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canada-to-allow-30-year-amortization-for-first-time-buyers-mortgages-on-new-homes
CanadaApr 11, 2024

Canada to allow 30-year amortization for first-time buyers' mortgages on new homes

The Canadian government will allow 30-year amortization periods on insured mortgages for first-time homebuyers purchasing newly built homes. Finance Minister Chrystia Freeland made the announcement in Toronto today, saying it would take effect Aug. 1. The Canadian Home Builders' Association has advocated for longer amortization periods, saying five more years would help with affordability and spur more construction. Freeland also said the government will nearly double to $60,000 the amount first-time homebuyers can withdraw from RRSPs to buy a home. That's up from $35,000, to take effect April
prime-minister-justin-trudeau-to-testify-at-foreign-interference-inquiry
CanadaApr 10, 2024

Prime Minister Justin Trudeau to testify at foreign interference inquiry

Prime Minister Justin Trudeau is expected to testify today at an inquiry into foreign meddling in Canada's last two elections. The inquiry has already heard that China and other state actors attempted to interfere, but there has been little evidence so far to indicate whether they were successful. Trudeau has maintained over the last year that foreign interference had no meaningful impact on Canada's free and fair elections, which echoes what senior government officials have told Parliament. Several members of Trudeau's cabinet are also slated to testify, including government House leader Kari
central-bank-to-hold-interest-rate-steady-pm-testifies-at-inquiry
CanadaApr 10, 2024

Central bank to hold interest rate steady? PM testifies at inquiry

Here is a roundup of stories from The Canadian Press designed to bring you up to speed on what you need to know today...BoC expected to hold policy rate at 5% today The Bank of Canada is set to announce its interest rate decision this morning. It's widely expected to maintain its key interest rate at five per cent, but economists will be watching for any hints about the timing of upcoming rate cuts. Forecasters expect the central bank to begin lowering its key rate in June as the economy continues to slow and inflation trends lower. High interest rates have slowed demand in the economy as co
conservative-motion-calls-for-pm-premiers-to-have-emergency-carbon-price-meeting
CanadaApr 09, 2024

Conservative motion calls for PM, premiers to have 'emergency' carbon price meeting

Conservative Leader Pierre Poilievre is challenging Prime Minister Justin Trudeau to defend his carbon pricing policy in a televised "emergency meeting" with the country's premiers. The Conservatives tabled a motion this morning which demands that Trudeau sit down with provincial and territorial leaders within five weeks. MPs are expected to vote on the motion tomorrow. Poilievre says he believes Trudeau is "too scared" to hold the televised meeting because he knows the Liberal government is losing the carbon pricing debate. The Conservatives insist the carbon price is making life less afforda
liberal-government-to-launch-500m-fund-for-youth-mental-health
CanadaApr 09, 2024

Liberal government to launch $500M fund for youth mental health

Ottawa is setting up a $500-million fund to help community health organizations provide more mental health care to young people. Finance Minister Chrystia Freeland is making the announcement in Ottawa alongside other cabinet ministers. During the 2021 election campaign, the Liberals promised a similar fund for post-secondary institutions to help with the mental health of students. The fund marks the latest in a string of campaign-style, pre-budget announcements from the Liberal government. Prime Minister Justin Trudeau says the budget will be focused on young people particularly on helping the
trump-declines-to-endorse-a-national-abortion-ban-and-says-it-should-be-left-to-the-states
CanadaApr 08, 2024

Trump declines to endorse a national abortion ban and says it should be left to the states

Former President Donald Trumpsaid he believesabortionshould be left to the states in a video released Monday morning outlining his position after months of mixed messages and speculation. “Many people have asked me what my position is on abortion and abortion rights," Trump said in the video posted on his Truth Social site. “My view is now that we have abortion where everybody wanted it from a legal standpoint, the states will determine by vote or legislation or perhaps both. And whatever they decide must be the law of the land in this case, the law of the state." Trump, in the video, did
total-solar-eclipse-set-to-fall-over-canada
CanadaApr 08, 2024

Total solar eclipse set to fall over Canada

A total solar eclipse is set to fall over parts of eastern and central Canada today, prompting massive crowds to gather in its path for a chance to catch a glimpse of the rare celestial event.The path of totality, where the sun goes directly behind the moon, will first cross through southwestern Ontario around 3:15 p.m. and move east through Quebec and Atlantic Canada before exiting Newfoundland around 3:45 p.m. eastern time.Cities and towns along the path have braced for their populations to swell with eclipse chasers, with Ontario's Niagara region declaring a preemptive state of emergency.Bu
trudeau-announces-600-million-in-loans-funding-to-jump-start-homebuilding-rentals
CanadaApr 05, 2024

