The Bank of Canada has kept its benchmark interest rate unchanged at 2.25 per cent following its latest monetary policy decision on Wednesday, marking the sixth consecutive announcement with no change to the policy rate. According to the Bank of Canada, the Governing Council, led by Governor Tiff Macklem, decided to maintain the current rate amid ongoing uncertainty surrounding global economic conditions. The central bank cited volatility in global oil prices linked to tensions in the Middle East and continued uncertainty over the Canada–United States–Mexico Agreement (CUSMA) as factors in

Prime Minister Mark Carney has announced a series of new Canadian consul general appointments across the United States. As part of the changes, former Brampton West Liberal MP and former cabinet minister Kamal Khera has been appointed Canada's new Consul General in Los Angeles. According to the Prime Minister's Office, former Shell Canada executive Susannah Pierce has been appointed Consul General in New York. The appointments also include former Bank of Canada director Claire Kennedy as Consul General in Chicago and veteran diplomat Andrea Clements as Consul General in Detroit. The appointmen

The federal government says it will invest nearly $30 million over two years to establish a new defence innovation centre focused on military drone research and development in Quebec. National Defence Minister David McGuinty announced the funding Wednesday in Mirabel, Que., a major aerospace manufacturing hub. According to the Department of National Defence, the project will support the creation and operation of a defence innovation centre dedicated to unmanned systems. The initiative will be led by Aéro Montréal and a consortium of 30 organizations representing industry, academic institutio

Canada Post awarded nearly $30 million in performance-based bonuses to executives and managers for 2025 despite reporting its largest annual financial loss on record. According to the Crown corporation's financial results, Canada Post posted a pre-tax loss of $1.57 billion in 2025. The disclosure comes after the federal government approved $673 million in financial support for the Crown corporation as it continues to face mounting financial pressures. The bonus payments have drawn criticism amid ongoing concerns about the organization's long-term financial sustainability. The Canadian Taxpayer

Toronto Police say two men killed during a shooting at the Salsa on St. Clair festival on Saturday night have been identified as 20-year-old and 25-year-old victims. Police also confirmed that two firearms were recovered from the scene as the investigation continues. According to a Toronto Sun report citing an anonymous law enforcement source, both deceased men were allegedly armed and were involved in the exchange of gunfire. The source further claimed that no innocent bystanders were killed in the incident. Connect Newsroom has not independently verified those claims, and Toronto Police have

Two people were killed and at least four others were seriously injured after a shooting during Toronto's Salsa on St. Clair street festival on Saturday evening, according to Toronto Police. Police said the shooting occurred at about 8 p.m. near St. Clair Avenue West and Arlington Avenue while approximately 13,000 people were attending the annual Latin street festival. Deputy Chief Frank Barredo said the preliminary investigation indicates the gunfire erupted during an exchange of shots between two groups who targeted each other. The sound of gunfire sent festivalgoers, including families, chil

New Brunswick Public Health has confirmed a new case of measles in the Moncton area. According to the Office of the Chief Medical Officer of Health, the infected individual had recently travelled internationally and tested positive for measles after returning to Canada. The latest case comes as measles continues to be reported across the country. On July 7, public health officials issued a public exposure notice for Toronto Pearson International Airport and two commercial flights after identifying potential measles exposure. Accordion their measles vaccinations and to seek medical advice if sy

West Vancouver resident Gurinder Singh Deo has been arrested in France, the RCMP's Pacific Region Federal Policing confirmed. Police said the 40-year-old is currently in custody in France while legal proceedings are underway to extradite him to the United States. According to the RCMP, Deo was identified in the recent joint FBI and RCMP investigation known as Operation Hard Ball. U.S. authorities have charged him in connection with a drug trafficking case, alleging he helped facilitate the movement of narcotics into Southern California through alleged links to the Jaggu Bhagwanpuria gang. U.S.

Criminal charges against an Ontario man accused in connection with what investigators have described as Canada's largest gold theft have been withdrawn. The Ontario Ministry of the Attorney General confirmed that charges against 46-year-old Ammad Chaudhry were withdrawn in a Brampton court. Chaudhry had been arrested in 2024 and charged with theft over $5,000 and accessory after the fact. The ministry did not provide a reason for the withdrawal of the charges. According to investigators, the case stems from the April 17, 2023 theft of approximately $20 million worth of gold from an Air Canada