Blog

The Bank of Canada lowered its key interest rate once again on Wednesday, cutting it by 25 basis points to stand at three per cent. The quarter-point drop is smaller than what the central bank delivered in its previous two interest rate decisions, where it cut the rate by 50 basis points each time.Bank of Canada governor Tiff Macklem, in his remarks following the cut, said the move was part of its effort to restore price stability.But he also cautioned that proposed tariffs by U.S. President Donald Trump create “major uncertainty” going forward.Here’s what he had to say.Tiff Macklem: Good morning. I’m pleased to be here with senior deputy governor Carolyn Rogers to discuss our policy decision and the Monetary Policy Report (MPR). Story continues below advertisement ...

Bureaucrats working for Prime Minister Justin Trudeau had diplomats push Denmark to speed up the appointment of former cabinet minister Carolyn Bennett as ambassador to that country — a change most embassy staff learned of through a media leak. The government has not offered a rationale for asking Denmark to expedite its approval of Bennett’s appointment, which came a week before her resignation as MP. In a major upset, the Liberals lost Bennett’s former seat of Toronto-St. Paul’s in a byelection last year.The Canadian Press obtained emails through an access-to-information request showing the Privy Council had Global Affairs push Canadian diplomats multiple times to have Bennett accepted by Denmark and installed months ahead of schedule.Bennett announced in July 2023 that she would not see...

By Kelly Geraldine Malone The Canadian Press Posted January 29, 2025 7:28 am 1 min read Descrease article font size Increase article font size Foreign Affairs Minister Mélanie Joly is back in Washington, D.C., Wednesday to meet with U.S. Secretary of State Marco Rubio as Canada faces the threat of devastating tariffs landing as early as Saturday. Joly said Monday that she still believes diplomacy can fend off President Donald Trump’s plan to slap Canada with 25 per cent across-the-board duties.Joly spoke with Rubio by phone last week and described the new secretary of state as a “good interlocutor.” ...

“I cried,” it was “like being kept in captivity.” That’s how Rose Roll of Taber described her stay at the Chinook Regional Hospital in Lethbridge after she says she was moved to a bed in a storage closet.Roll claims she was also forced to find her own bedding, food, water from a vending machine and had to use a public washroom.“Inmates get treated better,” said Roll in an interview with Global News.“At least inmates get a toilet, sink and are treated with dignity.” Rose Roll, a cancer patient from Taber, Alta., says being given a bed in a storage closet at Chinook Hospital in Lethbridge was inhumane and inmates get better treatment. Global News She was admitted to the hospital on Jan. 19 so she could be closely watched while underg...

NDP Leader Jagmeet Singh on Tuesday suggested he could work with the Liberal government and other opposition parties to discuss plans to support workers impacted by U.S. President Donald Trump’s looming tariffs, but said he still plans to bring down the government at the earliest opportunity. Singh called on the Liberals to present a support plan to opposition leaders and then recall Parliament, which is currently prorogued until March 24, to pass legislation before that date.He pointed to the COVID-19 pandemic when Parliament held emergency sessions to pass relief and other financial supports.But Singh said “nothing is on the table” at the moment and currently, his position has not changed on voting non-confidence in the government quickly after Parliament returns from prorogation.“I have...