National Business

OTTAWA — The Bank of Canada held its key policy rate steady at 2.75 per cent on Wednesday. Here is the text of the central bank's decision: ——— The Bank of Canada today maintained its target for the overnight rate at 2.

OTTAWA — Canada's competition regulator has opened a review of a deal involving retailer Mountain Equipment Co. Ltd. and TGI Holding Inc. It was not immediately clear who owns TGI Holding or what a deal would mean for MEC.

BANGKOK (AP) — China's economy expanded at a 5.4% annual pace in January-March, the government said Wednesday, supported by strong exports ahead of U.S. President Donald Trump’s rapid increases in tariffs on Chinese products.

TAIPEI, Taiwan (AP) — China appointed a new trade negotiator Wednesday in the midst of its tariff fight with the U.S.

TORONTO — Just days ahead of its debut in the Northern Super League, AFC Toronto has a new majority owner in Mark Mitchell.

TORONTO — Honda is not shifting any Canadian production to the United States, at least not for now, the company said Tuesday in response to a report that it was considering such a move.

TORONTO — Canada's main stock index rose more than 200 points Tuesday, led by gains in technology and financial stocks, while U.S. stocks moved lower to erase gains from earlier in the day. The S&P/TSX composite index closed up 201.

HALIFAX — Nova Scotia auditor general Kim Adair said Tuesday the provincial government has made substantial progress toward acting on recommendations she made from 2020 to 2022.

TORONTO — The economic uncertainty created by U.S. President Donald Trump's tariffs permeated Ontario's throne speech Tuesday, a ceremonial offering intended to set the new provincial government's agenda and tone. The speech, delivered by Lt.-Gov.

NEW YORK (AP) — U.S. stocks drifted to a mixed close in a rare quiet day for financial markets worldwide. The S&P 500 slipped 0.2% Tuesday. The Dow Jones Industrial Average fell 0.4%, and the Nasdaq composite slipped less than 0.1%.