Bank of Canada keeps interest rate at 5%

Canada Post and the Canadian Union of Postal Workers say they have reached tentative collective agreements that could bring an end to more than two years of labour tensions at the Crown corporation. The agreements cover both the Urban Postal Operations unit and the Rural and Suburban Mail Carriers unit, representing roughly 55,000 workers nationwide. The union’s national board has recommended members approve the deals, with ratification votes expected in early 2026. During the ratification process, both sides have agreed there will be no strike or lockout action, providing short-term labour

Alert Bay RCMP say they have prevented a fraud scheme that targeted the Namgis First Nation, protecting more than $400,000 intended for a new wellness and treatment centre on northern Vancouver Island. The case came to light on May 13, when the First Nation reported that $406,000 earmarked for contractors had been redirected to a fraudulent bank account via a scam email. Authorities say early intervention was key in limiting the financial loss. Collaboration with law enforcement in Eastern Canada led to a freeze on the bank account, which police allege was operated by an organized crime group.

Surrey Police Service is asking the public for help as officers investigate a theft at a retirement residence in the city’s South Surrey area. Police say the incident happened on December 15 around 2:10 pm at a residence in the 15500 block of 16 Avenue. Investigators allege a man entered the building and gained access to an apartment by claiming he was a maintenance worker inspecting the sprinkler system. Once inside, the suspect is accused of taking the resident’s purse before leaving the building. The suspect is described as a white man, about 5 feet 8 inches tall. At the time, he was we

One person has died following a serious multi-vehicle collision on Highway 1 in Surrey that forced a full closure of the westbound lanes during the Monday morning commute. BC Highway Patrol says the investigation is ongoing and officers are asking the public for additional witnesses and dash camera footage. Police say the first 911 call came shortly after 7:15 a.m. after three vehicles collided on westbound Highway 1 near the 176th Street exit. Investigators believe one vehicle crossed over from the eastbound lanes, resulting in a head-on crash. Corporal Michael McLaughlin with BC Highway Patr

Prime Minister Mark Carney has named investment banker and pension fund executive Mark Wiseman as Canada’s next ambassador to the United States, placing him at the centre of upcoming negotiations with Washington on continental trade. Wiseman is set to begin the role on Feb. 15, according to the Prime Minister’s Office. Wiseman will lead Canada’s engagement with the U.S. as the countries prepare for a scheduled review of the Canada-United States-Mexico Agreement, a process expected to dominate the bilateral agenda next year. The trade review is widely seen as critical for Canadian exporte