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Text of the Bank of Canada's latest interest rate decision
OTTAWA — The Bank of Canada cut its key policy rate by 50 basis points on Wednesday to take it to 3.25 per cent. Here is the text of the central bank's decision: The Bank of Canada today reduced its target for the overnight rate to 3.
Dec 11, 2024 6:57 AM
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In the news today: BoC expected to cut interest rates again today
Here is a roundup of stories from The Canadian Press designed to bring you up to speed...
Dec 11, 2024 1:15 AM
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AI pioneer Geoffrey Hinton receives Nobel Prize in physics in proud moment for U of T
TORONTO — When Geoffrey Hinton strode across the Stockholm Concert Hall stage Tuesday to receive his Nobel Prize for physics from King Carl XVI Gustaf of Sweden, he was beaming.
Dec 10, 2024 7:36 PM
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Trudeau highlights Kamala Harris presidential defeat as an attack on women's progress
OTTAWA — Prime Minister Justin Trudeau says women's rights and women's progress is under attack, pointing to the recent defeat of U.S. presidential candidate Kamala Harris as an example.
Dec 10, 2024 7:15 PM
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TikTok files legal challenge of federal government's shutdown order
TikTok is challenging the federal government’s order to shut down its operations in Canada, claiming it will eliminate hundreds of jobs and potentially terminate a quarter of a million contracts that it has with Canadian advertising clients.
Dec 10, 2024 6:06 PM
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MPs approve $21.6B in supplementary spending; Conservatives vote against
OTTAWA — Parliament has approved $21.6 billion in government spending, in a late Tuesday vote in the House of Commons.
Dec 10, 2024 5:47 PM
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Union in B.C. port dispute seeks judicial review of federal back-to-work order
VANCOUVER — The union representing British Columbia port supervisors in a dispute with their employers has applied for a judicial review of federal Labour Minister Steven MacKinnon's decision last month to order them back to work.
Dec 10, 2024 5:44 PM
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Summer wildfire that hit Jasper, Alta., tops Environment Canada 2024 weather list
A wildfire that left a third of the popular Rocky Mountain tourist town of Jasper, Alta., in ashes and forced tens of thousands to flee is Environment and Climate Change Canada’s most impactful weather story of 2024.
Dec 10, 2024 4:31 PM
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'Are they going to walk away?': Charges 10 years after B.C.'s Mount Polley disaster
Doug Watt won't forget the sound of a tailings pond collapsing at the Mount Polley Mine more than 10 years ago, sending millions of cubic metres of waste into waterways in the British Columbia Interior. “I went outside, and you could hear the roar.
Dec 10, 2024 4:27 PM
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A look at Environment Canada's top 10 weather events for 2024
Environment Canada has released its annual list of top 10 weather events. Here's the list for 2024, ranked mainly on severity, human and economic impact, the extent of the area affected and the event’s longevity as a top news story: 1.
Dec 10, 2024 4:23 PM
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