Alberta is now forecasting a $6.4-billion deficit for the current fiscal year as softer oil prices and ongoing trade uncertainty continue to weigh on the province’s finances. The updated number represents only a modest improvement from the $6.5-billion shortfall estimated in the summer fiscal outlook. The new projection marks a significant reversal from last year’s $8.3-billion surplus, underscoring how quickly Alberta’s resource-driven revenues can shift. According to the province, non-renewable resource income has fallen by roughly 30 per cent compared with last year, a decline driven

Canada's economy regained momentum over the summer months, with new federal data showing a 2.6 per cent annualized increase in real gross domestic product during the third quarter. Statistics Canada’s latest release indicates the rebound was considerably stronger than forecasts from the Bank of Canada and private sector economists, many of whom expected only modest growth. The agency reports that a sharp drop in imports combined with slightly higher exports helped strengthen the country’s trade position. Federal capital spending – including major procurement of new military equipment –

Russian President Vladimir Putin is expected to travel to New Delhi on December 4 and 5 for a two-day state visit, marking his first trip to India since the outbreak of the Russia–Ukraine conflict in 2022. The visit will take place at the invitation of Prime Minister Narendra Modi and will coincide with the 23rd India–Russia annual summit. Indian officials say the leaders are preparing to review defence and energy cooperation, areas that have remained active despite Western pressure on countries to reduce ties with Moscow. India has continued purchasing discounted Russian crude and is movi

A deadly fire in a dense Hong Kong housing complex has claimed at least 128 lives, after emergency crews located additional victims while searching the upper floors of seven interconnected residential towers. Local officials say dozens of people are still unaccounted for as firefighters work through badly damaged units. Authorities in Hong Kong have now arrested eight more individuals linked to renovation activity in the buildings, including scaffolding subcontractors and project managers. Investigators are examining whether construction materials – including bamboo scaffolding and foam insu

RCMP on Vancouver Island say no one survived an early morning plane crash discovered in a rural area southwest of Nanaimo. Officers were called around 3 a.m. to a site near Twilight Way, a forested neighbourhood on the edge of the city, after receiving reports of an aircraft down. Mounties say the wreckage was found scattered across a large debris field, indicating a significant impact. Police have not released information about the type of aircraft involved or how many people were on board. Specialized units remain at the scene to secure the area and begin documenting evidence. Investigators

Surrey Police Service and the Surrey RCMP’s Provincial Operations Support Unit say they are reviewing evidence after shots were fired at a home in the Fraser Heights area early Thursday morning. Officers were called around 3:05 am to a residence near 112 Street and 153A Street, where they confirmed the house had been struck by gunfire. Police say no one was hurt. The General Investigation Unit with the RCMP support unit has taken over the file and is gathering surveillance footage and witness statements. Investigators are also checking whether the incident may connect to other recent police

Richmond RCMP is urging residents to be cautious after a recent rise in reports of so-called grandparent scams, a type of fraud that often targets seniors but can impact anyone who receives an unexpected call claiming a loved one is in trouble. Investigators say the scams share a common pattern in which suspects create panic and pressure victims into paying large sums of money. Police say one of the latest cases involved a caller pretending to be an official with a foreign embassy. The scammer told the victim that their grandson had been detained and that urgent bail money was required. The vi

Mission RCMP says investigators are searching for two outstanding suspects after a violent home invasion earlier this month that left several residents injured and resulted in the theft of multiple long guns. Police were called to a home around 1:30 a.m. on November 13, where intruders allegedly forced their way inside, used pepper spray on the occupants, and struck one person with a crowbar. Officers say one suspect was injured during the altercation with the homeowner before fleeing. About half an hour later, staff at a local hospital reported that a man with suspicious injuries had been dro

The federal government and Alberta have signed a new memorandum of understanding that lays out a framework for advancing an oil pipeline to Canada’s West Coast, while also opening the door to potential changes to British Columbia’s tanker restrictions. Prime Minister Mark Carney and Alberta Premier Danielle Smith formalized the agreement at a ceremony in Calgary on Thursday, describing it as a step toward defining the project as one of national interest under the Building Canada Act. Under the terms released by officials, Ottawa says it would be prepared to adjust the West Coast tanker ban