5 things to know on Wednesday, January 20, 2016
Published Wednesday, January 20, 2016 6:46AM EST
It's Wednesday and CTV News has gathered the day's top stories. Here are the five things you need to know: Prime Minister Justin Trudeau is in Davos, Switzerland to pitch investing in Canada; the Bank of Canada will announce its decision on a key interest rate; a Quebec mayor is worried about an abandoned ship and its potential to harm the environment; Canada is considering waiving loan repayments from Syrian refugees; and Donald Trump has a new, big name supporter.
And for "Dream Big Wednesday," the story of a B.C. man who has built mobile home fuelled by vegetable oil and solar power.
1. Pitching Canada: Prime Minister Justin Trudeau is in Davos, Switzerland today to pitch investing in Canada to attendees of the World Economic Forum. His speech to investors will reportedly position Canada as a safe place to invest amid global economic uncertainty.
2. Interest rate: The Bank of Canada will announce its decision on a key interest rate later today. If it were to be lowered, it would bring the interest rate to a level not seen since 2009.
3. Abandoned ship: The mayor of Beauharnois, Que. said on Tuesday that he is worried that an abandoned bulk carrier anchored in Lake Saint-Louis could sink, and eventually leak toxic materials into Montreal's drinking-water supply. The Mexico-based owners of the vessel have declared bankruptcy and stopped paying the company hired to keep it afloat, and they have since abandoned the site.
4. Waiving loans: Canada's Minister of Immigration, Refugees and Citizenship says the government is considering waiving loan repayments for Syrian refugees who arrived in Canada before the Liberals were in power.
5. Palin backs Trump: Republican presidential front-runner Donald Trump got a major endorsement on Tuesday, when Sarah Palin, backed the billionaire businessman. The former Alaska governor, and former running mate of Sen. John McCain in his 2008 White House bid, said that a Trump presidency would see "no more pussy-footing around."
And one more thing for Dream Big Wednesday... If you could pack up your belongings, move into a refurbished school bus and hit the road, would you? A British Columbia man says he's almost ready to live out that childhood dream. He's converted an old Blue Bird school bus so it'll run on vegetable oil, and now he wants to travel across Canada performing circus acts.