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Bank of Canada cuts benchmark mortgage rate to lowest level in three years

The Bank of Canada has cut its benchmark five-year mortgage rate to 4.79 per cent, the second cut in three months. The central bank in May had trimmed the rate to 4.94 per cent from 5.04 per cent. Three-year rates now dropped to ...

Budget watchdog says COVID-19 wage subsidy might cost less than predicted

Canada's official fiscal watchdog says the federal wage subsidy program might cost $14 billion less than the government predicted. A new report today by Parliamentary Budget Office analyst Ben Segel-Brown estimates subsidizing wa...

COVID-19 deaths in Canada rise over 9,000

There are 120,844 confirmed cases in Canada. Quebec: 60,813 confirmed (including 5,709 deaths, 53,270 resolved) Ontario: 40,289 confirmed (including 2,787 deaths, 36,590 resolved) Alberta: 11,893 confirmed (including 217 deaths, ...

Feds commit $305M in additional funds for Indigenous communities during COVID-19

The federal government has announced an additional $305 million to help Indigenous Peoples combat COVID-19.Indigenous Services Minister Marc Miller says the money is meant to help Indigenous communities prepare for emergencies an...

Trudeau, Morneau, Telford must resign, or trigger an election: Blanchet

The leader of the Bloc Quebecois is demanding the resignations of Prime Minister Justin Trudeau, Finance Minister Bill Morneau and Trudeau's chief of staff, Katie Telford. Yves-Francois Blanchet says he will try to trigger an ele...

Andrew Scheer likely marking last day in House of Commons as Opposition leader

Today's sitting of Parliament is expected to be the last one that will see Andrew Scheer in the role of Conservative leader.In addition to being an MP from Regina since 2004, he also served as the Speaker of the House of Commons ...

Lowest number of COVID-19 cases in Ontario in over 4months, the latest numbers on COVID-19 in Canada

There are 120,421 confirmed cases in Canada. Quebec: 60,718 confirmed (including 5,697 deaths, 53,135 resolved) Ontario: 40,194 confirmed (including 2,786 deaths, 36,456 resolved) Alberta: 11,772 confirmed (including 216 deaths, ...

Safety won't be compromised for vaccine, Canada's top doctors say

The chief public health officer says Canada will not cut corners to get a vaccine for COVID-19 approved. Dr. Theresa Tam says she has full confidence in Health Canada's process to approve a vaccine. She says she is cautiously opt...

Trudeau shuts down speculation that Morneau about to be fired as finance minister

Prime Minister Justin Trudeau says he has full confidence in Finance Minister Bill Morneau and that any reports to the contrary are false.Trudeau's office has taken the unusual step of issuing a statement in support of Morneau in ...

Latest News

After winning presidential election, Donald Trump met Joe Biden

After winning the U.S. presidential election, Donald Trump arrived at the White House today to meet President Biden. The two leaders shook hands during the meeting, and Biden congratulated Trump on his victory. He also reiterated ...

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