Darpan News Desk The Canadian Press, 25 Oct, 2023 09:38 AM
The Bank of Canada is keeping its key interest rate at five per cent, saying there are clearer signs that monetary policy is moderating spending and relieving price pressures.
But it hasn't ruled out future rate hikes as those pressures remain high.
🔴 WATCH LIVE
Tune in as Governor Macklem and Senior Deputy Governor Rogers take questions from the media following the release of our interest rate decision and most recent forecasts for the #economy. https://t.co/xOVdGhhbIL#cdnecon
The PMO is not specifying where they will be staying, but says they are set to return to Ottawa on Aug. 18. Trudeau and his wife of 18 years, Sophie Grégoire Trudeau, announced last week that they are separating but that they still plan to spend time together as a family
A statement from the air carrier said the most recent scheduled flight from Maui to Vancouver was cancelled as access to the airport was closed. It also said a larger, and empty, plane lifted off from Vancouver Wednesday evening, bound for the island, to pick up the stranded passengers and those booked on the next regularly scheduled flight.
In 1962, then-prime minister John Diefenbaker visited Hugh Segal's school in Montreal to present the principal with a copy of the newly minted Canadian Bill of Rights. So impressed was Segal with Dief's description of Canada as a country that was open, free, democratic and based on the presumption of innocence that, at the tender age of 12, he became a lifelong Conservative.
Wildfire crews across British Columbia are keeping a close eye on the backcountry after recent lightning storms raised the potential for smouldering fires to erupt as the next hot spell arrives this weekend.
Environment Minister Steven Guilbeault released draft regulations Thursday that are designed to clean Canada's electricity grid in an affordable way by 2035. The regulations would drive up the cost of energy slightly, but federal officials say that would be offset by the savings expected to come from moving away from fossil fuels.
The fire service says in a statement that the leading cause of fires remains discarded smoking materials including matches, lighters, candles, cigarettes, and drug paraphernalia, causing nearly 60 per cent of all incidents. The fire service says it's also worried about more fires occurring in single-room occupancy buildings, as well as a notable spike in outdoor fires.