The Bank of Canada cut its key policy interest rate by 50 basis points on Wednesday to bring it to 3.75 per cent. Here's what people are saying about the decision: "High inflation and interest rates have been a heavy burden for Canadians. With inflation now back to target and interest rates continuing to come down, families, businesses and communities should feel some relief." Tiff Macklem, Bank of Canada governor. "Activity in Canada’s housing market has been sluggish in many regions due to higher borrowing costs, but today’s more aggressive cut to lending rates could cause the tide to tu

Montreal Mayor Valérie Plante says she won't run for a third term in next year's municipal elections. Plante's office confirmed the news, which the mayor will make official at an 11:30 a.m. news conference at city hall.

Prime Minister Justin Trudeau says his leadership of the Liberal party is not in danger, even as members of his caucus prepare to confront him Wednesday in the hopes of convincing him to step down. He brushed off those concerns as he headed into his regular Tuesday meeting with cabinet ministers. While members of the cabinet have defended Trudeau staying on as leader, a number of Liberal MPs have signed onto a letter that aims to convince him to step aside before the next election. It's not clear how many members of Trudeau's team of MPs plan to confront him, or exactly what their message will

Two men charged in the killing of former Air India bombing suspect Ripudaman Singh Malik have pleaded guilty to second-degree murder in a British Columbia court. The courthouse in New Westminster, B.C., confirmed the pleas from Tanner Fox and Jose Lopez in the 2022 shooting of Malik, who was acquitted in 2005 over the 1985 bombings that killed 331 people. Fox and Lopez, who were originally charged with first-degree murder, will next appear in court on Oct. 31.

A man has been arrested after a stabbing at a Calgary light-rail station that police say injured a transit peace officer. The Calgary Police Service says it's believed two peace officers approached an unknown man who was seen drinking alcohol in a bus shelter near the Chinook CTrain Station on Friday night. Police allege the man became combative and produced a knife, and after a brief struggle, one of the peace officers was stabbed in the arm. The suspect fled, police say, but was taken into custody by the peace officers a short distance away. The 42-year-old from Calgary has be

The federal government is expected to boost the minimum hourly wage that must be paid to temporary foreign workers in the high-wage stream as a way to encourage employers to hire more Canadian staff. Under the current program’s high-wage labour market impact assessment (LMIA) stream, an employer must pay at least the median income in their province to qualify for a permit. A government official, who The Canadian Press is not naming because they are not authorized to speak publicly about the change, said Employment Minister Randy Boissonnault will announce Tuesday that the threshold will incr

Deputy Prime Minister Chrystia Freeland says she remains “absolutely confident” that most Liberal MPs continue to support Prime Minister Justin Trudeau, despite mounting internal pressure from some caucus members urging him to step down. Her comments come ahead of a tense Liberal caucus meeting scheduled for next week in Ottawa, where several MPs are reportedly planning to confront Trudeau about the party’s direction and leadership amid declining public support. According to multiple media reports, a group of Liberal MPs has been holding private discussions to persuade the prime minister

Defence Minister Bill Blair announced that Canada will send $64.8 million in additional military assistance to Ukraine, reaffirming the country’s continued commitment to supporting Kyiv in its defence against Russia’s invasion. Speaking at a NATO defence ministers’ meeting in Brussels, Blair said Ukraine’s ongoing war with Russia remains one of the alliance’s top priorities. The new package will provide more than $50 million in weapons, ammunition, and military drones, along with uniforms and protective gear for Ukrainian soldiers. The remaining funds will support training programs f

The federal and Manitoba governments have signed a new agreement to expand access to school food programs, part of a national effort to improve child nutrition and food security in classrooms. Under the deal, Manitoba will receive $17.2 million over the next three years to support meal and snack programs in schools, especially those serving low-income and high-needs communities. The funding comes from the $1-billion federal commitment announced in Prime Minister Justin Trudeau’s 2024 budget, following sustained advocacy by the federal New Democrats to establish a Canada-wide school food prog