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bank-of-canada-holds-key-interest-rate-at-2-25-as-global-risks-weigh-on-outlook
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
federal-finance-minister-tables-2026-spring-mini-budget-with-focus-on-skilled-trades-training
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
eu-says-carney-to-attend-armenia-summit-as-canada-expands-role-in-european-security-talks
CanadaApr 28, 2026

EU says Carney to attend Armenia summit as Canada expands role in European security talks

European Union officials say Prime Minister Mark Carney is expected to attend a summit in Armenia this weekend focused on political, security and infrastructure co-operation across Europe. According to a social media post from European Council President Antonio Costa, Carney will participate in the European Political Community summit in Yerevan. Carney’s office has not publicly confirmed the visit. The European Political Community brings together EU member states and partner countries, including Iceland, Azerbaijan and Montenegro. The forum was launched in 2022 following Russia’s full-scal
finance-minister-to-table-economic-update-as-deficit-outlook-improves
CanadaApr 28, 2026

Finance minister to table economic update as deficit outlook improves

Canada’s Finance Minister François-Philippe Champagne is set to present a federal economic update today, outlining the government’s plan to strengthen the country’s position among G7 economies and signal potential new measures aimed at boosting investment and job creation. According to statements made ahead of the release, the update is expected to function as a mini-budget, with a focus on long-term economic stability and growth. The government has indicated it will provide details on its fiscal outlook alongside policy steps intended to support economic expansion. A key focus will be
ndp-leader-avi-lewis-will-not-run-in-quebec-byelection-after-boulerice-departure
CanadaApr 27, 2026

NDP leader Avi Lewis will not run in Quebec byelection after Boulerice departure

Newly elected federal NDP Leader Avi Lewis says he will not run in an upcoming Quebec byelection triggered by the departure of longtime MP Alexandre Boulerice. Boulerice announced he is leaving federal politics after 15 years to seek a provincial seat with Québec solidaire. He said in a statement that he believes his work in Ottawa is complete and described the move as a continuation of his political priorities at the provincial level. According to his announcement, Boulerice framed the decision as a transition rather than a strategic calculation, while confirming he will vacate his seat in t
three-liberal-mps-take-seats-in-house-after-byelections-boosting-government-majority
CanadaApr 27, 2026

Three Liberal MPs take seats in House after byelections, boosting government majority

Three newly elected Liberal members of Parliament formally took their seats in the House of Commons on Monday following recent byelections that strengthened the governing party’s position. Doly Begum, Danielle Martin and Tatiana Auguste were sworn in as MPs on Saturday, according to official parliamentary records. Their arrivals bring the Liberals to 174 seats in the House, reflecting gains from both the byelections and a series of defections over recent months. Begum and Martin won Toronto-area ridings previously held by former cabinet ministers Bill Blair and Chrystia Freeland. Auguste sec
carney-announces-25b-national-sovereign-wealth-fund-ahead-of-economic-update
CanadaApr 27, 2026

Carney announces $25B national sovereign wealth fund ahead of economic update

Prime Minister Mark Carney announced Monday that Canada will establish its first national sovereign wealth fund, starting with $25 billion in initial capital. Carney said the fund will invest in large-scale Canadian industrial projects, including energy, infrastructure, mining, agriculture and technology. According to the prime minister’s announcement, the federal government will co-invest alongside private-sector partners. The announcement was made at the Canada Science and Technology Museum, one day before the Liberal government is set to deliver its spring economic update. The timing sign
manitoba-premier-signals-plan-to-restrict-youth-access-to-social-media-ai-chatbots
CanadaApr 27, 2026

Manitoba premier signals plan to restrict youth access to social media, AI chatbots

Manitoba Premier Wab Kinew says his government intends to introduce a ban on children using social media platforms and artificial intelligence chatbots, but key details, including the age threshold, have not yet been specified. Kinew made the announcement at the Manitoba NDP’s annual spring fundraising dinner, where he said Manitoba would be the first province to pursue such a policy. It is not yet clear what legislative or regulatory mechanism the province would use, or when a bill could be introduced. According to remarks delivered at the event, the proposed restrictions would apply to bot
CanadaApr 27, 2026

