National Business

OTTAWA — The Bank Canada kept its key interest rate target on hold at 4.5 per cent on Wednesday. Here is the text of the central bank's statement announcing the decision: The Bank of Canada today held its target for the overnight rate at 4.

TORONTO — First Quantum Minerals Ltd. says it has reached an agreement to settle its dispute with the government of Panama over profit-sharing at the Canadian miner's Cobre Panama mine.

One month after a cyberattack hit Indigo Books & Music Inc., Canada's biggest bookstore chain is back online, although, still grappling with the fallout.

TORONTO — It's been one month since a ransomware attack hit Canada's biggest bookstore chain. The hack kicked Indigo Books & Music Inc.

Smaller financial institutions tend to be closer to gender parity in their executive ranks than the major Canadian banks, a new analysis by credit rating agency DBRS Morningstar has found.

TOKYO (AP) — Asian shares were mostly lower Wednesday as investors fretted that the Federal Reserve might raise interest rates faster if pressure stays high on inflation. Japan's benchmark Nikkei 225 edged up 0.2% in morning trading to 28,370.92.

OKLAHOMA CITY (AP) — Oklahoma voters on Tuesday rejected the legalization of recreational marijuana, following a late blitz of opposition from faith leaders, law enforcement and prosecutors.

VICTORIA — British Columbia auditor general Michael Pickup says the province's public institutions are susceptible to fraud, but he can't release specifics about the theft and corruption reported to his office in a survey conducted this year.

NEW YORK (AP) — Fox Corp.

TORONTO — Echelon Wealth Partners Inc. and PI Financial Corp. say they are merging to create an investment advisory, wealth management and capital markets firm with more than $12 billion in client assets.