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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

police-cleared-in-fatal-2024-shooting-of-woman-in-surrey-b-c
BCSep 26, 2025

Police cleared in fatal 2024 shooting of woman in Surrey, B.C.

British Columbia's independent police watchdog says an officer was justified in using lethal force in the fatal shooting of a woman threatening her baby.The Independent Investigations Office says in a report released Friday that on Sept. 19, 2024, the Surrey, B.C., officer shot the woman who was holding scissors to her baby's neck.The report says the situation was made worse because the woman spoke little to no English, and there were no Spanish speaking services available other than the use of Google translate.Police had responded to a call after someone reported the woman breaking things and
vpd-investigates-pedestrian-fatality
BCSep 26, 2025

VPD investigates pedestrian fatality

Vancouver Police are investigating a pedestrian fatality that occurred last night, and are asking anyone with information to call police. The pedestrian, a 38-year-old man, was struck by a white Tesla at the intersection of Terminal Avenue and Western Street September 25 just before 8:30 p.m. Despite life-saving attempts from first responders, the pedestrian died at the scene. The driver of the Tesla remained at the scene. Speed and impairment are not considered factors in the collision. Anyone with information is asked to call VPD’s Collision Investigation Unit at 604-717-3012.
canada-not-part-of-mass-walkout-when-israel-pm-netanyahu-spoke-at-un-general-assembly
CanadaSep 26, 2025

Canada not part of mass walkout when Israel PM Netanyahu spoke at UN General Assembly

Canada was not part of a mass walkout this morning during Israeli Prime Minister Benjamin Netanyahu's address to the United Nations General Assembly. The office of Canadian Ambassador Bob Rae says he remained seated during Netanyahu's address as dozens of diplomats from other countries walked out of the chamber. The official presiding over the speeches had to call for order multiple times as delegations, including many from developing countries, rose to leave the room. In his speech, Netanyahu said the "disgraceful decision" by countries like Canada to recognize a Palestinian state will encour
talks-to-resume-between-b-c-government-and-its-public-service-union
BCSep 26, 2025

Talks to resume between B.C. government and its public service union

Talks are resuming between the union representing British Columbia's public service workers and the provincial government. Paul Finch, president of the BC General Employees' Union, says the government has reached out to the union saying it has a new offer and negotiations will start again on Monday. Finch says union pickets will remain up. The union has been conducting escalating strike action over the last four weeks, with up to 15,000 workers conducting job actions including picketing and overtime bans. Finch told a gathering in Victoria that there has been unprecedented level
WorldSep 26, 2025

Transportation Department tightens noncitizen truck driver rules after fatal crash in Florida

The Transportation Department will immediately tighten up the requirements for non-citizens to get commercial drivers licenses after three fatal crashes this year in Florida, Texas and Alabama that officials say were caused by immigrant truck drivers who never should have received licenses. The nationwide audit of these licenses began after a fatal U-turn crash in Florida that killed two people caused by a truck driver who officials said was in the country illegally. Transportation Secretary Sean Duffy said also threatened to revoke $160 million in federal funding for California because inve