Bank of Canada holds key interest rate steady at 2.75%
June 4, 2025
The Bank of Canada held its benchmark interest rate steady at 2.75 per cent as policymakers keep waiting for more clarity on how tariffs will impact the economy. Bank of Canada governor Tiff Macklem noted there have been positive developments on the tariff front since the central bank’s April decision, but trade restrictions remain and new import duties are still being threatened.
Unpublished Newswire
Canada won the inaugural Canadian Shield Tournament on Tuesday night despite losing to African champion Ivory Coast 5-4 in a penalty shootout. The 30th-ranked Canadian men finished with four points, one ahead of No. 86 New Zealand and No. 25 Ukraine and two ahead of No. 41 Ivory Coast.
June 10, 2025 - 23:56 | | CBC News - Canada
Federal officials are warning that prolonged heat waves and lower-than-normal precipitation are expected to create conditions ripe for wildfires this summer, with hundreds already burning from Northwestern Ontario to British Columbia.A new wildfire this week has threatened Squamish, B.C. – often called Canada’s outdoor recreation capital – adding to more than 225 wildfires across the country, at least 102 of which are deemed out of control.
June 10, 2025 - 22:16 | Temur Durrani | The Globe and Mail
A former British soldier was sentenced on Tuesday to more than four years in prison for the manslaughter of a Winnipeg businessman in a Toronto bar in August 2023.
June 10, 2025 - 21:42 | | CBC News - Canada
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