The Canadian Press

Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%

Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%

Feb 18, 2025 | 2:20pm
Economists are more confident the Bank of Canada might pause its interest rate cuts next month — tariffs notwithstanding — as Canada’s annual inflation rate ticked back up in January.  Statistics Canada’s consumer price index on Tuesday reported the annual inflation rate rose to 1.9 per cent last month, up from 1.8 per cent in […]
Oil, gas companies told to cut emissions by one-third under planned cap

Oil, gas companies told to cut emissions by one-third under planned cap

Nov 4, 2024 | 3:02pm
Oil and gas producers in Canada will be required to cut greenhouse gas emissions by about one-third over the next eight years under new regulations being published today by Environment Minister Steven Guilbeault. The regulations, still only in draft format and about two years behind schedule, could further strain relations between Ottawa and the Alberta […]
Harris-Trump US presidential debate offers different visions for America’s future

Harris-Trump US presidential debate offers different visions for America’s future

Sep 11, 2024 | 5:19am
Kamala Harris and Donald Trump made their case to American voters during a debate in Philadelphia, during which the Democratic vice president and former Republican president laid out different visions for America’s future. Tuesday’s matchup saw Harris push forcefully against the former president on his record, while also prodding at Trump’s crowd sizes and 2020 […]
Hoggard to seek bail pending attempt to appeal sexual assault conviction at top court

Hoggard to seek bail pending attempt to appeal sexual assault conviction at top court

Sep 10, 2024 | 5:13am
Canadian musician Jacob Hoggard is expected to seek bail at a court hearing today, weeks after beginning to serve his sentence for a sexual assault conviction.  The Hedley frontman filed an application seeking leave to appeal his case to the Supreme Court of Canada last week.  Hoggard was found guilty in June 2022 of sexual […]
In the news today: B.C. crews wary of winds boosting wildfires

In the news today: B.C. crews wary of winds boosting wildfires

Jul 26, 2024 | 4:50am
The B.C. Wildfire Service says winds fanned by a cold front were to blame for the rapid expansion of an out-of-control fire near Golden, B.C., and it warns of similar fire behaviour even as it brings in rains and cooler weather. The Town of Golden says the 55 square kilometre Dogtooth Forest Service Road fire […]
Bank of Canada cuts key interest rate to 4.5%

Bank of Canada cuts key interest rate to 4.5%

Jul 24, 2024 | 6:57am
The Bank of Canada cut its key interest rate for the second straight time, bringing its key rate down to 4.5 per cent. Forecasters say slowing inflation and a weak economy justified a second consecutive cut by the central bank. After a historic run-up, the central bank lowered its policy rate for the first time […]
In the news today: Interest rate cut possible this week: Economists

In the news today: Interest rate cut possible this week: Economists

Jul 22, 2024 | 4:15am
Here is a roundup of stories from The Canadian Press designed to bring you up to speed… Interest rate cut possible this week: Economists Economists and market watchers are betting the Bank of Canada will deliver another interest rate cut this week amid mounting evidence that inflation is sustainably easing. Expectations that the bank will […]
‘Hurry please’: Inquest told 92 emergency calls made during Saskatchewan rampage

‘Hurry please’: Inquest told 92 emergency calls made during Saskatchewan rampage

Jan 16, 2024 | 2:37pm
Family members hugged and wept at a coroner’s inquest after learning how a mass killer went from home to home, kicking in doors and stabbing people on a Saskatchewan First Nation. The initial calls to 911 played Tuesday at the inquest show the increasing fear of community members as Myles Sanderson, armed with a knife, […]
Better data, management of water needed for Canada’s agri-food sector: report

Better data, management of water needed for Canada’s agri-food sector: report

Oct 23, 2023 | 11:53am
The Canadian Agri-Food Policy Institute is recommending that governments across the country develop a national plan to sustainably manage and use water for the agri-food sector. In a report released Monday, the institute called for ambitious commitments from governments and partnerships with stakeholders to prioritize the critical natural resource. “Water is a strategic asset for Canada, and an increasingly […]
Carbon capture key to net-zero electricity, but federal timelines too tight: report

Carbon capture key to net-zero electricity, but federal timelines too tight: report

Oct 19, 2023 | 4:04pm
Carbon capture and storage is key to greening Canada’s electricity grid, but meeting the proposed time frame laid out by the federal government will be extremely difficult based on the current state of the technology, according to a new report.  The report also warns that if federal clean electricity regulations are too stringent, it could […]

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