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dow-jumps-995-and-s-p-500-climbs-2-9-following-a-90-day-truce-in-the-us-china-trade-war
WorldMay 12, 2025

Dow jumps 995 and S&P 500 climbs 2.9% following a 90-day truce in the US-China trade war

U.S. stocks are leaping after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 2.9% Monday. The Dow Jones Industrial Average rose 995 points, and the Nasdaq composite gained 3.9%. Hopes for an economy less encumbered by tariffs also sent crude oil prices higher. The U.S. dollar strengthened against other currencies, and Treasury yields jumped on expectations the Federal Reserve won't have to cut interest rates so deeply this year in order to protect the economy. Analysts warned conditions could still quickly change, as has so often happe
north-vancouver-fire-displaces-residents-years-after-fatal-fire-at-same-building
BCMay 12, 2025

More than 30 residents displaced following blaze at North Vancouver seniors complex

District of North Vancouver Fire Chief Mike Danks says it took fire crews from all over the north shore to get a fire at a seniors complex under control on Saturday.   Danks says crews from the district, the city and from West Vancouver all pitched in after the fire broke out at the Lynn Valley apartment complex, trapping residents on their balconies. The chief says there was a fatal fire at the same building years back, and it was under renovation for earlier damage. Danks says the cause of the fire is unknown, and 36 displaced residents have been housed in temporary accommodations as i
no-credible-evidence-found-after-police-receive-bomb-threat-on-a-flight-out-of-vancouver-airport
BCMay 12, 2025

No credible evidence found after police receive bomb threat on a flight out of Vancouver airport

Richmond R-C-M-P say they believe emails sent to a local news agency and staff at the Vancouver International Airport yesterday about a bomb on a plane were a malicious hoax.Mounties say the threat Sunday was taken seriously, but a sweep of the flight found no evidence of an explosive device. Police say the flight was delayed, but airport operations were only minimally affected.They say they believe the emails were part of a so-called `swatting'' call, where false threats are called into law enforcement to provoke a police response.
us-china-agree-to-suspend-most-tariffs-for-90-days
WorldMay 12, 2025

US, China agree to suspend most tariffs for 90 days

The US and China have reduced tariffs on each other and agreed to suspend most of the additional tariffs imposed on each other for 90 days. The US has agreed to reduce the 145 percent tariff on Chinese goods to 30 percent, while China has agreed to reduce taxes on American goods to 10 percent. Officials from both countries announced the tariff cuts at a press conference in Geneva. They said the two countries have prepared a framework for continuing discussions on their trade issues. China expressed hope that the US will not increase tariffs unilaterally. As the tariff war between the two m
pm-modis-direct-warning-to-pakistan-terror-and-trade-cannot-go-together
IndiaMay 12, 2025

PM Modi's direct warning to Pakistan! 'Terror and trade cannot go together'

PM Modi gave a clear message to the world community in his address to the nation today, he said that India's view is very clear that terrorism and talks cannot go together, nor can terror and trade go together. During this, he also commented on Pakistan's water shutdown. The Prime Minister said that water and blood cannot flow together. PM Modi said that I will also tell the world community that if we have a conversation with Pakistan, it will be on the issue of terrorism and PoK only. He further said that countrymen, today is Buddha Purnima, Lord Buddha has shown us the path of peace. The
we-stopped-a-nuclear-war-between-india-and-pakistan-trump
WorldMay 12, 2025

We stopped a nuclear war between India and Pakistan: Trump

US President Donald Trump said in a statement today that his administration helped broker an immediate ceasefire between Pakistan and India, both nuclear-armed countries, on Saturday. Trump said that I said, let's do a lot of trade with you, stop the war. If you don't stop it, we won't do any trade. Trump, praising himself, said that before me, probably no one has ever used trade the way I have used it. The President said that when I talked about stopping trade, suddenly they said that we think we are going to stop and they stopped the conflict. Meanwhile, China has called the reports of s
some-albertans-appear-to-be-divided-about-renewed-efforts-to-separate-from-canada
AlbertaMay 12, 2025

Some Albertans appear to be divided about renewed efforts to separate from Canada

Premier Danielle Smith has tabled a bill that would lower the bar for a citizen petition to trigger a referendum, even though she insists she doesn't want Alberta to separate from the country. Republican Party of Alberta Leader Cameron Davies says his party is calling for a referendum. Davies says this would give Alberta the chance to renew its relationship with Canada and the rest of the world on its own terms. Lloydminster resident Jesse Allen says he would only vote ``Yes'' in a referendum to separate if the rest of Western Canada also joined. In Red Deer, Alberta, Anita Ewa
rcmp-say-skydiving-instructor-dies-following-jump-west-of-edmonton
AlbertaMay 12, 2025

