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ndp-leader-calls-for-bank-of-canada-mandate-review-as-key-rate-holds-steady
CanadaSep 06, 2023

NDP leader calls for Bank of Canada mandate review as key rate holds steady

NDP Leader Jagmeet Singh says the federal government needs to review the mandate of the Bank of Canada to put people first.Singh's comment today comes as the bank holds its key interest rate steady at five per cent after raising it 10 times since March of last year.Singh says while interest rates won't rise, they're still higher than they have been in the last 20 years.Bank of Canada rates have taken on more of a political tone as Canadians struggle financially, with the Ontario and British Columbia premiers making direct appeals to the bank in recent days to not increase rates.Ford tweeted to
residents-of-yellowknife-finally-relieved-will-return-to-their-homes
CanadaSep 06, 2023

Residents of Yellowknife finally relieved, will return to their homes

An evacuation order has been lifted for Yellowknife three weeks after a nearby wildfire forced the city's 20,000 residents out of their homes.The order for the capital of the Northwest Territories, which also included the First Nation communities of Dettah and N'Dilo, has been downgraded to an evacuation alert. The fire is now considered held, which means it isn't expected to grow under current conditions.Thousands of vehicles are expected to head to Yellowknife in the coming days.The city's airport is also expected to reopen today.Residents have been told to prepare to be self-reliant for 72
air-canada-apologised-for-kicking-customers-off-plane-for-refusing-vomit-laced-seats
CanadaSep 06, 2023

Air Canada apologised for kicking customers off plane for refusing vomit laced seats

Air Canada says it has apologized to two passengers who were escorted off a plane by security after protesting that their seats were smeared in vomit.The airline said Tuesday that the passengers "clearly did not receive the standard of care to which they were entitled."The incident during boarding for an Aug. 26 flight from Las Vegas to Montreal was described in graphic detail by another passenger, Susan Benson of New Brunswick, who said she was in the row behind two women and a man."There was a bit of a foul smell but we didn’t know at first what the problem was," Benson wrote on Facebook t
bank-of-canada-holds-key-rate-steady-at-5-says-economy-is-weakening
CanadaSep 06, 2023

Bank of Canada holds key rate steady at 5%, says economy is weakening

The Bank of Canada held its key interest rate steady at five per cent today, citing recent evidence that suggests the economy is weakening.The central bank says it decided not to raise its key rate given demand in the economy is slowing and previous rate hikes need more time to take effect.Forecasters were widely expecting today's decision after recent data showed the economy shrank in the second quarter, while the unemployment rate has been on the rise for three consecutive months.The announcement comes after the Bank of Canada raised interest rates at its last two meetings, bringing a previo
india-envoy-very-satisfied-by-canada-response-to-threats-by-sikh-separatist-groups
CanadaSep 05, 2023

India envoy 'very satisfied' by Canada response to threats by Sikh separatist groups

India's envoy to Canada says he is satisfied the federal government is adequately protecting his country's diplomats after New Delhi raised concerns for their safety earlier this year.Indian High Commissioner Sanjay Kumar Verma says he's optimistic both countries can circumvent heated diaspora politics to form closer ties.Some members of Sikh communities in Canada advocate for part of Punjab to separate as an independent state but the Indian government perceives this as an extremist movement that endangers national security.The rhetoric escalated in June after the shooting death of the head of
will-political-pressure-work-bocs-decision-on-interest-rates-to-come-tomorrow
CanadaSep 05, 2023

Will political pressure work? BOC's decision on interest rates to come tomorrow

Two premiers have sent letters to Bank of Canada governor Tiff Macklem urging the central bank to halt rate hikes ahead of its next rate decision tomorrow.Ontario Premier Doug Ford sent a letter on Sunday saying families and businesses cannot afford the "crushing impact of further rate hikes," echoing a letter British Columbia Premier David Eby sent on Thursday.Associate professor and founding director of McGill University's Max Bell School of Public Policy, Christopher Ragan says it's "unfortunate" that the premiers felt that sending these letters was useful.Ragan says it brings a political e
manitoba-to-vote-on-october-3
CanadaSep 05, 2023

Manitoba to vote on October 3

Manitoba Premier Heather Stefanson is expected to call an election today.The vote is already scheduled for Oct. 3 and Stefanson will make a campaign announcement this morning where she is expected to launch the 28-day campaign.Stefanson, who became premier two years ago, is aiming to lead the Progressive Conservatives to a third consecutive majority.Opinion polls have suggested it will be an uphill battle, as support for the Tories dropped sharply during the COVID-19 pandemic.The Opposition New Democrats have been leading in the polls, especially in Winnipeg where most legislature seats are co
greenbelt-controversy-steve-clark-resigns-doug-ford-reshuffles-cabinet
CanadaSep 05, 2023

