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

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 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

A man identified as Tyler Missen has been sentenced to 11.5 years in prison following an RCMP-led investigation into a drug trafficking network operating across several cities in B.C. According to RCMP, the trafficking network was linked to Chilliwack, Abbotsford and Langley. On June 29, police carried out searches at multiple locations, seizing large quantities of drugs, weapons, vehicles and Canadian currency. Three people were arrested during the operation. Missen, a Langley resident, pleaded guilty on July 2 while in custody to drug trafficking and weapons-related offences. On August 26, t

Peel Regional Police in Ontario have arrested a former Punjabi lawyer in connection with an alleged $4.3-million mortgage and cheque fraud investigation. The accused has been identified as 52-year-old Pawanjeet Singh Mann. According to police, Mann is alleged to have been involved in mortgage fraud-related activities since 2019. His licence to practise law was revoked by the Ontario Law Society Tribunal in July 2025. Between June and July of this year, Peel police received several complaints against Mann. An investigation was launched in August, during which investigators alleged that Mann was

Police are searching for a suspect vehicle following a road rage incident that led to a collision near Vegreville, east of Edmonton. Officers were called around 12:45 p.m. Friday after a collision related to a road rage incident on Range Road 152, north of Township Road 522. According to police, the driver of a black Dodge Ram overtook an SUV at a high speed before suddenly braking, causing the SUV travelling behind it to crash into the truck. Following the collision, the suspect got out of the truck and used a crowbar to smash the driver’s side of the SUV before fleeing the scene. The SUV d

Alberta Premier Danielle Smith avoided addressing the province’s separatist movement in her speech at Heritage Park in Calgary during an Alberta Day event. The remarks came ahead of the Oct. 19 referendum, in which Albertans will be asked whether they want to remain part of Canada or proceed with a second referendum on Alberta separation. Smith has already said she intends to vote for Alberta to remain in Canada. In her brief speech, she praised the province’s cultural diversity and said Canada recognizes Alberta’s economic and strategic importance. At the same time, Smith said the refer

A Sikh man was targeted in a suspected hate-motivated attack in Toronto, prompting police to assign the investigation to the Hate Crime Unit. The incident happened Saturday at around 7:30 p.m. in the waterfront area near Queens Quay and Lower Spadina Avenue. According to investigators, the victim was standing in the area when an unidentified man suddenly approached him without any apparent provocation. The suspect allegedly made racist remarks before pulling out a knife and attacking the victim in the leg. The victim was taken to hospital for treatment and is now reported to be out of danger.

Amid the ongoing trade tensions between Canada and the United States, Google has renamed Lake Ontario as “Lake America” for users in the U.S. The move comes after U.S. President Donald Trump issued an executive order directing the lake’s name to be changed in U.S. government databases. Google has clarified that it updates its maps in accordance with government directives. As a result, users located in the United States will now see the body of water listed as Lake America, while it will continue to appear as Lake Ontario for users in Canada. In other parts of the world, Google Maps will