The federal government is looking for feedback on changes to Canada's deposit insurance framework that could see the coverage limit raised to $150,000. Right now, the Canada Deposit Insurance Corp. will guarantee Canadians' deposits up to $100,000 in the event of a bank failure as long as they're held with a member institution. All large Canadian banks and many other financial institutions are a part of the CDIC framework, which covers most deposits and guaranteed investment certificates but not mutual funds, stocks, bonds or cryptocurrencies. Finance Canada is asking Canadians and other stake

Police say a 15-year-old boy was stabbed to death near Vancouver's Robson Square over the weekend and the killing is being investigated as a murder. No arrests have been made, and police say they are not releasing the name of the victim, who was from Surrey, B.C. Police are asking anyone with information about the stabbing that investigators believe happened around 11:40 p.m. Saturday to come forward. Officers believe there was a "violent altercation" near the Vancouver Law Courts at Smithe and Hornby Street. A passerby called police who found the injured boy on Hornby Street, but despite the

Conservative Leader Pierre Poilievre says the long list of names lining up to flood the ballot in his upcoming federal byelection amounts to a "blatant abuse" of democracy — and he wants the government to do something about it.More than 100 candidates sponsored by the Longest Ballot Committee are registered to run against Poilievre in a byelection in the Alberta riding of Battle River—Crowfoot set for Aug. 18.The advocacy group also targeted Poilievre's former riding of Carleton in the spring election.The Conservative leader, who is seeking a path back to the House of Commons, says in a le

The national statistics agency says the volume and severity of police-reported crime in Canada decreased four per cent last year, after three annual increases in a row. Statistics Canada says non-violent crime had a significant effect on the decline in the overall crime severity index in 2024. The non-violent crime severity index — including such crimes as property and drug offences — dropped six per cent last year, following a nine per cent increase from 2021 to 2023. The agency says the violent crime severity index decreased one per cent in 2024 and had a comparatively smaller effect on

Today marks one year since roughly 25,000 tourists and residents of Jasper, Alta., were forced to flee on a single highway, after several runaway fires were discovered in Jasper National Park. There's expected to be solemn reflection in the beloved mountain town, as events are held to remember the evacuation and the flames that incinerated neighbourhoods two days later. A third of the town's structures were destroyed despite firefighters' best efforts. It's estimated about 2,000 people were displaced by the fire. A ceremony is scheduled with Mayor Richard Ireland and federal Emergency Manageme

As provincial leaders prepare to meet with Prime Minister Mark Carney later this morning, the premiers of Ontario, Alberta and Saskatchewan have signed a memorandum of understanding calling for the construction of new pipelines using Ontario steel.The premiers are gathered in Ontario's cottage country to talk about eliminating internal trade barriers and U.S. President Donald Trump's threat to impose 35 per cent tariffs on a wide variety of Canadian goods on Aug. 1.Ontario Premier Doug Ford calls this morning's agreement a "game changer" that focuses on shipping western oil to refineries in so

Indian Prime Minister Narendra Modi will leave for a 2-day visit to Britain on Wednesday. This is Modi's fourth visit to Britain, which is being held at the invitation of British Prime Minister Keir Starmer. Prime Minister Modi will also meet British Emperor King Charles. According to the information received, Prime Minister Modi and Starmer will hold talks on issues like India-England Free Trade Agreement, defense, technology and climate. The two countries have been negotiating an open trade agreement for 3 years, which is now likely to be completed. Both countries want to double their trade

Kap’s Café, the Surrey business owned by comedian Kapil Sharma and his wife Ginni, has reopened after being closed for about 10 days following a shooting earlier this month. When Connect FM visited the café this afternoon, staff declined to comment on camera but confirmed operations had resumed. Around 10 customers were inside and the atmosphere appeared calm, though a Surrey Police Service vehicle remained parked outside as a precaution. Shots were fired at the café on July 10 at about 1:50 a.m., forcing the closure. The reopening has also prompted new operating hours – the café will

Two vehicles crashed in the area of 124th Street and 75th Avenue in Surrey at around 9 a.m. this morning. The crash involved a black Tesla SUV and a brown minivan. The crash was so severe that both vehicles were badly damaged and a tow truck had to be removed from the scene. The Connect FM team arrived at the scene at around 11am and by then the drivers had been evacuated, but the vehicles were still being removed and two Surrey Police vehicles and officers were on the scene. Anju, a resident of the house near which the two vehicles collided, said the vehicles came to a stop in her driveway an