Canadian homeowners continue to face risks from a looming shock in mortgage renewals, even as the Bank of Canada lowers its benchmark interest rate, a report released Monday warns. The Canada Mortgage and Housing Corp. (CMHC) said Monday that the mortgage delinquency rate — the proportion of Canadians who have missed payments on their mortgage…
Alberta Premier Danielle Smith did not mince words over Ottawa’s new greenhouse gas emissions cap announced Monday. “I’m pissed — I’m absolutely angry,” Smith said at a news conference. “We’ve been working with these guys for two years because we have a plan that would reduce emissions responsibly by 2050 and they continue to act…
The RCMP is warning parents to stay vigilant this Halloween after a needle was recently found in candy at a Newfoundland trick-or-treat event, and illegal cannabis-laced treats, disguised to look like popular brands, were discovered on Vancouver Island. Newfoundland and Labrador RCMP took to social media on Oct. 26 stating that a needle was found…
Descrease article font size Increase article font size The Canada Revenue Agency is getting out ahead of the confusion stoked by an eleventh-hour reversal on bare trust tax reporting requirements last year. The CRA said Tuesday that it is extending an exemption to the reporting of bare trusts for the 2024 tax year. That means…
Canada has a lot to feel anxious about as the U.S. presidential election draws to a close, but a former diplomat between the two countries says he’s particularly worried about “chaos” after the vote — including the “fairly high” potential for violence. David MacNaughton, who served as Canada’s ambassador to the U.S. from 2016 to…
Descrease article font size Increase article font size Air Canada raised its annual core profit forecast on Friday, as the country’s largest carrier benefits from strong demand for international travel and lower jet fuel prices. Major North American carriers with international operations are cashing in on a booming demand for overseas travel and a resurgence…
With the end of daylight saving time approaching, many look forward to the blissful extra hour of sleep. But for parents of early risers, “falling back” can mean waking up even earlier, as kids adjust to their new schedule, turning those extra z’s into a daily struggle. Daylight saving time will end on Nov. 3…
Don’t be surprised if you’re stuck behind a chocolate lab, a Scottish fold and a guinea pig when you’re picking up cold medication at the pharmacy in the years ahead. A push from the Competition Bureau would see the distribution of pet medications expanded beyond veterinarian offices in a move the competition watchdog claims could…
Canadians engrossed in the drama of the U.S. presidential election expect to gather in bars and living rooms to watch the votes roll in Tuesday, but many say the usual fanfare of watch parties will be muted by anxiety over the especially combative race. Dustin Herberman of Vaughan, Ont., says he’ll follow the results with…
Descrease article font size Increase article font size A million Canadians have received care under the federal dental-care plan six months after the program began, Health Minister Mark Holland said Thursday. Starting on Friday, the program will also cover more complex procedures. That means people who have coverage under the federal program can request pre-authorization…
