News

Liberal government’s Throne Speech passes as Carney survives first major test of confidence
The minority Liberal government’s Speech from the Throne has passed, meaning Prime Minister Mark Carney has survived its ...
Elon Musk, hardline U.S. Republicans demand changes to Trump tax and spending bill
Opponents are pushing for deeper reductions in government outlays after the CBO estimated the bill would add about ...
Bank of Canada holds key interest rate steady at 2.75% in face of changing U.S. trade policy
Interest rate swaps markets, which capture market expectations of monetary policy, put the odds of a quarter-point cut today ...
Bank of Canada holds key interest rate at 2.75%, cites ‘unusual uncertainty’
The second consecutive hold was in line with market expectations. Officials say potential rate cuts are ahead if tariffs ...
Wildfires force upwards of 30,000 people to flee in Saskatchewan and Manitoba
Across the country, more than 200 wildfires are burning, mostly in Western Canada. As of Wednesday, Saskatchewan and Manitoba have evacuated upwards of 30,000 people, with both provinces under states ...
Trump’s tariffs would shrink U.S. economy, raise inflation despite cutting deficits, CBO says
The Congressional Budget Office report predicted that the tariffs would reduce long-run GDP by about 6 per cent and wages by 5 per cent ...