business

Unifor, which typically uses pattern bargaining for its auto sector negotiations, will go toe-to-toe with Ford first , just as it did three years ago. Talks with Stellantis and GM are expected to follow. Source link

The Federal Reserve held interest rates steady on Wednesday, but policymakers ‌expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above the U.S. central bank’s two per cent target. Source link

Canada’s population dipped by about 55,000 people in the first three months of this year, according to new numbers from Statistics Canada, which on Wednesday set the population at 41,417,056. Source link

Prominent tech businesses pushing to use AI intensively have been stung by sky high AI costs, especially for agentic chain-of-thought purposes. Now, they’re looking at getting beyond experimentation to tokenomics: really breaking down the return on investment for big AI spending. Source link

Despite year-over-year drop, activity was up 5.5 per cent on a seasonally adjusted basis compared with April this year. Prices have also begun to stabilize as buyers and sellers increasingly see eye to eye, according to CREA’s senior economist Source link

Bell and Telus are facing scrutiny from Canada’s telecom regulator for introducing wireless fees the regulator says appear to violate new federal regulations. Source link

Bell Canada’s parent company, BCE, has confirmed it is cutting another 690 jobs as part of a reorganization effort that began late last year. Source link

U.S. President Donald Trump says “let the oil flow.” But actually getting global oil markets back to anything close to normal will take time, money and pose an immense logistical challenge. Source link

The deal gives Fox access to more than 100 million households already using Roku, and will help the traditional TV giant push further into the world of streaming. Source link

Oil prices fell more than $4 US a barrel on news of a deal to end the fighting, as world markets responded positively to the developments. Wall Street futures also pointed up before the opening bell. Source link