RCMP say skydiving instructor dies following jump west of Edmonton

RCMP say a skydiver has died in a weekend accident west of Edmonton. Cpl. Troy Savinkoff said police were called to a township road near Onoway on Saturday morning, where he said a 56-year-old man from Edmonton suffered fatal injuries following a jump from a plane. He said the man was a skydiving instructor. Skydiving West Edmonton said in a statement that an ``experienced skydiver'' succumbed to his injuries as a result of `a high-speed malfunction'' on Saturday morning. ``The skydiver had over 3,000 skydives and was a beloved member of the Skydive West Edmonton family. His l
cross-examination-continues-for-complainant-in-hockey-players-sex-assault-trial
CanadaMay 12, 2025

Cross-examination continues for complainant in hockey players' sex assault trial

Defence lawyers in the sexual assault trial of five former members of Canada's world junior hockey team are expected to continue cross-examining the complainant today. The woman, who cannot be identified under a publication ban, first took the stand on May 2 and spent most of last week facing questions from the defence. On Friday, she pushed back against a defence suggestion that she was embarrassed and ashamed for the choices she'd made the night of the alleged incident. She said she made the choice to drink and dance at the London, Ont., bar where she first met some of the accused, not to "h

Just In

police-identify-victim-in-surreys-sixth-homicide-of-2025
BCDec 02, 2025

Police identify victim in Surrey’s sixth homicide of 2025

Investigators with the Integrated Homicide Investigation Team have released the name of the man fatally shot in Surrey late Friday night, hoping the disclosure will generate new leads in the case. Police identified the victim as 26-year-old Jaskaran Birring of Chilliwack, noting he had previous police contacts and was believed to have ties to the drug trade. Officers were called to a residential area shortly before midnight, where they found Birring suffering from critical injuries. Despite emergency medical efforts at the scene, police say he did not survive. IHIT says early evidence indicate
AlbertaDec 02, 2025

Petition urging Alberta to stay in Canada reaches required signature threshold

A provincewide petition asserting that Alberta should remain within Canada has met the legal threshold and has been formally validated by Elections Alberta. The petition, launched by former deputy premier Thomas Lukaszuk, gathered more than 400,000 verified signatures, surpassing the minimum needed to trigger a legislative review. Under provincial law, the successful verification sends the matter to an all-party committee of the Alberta legislature, which will determine whether a provincewide referendum on national unity should move ahead. The process is part of Alberta’s citizen-initiative
smith-reiterates-ucps-commitment-to-remaining-in-canada-as-party-debates-direction
AlbertaDec 02, 2025

Smith reiterates UCP’s commitment to remaining in Canada as party debates direction

Alberta Premier Danielle Smith is stressing that the United Conservative Party remains committed to working within Canada, even as internal divisions over the province’s future surfaced at the party’s weekend convention. The gathering came one week after Alberta and the federal government announced a major energy agreement, a deal that drew a mixed response from grassroots members and prompted renewed questions about the party’s stance on Confederation. During the convention, several figures associated with the party’s pro-independence movement received strong support, including standi
police-boost-patrols-after-unspecified-threat-targets-three-nanaimo-high-schools
BCDec 02, 2025

Police boost patrols after unspecified threat targets three Nanaimo high schools

Police in Nanaimo say officers will be stationed throughout the day at three secondary schools after an unspecified threat prompted a precautionary response from local RCMP. The increased presence affects Dover Bay Secondary, Wellington Secondary and Nanaimo District Secondary. According to RCMP, the schools will remain open and classes are expected to continue as scheduled. Officers say the additional patrols are intended to reassure students, staff and families while the nature of the threat continues to be assessed. The Mounties say school liaison officers will be visible on campus througho
CanadaDec 01, 2025

Algoma Steel announces 1,000 layoffs as U.S. tariffs force early transition to new production model

Algoma Steel says it will lay off roughly 1,000 employees as the company accelerates a major shift in its operations to respond to steep U.S. trade tariffs. The Sault Ste. Marie–based producer confirmed the notices were issued Monday, with the cuts taking effect in March. Company representatives say the 50 per cent tariff imposed by the United States last year sharply reduced access to its largest export market. With about 2,700 employees, Algoma has been among the Canadian steelmakers most affected by the ongoing trade dispute, which replaced a previously integrated North American steel sup