Statistics Canada says the annual inflation rate was unchanged in November, holding steady at 3.1 per cent. The consumer price index report today shows progress on easing inflation stalled as higher prices for recreation and clothing put upward pressure on headline inflation. Meanwhile, the pace of grocery price increases continued to slow for a fifth consecutive month. Grocery prices were up 4.7 per cent from a year ago, marking a slowdown from 5.4 per cent in October. Prices for services were unchanged last month, rising 4.6 per cent year-over-year, as higher prices for travel tours were

Canada's Deputy PM and Finance Minister Chrystia Freeland has announced that she will contest the next federal election once again. When asked if he would like to take over the reins of the Liberal Party if given the opportunity, he avoided the question.Freeland said that Trudeau is leading the team very well and that he supports him. The deputy PM meanwhile also reacted to recent polls that show a large margin of seats for the Conservatives and Liberals. will overcome with I hope Trudeau is doing a great job and that the Liberals will return to power under his leadership," Freeland said. Free

The holiday season is about to begin in Canada during which many Canadians are able to travel but in the meantime it is important to keep in mind the travel advisory issued by the government. At present, the Canadian government has advised not to travel to 21 places. These include Russia, Ukraine, Yemen, Sudan, Iraq, Syria and Venezuela. In addition, there are regional advisories for some locations that mean there may be a risk for travelers in a particular location in the country concerned. Canadians have also been advised to avoid non-essential travel to nine countries, including Israel, Ni

A large number of Canadians are unhappy with Prime Minister Justin Trudeau. A majority of Canadians said again in December that Justin Trudeau should resign as prime minister and leader of the Liberal Party. However, many also believe that Trudeau will not step down from these two positions. According to the survey, more than half of Canadians believe that elections can be held next year. According to an Ipsos poll, 69 percent of Canadians say Trudeau should now step down as Liberal leader and prime minister. Earlier, 72 percent of the respondents expressed the same desire in the survey of N

The U.N. migration agency says a boat carrying dozens of migrants trying to reach Europe capsized off the coast of Libya, leaving more than 60 people dead, including women and children. The shipwreck was the latest tragedy in this part of the Mediterranean Sea, a key route for migrants seeking a better life in Europe. The agency said the boat was carrying 86 migrants when strong waves swamped it off the town of Zuwara on Libya's western coast and that 61 migrants drowned, according to survivors. Libya has in recent years emerged as the dominant transit point for migrants fleeing war and po

Every new car sold in Canada from 2035 will be electric or zero emission. The federal government is going to announce new rules in this regard. According to sources, the new regulation, known as the Electric Vehicle Availability Standard, could be announced this week. The waiting time for buyers is also being reduced under these rules. A zero-emission vehicle is bound to boost sales of battery-powered electric cars, plug-in cars and hydrogen models. According to sources, the government intends to increase the share of zero-emission vehicles to 20 per cent in total car sales from 2026 and take

One man is dead after a police-involved shooting in Abbotsford, British Columbia, on Sunday night. Police say the shooting happened in the 1700 block of Riverside Road, and the section between Marshall and King roads has been closed due to the ongoing investigation. Abbotsford Police say in a statement that one man died in the incident, although his name and other details surrounding the shooting have not been released. No police officers were injured in the incident. Police say they have notified B.C's Independent Investigations Office, and the watchdog agency is leading the investigation in

Bank of Canada governor Tiff Macklem says he expects 2024 to be a transition year as higher interest rates slow down the economy, making way for lower inflation. In his final speech of the year, the governor lays out his expectations for a softer economy next year and offers some criteria that must be met for the central bank to start discussing rate cuts. Macklem says higher borrowing costs will restrain spending, limit growth and employment, a price that the economy needs to pay to get inflation down. Once the central bank is sure inflation is on a clear path back to two per cent, Macklem

Alberta has increased the mandatory crash reporting limit from $2,000 to $5,000. Alberta residents will now only report a vehicle accident to police if the damage exceeds $5,000. This rule will come into effect from January 1, 2024. According to Alberta Transportation, this will prevent fraud when reselling damaged vehicles. This will save time to settle the minor collision report but if there is any death or injury during the accident then it has to be reported. According to the Transportation Minister, this will reduce the burden on the justice system. After about a decade it has been chan