A fishing vessel sank near the Tsawwassen Ferry Terminal on Sunday, prompting a rescue operation for two people who were left in the water. Officials received a report at around 3:15 p.m. that a boat had sunk near the terminal. B.C. Ferries spokesperson Sheila Reynolds said the Spirit of British Columbia and Coastal Renaissance immediately deployed a rescue boat and safely pulled both people from the water. Police and B.C. Emergency Health Services paramedics later attended the terminal. After receiving first aid, both individuals were taken to hospital in stable condition. The incident also c

Canada’s annual inflation rate remained steady at 3 per cent in August, according to Statistics Canada. However, inflation could rise in September as Brent crude oil prices have surpassed US$100 a barrel, while the full impact of the 50 per cent tariffs imposed by U.S. President Donald Trump and Canada’s retaliatory measures could also be reflected in upcoming inflation data. According to the report released Monday, gasoline prices rose at a slower pace last month but remained elevated amid the ongoing conflict in Iran. On a positive note, grocery prices increased at a slower rate than ove

Prime Minister Mark Carney is opening a two-day Canada investment summit in Toronto aimed at attracting $1 trillion in investment over the next five years. The summit is focused on key sectors including energy, infrastructure, artificial intelligence and critical minerals. Hundreds of investors from Canada and abroad are taking part in what is described as the country’s first investment summit of its kind. Executives from major international companies including BlackRock, JPMorgan, Morgan Stanley, Mastercard and Microsoft are among those attending. The formal opening is scheduled for Monday

Bank of Montreal (BMO), one of Canada’s major banks, has announced plans to invest $70 billion in capital over the next 10 years in sectors considered critical to the country’s economy, including critical minerals and electricity. The bank says the initiative is aimed at strengthening Canada’s economic security and long-term stability. The announcement comes as Canada continues to face economic challenges and an ongoing trade dispute with the United States. The move also aligns with Prime Minister Mark Carney’s government’s efforts to reduce Canada’s reliance on the U.S. and suppor

Canada has quietly ended a special policy that allowed certain refugees to sponsor family members whose names were not included in their original immigration applications. Under the temporary policy, some refugees and permanent residents were able to sponsor spouses or children who had not been declared in their initial applications. The policy, introduced about seven years ago, expired on Thursday following a decision by Immigration Minister Lena Metlege Diab. Under current Canadian immigration rules, permanent residents generally cannot sponsor family members who were not declared during the