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The Canadian Press has been Canada's trusted national news agency for more than 100 years, a news source and leader in providing real-time, bilingual multimedia stories across print, broadcast and digital platforms. Through words, photos, graphics, audio and video, more than 180 journalists cover news stories that impact Canadians with fairness, compassion, accuracy and taste. CP, a for-profit enterprise owned jointly by three of Canada's largest media companies, gives Canadians an authentic, unbiased source, driven by truth, accuracy and timeliness. More details about CP's news principles are available here. CP is a Trust Project News Partner.
Interest rates expected to drop by quarter-point today
That would bring the Bank of Canada's key rate down to three per cent and mark its sixth straight decrease.
Former priest guilty of indecent assaults of Nunavut children
A Catholic priest's sexual abuse of Inuit children decades ago in Igloolik, Nvt., transformed a once friendly and trusting hamlet into a place marred by anger and addiction, court heard Thursday.
Freeland says she'll dump capital gains tax change because of Trump
As finance minister, Freeland hiked the capital gains tax inclusion rate in the federal budget less than a year ago, increasing the share of capital gains on which individuals or corporations have to pay tax. At the time, she said it was a matter of "tax fairness" to ask wealthier people and corporations to pay a bit more to help the government pay for essential investments in things like health care and child care.
Alberta premier and many others cut out of Trump inauguration ceremony
Extreme cold has forced the ceremony inside to the Capitol Rotunda, meaning many ticketed guests, including Smith will not be able to attend.
Ontario residents to shiver in extreme cold until Wednesday
Environment Canada says the vast majority of Ontario is under prolonged extreme cold warnings, with wind chill values hovering around -40 degrees in many areas.
First carbon rebate of the year goes out today but the future of the tax is shaky
For a family of four, the rebate will pay out anywhere from $190 in New Brunswick to $450 in Alberta, with people in small and rural communities receiving a 20 per cent boost to their rebates.
Dozens of firefighters from Alberta and B.C. to aid California crews
Emergency Preparedness Minister Harjit Sajjan says in a social media post that 60 firefighters from the two provinces will be deployed as soon as Monday, and that Canadian officials are working to identify and prepare more resources to send in the days ahead.
The field of high-profile Liberal leadership prospects is shrinking
Former Bank of Canada governor Mark Carney is expected to launch his bid to replace Prime Minister Justin Trudeau after signalling plans through his campaign team.
Mark Carney expresses interest in Liberal leadership as candidates weigh their options
The former Bank of Canada governor issued a statement Monday evening saying he is encouraged by support he has heard, and that he's considering his decision with family over the next few days.
Justin Trudeau expected to resign as Liberal Party leader this week: Globe and Mail
Trudeau has faced mounting calls for his resignation from MPs in his caucus as public opinion polls have continued to put the governing Liberals trailing far behind the Conservatives.