CanadaApr 29, 2026
Bank of Canada holds key interest rate at 2.25% as global risks weigh on outlook
The Bank of Canada kept its benchmark interest rate unchanged at 2.25 per cent on Wednesday, marking the fourth consecutive decision to hold rates, according to its latest monetary policy report. The central bank also maintained its deposit rate at 2.20 per cent.
Governor Tiff Macklem said ongoing conflict in the Middle East and evolving U.S. trade policies are reshaping global trade patterns and adding uncertainty to the economic outlook. According to the bank’s report, the Iran-related tensions have reduced growth prospects in oil-importing countries while contributing to higher inflation
CanadaApr 29, 2026
Federal finance minister tables 2026 spring mini-budget with focus on skilled trades training
Canada’s Finance Minister François-Philippe Champagne tabled the federal government’s 2026 spring mini-budget in the House of Commons, outlining measures aimed at strengthening the national economy and addressing labour shortages in key sectors.
According to the government’s budget statement, a new initiative branded “Team Canada Strong” will focus on expanding the skilled trades workforce. The plan sets a target of training 100,000 new skilled trades workers by the 2030–31 fiscal year to help meet demand in housing construction, infrastructure projects and major resource developm
WorldApr 28, 2026
Israel orders evacuations in southern Lebanon villages amid ceasefire violations claims
The Israeli military has ordered residents in more than a dozen villages in southern Lebanon to evacuate immediately, citing safety concerns during an ongoing ceasefire between Israel and Lebanon.
According to a statement posted on the social media platform X by Israeli Defence Forces spokesperson Avichay Adraee, civilians in the affected areas were urged to leave without delay. The military said the warning was issued for public safety, alleging that Hezbollah had violated the terms of the ceasefire agreement.
The evacuation order comes despite the ceasefire remaining formally in effect. Isra
BCApr 28, 2026
B.C. attorney general urges Ottawa to include AI chatbots in youth social media rules
British Columbia Attorney General Niki Sharma says federal plans to set a minimum age for social media use should explicitly include artificial intelligence chatbots, arguing the rules would be ineffective if such platforms are excluded.
In a letter to the federal government, Sharma said tools such as ChatGPT should fall within any regulatory framework aimed at protecting children online. According to her office, the letter cites recent incidents, including a shooting in Tumbler Ridge, and references cases where AI tools were reportedly linked to harmful online behaviour.
Sharma said AI system
AlbertaApr 28, 2026
Evacuation alert issued for Draper, Alta., as ice jam raises river levels
An evacuation alert has been issued for the community of Draper in northern Alberta after rising river levels linked to a large ice jam raised concerns about possible flooding.
According to a notice from the Regional Municipality of Wood Buffalo, approximately 140 residents of the unincorporated community have been advised to prepare to leave on short notice. Draper is located along the southern bank of the Clearwater River, about 12 kilometres southeast of Fort McMurray.
Officials say a roughly 20-kilometre-long ice jam on the Athabasca River has contributed to a rapid increase in water level