National Business

OTTAWA — The Bank of Canada delivered a supersized interest rate cut Wednesday in response to the recent decline in inflation, bringing its key policy rate down by half a percentage point.

NEW YORK (AP) — Stocks are opening lower as more momentum comes out of Wall Street’s record-breaking rally. The S&P 500 was 0.3% lower early Wednesday. It’s coming off two small losses since setting an all-time high on Friday.

MONTREAL — Air Canada and airBaltic say they have signed a codeshare agreement that will help make it easier to fly between Canada and the Baltic states.

TORONTO — A new report shows the patchwork of progress at Canada's big life insurers in their efforts to address climate change, and reduce their more than $90 billion in fossil fuel investments.

An oil salvage operation is underway on the fragile wreckage of a U.S.

CALGARY — Investments in oil and gas production are important and must continue in tandem with increased investment in renewable and clean technologies, the deputy head of the International Energy Agency said Tuesday.

E. coli food poisoning linked to McDonald’s Quarter Pounder hamburgers has sickened at least 49 people in 10 states, including one person who died and 10 who were hospitalized, federal health officials said Tuesday.

MONTREAL — Canadian National Railway Co. felt the heat of wildfires and labour disputes last quarter, as the company looks to rebound from the resulting cargo backlogs and lost business.

WINNIPEG — The Manitoba government is extending, by more than a year, a temporary moratorium on some new cannabis outlets.

WINDSOR, Ont. — NextStar Energy says it has begun production on battery modules at a southwestern Ontario plant.