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Many economists are expecting that July inflation data coming this week won’t dissuade the Bank of Canada from another interest rate cut at its next decision in September. Tuesday’s release of July consumer price index figures from Statistics Canada will be the central bank’s last look at the latest inflation …
Read More »Tropical storm Debby’s last gasps will hit Canada. Here’s where
Large parts of Ontario and Quebec are expected to experience heavy rainfall this week as remnants of tropical storm Debby make their way from the United States into Canada, scientists at Environment and Climate Change Canada said on Thursday. The storm, which is currently over the Carolinas, is expected to …
Read More »The loonie is faltering. Here’s why the U.S. Fed might provide a lift – National
Canadians may have noticed the value of their dollar dwindling ever since the Bank of Canada’s latest interest rate cut last week. But it’s a decision from the U.S. Federal Reserve coming up this week that could have more of a say in whether the loonie holds pat for the …
Read More »CrowdStrike outage hits Canadian hospitals and clinics impacted. Here’s where
A widespread technology outage on Friday, seemingly linked to issues at global cybersecurity firm CrowdStrike and Microsoft, disrupted operations at airports, airlines, banks and even hospitals, including several in Canada. A software update by CrowdStrike appeared to have triggered systems problems across the world, and many hospitals said they were …
Read More »Young people are choosing to stay single and loving it. Here’s why – National
Young people today are not only more likely to be single than previous generations but also seem perfectly content with their single status, a new study found. The study published earlier this month in the Personality and Social Psychology Bulletin said people aged 14 to 20 years are now more …
Read More »Game-changing technique could boost organ transplants in Canada. Here’s how – National
A medical team in London, Ont., has achieved a Canadian first: a groundbreaking technique that boosts the viability of donor organs. This breakthrough offers new hope for transplant patients by significantly increasing the pool of available organs, potentially saving countless lives. The technique, called abdominal normothermic regional perfusion (A-NRP), works …
Read More »Ontario is looking for a temporary science centre. Here’s what we know about the plan
The Ford government says it plans to keep a smaller, temporary science centre open for as long as five years while it builds a new site for the shuttered attraction at Ontario Place. The province had to look for a new science centre immediately after the abrupt closure of the …
Read More »Some provinces are banning cellphones in classes. Here’s where and when
School is almost out for many students in Canada, but though the first day of the new year is months away the classroom may look different when it comes as more provinces announce restrictions on cellphone use in schools that are expected to start this fall. As of June, there …
Read More »Capital gains changes set to be introduced Monday. Here’s what to expect – National
The Liberal government is set to introduce proposed changes to capital gains taxes in Canada. Finance Minister and Deputy Prime Minister Chrystia Freeland announced on Sunday that the long-awaited changes, which were originally part of the 2024 federal budget, would be coming Monday. The proposal, which has spurred a wave …
Read More »Here’s where Canada’s first Shake Shack will open in downtown Toronto
When Shake Shack crosses the border into Canada later this year, it will make its debut at one of the country’s most prominent intersections with a menu largely borrowing from what it serves in the U.S. The fast-food company’s first Canadian location will take over the northeast corner of Yonge-Dundas …
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