Carney, Sheinbaum discuss CUSMA ahead of formal review talks

Prime Minister Mark Carney spoke with Mexican President Claudia Sheinbaum on Friday evening as Canada prepares for the upcoming formal review of the Canada–United States–Mexico Agreement. According to a statement from the Prime Minister’s Office, the two leaders discussed shared economic priorities and agreed to work together to address common challenges tied to the trilateral trade pact. The call comes as the United States and Mexico are expected to begin official discussions on the agreement by the end of next month. Canada, however, has not yet confirmed a timeline for similar talks w

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CanadaJun 23, 2026

Porter Airlines Cuts Fuel Surcharge on Reward Flights Amid Falling Oil Prices

Canadian carrier Porter Airlines has reduced the temporary fuel surcharge on bookings for its new VIPorter reward flights from $40 to $20, effective Tuesday, citing lower oil prices and improving market conditions. Although oil prices have remained volatile since the conflict involving Iran began in February and are still nearly 50 per cent higher than a year ago, the airline says it plans to eliminate the surcharge entirely once market conditions stabilize further. Porter's decision has raised expectations that other airlines may also reduce their fuel surcharges in the coming weeks. The surc
u-s-kayaker-dies-after-capsizing-on-b-c-s-okanagan-lake
BCJun 23, 2026

U.S. Kayaker Dies After Capsizing on B.C.'s Okanagan Lake

A tragic boating accident on British Columbia's Okanagan Lake has claimed the life of an American kayaker after strong winds caused two people to capsize. West Kelowna RCMP said the incident occurred Friday evening near the Westbank First Nation beach when two kayakers were caught in sudden and dangerous wind conditions on the lake. While attempting to swim back to shore, one of the kayakers disappeared underwater. People on nearby boats quickly responded and managed to rescue one of the kayakers, but the second person could not be located. The Central Okanagan Search and Rescue team later rec
house-destroyed-in-wildfire-near-b-c-s-lytton-village-ahead-of-2021-fire-anniversary
BCJun 23, 2026

House Destroyed in Wildfire Near B.C.'s Lytton Village Ahead of 2021 Fire Anniversary

A home has been completely destroyed by an out-of-control wildfire near the Village of Lytton, B.C. The incident comes just days before the fifth anniversary of the devastating 2021 wildfire that destroyed much of the community and claimed two lives. Officials say it remains unclear how many other structures may have been damaged by the current blaze, as emergency crews have not yet been able to fully assess the affected areas. According to the latest update from the B.C. Wildfire Service, the Saw Creek wildfire near Lytton has now burned approximately 704 hectares. However, the agency noted
carney-pays-tribute-to-air-india-flight-182-victims-vows-stronger-security-measures
CanadaJun 23, 2026

Carney Pays Tribute to Air India Flight 182 Victims, Vows Stronger Security Measures

Prime Minister Mark Carney has issued a statement marking the National Day of Remembrance for the victims of the Air India Flight 182 bombing, paying tribute to those who lost their lives in the tragedy 41 years ago. Carney said the attack claimed the lives of 329 innocent people, including 268 Canadians, making it the deadliest act of terrorism in Canadian history. Honouring the victims of Flight 182, the prime minister stressed the need for continued vigilance against violent extremism and highlighted the government's commitment to strengthening national security laws. He said new measures
AlbertaJun 23, 2026

Alberta Reverses Increase in Minimum Alcohol Prices

Alberta's liquor authority has cancelled a recent increase to the minimum price of alcohol sold in bars and restaurants. The decision comes after a weekend social media dispute between Premier Danielle Smith and Calgary Mayor Jeromy Farkas. Smith and senior members of her government criticized Calgary City Council over new noise and curfew rules introduced for the Calgary Stampede. In response, Mayor Farkas criticized the province's decision to raise minimum alcohol prices. Service Alberta Minister Dale Nally said Calgary's leadership should follow the province's example by repealing the contr