Canadians may see some relief on interest rates as the Bank of Canada is expected to cut rates on Wednesday. However, experts have warned that if the central bank makes a significant cut, as many in the market anticipate, the already weakening Canadian dollar could fall further. The Bank of Canada is widely expected to reduce its benchmark interest rate for the fifth consecutive time tomorrow. The current rate stands at 3.75 percent, and many economists are predicting a 50-basis-point (or half a percentage point) cut. This expectation of a substantial rate cut has grown following last month's

Canada's main opposition, the Conservatives, have failed in their third and latest attempt to topple Prime Minister Justin Trudeau's minority government. The NDP, which supports the Liberal minority government, blocked the Conservatives' no-confidence motion. NDP Leader Jagmeet Singh had previously made it clear that although the Conservatives' motion was based on his words, his party would not fall for their tactics and would vote against it. While Singh was not in the House during the vote due to a prior meeting, he participated in the online vote. Meanwhile, MPs also voted on an NDP motion

A group of farmers, led by Sarwan Singh Pandher from the Shambhu border of Punjab-Haryana, will march to Delhi again on December 14. The announcement was made by farmer leader Sarwan Singh Pandher during a press conference at the Shambhu border today. On this occasion, farmer leader Tejveer Singh stated that the movement will complete 10 months on December 13, and a large gathering will be held on that day. Meanwhile, farmer leader Jagjit Singh has been on a fast-unto-death at the Khanauri border for the past 15 days. Pandher mentioned that Ardas Diwas will be observed tomorrow to pray for the

British Columbia has given the green light to nine wind energy projects that will boost the province's hydro-electric grid by eight per cent a year, enough to power 500,000 homes. Premier David Eby says BC Hydro, a Crown utility, has selected the projects following a strong response to its call for new renewable power-generation operations. He says the development and construction will generate between $5 billion and $6 billion in private spending on the projects, four of which will be located in the B.C. Interior, four in the North and one on Vancouver Island. The power supply announcement co

Finance Minister Chrystia Freeland is not committing to meeting the $40.1-billion deficit target she set for the government last year. Freeland says she expects the fall economic statement, which she will present on Dec. 16, will show a declining debt-to-GDP ratio. When asked if she would also meet her deficit target, Freeland wouldn't answer, saying she chose her words "carefully." The finance minister announced a set of fiscal guardrails last fall in response to pressure from the Bank of Canada and economists to avoid fuelling inflation with too much spending. Freeland now appears to be ditc

With the Canada Post strike nearing four weeks, the postal service says it doesn't see an end in sight. On Monday, the Canadian Union of Postal Workers sent over its latest list of proposals, which include wage gains and job protections. But Canada Post said in a statement that the proposals don't bring the two sides any closer together in a dispute that's brought millions of deliveries to a halt. Despite calls for the government to intervene, Prime Minister Justin Trudeau said Monday that the government is putting pressure on the two sides to reach an agreement. One of the key issues in barga

L-G-B-T-Q advocate organizations say they're working as quickly as possible to ask a court to stop the government from bringing into force an Alberta law they say will cause immediate harm. The law will ban doctors from providing gender-affirming treatment such as puberty blockers and hormone therapy for those under 16. Bennett Jensen of Egale (EE'-gal) Canada, says along with Skipping Stone and five Alberta families, they will call for an injunction to protect young people's access to health care while the courts decide whether the law is constitutional. In documents filed with the Court of

The Alberta government has pulled the plug on a foreign worker recruitment mission in the United Arab Emirates scheduled for early next year. Documents show the mission was part of the province's Alberta Advantage Immigration Program, which works to fast-track the permanent residency process for workers in sought after sectors. An itinerary says government resources were to be used to facilitate interviews with workers and Alberta-based employers who signed up for the trip. Provincial Immigration Minister Muhammad Yaseen says he decided to cancel the trip after reviewing its purpos

The Shiromani Akali Dal (SAD) has begun preparations for the upcoming Municipal Corporation and Municipal Council elections in Punjab. The party plans to contest on its official election symbol. To oversee the election process, SAD has appointed six observers. Senior leaders Bikram Singh Majithia and N.K. Sharma have also been assigned key responsibilities. This was confirmed by senior leader Dr. Daljit Singh Cheema. In related news, veteran SAD leader Sukhdev Singh Dhindsa has announced his decision to retire from active politics. He stated that now his age is compelling him to step back.