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As Catherine McDonald reports, legal experts say, despite the judge telling jurors that she doesn’t think there’s evidence to support the crown’s case for murder, the jury are the triers of facts.

The Federal Reserve on Wednesday emphasized that inflation has remained stubbornly high in recent months and said it doesn’t plan to cut interest rates until it has “greater confidence” that price increases are slowing sustainably to its two per cent target. “In recent months,” Chair Jerome Powell said at a news conference, “inflation has shown...

Canada’s annual inflation rate rose slightly last month, accelerated largely by higher gas prices, data showed Tuesday. Statistics Canada reported that the overall inflation rate in the country was 2.9 per cent year-over-year in March, up from 2.8 per cent the previous month. Governor of the Bank of Canada Tiff Macklem weighed-in on the data,...

The Bank of Canada held its benchmark interest rate steady on Wednesday amid signs that inflation is easing. Asked about whether an interest rate cut in June was on the table, governor Tiff Macklem said it was “in the realm of possibilities.”

U.S. Federal Reserve officials say they anticipate three interest rate cuts this year, despite inflation rising in January and February. Nivrita Ganguly has the details in Business Matters for Thursday, March 21, 2024.

Canada’s central bank left its benchmark interest rate unchanged at five per cent on Wednesday, choosing to hold the line on interest rates for the fifth decision in a row. The move was widely expected by economists and the central bank and governor Tiff Macklem said it was “too early” to cut interest rates until...

On this day, 45 years ago, a rookie cop nearly lost his life in the line of duty. The retired superintendent was the face of the RCMP in B.C. in the late 90’s. It was only many years later he realized the significance of April 14th. Angela Jung has his story, and first a warning,...

The latest Bank of Canada deliberations suggest that rate cuts may not be imminent and that the risk of lowering its benchmark interest rate too soon is reflected in the central bank’s hawkish tone. In Business Matters for Thursday Feb. 8., Anne Gaviola has more on why interest rate cuts may not be imminent.

Budget talks resumed in Peterborough County Council chambers Wednesday morning. Councillors went back and forth to try and reduce the proposed 6.6 per cent tax levy. Robert Lothian reports.

Prime Minister Justin Trudeau has given his highly anticipated testimony for the first time at the foreign interference inquiry. What Trudeau says he knew and when about allegations of Chinese meddling; what CSIS told him; and why he chose not to take action. The Bank of Canada is holding its key interest rate at five...

In its first interest rate decision of 2024, the Bank of Canada held steady at five per cent on Wednesday, saying it needs more time for monetary policy to bring inflation down. Still, as Nivrita Ganguly reports, economists say that first rate cut could be just a few months away.

The City of Toronto’s executive committee meeting is being held Thursday with a variety of topics on the agenda including the fate of ride share industries and the cost of the 2026 FIFA World Cup. Jaden Lee-Lincoln reports.

Canada’s inflation numbers in December were concerning enough for most analysts to postpone the hope of a cut in interest rates in March. Financial analyst Michael Campbell takes a look at why and what’s contributing to it.

Buying or selling a house in 2024? Here’s what you can expect from the Canadian housing market, as interest rates are widely expected to start falling later in the year. Anne Gaviola reports.

After making a number of changes to the 2024 draft budget, the City of Peterborough is lowering the proposed tax increase – slightly. But it does remain quite high. Robert Lothian has what those changes mean for you.

Environment Minister Steven Guilbeault said in the House of Commons on Thursday that Conservatives have “failed to understand” that provincial and business leaders across Canada were working to protect the next generation from climate change. NDP MP Taylor Bachrach later challenged Guilbeault, saying that fossil fuel emissions were rising across Canada and that an emissions...

The federal government unveiled their draft framework for an emissions cap on the oil and gas sector. The oil and gas industry, as well as the province of Alberta, criticized the federal plan as being a ‘backdoor’ production cap– while environmental groups blasted the plan for not going far enough. ‘The West Block’ host Mercedes...

The “Doggie Dates” initiative at Winnipeg’s Animal Services is bringing joy to both canines and humans, and its organizers are eager to see this heartwarming idea spread. Teagan Rasche reports.

The Bank of Canada is holding its benchmark interest rate at 5.0 per cent, a level not seen since April 2001. The central bank’s last hike was in July. Why the BoC is holding steady for now, what this says about the economy, and why some experts aren’t banking on another hike soon. The E....

The town of Osoyoos, B.C. is on edge after the Eagle Bluff wildfire, first discovered in Oroville, Washington, cross into Canada, prompting evacuation orders. How residents are reacing to the tense experience, and what could cause the wildfire to flare up again. Many struggling Canadian business owners took out loans from the federal government under...