National News
Bank of Canada lowers key interest rate but signals cuts may be done
By Canadian Press on October 29th, 2025
OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point Wednesday and signalled it may be satisfied with where the policy rate sits amid ongoing U.S. trade uncertainty. The central bank’s key rate now stands at 2.25 per cent after a second consecutive cut. Bank of Canada governor Tiff Macklem ... Read More »
Be the first to comment!U.S. ambassador should apologize to Ontario rep over reported tirade: Ford
By Canadian Press on October 29th, 2025
TORONTO — Ontario Premier Doug Ford says the U.S. ambassador to Canada should apologize to Ontario’s representative in Washington after sources say he shouted profanely about the province’s anti-tariff ad. Sources who spoke to trade representative David Paterson after the incident at an event Monday in Ottawa but were not authorized to speak about it ... Read More »
Be the first to comment!Former senator Don Meredith found not guilty of sexual assault, criminal harassment
By Canadian Press on October 29th, 2025
OTTAWA — Former Conservative senator Don Meredith was found not guilty on all counts in an Ottawa courtroom this morning. Meredith was charged with three counts of sexual assault and one count of criminal harassment. Police said the charges related to allegations made by an adult woman about incidents in 2013 and 2014. Meredith is ... Read More »
Be the first to comment!Canada Post cutting management jobs as part of restructuring
By Canadian Press on October 29th, 2025
OTTAWA — Canada Post is laying off an unspecified number of managers as part of a corporate restructuring that began earlier this year. In a message to workers, Canada Post chief executive Doug Ettinger said employees were informed earlier this week of the changes as the mail carrier begins work on a major transformation to ... Read More »
1 responseCP NewsAlert: Former senator Don Meredith found not guilty of sexual assault
By Canadian Press on October 29th, 2025
OTTAWA — Former Conservative senator Don Meredith was found not guilty on all counts in an Ottawa courtroom this morning. Meredith was charged with three counts of sexual assault and one count of criminal harassment. The charges related to allegations made by an adult woman about incidents in 2013 and 2014, police said. More coming. ... Read More »
Be the first to comment!Saab considers Canada as site for Gripen jet assembly to meet demand from Ukraine
By Canadian Press on October 29th, 2025
OTTAWA — Swedish aerospace giant Saab is considering Canada as a place to assemble Gripen fighter jets as it moves to quickly ramp up production to meet the demand from Ukraine. Saab’s CEO Micael Johansson said in recent interviews with financial news publications that Kyiv’s interest in purchasing more than 100 Gripen fighter jets would ... Read More »
Be the first to comment!‘Why did you not warn us’: Frustration for B.C. land owners at Cowichan case meeting
By Canadian Press on October 29th, 2025
RICHMOND — Residents of Richmond, B.C., asked why they weren’t told sooner about potential risks to their property rights at a tense meeting with officials over the impact of the landmark Cowichan Tribes Aboriginal title ruling. Tensions and frustrations ran high at the public information meeting at the Sheraton Vancouver Airport Hotel on Tuesday night, ... Read More »
Be the first to comment!Canada Post cutting jobs as part of restructuring started earlier this year
By Canadian Press on October 29th, 2025
OTTAWA — Canada Post is laying off an unspecified number of staff as part of a corporate restructuring which began earlier this year. In a message to workers, Canada Post chief executive Doug Ettinger says employees were informed earlier this week of the changes as the mail carrier begins work on a major transformation to ... Read More »
Be the first to comment!Bank of Canada lowers key interest rate to 2.25% in second straight cut
By Canadian Press on October 29th, 2025
OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point Wednesday and signalled it may be satisfied with where the policy rate sits amid ongoing U.S. trade uncertainty. The central bank’s key rate now stands at 2.25 per cent after a second consecutive cut. Bank of Canada governor Tiff Macklem ... Read More »
Be the first to comment!Bank of Canada cuts key interest rate to 2.25% in second straight drop
By Canadian Press on October 29th, 2025
OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point today and is signaling it may be satisfied with where the policy rate stands amid ongoing U.S. trade uncertainty. The central bank’s key rate now sits at 2.25 per cent after a second consecutive cut. Bank of Canada governor Tiff ... Read More »
Be the first to comment!CP NewsAlert: Bank of Canada cuts key rate to 2.25% in second straight drop
By Canadian Press on October 29th, 2025
OTTAWA — The Bank of Canada has lowered its benchmark interest rate by a quarter point to 2.25 per cent, marking its second cut in a row. The central bank is signaling its policy rate might now be at the right level to guide the economy through U.S. tariff disruptions but cautions that the outlook ... Read More »
Be the first to comment!
