The Bank of Canada has warned that interest rates are unlikely to return to the low levels seen over the past 15 years.Central Bank Senior Deputy Governor Carolyn Rogers told a news conference in Vancouver that the era of very low interest rates is over and Canadians will have to adapt to a higher interest rate environment.She said that people across the world are facing high interest rates.The Senior Deputy Governor said that geopolitical risks such as the Ukraine war and the Israel-Gaza war affect energy prices and supply chains in a way that could lead to higher inflation and further intere

The U.S. secretary of state is once again urging India to help Canada advance its investigation into the killing of Hardeep Singh Nijjar.Antony Blinken says it's very important for India to co-operate so that the investigation can continue to move forward.Blinken made the comments today after meetings with Prime Minister Narendra Modi and other senior Indian officials in New Delhi.He says India and Canada are two close friends and partners of the U.S. and wants to see the dispute resolved as soon as possible.Nijjar, a Canadian Sikh activist long denounced by India as an extremist, was shot and

Canada's transport minister and the RCMP say an investigation is underway into what they call "threats" against Air India, after an online video warned people not to fly on the airline on Nov. 19.Pablo Rodriguez says in a social media post that the government takes any threat to aviation "extremely seriously."He says Canada and its security partners are investigating the "recent threats circulating online," and his press secretary confirms Rodriguez was referring to comments about Air India.RCMP spokeswoman Kristine Kelly says police are collaborating with domestic and international partners a

Some 266 Canadian citizens, permanent residents and their family members had their names added to the list of foreign passport holders allowed to exit the Gaza Strip today.Officials at the Rafah border crossing into Egypt were expected to start processing the latest batch of people looking to flee the latest Israel-Hamas conflict around 7 a.m. local time.Another 32 people connected to Canada were able to leave the Gaza Strip on Thursday, after an initial 75 citizens, permanent residents and family members made the trip on Tuesday.No Canadians were able to cross via official means on Wednesday

It was a well-worn Canadian punchline during the Trump years: someone should build a wall along the Canada-U.S. border.One of the former president's would-be successors says he wants to do exactly that.During Wednesday's Republican primary debate, a straight-faced Vivek Ramaswamy called it an example of skating to where the puck is going.It also reflects a popular talking point among some Capitol Hill Republicans who say they fear an increase in migrants entering the U.S. illegally from Canada.Ramaswamy's campaign strategy has been to embrace and amplify Trump's shock-and-awe tactics, which fa

Another group of Canadians left Gaza through the Rafah border crossing on Thursday.This information was given by Canada's ambassador in Egypt.This brings the total number of Canadians leaving Gaza to 106.The first group of 75 Canadians crossed the Rafah border crossing last Tuesday.The main crossing between the Gaza Strip and Egypt was closed for most of the hour today.The White House says Israel has agreed to a four-hour daily humanitarian pause to allow civilians trapped in northern Gaza to leave.Canadian Ambassador Louis Dumas said that there were 40 Canadians on the list, of which 32 have

The president of Concordia University in Montreal is condemning the recent violence on campus linked to the Israel-Hamas war.Graham Carr says in a message to members of the university community that three separate acts of violence or intimidation occurred at the university Wednesday.Carr says two security guards and a student were injured in an altercation, swastikas were found on a university building, and a social media post from a student group could reasonably be interpreted as inciting violence.He says he is saddened and disgusted by these acts and that the university will work to identif

The Government of Canada will issue an update on the country's financial status in the last week of this month.Finance Minister Chrystia Freeland will deliver the Fall Economic Statement in the House of Commons on November 21.Meanwhile, she will also give information about housing and capacity.On October 24, she had said in a press conference that the government would try to take steps for housing and affordability while staying within a fiscally responsible framework.It is worth noting that the Liberals are trying to deal with the housing crisis at a time when many recent polls show them lagg

Montreal police say shots have been fired at two Jewish schools in the city.According to the police, the first incident was reported at 8:20 this morning.There was one bullet hole in the school door.This school has an elementary and a high school.The second incident took place about half an hour later at another Jewish school.This school also has one day care.No one was reported to be injured in either incident.No one has been arrested so far.Investigation of the matter is ongoing.It is worth mentioning that due to the ongoing war between Hamas and Israel, violent clashes are taking place betw