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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
punjab-to-provide-free-48-hour-treatment-for-injured-rs-2000-to-be-awarded-to-those-helping-injured-admitted-to-hospital
IndiaSep 05, 2023

Punjab to provide free 48-hour treatment for injured, Rs. 2000 to be awarded to those helping injured admitted to hospital

Under the 'Farishtey Scheme' in Punjab, the government has decided to provide free treatment to all road accident victims during the first 48 hours of the accident.The 'golden hour' is the first critical hour after a road accident, during which if adequate care is given to a seriously injured person, their chances of survival are greatly increased.Punjab Health and Family Welfare Minister Dr. Balbir Singh said that the person who takes the injured to the hospital for treatment will be awarded with a certificate and Rs. 2000.They say that no matter where the person lives, the Punjab government
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
AlbertaSep 01, 2023

Alberta's updated rules to protect roadside workers come into effect

A recent change to Alberta's Traffic Safety Act are coming into effect today.Starting on Friday (September 1), vehicles driving in the closest lane to roadside workers will now have to reduce their speed to either 60 km/h or the posted speed limit. Drivers could also move into the far lane from the workers if safe to do so. Previously, only first responders and tow truck drivers were protected under the Traffic Safety Act. It will now apply to all roadside workers, including police, fire, EMS, tow truck operators, highway maintenance workers and snowplow operators. Failure to comply with the
forest-fire-active-in-400-places-in-bc-list-of-12-dangerous-fires-continues
BCSep 01, 2023

Forest fire active in 400 places in BC, list of 12 dangerous fires continues

Twelve of the 400 or so blazes burning in British Columbia are described by the province's wildfire service as "wildfires of note," meaning they are highly visible or pose a threat to public safety. Here is a look at the 12 fires, with information provided by the BC Wildfire Service as of Friday at 1 p.m., Pacific time: Name: Bush Creek East WildfireLocation:West and East of Adams Lake, north of Shuswap and Little Shuswap lakes, south of Highway 1 between Chase and Sorrento Size: 431 square kilometres Suspected cause: Lightning Name: Casper Creek WildfireLocation: 24 kilometres west of Lilloo

Just In

CanadaNov 12, 2026

Canada’s Economic Recovery Expected to Remain Slow Amid Trade War, KPMG Forecasts

Canada’s economy is expected to face a slow and uneven recovery over the next two years, according to a new report by KPMG. The accounting firm’s Fall 2026 Economic Outlook forecasts that Canada’s GDP growth will remain at just 1 per cent in 2026 due to ongoing trade tensions. The report projects economic growth to improve to 1.8 per cent in 2027 and 2 per cent in 2028. KPMG noted that its forecast does not factor in any potential trade deal with the United States. However, continued consumer spending, increased investment in artificial intelligence infrastructure and a boost from the 20
b-c-premier-designate-lorne-doerkson-calls-for-immediate-halt-to-work-at-george-massey-tunnel-site
BCNov 12, 2026

B.C. Premier-Designate Lorne Doerkson Calls for Immediate Halt to Work at George Massey Tunnel Site

British Columbia Premier-designate Lorne Doerkson is taking action on the proposed new George Massey Bridge, calling on the outgoing B.C. NDP government to immediately suspend all work at the tunnel site during the transition of power. Doerkson said only work that could support the construction of a new bridge should continue at the site. He said the move is aimed at preventing unnecessary taxpayer spending, as the incoming government plans to review the possibility of replacing the existing George Massey Tunnel with a bridge. The B.C. Conservatives, who are set to take office on November 20,
woman-arrested-after-stabbing-leaves-man-seriously-injured-in-delta
BCNov 12, 2026

Woman Arrested After Stabbing Leaves Man Seriously Injured in Delta

A man has been seriously injured in a stabbing incident in Delta, and a woman has been taken into custody in connection with the case. According to the Delta Police Department, officers received a report of a stabbing in the 19900-block of 80 Avenue in North Delta at around 6 p.m. Wednesday. When officers arrived at the scene, they found a man suffering from serious injuries. He was conscious and breathing at the time. Paramedics rushed the victim to hospital in life-threatening condition. Following surgery, his condition has since improved. Police quickly responded to the incident and arreste
BCNov 12, 2026

B.C. Home Sales Drop 11% in October as Average Prices Decline

Home sales in British Columbia fell by more than 10 per cent in October, according to the latest figures released by the B.C. Real Estate Association (BCREA) on Thursday. A total of 5,670 homes were sold across the province last month, marking an 11 per cent decline compared with the same month last year. The report also showed that the average home sale price dropped by 2.8 per cent to approximately $950,000, down from $977,000 a year earlier. BCREA Chief Economist Brendon Ogmundson said the housing market continues to face several challenges, although sales remain steady in more affordable c
BCNov 12, 2026

BC’s Pemberton Village Under Shelter-in-Place Order Amid Heavy Rain and Flooding

Heavy rainfall and flooding in Pemberton, B.C., have prompted authorities to issue a shelter-in-place order for residents amid concerns that several major roads could become impassable. Residents have been advised to avoid non-essential travel and stay away from flooded roads. The entire village has also been placed under an evacuation alert. According to the Squamish-Lillooet Regional District, several roads in the Pemberton Valley are currently impassable, including Pemberton Meadows Road and sections of Highway 99. Evacuation orders have also been issued for properties along Airport Road in