Business

IMF raises its forecast for world growth this year but warns of risks from AI boom and debt

BANGKOK (AP) — The International Monetary Fund on Tuesday slightly upgraded its outlook for the world economy for this year, while warning of growing risks from rising debt, including the financial frenzy around artificial intelligence.

13h ago

Contagious case of measles reported at Montreal's airport

Montreal's public health authority has reported a new measles case.

October 12, 2026 1:35 pm PST PST

How to throw a holiday party on a budget when everything costs more

Throwing a party may seem simple: just send a Partiful invite to a bunch of people and hope they show up.

October 12, 2026 5:45 am PST PST

Domestic competition vital in attracting investments, says Competition Bureau's Pratt

Canada's competition watchdog says a healthy market at home is key to strengthening the economy as trade tensions with the United States worsen.

October 12, 2026 5:14 am PST PST

2 American economists win Nobel for overturning assumptions about how to deal with economic shocks

STOCKHOLM (AP) — American economists Robert E. Hall and Michael Woodford won the Nobel memorial prize in economics on Monday for their work on models that have helped governments and central banks manage economic shocks, such as energy crises and inflation.

October 12, 2026 4:46 am PST PST

Carney says U.S.-Russia diesel supply deal hurts Ukraine peace cause: PMO

Prime Minister Mark Carney spoke with Ukrainian President Volodymyr Zelenskyy today about U.S. President Donald Trump's new diesel fuel supply agreement with Russia.

October 11, 2026 11:59 am PST PST

Carney says U.S.-Russia diesel supply deal hurts Ukraine peace cause: PMO

OTTAWA — Prime Minister Mark Carney spoke with Ukrainian President Volodymyr Zelenskyy today about U.S. President Donald Trump's new diesel fuel supply agreement with Russia.

October 11, 2026 12:04 pm PST PST

Turkey gravy brand sold in Canada recalled due to undeclared mustard

A brand of turkey gravy sold in Canada has been recalled because it contains undeclared mustard.

October 11, 2026 11:35 am PST PST

Turkey gravy brand sold in Canada recalled due to undeclared mustard

A brand of turkey gravy sold in Canada has been recalled because it contains undeclared mustard.

October 11, 2026 11:47 am PST PST

Canada advises no travel to Riyadh airport after Houthi attacks, embassy remains open

OTTAWA — Canada's ambassador to Saudi Arabia says the embassy in Riyadh remains open for Canadians who are in need of consular assistance, following deadly Houthi strikes against the international airport in Riyadh.

October 11, 2026 9:33 am PST PST