Canada’s central bank could raise interest rates in the coming months as rising global crude oil prices increase inflationary pressures. Economists believe the Bank of Canada’s chances of raising rates by December are growing, despite Canada’s annual inflation rate remaining steady at 3% last month. Economists at Desjardins Group and RSM Canada say it may be difficult for Bank of Canada officials to ignore oil prices above US$100 a barrel, particularly if the increase persists. While core inflation remains under control for now, economists warn that continued oil price shocks could push

Prime Minister Mark Carney has announced a major tax break for companies making new investments in Canada. Under the new measure, businesses will be able to immediately claim 100 per cent of the cost of eligible new investments, including machinery, equipment and technology, as a tax deduction. Announced Tuesday, the measure is being called the “Productivity Mega Deduction” and is aimed at encouraging businesses to invest more in their operations. The government says making investments cheaper will give companies greater incentive to spend on expanding and improving their businesses, helpi

Surrey police have issued a public warning as another high-risk offender, 49-year-old Jonathan Anders Muzichka, is set to be released. The Surrey Police Service said Tuesday that Muzichka has a history of violent attacks against people and property-related offences. He will be subject to several strict court-ordered conditions and will also be monitored through an ankle monitor. Police are urging the public to call 911 immediately if they see Muzichka violating any of his court conditions. The warning comes just a day after Surrey police issued a similar alert regarding the release of 26-year-

A 77-year-old man has died under suspicious circumstances in Fort St. James, B.C., with RCMP’s Major Crime Unit investigating the death as a possible homicide. Police said officers were called to a home in the 800-block of Spruce Road at around 2:40 a.m. Monday. They found the elderly man seriously injured at the scene and rushed him to hospital, where he later died despite medical efforts. The suspected attackers had fled before police arrived. RCMP Major Crime investigators have since taken over the case. Staff Sgt. Chris Clarke said the preliminary investigation indicates the incident was

A 31-year-old Calgary man has been charged with allegedly making a death threat against Canadian Prime Minister Mark Carney. The RCMP’s Integrated National Security Enforcement Team (INSET) launched an investigation after receiving information about a threat against Carney from a YouTube account. Working with Calgary police, INSET arrested Jamie Dacosta and charged him with uttering threats against the Prime Minister. Dacosta is scheduled to appear in Alberta Court of Justice today.

Seven mayors have already been elected unopposed in cities across Vancouver Island, nearly a month before general voting in British Columbia’s municipal elections. The municipalities include Sidney, Duncan, Lantzville, Cumberland, Comox, Port McNeill and Port Hardy. In each community, only one candidate filed a nomination for mayor, resulting in an automatic victory without a contested election. Political experts and local leaders say the trend may reflect today’s increasingly toxic political environment, personal attacks on social media and growing mental-health pressures. They believe th

Shiromani Akali Dal (SAD) president Sukhbir Singh Badal has expelled former MLA Ravinder Singh Brahmpura from the party, citing alleged anti-party activities. Brahmpura, the son of late senior SAD leader Ranjit Singh Brahmpura, represents the Khadoor Sahib constituency and has reportedly been facing allegations of working against the party for some time. According to the party, written complaints were received from SAD workers in Khadoor Sahib. Local leaders also raised concerns about Brahmpura’s alleged activities against the party during the Punjab Bachao Rally held at Goindwal Sahib on Se

Amid rising tensions in the Canada-U.S. trade war, Prime Minister Mark Carney called the United States a “friend” during his keynote address at an investment summit in Toronto. Carney said the two countries will always remain neighbours and that Canada will continue to be the United States’ most important partner in several key areas. He acknowledged that the two countries have had disagreements in the past, but said their relationship has remained close. According to Carney, the relationship works best when there is mutual trust and respect for each other’s traditions and sovereignty.

A landfill linked to a Calgary-based company has been burning for several days, with smoke causing concerns and disruption for residents in surrounding areas. The court has now taken a strong stance in the matter. Court of King’s Bench Justice James Eamon said the local company operating the landfill had deliberately refused to comply with municipal bylaws and orders. The judge also noted that the company’s past conduct showed a continued disregard for regulatory requirements. The court has granted the City of Calgary’s request for an injunction, ordering the company to immediately stop