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bank-of-canada-holds-interest-rates-steady-amid-global-uncertainty
CanadaApr 16, 2025

Bank of Canada Holds Interest Rates Steady Amid Global Uncertainty

Canadians will not see any further cuts in loan rates, as the Bank of Canada has decided to keep interest rates unchanged amid uncertainty stemming from U.S. President Donald Trump's ongoing tariff war. The central bank’s benchmark interest rate remains steady at 2.75 percent. Previously, the Bank of Canada had reduced rates seven consecutive times, with the most recent cut of 0.25 percentage points taking place on March 12. Following that reduction, major banks including the Royal Bank of Canada, Canadian Imperial Bank of Commerce, National Bank of Canada, and Toronto-Dominion Bank lowered
carney-poilievre-to-meet-face-to-face-as-party-leaders-square-off-in-first-debate
CanadaApr 16, 2025

Carney, Poilievre to meet face-to-face as party leaders square off in first debate

Liberal Leader Mark Carney's French language skills will be put to the test, and Conservative Leader Pierre Poilievre will seek to turn his numbers around, when the five main federal party leaders square off in Montreal tonight in the first of two debates ahead of election day on April 28. The two-hour French-language debate will be moderated by Radio-Canada's Patrice Roy and will focus on five themes: the cost of living, energy and climate, the trade war, identity and sovereignty, and immigration and foreign affairs. NDP Leader Jagmeet Singh and Bloc Québécois Leader Yves-François Blanche
edmonton-police-issue-warning-about-released-convicted-sex-offender
CanadaApr 16, 2025

Edmonton police issue warning about released Convicted sex offender

Police in Edmonton are issuing a warning to the public about a convicted sex offender. They say Robert Edward Ventress is set to be released from jail after serving his sentence, but officials believe he could commit another offence. The 55-year-old is subject to a court order with multiple conditions. Ventress is about 6 feet tall and weighs about 170 pounds. His eye color is green and hair is brown. Police say he has a history of sexual offences, child pornography and failure to comply with court conditions, so people are to call them with any concerns about him when he is released.
u-s-once-again-undermines-canadian-sovereignty-reaffirms-51st-state-remark
CanadaApr 15, 2025

U.S. Once Again Undermines Canadian Sovereignty, Reaffirms 51st State Remark

The United States has once again stirred controversy over Canadian sovereignty. During a press briefing today, White House Press Secretary Karoline Leavitt stated that President Trump's position on Canada has not changed. Leavitt reaffirmed that Trump continues to believe Canada would benefit from becoming the 51st state of the United States, a long-standing and provocative view that has drawn sharp criticism in Canada. The comment came in response to a journalist's question asking whether the President had stopped referring to Canada as the 51st state, particularly since the Canadian electio
honda-canada-denies-reports-of-shifting-production-to-the-u-s
CanadaApr 15, 2025

Honda Canada Denies Reports of Shifting Production to the U.S.

Honda Canada has firmly denied reports suggesting that it plans to move vehicle production from Canada to the United States. The company confirmed that its manufacturing facility in Alliston, Ontario, is operating at full capacity and that no production changes are currently being considered. The denial comes in response to a report by a Japanese newspaper, which claimed that Honda was considering shifting parts of its car production from Mexico and Canada to the U.S. to avoid tariffs linked to U.S. President Donald Trump’s trade policies. According to the report, the move was aimed at ensu
mark-carney-criticizes-trump-proposes-new-global-trade-leadership-for-canada
CanadaApr 15, 2025

Mark Carney Criticizes Trump, Proposes New Global Trade Leadership for Canada

During an election campaign event in Montreal today, Liberal Party Leader Mark Carney sharply criticized U.S. President Donald Trump, accusing him of destabilizing the global trading system and harming the global economy. Carney stated that the United States can no longer be relied upon as a stable economic leader. In response, he called on like-minded nations to join Canada in reshaping the international trade landscape, positioning Canada as a potential leader in this effort. In a related move, the Carney-led government has announced relief measures for Canadian businesses affected by ongoi
canadas-inflation-rate-eases-to-2-3-in-march-amid-falling-gasoline-and-travel-costs
CanadaApr 15, 2025

Canada's Inflation Rate Eases to 2.3% in March Amid Falling Gasoline and Travel Costs

Canada’s annual inflation rate slowed to 2.3% in March, down from 2.6% in February, according to Statistics Canada. The decline was largely driven by falling gasoline prices and lower travel costs, including a drop in airfares. The agency also noted a decline in cross-border travel, attributing it to Canadian concerns over tariff threats from U.S. President Donald Trump. This reduced travel demand has contributed to lower airfare costs. The latest inflation data comes just ahead of the Bank of Canada’s interest rate decision, scheduled for Wednesday. Financial markets are currently predic
federal-and-provincial-leaders-deny-honda-pullout-from-canada
CanadaApr 15, 2025

