Monthly Archives: April 2019

Bank Of Canada Key Interest Rate Held At 1.25%

OTTAWA — The Bank of Canada kept its key interest rate target on hold Wednesday, but hinted that rate hikes could be coming as it noted the Canadian economy was a little stronger than expected in the first quarter. The central bank held its target for the overnight rate — a key financial benchmark that […]

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Congo election runner up claims he won 62 per cent of vote

Losing Democratic Republic of Congo presidential candidate Martin Fayulu’s campaign said on Friday its tallies showed he had easily won the election ahead of the official winner announced by the electoral commission. Campaign official Fidele Babala told reporters Mr Fayulu won 61.51 percent of the vote, while president-elect Felix Tshisekedi took 18.86 percent and ruling coalition candidate […]

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Tories Dishing 'A Little Baloney' On Canada's Debt

OTTAWA — “Fact: When Fiscal Year 2018 begins on April 1, 2018, Canada’s market debt will be OVER $1 TRILLION for the first time ever. This is no April Fool’s joke. Justin Trudeau is failing Canadians.” — a Conservative ad posted April 1 on the Twitter page of Tory Leader Andrew Scheer. — The Opposition […]

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Rahaf Mohammed al-Qunun: Saudi teenager ‘very, very happy’ after arriving in Canada

A "very, very happy" Saudi teenager who caused a sensation by defying her family and seeking asylum abroad was welcomed with open arms in Toronto on Saturday at the end of a dramatic but exhausting international odyssey. Foreign Minister Chrystia Freeland greeted Rahaf Mohammed al-Qunun after she landed in Toronto, wearing a skirt, a gray […]

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Canadian Tire Buys Sportswear Maker Helly Hansen

TORONTO — Canadian Tire Corp. Ltd. has signed a deal to buy Helly Hansen, a maker of sportswear and workwear based in Norway, for $985 million. Under the deal for the company controlled by the Ontario Teachers’ Pension Plan, Canadian Tire also assume $50 million in debt. The retailer said outdoor and workwear are core […]

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Avalanche insists "Generation Zero is not and has never been intended to be a Simon Stålenhag game"

Earlier this year, Just Cause developer Avalanche announced its first self-published game: Generation Zero. Described by the studio as a sci-fi “guerilla action” game, it’s set in an alternate version of 1980s Sweden invaded by giant machines. When the game’s trailer was announced, however, some found it looked oddly familiar. On Twitter, YouTube, and Eurogamer’s […]

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Spanish conservatives sign deal with far-Right Vox party to govern Andalusia

Vox, Spain’s populist, far-Right party, on Wednesday agreed to back the conservatives’ bid to rule the southern Andalusia region jointly with the centre-right. The deal ends 37 years of Socialist rule, after the conservative Popular Party (PP) secured the support of both the centrist Ciudadanos and far-Right Vox in feverish negotiations on Wednesday. The December 2 election was won by […]

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Ontario Auditor General: Wynne Liberals Downplaying Deficits By Billions

TORONTO — Ontario’s governing Liberals, who are weeks away from an election, were dealt a blow Wednesday as the province’s auditor general said their financial statements “dramatically understate” their deficit by billions of dollars. The declaration from Auditor General Bonnie Lysyk came in a pre-election report that built on past criticism of accounting principles applied […]

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Morneau Indirectly Compares Tories To Neanderthals During Tense Committee Meeting

OTTAWA — Conservative deputy leader Lisa Raitt is accusing Finance Minister Bill Morneau of hypocrisy when it comes to budget measures aimed at boosting the equality of women and their participation in the workforce. The accusation prompted a tense exchange Monday during an appearance by the minister before the House of Commons finance committee, in […]

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US Supreme court lets Trump’s transgender troop ban take effect

The US Supreme Court has allowed the Trump administration’s restrictions on transgender people from serving in the military to take effect while court challenges continue.  The policy generally bars transgender people from the armed forces unless they serve "in their biological sex" and do not seek to undergo gender reassignment surgery.  It reverses a policy […]

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