National News
Bank of Canada rate decision too close to call after soft March inflation report
By Canadian Press on April 15th, 2025
OTTAWA — A surprise slowdown in inflation last month has turned the Bank of Canada’s interest rate decision on Wednesday into a coin toss, with some economists leaning toward a hold and others saying a cut is warranted. The annual rate of inflation slowed to 2.3 per cent in March, Statistics Canada said Tuesday, down ... Read More »
Be the first to comment!Four injured in apparent hit-and-run on TMU campus, Toronto police say
By Canadian Press on April 15th, 2025
TORONTO — Four people were injured after a vehicle crashed into multiple people on a pedestrian walkway on Toronto Metropolitan University’s downtown campus, police said. The vehicle did not remain at the scene of the crash Tuesday afternoon, police said. Paramedics say two people were sent to hospital, one with minor injuries and the other ... Read More »
Be the first to comment!Ottawa says automakers that keep building in Canada will get a tariff exemption
By Canadian Press on April 15th, 2025
WASHINGTON — Automobile companies that continue to manufacture vehicles in Canada will get an exemption from Ottawa’s retaliatory tariffs as U.S. President Donald Trump attempts to upend the North American industry through steep import duties. Federal Finance Minister François-Philippe Champagne announced Tuesday that auto manufacturers will be allowed to import a certain number of U.S.-assembled ... Read More »
1 responseOttawa says automakers that keep manufacturing in Canada will get a tariff exemption
By Canadian Press on April 15th, 2025
WASHINGTON — Automobile companies that continue to manufacture vehicles in Canada will receive an exemption from Ottawa’s retaliatory tariffs as U.S. President Donald Trump attempts to upend the North American industry through steep import duties. Federal Finance Minister François-Philippe Champagne announced Tuesday that auto manufacturers will be allowed to import a certain number of U.S.-assembled ... Read More »
1 responseCanadian university teachers warned against travelling to the United States
By Canadian Press on April 15th, 2025
HALIFAX — The association that represents academic staff at Canadian universities is warning its members against non-essential travel to the United States. The Canadian Association of University Teachers says it released updated travel advice today due to the “political landscape” created by the Trump administration and reports of some Canadians encountering difficulties while crossing the ... Read More »
Be the first to comment!Party leaders make announcements in Montreal as debate prep kicks into high gear
By Canadian Press on April 15th, 2025
OTTAWA — The main federal parties are campaigning in the Montreal area as their leaders get ready for the debates later this week — and the first face-to-face confrontation between Liberal Leader Mark Carney and Conservative Leader Pierre Poilievre. Carney is in Saint-Eustache, Que., announcing a plan to create a new training benefit for mid-career ... Read More »
Be the first to comment!Ottawa announces help for businesses hurt by U.S. tariffs
By Canadian Press on April 15th, 2025
OTTAWA — Federal Finance Minister François-Philippe Champagne has announced help for Canadian businesses affected by the trade dispute with the U.S., giving them time to adjust their supply chains. The minister says the government intends to provide temporary six-month tariff relief for goods imported from the U.S. that are used in Canadian manufacturing, processing and ... Read More »
Be the first to comment!Tariff uncertainty foils ‘slam dunk rebound year’ for national home sales: CREA
By Canadian Press on April 15th, 2025
The Canadian Real Estate Association has downgraded its forecast for home sales activity in 2025, while the number of homes that changed hands across the country in March was down 9.3 per cent compared with a year ago. The association says Canadian home sales in March also fell 4.8 per cent on a seasonally adjusted ... Read More »
Be the first to comment!Here’s a list of March inflation rates for selected Canadian cities
By Canadian Press on April 15th, 2025
OTTAWA — Canada’s annual inflation rate was 2.3 per cent in March, Statistics Canada says. The agency also released rates for major cities, but cautioned that figures may have fluctuated widely because they are based on small statistical samples (previous month in brackets): — St. John’s, N.L.: 0.8 per cent (1.1) — Charlottetown-Summerside: 1.9 per ... Read More »
Be the first to comment!Here’s a list of March inflation rates for Canadian provinces
By Canadian Press on April 15th, 2025
OTTAWA — Canada’s annual inflation rate was 2.3 per cent in March, Statistics Canada says. Here’s what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 1.1 per cent (1.2) — Prince Edward Island: 1.8 per cent (2.0) — Nova Scotia: 2.3 per cent (2.1) — New Brunswick: 1.9 per cent (2.0) ... Read More »
Be the first to comment!Inflation cooled to 2.3% in March as gas prices fell, StatCan says
By Canadian Press on April 15th, 2025
OTTAWA — Canadians got a break on inflation in March even without a tax holiday as Statistics Canada says the pace of price increases slowed last month. The agency says the annual inflation rate was 2.3 per cent in the month, down from 2.6 per cent in February. StatCan says a drop in the price ... Read More »
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