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Wildfires in Northern Ontario grew so wide and fierce that they turned skies across the province a smoky shade of orange, while a CN Rail train could be seen travelling through a burning, hellish landscape. “This could potentially overtake us here, this has gotten a little scary,” says an engineer in a video taken inside…

While economists weren’t surprised by the Bank of Canada ’s decision to hold its benchmark interest rate at 2.25 per cent on Wednesday, several took note of its cautiously upbeat messaging. Will it be enough to move the central bank out of neutral this year? Here’s what economists had to say about the latest decision…

OTTAWA — Prime Minister Mark Carney has no intention of reviving a Liberal caucus in the Senate but is prepared to beef up Conservative ranks in the upper chamber, said the government’s representative in the Senate, Pierre Moreau. In an interview with National Post, Moreau said that he has been in discussions with Carney’s office…

Earl Davis talks about the Bank of Canada , Federal Reserve and the state of the economies on both sides of the border. New Fed chair a ‘wildcard’ for mortgage borrowers Airlines are filling planes with passengers paying top dollar — but for how long? FP Video explores

A teenager who stabbed a retired kindergarten teacher to death at random as she raked leaves in her yard in an Ontario suburb said he was determined to kill someone that day “to escape his old life” and to assume an alter ego based on a fictional serial killer, court heard. The boy, 14 years…

A Canadian woman who allegedly slapped a teenager wearing Trump-branded clothing is reportedly in custody by U.S. Immigration and Customs Enforcement (ICE), according to local news sources in New Jersey. Kaitlyn E. Tracey, 33, a Canadian reportedly married to an American named Matthew Geroni, allegedly recorded herself confronting a group of four teenaged girls on…

Here’s the Bank of Canada’s official statement for its rate decision: The Bank of Canada today held its target for the overnight rate at 2.25 per cent, with the Bank Rate at 2.5 per cent and the deposit rate at 2.20 per cent. Canada’s economy is showing signs of improvement. Growth is picking up and…

U.S. Central Command announced on Wednesday that it had carried out renewed airstrikes against Iranian regime targets. The daytime attacks, which lasted some 90 minutes, “further degraded Iran’s ability to attack commercial shipping in the Strait of Hormuz,” CENTCOM stated. Targets included coastal defense systems, as well as cruise missile storage and launch sites on…

Insolvencies are “stabilizing” overall after shooting up from the pandemic lows, but that is masking a deteriorating situation in some provinces where consumer debt is especially high, says a new report. “Insolvencies have been relatively stable since July 2025,” Charles St-Arnaud, chief economist at Edmonton-based Servus Credit Union, said. “But this situation hides some deterioration…

The Bank of Canada held its benchmark interest rate at 2.25 per cent Wednesday as widely expected by markets and economists. This marks the sixth consecutive meeting the central bank has left borrowing costs unchanged. Its last move was in October, 2025 when it cut its rate by 25 basis points. More to come ……