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Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy

Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy

Mar 12, 2025 | 10:05am
The Bank of Canada cut its benchmark interest rate by a quarter point as it warns trade uncertainty is already hurting the Canadian economy. The move marks the central bank’s seventh consecutive interest rate cut and brings its key rate down to 2.75 per cent. While inflation has been well-behaved and the economy was picking […]
John Cairns’ News Watch: Trump tariff situation causing ‘whiplash’

John Cairns’ News Watch: Trump tariff situation causing ‘whiplash’

Mar 11, 2025 | 10:02am
REGINA – For the umpteenth day in a row I am writing about tariffs, and this time I’m doing it on a day when the American stock market is tanking again. The Dow Jones dropped almost 900 points Monday due to recession fears. All the talk on the financial news down there in the USA […]
Trump downplays business concerns about uncertainty from his tariffs

Trump downplays business concerns about uncertainty from his tariffs

Mar 10, 2025 | 10:53am
President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices and isn’t ruling out the possibility of a recession this year. Also, Secretary of State Marco Rubio said Monday the Trump administration had finished its six-week purge of programs of the six-decade-old U.S. Agency for International […]
Mark Carney takes Liberal party leadership in landslide 1st ballot win

Mark Carney takes Liberal party leadership in landslide 1st ballot win

Mar 9, 2025 | 6:48pm
Federal Liberals elected Mark Carney to lead their party into the next election in a resounding first-ballot victory on Sunday. He beat former finance minister Chrystia Freeland, Liberal MP Karina Gould and former Liberal MP Frank Baylis by capturing 85.9 per cent of the vote. This brings an end to an unusually short, two-month long […]
Trudeau says that ‘Canada is not a given’ in farewell speech amid Trump threats

Trudeau says that ‘Canada is not a given’ in farewell speech amid Trump threats

Mar 9, 2025 | 6:42pm
Prime Minister Justin Trudeau says that freedom, democracy and Canada “are not a given” in his farewell speech to Liberals as they prepare to select a new leader. This comes as U.S. President Donald Trump threatens Canada with economic annexation and places tariffs on Canadian imports coming into the States. In Trudeau’s speech, the outgoing […]
Minimal job gains in February as unemployment rate holds at 6.6%: StatCan

Minimal job gains in February as unemployment rate holds at 6.6%: StatCan

Mar 7, 2025 | 9:02am
The Canadian labour market felt a chill in February with employment “virtually unchanged” from the month before, Statistics Canada said Friday. The Canadian economy added just 1,100 jobs last month, the agency said, well below the 76,000 jobs added in January. Economists polled by Reuters ahead of Friday had expected an increase of 20,000 new […]
Saskatchewan to stop buying U.S. alcohol during trade war: Premier Moe

Saskatchewan to stop buying U.S. alcohol during trade war: Premier Moe

Mar 6, 2025 | 7:30am
Saskatchewan Premier Scott Moe said Wednesday the province will stop purchasing American booze and work to stop buying other U.S. goods. His comments come one day after U.S. President Donald Trump imposed 25 per cent tariffs on Canadian goods, along with a 10 per cent levy on Canadian energy. Speaking to reporters in Regina, Moe said […]
Complaints about food mislabelled as products of Canada rising: CFIA

Complaints about food mislabelled as products of Canada rising: CFIA

Mar 5, 2025 | 11:08am
The Canadian Food Inspection Agency says it’s seen an increase in complaints about items mislabelled as products of Canada or missing information about their country of origin. The federal organization enforcing labelling standards on food products says the rash of complaints have come in the last few months, when Canadians were increasingly supporting local businesses […]
The Trump tariffs – how damaging could they be?

The Trump tariffs – how damaging could they be?

Mar 4, 2025 | 7:54am
REGINA – There has been such a flurry of news about President Donald Trump’s threatened tariffs on Canada that it can make your head spin.  Broad-based tariffs, reciprocal tariffs, steel and aluminum tariffs, auto tariffs — it seems like the Trump administration is threatening to impose one tariff after another on Canada and other parts […]
TeleMiracle 49 raises over $5.7M

TeleMiracle 49 raises over $5.7M

Mar 3, 2025 | 8:14am
SASKATOON—Terri Troupe-Logue grew up in a family that is passionate about giving back to the community, and that environment of volunteerism she saw from her parents is what she and her husband, Adam, passing on to their three kids—Carina, Adam and Adrian. That’s why the Birch Hills, Saskatchewan-born educator was ecstatic to be the Telemiracle […]
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