Federal and Provincial Leaders Deny Honda Pullout from Canada

Canada's Industry Minister Anita Anand and Ontario Premier Doug Ford have denied reports suggesting that Honda is planning to move its operations out of Canada. Minister Anand stated that she is in regular contact with Honda officials and confirmed that the company is not currently considering relocating any of its production from Canada to the United States. She also mentioned plans to meet with the CEO of Honda Canada later this evening to further discuss the matter. Meanwhile, NDP Leader Jagmeet Singh emphasized Canada's strong investment in the auto sector and related infrastructure. He h
alberta-reports-16-more-cases-of-measles-bringing-total-to-74
CanadaApr 15, 2025

Alberta reports 16 more cases of measles, bringing total to 74

Alberta is reporting 16 more cases of measles, bringing the provincial total to 74 since the beginning of March. The government says the new cases were reported in Alberta's central and southern zones. Nearly all cases are in school-aged children, with 18 cases being reported in children under the age of five. The province says 64 of the total cases have passed the point where the highly contagious disease could be transmitted to others. Alberta's chief medical officer of health, Dr. Mark Joffe, warns that measles is much more serious than common childhood diseases and encourages Albertans

Just In

prime-minister-mark-carney-confirms-two-canadians-injured-in-spain-train-crash
CanadaOct 28, 2026

Prime Minister Mark Carney Confirms Two Canadians Injured in Spain Train Crash

Prime Minister Mark Carney has confirmed that at least two Canadians were injured in a major train accident in Spain on Wednesday. Speaking to reporters in Ottawa, Carney expressed his condolences to the families who lost loved ones in the crash. He also said the Canadian government was ready to provide any assistance Spain might need during this difficult time. The accident occurred in Spain’s central Toledo province when a high-speed train struck another stationary train from behind. More than 60 people have reportedly died in the incident. Both trains were travelling in the same direction
AlbertaOct 28, 2026

Heavy Snowfall Warning for Edmonton, Up to 15 cm of Snow Expected

A special weather alert has been issued for Edmonton and surrounding communities in Central Alberta, with up to 15 centimetres of snow expected by Thursday morning. According to the warning, the first major snowfall of the season began Tuesday night and is expected to continue through Thursday morning. Snowfall overnight has already caused difficulties for commuters travelling to work early Wednesday. Drivers are being advised to allow extra time for their journeys and prepare for rapidly changing and deteriorating road conditions. Mainroad Alberta Contracting, which maintains approximately 4,
AlbertaOct 28, 2026

Jamie Dacosta Expected to Plead Guilty in Death Threat Case Against Mark Carney

Jamie Dacosta, who is accused of making death threats against Canadian Prime Minister Mark Carney, is expected to plead guilty. His defence lawyer has been instructed to arrange a sentencing date. A court appearance on Thursday is expected to set a date for the guilty plea and request a pre-sentence report. The 31-year-old faces several other charges, including extortion, criminal harassment, uttering death threats and property damage. Dacosta’s mother, Kathie Dacosta, says he has been struggling with serious mental and emotional health issues. He is currently being held at the Calgary Reman
lorne-doerkson-to-take-a-different-stance-from-poilievre-on-oil-tanker-ban
CanadaOct 28, 2026

Lorne Doerkson to Take a Different Stance from Poilievre on Oil Tanker Ban

B.C. premier-designate Lorne Doerkson has signalled that he may take a different approach from federal Conservative Leader Pierre Poilievre on the oil tanker ban along British Columbia’s northern coast. Poilievre recently called on the Carney government in the House of Commons to lift the ban. However, Doerkson has given a lukewarm response to the proposal, saying his main focus is the Pacific Link pipeline project, which has been declared a project of national interest by the federal government. The proposed pipeline would run from Alberta to Delta, B.C., and is expected to create significa
bank-of-canada-raises-interest-rate-to-2-50-for-first-time-since-july-2023
CanadaOct 28, 2026

Bank of Canada Raises Interest Rate to 2.50% for First Time Since July 2023

The Bank of Canada has raised its benchmark interest rate by 0.25 percentage points for the first time in three years, increasing it from 2.25% to 2.50%. Bank of Canada Governor Tiff Macklem said the decision was aimed at keeping inflation under control amid economic pressures caused by a sharp rise in crude oil prices. The central bank had held its policy rate at 2.25% for seven consecutive decisions. Following the latest increase, mortgages, car loans and other commercial borrowing are expected to become more expensive, putting additional financial pressure on Canadians. Citing elevated oil