National News
Quebec and Newfoundland and Labrador expected to sign Churchill Falls energy deal
By Sarah Smellie, The Canadian Press on December 11th, 2024
ST. JOHN’S, N.L. – Quebec Premier François Legault and Newfoundland and Labrador Premier Andrew Furey are scheduled to announce an energy agreement Thursday that could end decades of friction between the two provinces. Officials from both provinces have been working to negotiate a new deal surrounding the Churchill Falls hydroelectric plant in Labrador. The current ... Read More »
Be the first to comment!Complaints body probes military police’s handling of Lt.-Gen. Steven Whelan case
By Sarah Ritchie, The Canadian Press on December 11th, 2024
OTTAWA – The Military Police Complaints Commission is investigating the military’s handling of the case against a former general who was ousted from his high-ranking position after a sexual misconduct complaint in 2021. Lt.-Gen. Steven Whelan was head of the military’s personnel when a woman who had been his subordinate accused him of having an ... Read More »
Be the first to comment!Montreal snow removal towing operation ends after gunshot fired
By The Canadian Press on December 11th, 2024
Montreal police say an argument over towing during a snow-clearing operation escalated to the point where a gunshot was fired. No one was injured by the bullet, which was allegedly fired by a 39-year-old man in the city’s east-end Pointe-aux-Trembles neighbourhood. Const. Antony Dorélas says at least one shot was fired toward two victims, and ... Read More »
Be the first to comment!Quebec and Newfoundland and Labrador ready to sign Churchill Falls energy deal
By The Canadian Press on December 11th, 2024
QUEBEC – The premiers of Quebec and Newfoundland and Labrador are ready to sign an energy agreement, ending a long-running dispute over the Churchill Falls hydroelectric plant in Labrador. Quebec Premier François Legault told reporters in Quebec City today he will be in St. John’s, N.L., Thursday to announce the agreement alongside Newfoundland and Labrador ... Read More »
Be the first to comment!CP NewsAlert: Quebec and Newfoundland and Labrador ready to sign Churchill Falls deal
By The Canadian Press on December 11th, 2024
Quebec Premier François Legault and his Newfoundland and Labrador counterpart Andrew Furey are set to sign an agreement Thursday ending a long-running dispute over the Churchill Falls hydroelectric complex. Legault confirmed that he will fly to St. John’s, N.L., later today. About 15 per cent of Quebec’s electricity comes from the Churchill Falls power plant ... Read More »
Be the first to comment!BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward
By Nojoud Al Mallees, The Canadian Press on December 11th, 2024
OTTAWA – The Bank of Canada lowered its key interest rate by half a percentage point today but signalled a slower pace of rate cuts moving forward. The decision marked the fifth consecutive reduction since June and brings the central bank’s key rate down to 3.25 per cent. Forecasters were widely expecting the jumbo interest ... Read More »
Be the first to comment!Canadian Press NewsAlert: BoC delivers jumbo interest rate cut
By The Canadian Press on December 11th, 2024
OTTAWA – The Bank of Canada lowered its key interest rate by half a percentage point, bringing it to 3.25 per cent. More coming... Read More »
Be the first to comment!In the news today: BoC expected to cut interest rates again today
By The Canadian Press on December 11th, 2024
Here is a roundup of stories from The Canadian Press designed to bring you up to speed… BoC widely expected to cut interest rates today, odds leaning toward half-point cut The Bank of Canada is set to make its final interest rate announcement of the year this morning. Forecasters are widely expecting a half-percentage point ... Read More »
Be the first to comment!Tensions rising between Canada Post, union as strike nears four-week mark
By The Canadian Press on December 11th, 2024
Canada Post and the union representing postal workers are in a war of words as a countrywide strike enters its 27th day. The Canadian Union of Postal Workers pushed back on recent criticisms from Canada Post in a bulletin to members Tuesday evening, giving a list of proposals it said are meant to bring the ... Read More »
Be the first to comment!Trudeau set to speak with premiers to tackle Trump’s tariff plan
By Nick Murray, The Canadian Press on December 11th, 2024
OTTAWA – Prime Minister Justin Trudeau is set to meet with provincial and territorial premiers this afternoon to talk Canada-U.S. relations. The premiers will virtually discuss a joint plan to tackle the threat of 25 per cent tariffs on Canadian imports by incoming U.S. president Donald Trump. The meeting is the first time Trudeau will ... Read More »
Be the first to comment!BoC widely expected to cut interest rates today, odds leaning toward half-point cut
By Nojoud Al Mallees, The Canadian Press on December 11th, 2024
OTTAWA – The Bank of Canada is set to make its final interest rate announcement of the year this morning. Forecasters are widely expecting a half-percentage point interest rate cut. That would bring the Bank of Canada’s key rate down to 3.25 per cent. The November labour force survey solidified those expectations, as the latest ... Read More »
Be the first to comment!
