Around Canada

The Bank of Canada decided to raise its benchmark interest rate to 4.75 per cent on Wednesday.  Speculation had grown that central bank would raise its benchmark rate. Latest Big Banks have all moved to match rate hike, moving prime to 6.95% The Bank of Canada decided to raise its …

As wildfires continue to rage out of control in Quebec, severe levels of air pollution have prompted air quality warnings across vast portions of eastern Canada and the U.S. CBC News spoke to experts and consulted recent studies to show the potential health impacts of the smoke in the air.  …

The mayors of 23 bilingual municipalities are worried about how the language law will change residents’ access to services.  Mayors say they’re concerned about their municipalities’ futures. Twenty-three municipalities in Quebec have joined together to ask the courts to suspend parts of Quebec’s new language law, which they describe as …

A Pride flag is back flying in front of Sir Frederick Banting Secondary School in London, Ont., after a video emerged on social media of students tearing down the flag and throwing it in the garbage.  ‘There was no need to show that disrespect,’ says Sir Frederick Banting high school …

Shortly after her Bollywood debut, the Brampton, Ont., singer’s successes started piling up. Now based in Mumbai, she’s toured alongside other famous playback singers like Sonu Nigam and A.R. Rahman.  Singer relocated to Mumbai to chase opportunities in the Indian movie market. The voice behind Bollywood movie hits, playback singer …

A fisherman and business owner in Cox’s Cove, on Newfoundland’s west coast, has built his own lobster holding tank — one that can hold 48,000 pounds of the crustacean, to ensure he has more control over the selling process.  Rick Crane of Crane’s Legacy says he built the tank to …

Five of the leading candidates to be mayor squared off Tuesday at a debate hosted by CBC Toronto, sparring over their plans to build new homes, improve public safety and address the city’s deep financial challenges.  The 90-minute debate saw lively exchanges as Ana Bailão, Olivia Chow, Mitzie Hunter, Josh …

Tim Kiladze, reporter with The Globe and Mail, explains why the Northview Canadian High Yield Residential Fund — a major residential landlord in Yellowknife and Iqaluit — has seen its stock drop in value in recent months.  Financial reporter Tim Kiladze explains the ‘astonishing situation’ facing Northview. It’s been a …

People whose homes have been damaged or destroyed by the wildfire in Shelburne County could be notified as early as Tuesday night. “It’s going to be a tough time for people,” Warren MacLeod, CAO of the Municipality of the District of Shelburne, told CBC News on Tuesday. “It’s going to …

Canadian actor Elliot Page says while the idea of speaking publicly about coming out as transgender at times felt overwhelming, he believes visibility and representation is crucial. In his first Canadian interview since transitioning, Page spoke to CBC chief correspondent and host of The National Adrienne Arsenault about his journey …