49 m. ago Rate hold means status quo for Canada’s struggling housing market: Experts

Real estate watchers say the Bank of Canada’s decision to hold its key policy rate steady at 2.75 per cent will likely keep a sluggish housing market at the status quo. Wednesday’s announcement marked the first time the central bank has left the benchmark rate unchanged following seven consecutive cuts since June.  Ratesdotca mortgage and […]

Other

83 m. ago Bank of Canada Holds at 2.75%, Seeks More Clarity on Tariffs

The Bank of Canada paused its interest rate cutting cycle and said policymakers “will proceed carefully” as they wait to see how US President Donald Trump’s trade policy takes shape.

Economics

1 hour ago Bank of Canada holds interest rates: Read the official statement

Rate remains at 2.75%

Other

1 hour ago Bank of Canada holds interest rate steady for first time in 2025

The Bank of Canada (BoC) announced that it's holding its policy rate at 2.75 per cent on Wednesday morning.Before this, the central bank had made two 0.25 per cent cuts to its key interest rate, with the last one on March 12 bringing the rate to 2.75 per cent.On Tuesday, Statistics Canada shared March inflation data, showing that inflation slowed to 2.3 per cent following a 2.6 per cent increase in February.Last week, Ratehub.ca mortgage expert Penelope Graham told us that while Canada had largely dodged the worst of the tariff pain, the BoC's policymakers would assess the impact on our trade partners, and the effect at home, to make a decision on April 16.She said the central bank would be weighing plummeting consumer and business sentiment, based on its own quarterly survey.Upcoming Bank of Canada rate announcementsKeep an eye on the Bank of Canada website at 9:45 a.m. on the following dates:Wednesday, June 4, 2025 (rate update only)Wednesday, July 30, 2025 (rate up...

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2 h. ago Bank of Canada holds key rate steady amid trade war, economic uncertainty

OTTAWA — The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global trade uncertainty is going to impact the Canadian economy.  The central bank held its policy rate steady at 2.75 per cent, the first time it has left the key rate unchanged […]

Economics

3 h. ago Berlin doctor charged with the killings of 15 patients under palliative care

BERLIN — A doctor in Berlin has been charged with murder over the deaths of 15 patients under palliative care, prosecutors said Wednesday. He is also accused of trying to cover up the evidence by starting fires in their homes. The doctor was part of a nursing service’s end-of-life care team and was initially suspected […]

Science

4 h. ago Toronto Pearson gold heist: 3 still on the run a year after 1st arrests made

A year after Peel Regional Police announced multiple arrests and charges into the infamous Pearson gold heist, three suspects remain on the run.

Other

4 h. ago Posthaste: Bank of Canada must cut rates deeper to salvage rocky housing market, say economists

Interest rates remain too high to turbocharge the sector, which is a major contributor to Canada's economy

Other

8 h. ago Will the Bank of Canada cut interest rates again as trade war deepens?

Some analysts expect the central bank to cut its benchmark rate by 25 basis points, bringing it down to 2.5 per cent, while others expect the rate to be held steady.

Economics

8 h. ago Ottawa cop Charlene Abella released on bail after arrest for sex crimes

Charlene Abella was granted bail while awaiting prosecution for sex crimes against girls, including two counts of sexual interference, which means the alleged victim was under 16.

Events

14 h. ago Belgian teens arrested with 5,000 smuggled ants as Kenya warns of changing trafficking trends

NAIROBI, Kenya (AP) — Two Belgian teenagers were charged Tuesday with wildlife piracy after they were found with thousands of ants packed in test tubes in what Kenyan authorities said was part of a trend in trafficking smaller and lesser known species. Lornoy David and Seppe Lodewijckx, two 19-year-olds who were arrested on April 5 […]

Other

16 h. ago Accused in drug dealer's death told police she deserved 'Purple Heart'

Ashley Bourget told the police officer she should have been given “a Purple Heart” instead of a first-degree murder charge. “I shouldn’t go to jail for murder. I should get a Purple Heart instead,” she said through loud sobs during her police interview on June 16, 2021, referring to the U.S. military honour. The interview […]

Events

16 h. ago Thieves make off with at least US$10M in goods after tunnelling into L.A. jewelry store

'They tunnelled through multiple levels of concrete into the target location,' police said

Economics

20 h. ago Bank of Canada Likely to Pause to Assess Tariff Hit: Decision Guide

The Bank of Canada is likely to hold interest rates steady on Wednesday as officials take stock of the damage posed by US President Donald Trump’s trade war.

Economics

20 h. ago Drunk mom crashed into canal, left to take bath while toddler drowned: DA

A California woman accused of impaired driving has been charged with murder following the death of her four-year-old daughter in a car crash. Juliette Marie Acosta, 26, was initially charged with driving under the influence after she allegedly drove into an irrigation canal on March 8 near Hickman, Calif., the Stanislaus County District Attorney’s Office […]

Events

21 h. ago Charges stayed against Calgary man accused of smuggling migrants across border

WINNIPEG – A Calgary man accused of human smuggling after allegations that he picked up foreign nationals who crossed into Manitoba from the United States has had his charges stayed. Manitoba Courts confirmed charges under the Immigration and Refugee Protection Act were stayed in February for Saleh Youssouf. Information on why the charges have been […]

Other

22 h. ago Top 7 small kitchen appliance deals to upgrade your cooking game

Don’t miss your chance to elevate your kitchen without breaking the bank.

Other

22 h. ago Quatre femmes accusant Andrew Tate de viols et violences demandent des indemnités «à six chiffres»

Elles poursuivent l’influenceur masculiniste au civil pour des faits qui auraient été commis entre 2012 et 2015.

Events

22 h. ago Quebec senior scammed out of $100,000, says bank isn’t reimbursing her

An 81-year-old Montreal woman told Global News she's upset that she fell for a banking spoof, but is even more furious with her bank for the way she says it is handling her case.

Economics

23 h. ago 2 U.S. students detained for 2 weeks in Denmark after alleged Uber driver fight

The two students were arrested at Copenhagen Airport the day after the alleged altercation while trying to return to the U.S.

Transport