The Bank of Canada cut its key interest rate for the first time in more than four years Wednesday, marking a major turning point in its fight against inflation. With the quarter-percentage-point cut, the central bank’s key interest rate now stands at 4.75 per cent.
A woman has been charged after allegedly stealing a taxi cab while wielding a machete. Victoria police say the woman requested a ride to several places on Friday night and when the cab driver asked her to pay up, she allegedly threatened the driver with a machete and drove off with the taxi.
The privacy commissioners of Canada and British Columbia have launched an investigation into a Victoria-based company that performs background checks on tenants and others. They say in a joint statement that Certn is being assessed to make sure it complies with the federal Personal Information Protection and Electronic Documents Act and B.C.'s Personal Information Protection Act.
The school district in Burnaby, B.C., has launched an investigation into what it says was a harmful exam that asked students to make arguments about whether Jewish people deserve or need a homeland. The question was posed by a teacher to Grade 6 and 7 students in an elementary social studies exam.
The number of homes changing hands in Metro Vancouver last month fell nearly 20 per cent from the same time last year, though new properties were coming online. Greater Vancouver Realtors says it recorded just over 27-hundred sales last month, down from 34-hundred sales recorded in May 2023.
Richmond Mounties say a woman has pleaded guilty to arson causing damage to property in relation to a series of more than 20 fires. R-C-M-P say the fires occurred between January and August 2020 and primarily involved bushes, hedges and garbage cans in residential areas.