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UPDATED | Bank of Canada warns on prolonged inflation, ends bond-buying program

The Bank of Canada is warning inflation will stay higher for longer than it previously forecast and signalled that an interest rate hike may be coming sooner than expected. The central bank said Wednesday it now forecasts that annual inflation rates will continue their upward swing through the rest of year, averaging 4.75 per cent.

The Bank of Canada is shown in Ottawa on Wednesday, April 24, 2019. THE CANADIAN PRESS/Sean Kilpatrick

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OPINION

OPINION | Tom Mulcair: Trudeau's new resolve

Jean Chretien hit the nail on the head when he described the major shortcoming of Justin Trudeau’s reign: lots of good ideas that are well communicated but no experience to actually get things done, writes former NDP Leader Tom Mulcair in an exclusive column for CTVNews.ca.

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Climate and Environment

Beef a bigger challenge than oil and gas when it comes to tackling methane emissions

As Canada doubles down on efforts to reduce harmful methane emissions, experts say one of the trickiest hurdles standing in the way is the burping cow. Methane accounts for just 13 per cent of Canada's total greenhouse gas emissions, but because it is better than carbon dioxide at trapping heat it is believed to be responsible for at least one-third of global warming recorded to date.

COP26 in Glasgow: Who is going and who is not?

Several prominent figures will not attend the United Nations COP26 climate summit in Glasgow in person, and the attendance of a number of others is in doubt. Here is the latest on the status of delegates.

Opinion

OPINION

OPINION | Don Martin: The good, bad and ugly of the new Trudeau cabinet

The over-arching theme of Prime Minister Justin Trudeau's new cabinet is how this gaggle of ministers is more lapdog than usual, where a long, loyal, sycophantic friendship to the prime minister appears to be THE critical consideration for a ticket to The Show, Don Martin writes in an exclusive column for CTVNews.ca.

Minister of Mental Health and Addictions and Associate Minister of Health Carolyn Bennett is sworn in during a Cabinet swearing in ceremony at Rideau Hall in Ottawa, on Tuesday, Oct. 26, 2021. THE CANADIAN PRESS/Justin Tang

OPINION

OPINION | Tom Mulcair: Trudeau's new resolve

Jean Chretien hit the nail on the head when he described the major shortcoming of Justin Trudeau’s reign: lots of good ideas that are well communicated but no experience to actually get things done, writes former NDP Leader Tom Mulcair in an exclusive column for CTVNews.ca.

OPINION

OPINION | Tom Mulcair: Freeland positioning herself to take over as Liberal leader

Of the five political parties with MPs in the House, only the Liberals have never had a woman as leader. Prime Minister Justin Trudeau will be doing everything he can to help Chrystia Freeland get his job if and when he decides to pack it in, writes former NDP Leader Tom Mulcair in an exclusive column for CTVNews.ca.

W5 HIGHLIGHTS

EXCLUSIVE

EXCLUSIVE | Jaskirat Sidhu, the 'Humboldt Driver,' speaks out

W5 launches its 56th season with an exclusive interview with Jaskirat Sidhu and his wife Tanvir Mann as they reveal their deep grief over the Humboldt tragedy and their hopes that they will be allowed to stay in Canada.