Canada's year-over-year inflation rate slowed to 7.6 per cent in July, with the deceleration largely driven by a decline in gas prices. The inflation rate hit a nearly 40-year-high of 8.1 per cent in June, but economists were widely expecting inflation to have since slowed.
The next time the Bank of Canada raises interest rates on the scheduled date of September 7, 2022, it could potentially trigger a recession. Although there may be a chance that we don’t enter into a recession and the BoC is still hoping for a soft landing, it’s best to be prepared. Contributor Christopher Liew explains how.
Explosions and fires ripped through an ammunition depot in Russia-annexed Crimea on Tuesday in the second suspected Ukrainian attack on the peninsula in just over a week, forcing the evacuation of more than 3,000 people.
One-quarter of front line employees surveyed at Canada's border agency said they had directly witnessed a colleague discriminate against a traveller in the previous two years.
Minister of Families, Children and Social Development of Canada Karina Gould is discouraging people from making fake travel plans just to skip the line of those waiting for passports.
A walrus named Freya — who attracted huge crowds in Norway — was put down due to public safety concerns. Joy Malbon reports.