89 m. ago Another Bank of Canada interest rate cut is on the way and here's what could happen

Amid times of economic uncertainty — an upcoming federal election and tense relations with the U.S. — Canadians are waiting for the next Bank of Canada (BoC) interest rate announcement.The central bank has made two 0.25 per cent cuts to its key interest rate so far this year, with the last one on March 12 bringing the rate to 2.75 per cent.That announcement came a week after U.S. President Donald Trump imposed a 25 per cent tariff on all Canadian goods, and Canada retaliated with counter-tariffs. The BoC claimed the Canadian economy entered the year in a "solid position," saying GDP showed robust growth, and inflation was finally close to the two per cent target.However, with economic aggression from the U.S., BoC officials predicted a slower pace of economic activity and increased inflationary pressures in Canada. The latter concern contributed to the decision to lower the policy rate by a quarter point.The last BoC update did not come with an extensive m...

Other

9 h. ago South Africa Moves Closer to Traded Power Market, Top Bank Says

South Africa is on the cusp of starting a traded electricity market that will give consumers a choice of power products along with a range of pricing options, according to a top investment bank.

Economics

10 h. ago Euro Zone’s Weaker Inflation Outlook Bolsters ECB Case to Cut

Euro-area inflation will turn out slower than previously forecast because of higher US tariffs, according to a Bloomberg survey that supports the case for the European Central Bank to cut interest rates this week.

Economics

15 h. ago AI Weather Models Promise Super Granular, Specialist Forecasts

The insurance industry is helping develop a new way to predict flooding down to the neighborhood level and warn communities.

Other

16 h. ago Edmonton motorist dead after SUV crashes into tree, police say

"At this time, investigators believe that speed is a factor in the collision," the news release said.

Events

19 h. ago U.S. State Department probing employees for alleged Christian discrimination under Biden

All reported allegations will be investigated by a government-wide task force on anti-Christian bias

Culture

21 h. ago Police say they are investigating an arson attack at U.S. governor’s residence

Pennsylvania Gov. Josh Shapiro and his family were evacuated overnight from the official governor’s residence after someone set fire to the building, police said Sunday.

Events

22 h. ago Police investigating arson attack at Pennsylvania governor’s residence

HARRISBURG, Pa. — Police said Sunday that officers evacuated Gov. Josh Shapiro and his family from the official governor’s residence after someone set fire to the building. No one was injured and the fire was extinguished, according to authorities. The fire broke out overnight on the first night of the Jewish holiday of Passover, which […]

Events

22 h. ago Arson attack on Pennsylvania governor’s home under investigation: police

Josh Shapiro and his family escaped without injury

Events

23 h. ago Six presumed dead after plane crashes in muddy field in upstate New York

A twin-engine plane that crashed into a muddy field in upstate New York has left all six passengers aboard presumed dead. The plane, a Mitsubishi MU-2B, was reported down at noon on Saturday in Copake, New York, around 30 miles (48 kilometers) from its destination at the Columbia County Airport. All six people who were […]

Events

23 h. ago Vancouver's 2024 civic salaries show city's top cop receives top pay

Soon to retire Police Chief Adam Palmer is the highest paid city of Vancouver employee. For more salaries read more.

Economics

23 h. ago Hum: Four Ottawa pizza joints that hit the spot, from the east end to Little Italy to Westboro

Where to go for a $7 slice with pepperoni and piped ricotta, a crust recipe still made by hand after 65 years, and white pies stacked with truffle, fig, or coppa.

Other

24 h. ago Man suffers serious injuries in weekend shooting: London police

London police were investigating a shooting that left a man with serious injuries. Officers were notified a man had arrived at a local hospital with a serious but non-life-threatening gunshot wound shortly after 8:30 a.m. on Saturday. The investigation is in its early stages, police say, and investigators are asking anyone who may have information […]

Events

26 h. ago Letters April 13: Carney copies best from Conservatives, worst from Trudeau Liberals

Who should start the playoffs for the Oilers? VOTE IN OUR DAILY ONLINE POLL! CARBON-COPY CARNEY I follow the news on the election campaigns and every policy that Pierre Poilievre announces, Carbon Copy Carney announces the same policy shortly after, and claims that it was his all along. He’s very adept at dodging questions (sound […]

Politics

40 h. ago Smith defends directing auditor general's procurement investigation to lawyers

Having questions on contentious medical procurement from Alberta’s auditor general screened by government-contracted lawyers isn’t stonewalling but an effort to enhance efficiency, Premier Danielle Smith said Saturday. In a memo leaked to Postmedia, a senior deputy minister instructs officials to redirect interview requests from the office of the auditor general to the government’s legal counsel. […]

Economics

47 h. ago Vancouver eyes major hotel policy overhaul to tackle room shortage

Without a significant boost in hotel stock, tourism organizations, including Destination Vancouver, warn the city risks losing out on billions in economic activity.

Politics

49 h. ago Bar owner speaks out on death of patron who allegedly had 17 beers

WOODSTOCK – A Woodstock bar owner says she won’t fight a proposal by Ontario’s alcohol regulator to ban the sale of booze at the bar for two months after the agency investigated the death of a patron who allegedly was served 17 beers. The Alcohol and Gaming Commission of Ontario said Thursday it had issued […]

Events

53 h. ago EU Should Use Frozen Russian Assets to Boost Defense, Spain Says

Spain proposed setting up a new defense fund to provide non-refundable grants to beef up Europe’s defense lines and provide support for Ukraine using Russia’s immobilized central bank assets.

Events

62 h. ago Investigate City of Richmond’s purchase of $450K in gift cards, critic says

There are calls for an investigation into the use of restaurant gift cards by the City of Richmond.

Economics

62 h. ago Vancouver deputy police chief tapped as Victoria’s next top cop

Fiona Wilson is a 26-year veteran of the VPD, where she started with roles including patrolling the Downtown Eastside and as an investigator in the Sex Crimes Unit.

Events