07:16
Bank of Canada

Bank of Canada eases key rate amid rising tariff tensions

The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday, lowering it to 2.75%, as concerns mount over inflationary pressures and weaker economic growth driven by renewed trade uncertainties and tariff threats.

02:38

Mark Carney to replace Trudeau as Canada’s prime minister

Former central banker Mark Carney has won the race to lead Canada’s ruling Liberal Party and will succeed Justin Trudeau as prime minister, official results showed on Sunday. His leadership begins at a critical time, with looming elections and rising trade tensions with the U.S.

18:30
tariff

Trump to determine exact tariff levels for Mexico, Canada on Tuesday

U.S. Commerce Secretary Howard Lutnick announced on Sunday that tariffs on imports from Mexico and Canada are scheduled to go into effect on Tuesday. However, he indicated that the final tariff rates, which could reach a planned 25%, will be set by President Donald Trump and his team.

15:02
Delta Flight Compensation

Delta offers $30,000 to passengers on plane that crashed in Toronto

Delta Air Lines is offering $30,000 to each passenger aboard Flight 4819, which crashed while attempting to land at Toronto Pearson International Airport on February 17, 2025. All 80 passengers and crew members survived the incident, with no life-threatening injuries reported.

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