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OTTAWA — Prime Minister Mark Carney announced on Monday morning the creation of Canada’s first national sovereign wealth fund, starting with an initial endowment of $25 billion. While Carney’s so-called Canada Strong Fund will be the first Canada-wide fund of its kind, he won’t be starting completely from scratch. Five Canadian provinces and territories —…

His Majesty King Charles III and Her Majesty Queen Camilla arrived in Washington, DC, Monday for Charles’s first visit to the United States as King, following his ascension in 2022. However, the Royals won’t be seeing Charles’ son Harry, who now lives in the U.S. Here’s what to know about their itinerary. What is the…

A funeral for a 16-year-old Hamilton boy killed on the weekend is underway at Hamilton Mountain Mosque. Abrar Mechmechia, a trauma counsellor supporting the teen’s family, says the Syrian community is grieving alongside them.

Several airline executives have indicated that the current high ticket prices may become the new normal, even if cost pressures ease. The ongoing conflict in Iran has caused the price of jet fuel to surge, resulting in higher fares, route cancellations and concerns around a potential fuel shortage . According to recent research by consultancy…

They say it happened sometime between 8 p.m. Apr. 23 and 8 a.m. Apr. 24 in the marsh area of the park — and are looking to hear from anyone who’s aware of a firearm being illegally discharged.

Prime Minister Mark Carney’s government is launching a $25-billion sovereign wealth fund to participate alongside private funds in the country’s nation-building projects. The fund will be designed to help propel priority infrastructure projects already identified, but will go beyond that and allow Canadians to contribute and have a stake in the fund, which is expected…

OTTAWA — Alexandre Boulerice, the NDP’s lone Quebec MP, has announced he will be seeking the nomination for Québec solidaire (QS) in the Montreal riding of Gouin and that he will be sitting as an independent MP until the election set to happen in the fall. That means that Mark Carney’s Liberals will have to…

OTTAWA — Prime Minister Mark Carney announced the creation of a sovereign wealth fund one day ahead of his government’s spring fiscal update, with an initial endowment of $25 billion. “We’re proud to announce a new pillar of our plan, the Canada Strong Fund — Canada’s first national sovereign wealth fund,” said Carney, during a…

Early signs of softening discretionary spending amid higher fuel prices, continued tensions in the Middle East and trade uncertainties are likely to keep the Bank of Canada from changing its key overnight interest rate on Wednesday. If, as widely anticipated by economists, the bank leaves the rate unchanged at 2.25 per cent, it would mark…

The girl fell from the window of an apartment building in North York Sunday evening, police say. They say they are investigating, but the fall does not appear suspicious.