The Bank of Canada raised its benchmark interest rate by 25 basis points to 1.25 percent Wednesday, pointing to sustained growth in the G7 economy and inflation that is closer to the country's target.
For 2018, the central bank put GDP growth at 2.2 percent, slowing to 1.6 percent in 2019 -- a slower pace than the estimated 3.0 percentRead more
A Lebanese-Canadian academic accused over the deadly 1980 bombing of a Paris synagogue is to be freed from custody after the case was dismissed for lack of evidence, legal sources said Friday.
In a decision seen by AFP the French magistrates leading the investigation said the evidence against Hassan Diab, who was extradited from Canada in 2014, was "not convincingRead more
The eastern United States and Canada froze Saturday (Jan 6) under record-breaking low temperatures following a deadly winter storm as New York's flagship airport descended into chaos, battling to contain flight backlog.
In Canada, temperatures approaching minus 50 degrees Celsius were forecast in northern Ontario and Quebec.
Arctic blasts and dangerously cold wind chills could make it feel asRead more
Airports have been struggling to cope with a backlog of flights, as record-breaking temperatures continue to freeze parts of the US and Canada.
The region is in the grip of an Arctic blast with a storm that has brought snow, hurricane-force winds and coastal flooding.
Temperatures have been so cold that some authorities have warned residents that they risk frostbiteRead more
A Canadian man freed in 2017 nearly five years after being abducted in Afghanistan has been arrested in Ottawa and faces several charges, including assault and forcible confinement, his lawyer said on Tuesday.
Joshua Boyle, his wife Caitlin Coleman and three children arrived back in Canada last October. At the time he said one of his children had been murderedRead more
The Canadian government has expressed support for people protesting in Iran on Monday as mass demonstrations enter their fifth day across the country.
“Canada is encouraged by the Iranian people who are exercising their basic right to protest peacefully,” Global Affairs Canada said in a written statement that also called on Iranian authorities to “honor democratic and human rights”.
“CanadaRead more
Volodymyr Korkosh steps on the accelerator and his jeep lurches forward, jumping through deep water-filled ditches. "We often come too late by just two to three minutes," the police officer shouts in disappointment.
His unit carries out daily raids on the outskirts of the village of Kryvytsya and nearby settlements in northwestern Ukraine's Rivne region, aimed at catching locals red-handedRead more
US trade officials are expected to confirm massive tariffs on Bombardier planes Tuesday in a case that has inflamed relations between Washington and Ottawa.
The trade dispute stems from a complaint by US aerospace giant Boeing against its Canadian rival that found a receptive ear in President Donald Trump, whose "America First" agenda has included taking a tough line in matters of internationalRead more
Audi is recalling more than 52,000 luxury cars in the US and Canada to fix fuel lines that can leak and increase the risk of a fire.
The recall covers certain A6 and A7 cars from the 2012 through 2014 model years.
The Volkswagen luxury brand said in government documents that the fuel lines have a compression point to makeRead more
Facebook on Tuesday added a way for people to know when their pictures are posted anywhere on the leading social network.
The notifications will rely on optional new tools that tap into face-recognition capabilities and already suggest friends to "tag" in pictures uploaded to Facebook.
Users will now get word when their images pop up at the social network, according toRead more