Inflation is back at the coveted two per cent annual rate. Wage hikes have outpaced inflation for 19 months in a row.The Bank of Canada is three rate cuts into an easing cycle, with no signs of stopping anytime soon.The recent run of positive economic news had the Liberal government — long challenged by an
CN Rail’s decision to pull operations out of the Rocky Mountain tourist town of Jasper will have a devastating impact on local families, Mayor Richard Ireland said. The company announced this week it aims to transfer its operations from Jasper to Hinton about 100 kilometres east in Alberta, come September 2025.A company memo sent to
Going into November’s election, neither Kamala Harris nor Donald Trump has a decisive edge with the public on the economy, turning an issue that was once a clear strength for Trump into the equivalent of a political jump ball. About 4 in 10 registered voters say Republican Trump would do a better job handling the
Kamala Harris sat down with Oprah Winfrey in the key battleground state of Michigan Thursday for a “virtual rally” that saw a slate of A-list Hollywood stars join a live discussion via video chat to discuss issues in the upcoming U.S. presidential election. Winfrey hosted the Unite for America event, with activist group Win with
Ontario police say they have arrested four members of the Hells Angels Motorcycle Club (MC) and seized a number of firearms after an alleged assault and robbery in Hamilton in July. In a news release issued Friday morning, Ontario Provincial Police (OPP) said officers within the OPP-led biker enforcement unit (BEU) launched an investigation followinthe
Bernard Morissette has been playing the same lottery numbers for years, and after nearly forgetting, he made a purchase in the nick of time that paid off with a whopping $40 million. The retired gym teacher from Quebec’s Outaouais region was one half of a fortunate duo in a record-breaking lottery worth $80 million.The Lotto
A man is in hospital with serious injuries following a collision in Etobicoke Thursday evening. Toronto police say a motorcycle and another vehicle collided in the area of Eglinton Avenue West and Martin Grove Road. Officers got the call for the collision around 8:20 p.m. A driver involved in the incident remained at the scene
The U.S. Federal Reserve’s 50-basis-point interest rate cut on Wednesday is having ripple effects north of the border, with experts pointing to implications for both the Bank of Canada and Canadian mortgage holders. The Fed delivered an oversized step for its first interest rate cut in four years, a move that surprised many economists who
The New Democrats confirmed Thursday they won’t help Pierre Poilievre’s Conservatives topple the government next week, and intend to join the Bloc Québécois in blocking the Tories’ non-confidence motion. The planned votes from the Bloc and the New Democrats eliminate the possibility of a snap election, buying the Liberals more time to govern after a
A memorial of teddy bears and other toys has been growing on the lawn outside of a home where a five-year-old boy was found dead in Coteau-du-Lac, Que., about 55 kilometres southwest of Montreal. Grieving members of the community, which is home to about 7,400 residents, laid the plushies Wednesday night after Quebec provincial police