The Canadian government has allocated nearly $30 billion in Budget 2026 to tackle homelessness across the country over the next 10 years. Under the plan, the government will invest $11.2 billion over the next four years, followed by another $17.8 billion over the subsequent six years, to help people overcome homelessness. Finance Minister François-Philippe Champagne described the initiative as one of the government's key policy priorities. Champagne said the funding aims to provide permanent housing for people experiencing homelessness, build community-based mental health and addiction treatm

B.C. Premier-designate Lorne Doerkson has voiced support for the federal budget presented by Prime Minister Mark Carney’s Liberal government, calling it encouraging for Canada’s economic future. The budget includes $6.5 billion in funding to support the forestry industry, which has been hit hard by U.S. tariffs. Doerkson expressed hope that British Columbia would receive a significant share of the funding, noting that the forestry sector is a major pillar of the province’s economy. Former B.C. Forests Minister Ravi Parmar also welcomed the funding, describing it as a good start. He said

Canada’s unemployment rate climbed to 6.7 per cent in October, reaching its highest level in six months, according to the latest data released by Statistics Canada on Friday. Economists had expected the economy to add 13,600 jobs overall. However, instead of gaining jobs, Canada recorded a net loss of 4,700 positions last month. The decline was primarily driven by the private sector, which shed 53,000 jobs, marking its first major drop since February. Meanwhile, public-sector employment increased by 50,000 positions, while the construction industry added 16,000 jobs, helping offset some of t

The federal government led by Prime Minister Mark Carney has announced an increase in the deposit insurance limit, raising the amount of money protected in Canadians’ bank accounts from $100,000 to $250,000. Under a new proposal introduced as part of Budget 2026, the Canada Deposit Insurance Corporation (CDIC) coverage limit will increase by $150,000. This marks the first increase in the deposit insurance limit in nearly 20 years. CDIC insurance guarantees that eligible deposits held at member financial institutions are protected up to a specified limit in the event of a bank failure. The co

Conservative Leader Pierre Poilievre has launched a sharp attack on Prime Minister Mark Carney over the federal government's new immigration plan, accusing the Liberals of manipulating figures to make it appear that immigration is under control. Poilievre alleged that the government is misleading Canadians, arguing that the new immigration targets remain among the highest in Canadian history. He said Carney is describing immigration levels as stable, but in reality, the government's mass immigration plan is protecting the profits of large corporations at the expense of Canadian families, inclu

The federal government, led by Prime Minister Mark Carney, has announced major changes to Canada's foreign homebuyer ban in Budget 2026. Under the new policy, foreign nationals will be allowed to purchase newly built homes, while the existing ban on buying previously constructed and resale residential properties will be extended until January 1, 2029. According to the government, the move aims to encourage foreign investment in new housing construction to increase Canada's housing supply, while protecting the existing housing market for local buyers. The Canadian Home Builders' Association has

Porter Airlines has announced the launch of new non-stop flights between Vancouver and London, Ontario, starting April 12, 2027. The airline will operate at least one daily flight between the two cities, with service potentially increasing to 11 flights per week during the peak travel season. Russell Atkinson, Director of Air Service Development at Vancouver International Airport, welcomed the announcement, saying the new route will strengthen connections between British Columbia and southwestern Ontario. It will provide greater convenience for business travellers, tourists and people visiting

Quebec Premier Paul St-Pierre Plamondon has announced plans to launch a diplomatic outreach campaign in the United States following the midterm elections, aiming to improve relations and ease trade tensions. Plamondon said the rejection of U.S. President Donald Trump's policies by voters presents an opportunity for Canada and Quebec to find new allies in the United States and strengthen cross-border cooperation. However, he clarified that Quebec has no immediate plans to launch direct trade negotiations with Washington. Instead, the province will focus on opening new channels of communication

Canada’s federal government is set to present its second budget under Prime Minister Mark Carney today in the House of Commons, as the country faces economic challenges amid the ongoing trade war with the United States. Finance Minister François-Philippe Champagne will table the budget, which is expected to outline the government’s economic priorities and measures to strengthen the country’s economy. The budget is expected to include measures to provide relief from rising living costs, new tax incentives for businesses and major investments in infrastructure projects. A new immigration