Trudeau announces $600 million in loans, funding to jump-start homebuilding, rentals

The federal Liberal government plans a $600-million package of loans and funding to help make it easier and cheaper to build homes for owners and renters. Prime Minister Justin Trudeau is making the announcement in Calgary, just the latest in a string of pre-budget announcements aimed at winning over younger voters. Trudeau says $50 million will go toward a homebuilding technology and innovation fund, with another $50 million to modernize and expedite construction. An additional $500 million worth of low-cost loans will foster projects with "innovative" construction techniques from prefabricat
td-and-cricket-canada-come-together-for-the-love-of-the-game
CanadaApr 05, 2024

TD and Cricket Canada come together for the love of the game

Cricket Canada and TD Bank Group (TD) announced a new sponsorship marking a significant milestone in Canadian cricket history as TD moves to support the growth and development of cricket locally. This brings together two well-known organizations that are committed to the future growth of Cricket, as well as supporting new community engagement initiatives. Through the sponsorship, TD will be the official bank of Cricket Canada’s National Teams and help build Canada's vibrant cricket-loving community. The sponsorship will help Cricket Canada enhance grassroots development programs and improv

Just In

poilievre-unveils-action-plan-to-combat-extortion-during-surrey-visit
BCAug 20, 2025

Poilievre unveils action plan to combat extortion during Surrey visit

Conservative Party Leader Pierre Poilievre unveiled a three-point action plan to combat extortion-related crime during a press conference held today at the Royal King Banquet Hall in Surrey -the same location where a shooting incident took place on July 21, 2025. Flanked by Abbotsford–South Langley MP Sukhman Gill, and candidates Sukh Pandher and Jassie Sahota (a police officer), Poilievre said extortion-related crimes have surged by 330% under Liberal rule. He attributed this rise to the repeal of mandatory jail terms for gun-related extortion under Bills C-5 and C-75. “Extortion-related
police-say-man-charged-after-alberta-youth-launch-catch-a-predator-scheme
AlbertaAug 20, 2025

Police say man charged after Alberta youth launch 'catch a predator' scheme

Alberta RCMP say they have arrested and charged a Calgary man who, it was later determined, had been the focus of a ``catch a predator'' sting operation hatched by a group of youngsters. Mounties say the situation came to light in Airdrie on Monday night when a 12-year-old boy was abducted in a car only to escape at a stoplight and call police. The suspect, a 37-year-old, refused to stop for police and was later arrested at a Calgary residence. Subsequently, police said they learned the suspect had been targeted by at least seven youths in a ``catch a predator'' scheme. The you
some-evacuation-orders-alerts-linked-to-vancouver-island-wildfire-lifted
BCAug 20, 2025

Some evacuation orders, alerts linked to Vancouver Island wildfire lifted

Some of the evacuation orders and alerts linked to the Mount Underwood wildfire on Vancouver Island have been lifted or downgraded, as firefighters report "minimal" behaviour from the blaze. The Alberni-Clayoquot Regional District, the City of Port Alberni and the Tseshaht First Nation jointly issued an update at 8 a.m. saying evacuation orders are lifted for the China Creek Campground and Headquarters Bay, which remain on evacuation alert. The update also says that the City of Port Alberni and the Tseshaht First Nation's reserves are no longer under alert. The Cowichan Valley Regional Distric
police-watchdog-investigates-after-vancouver-officer-shoots-man-dead
BCAug 20, 2025

Police watchdog investigates after Vancouver officer shoots man dead

British Columbia's police watchdog is investigating after a man was shot dead in an alleged confrontation with officers in Vancouver. The Independent Investigations Office says the shooting took place Tuesday afternoon in an East Vancouver neighbourhood. It says there was a dispute between two people, and one man had a weapon when police arrived. The man was shot by police and died at the scene despite life-saving efforts by emergency responders. Vancouver police say the two people involved were neighbours involved in an argument. Police say no officers or other people were injured, and no fur
AlbertaAug 20, 2025

Costs of Manitoba’s extreme wildfire season start to take shape, evacuations ongoing

The Manitoba government has signed a 30-million-dollar contract with the Canadian Red Cross for evacuee support and other services related to this year's wildfires. The recently disclosed contract is the first glimpse into the cost of this year's wildfire season, which provincial officials say is the most severe in at least 30 years. Finance Minister Adrien Sala (SAH'-lah) says it's still too early to estimate a final cost, and the government is committed to supporting people who need help. The Red Cross contract alone is worth more than half of the 50-million dollars the N-D-P gover