, moving from traditional practices to robotic operations. NTV’s Becky Daley tells us more.

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7 months ago

Calls for more hydro benefits for Grand Falls-Windsor

A prominent voice from the former mill in Grand Falls-Windsor says he believes the town isn’t getting its fair share of benefits from hydroelectric generation. NTV’s Colleen Lewis reports.

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7 months ago

Bank of Canada lowers policy rate

On Wednesday, the Bank of Canada reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. Global uncertainty in the wake of higher U.S. tariffs is slowing. In the second quarter, Canada’s GDP declined by about 1½%. Employment has also […]

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