Greenbelt controversy: Steve Clark resigns, Doug Ford reshuffles cabinet

Ontario's Housing Minister Steve Clark resigned on Monday due to the Greenbelt controversy.The opposition was constantly demanding Clark's resignation.Premier Doug Ford made a minor cabinet reshuffle on Monday afternoon following Clarke's resignation.Paul Calandra has been named Ontario's new housing minister.Prior to this Paul had the Ministry of Long Term Care.Caroline Mulroney is now the President of the Treasury Board.Prabhmeet Sarkaria has been made the new Transport Minister of the state.Nina Tangri has been appointed Associate Minister of Small Business.It is worth mentioning that Steve
justin-trudeau-meets-indonesias-president-to-discuss-trade
CanadaSep 05, 2023

Justin Trudeau meets Indonesia's president to discuss trade

Prime Minister Justin Trudeau landed in Jakarta today where he is kicking off a six-day tour of the Indo-Pacific region.Trudeau and his son Xavier were greeted with Indonesian dancers, with the prime minister being gifted a traditional scarf.Trudeau is set to spend two days in Jakarta where he will meet with President Joko Widodo this evening.Tomorrow, the prime minister will deliver remarks at the Association of Southeast Asian Nations as the 10-nation bloc prepares to make Ottawa its latest strategic partner.Trudeau's focus on the trip will be about nurturing relationships with Asian leaders

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BCAug 31, 2026

Nikki Sharma’s Demand from Meta: ‘Canadian Children Deserve the Same Online Protection as Kids in the US’

B.C. Attorney General Nikki Sharma has urged Meta to implement the same online safety measures in Canada that the company is introducing for children in the United States. In a statement released Monday, Sharma said Canadian children deserve the same level of online protection as children in the U.S. Under settlement agreements with U.S. states, Meta is implementing measures for users under 18, including age verification, content restrictions and features designed to reduce excessive use of its social media platforms. Sharma called on Meta to introduce these protections on its platforms in Can
nepal-tibet-flood-death-toll-rises-to-955-over-3-900-still-missing
WorldAug 31, 2026

Nepal-Tibet Flood Death Toll Rises to 955, Over 3,900 Still Missing

The death toll from the devastating floods that hit Nepal and Tibet on August 26 has risen to 955. Nepal alone has reported 939 deaths, while the number of fatalities in Tibet has reached 16. More than 3,900 people are still missing. Meanwhile, China’s Foreign Ministry said its World Meteorological Centre had sent an email to Nepal 12 days before the floods, warning of heavy rainfall, landslides and flash floods. Nepal, however, has accused China of providing forecasts for heavy rainfall but failing to share information about snowfall, water levels, landslides and other major natural hazards
bank-of-canada-expected-to-hold-interest-rate-at-2-25-rate-hikes-possible-in-2027
CanadaAug 31, 2026

Bank of Canada Expected to Hold Interest Rate at 2.25%, Rate Hikes Possible in 2027

The Bank of Canada is expected to keep its benchmark interest rate unchanged at 2.25% at its upcoming meeting on Wednesday, marking a seventh consecutive rate hold. The central bank has maintained the rate at 2.25% since October 2025. Financial markets and economists expect the Bank of Canada to continue with a cautious, wait-and-see approach for now as it closely monitors inflation, economic growth and uncertainty surrounding the Canada-U.S. trade relationship. However, discussions are growing about the possibility of interest rate increases next year as the ongoing trade war could put addit
trump-warns-canada-over-venezuela-oil-deal-signals-u-s-may-no-longer-need-canadian-crude
CanadaAug 31, 2026

Trump Warns Canada Over Venezuela Oil Deal, Signals U.S. May No Longer Need Canadian Crude

U.S. President Donald Trump’s attacks against Canada continue, with his latest remarks focusing on a major oil deal involving Venezuela. Trump has described the agreement, involving Venezuela’s massive oil reserves, as a direct warning to Ottawa and suggested that the United States may not need Canadian crude oil in the future. Experts say the deal could create increased competition for Canadian crude in the U.S. market in the coming years. Both Canada and Venezuela are major producers of heavy crude, which is used by refineries designed to process heavier grades of oil. Trump recently sha
b-c-ndp-mla-and-indigenous-leader-joan-philip-dies-at-74-vancouver-strathcona-seat-vacant
BCAug 31, 2026

B.C. NDP MLA and Indigenous Leader Joan Philip Dies at 74, Vancouver-Strathcona Seat Vacant

B.C. NDP MLA and prominent Indigenous leader Joan Philip has died at the age of 74. She represented the Vancouver-Strathcona riding in the provincial legislature. According to the Union of B.C. Indian Chiefs, Philip died Friday afternoon in hospital in the presence of her family. She had been battling a serious illness for some time. Her husband, Grand Chief Stewart Philip, along with her children and grandchildren, were by her side at the time of her death. B.C. Premier David Eby paid tribute to Philip, describing her as a fearless warrior and inspiring leader. He said she dedicated her life