Bank of Canada cuts key rate for first time in more than 4 years
The Bank of Canada has cut its overnight rate by 25 basis points, a move not seen since the beginning of the pandemic.
Canadian authors Mary Lawson and Rachel Cusk are among 13 authors in the running for the prestigious Booker Prize for fiction.
The two homegrown novelists were named on the long list Tuesday for the 50,000-pound (C$87,000) prize.
Lawson, who grew up in an Ontario farming community, earned her second Booker nod for her tale of life in a northern town, “A Town Called Solace.”
She last made the long list for 2006's “The Other Side of the Bridge.”
Saskatoon-born, London-based Cusk is a contender for her cottage-set psychodrama, “A Second Place.”
Founded in 1969, the Booker Prize has a reputation for transforming writers' careers, and was originally open to British, Irish and Commonwealth writers. Eligibility was expanded in 2014 to all novels in English published in the United Kingdom.
Also in the running is Kazuo Ishiguro, who won the Nobel Prize for Literature in 2017, with 'Klara and the Sun,“ a novel about love and humanity narrated by a solar-powered android.
It is the fourth Booker nomination for Ishiguro, who won the prize in 1989 for “The Remains of the Day.”
Pulitzer Prize-winning American author Richard Powers is nominated for “Bewilderment,” about an astrobiologist and his neurodivergent son. Powers won the Pulitzer for fiction in 2019 for eco-epic “The Overstory,” which was also a Booker Prize finalist.
Other previous Booker contenders on this year's list include South Africa's Damon Galgut for his story of racism and reckoning, “The Promise”; British writer Sunjeev Sahota for “China Room,” which travels between England and India.
Two American first novels are among this year's contenders: Patricia Lockwood's social media-saturated story “No One is Talking About This” and Nathan Harris' bestseller “The Sweetness of Water,” set in the U.S. South at the end of the Civil War.
The list also includes “Great Circle” by American writer Maggie Shipstead, British novelist Francis Spufford's “Light Perpetual,” British/Somali author Nadifa Mohamed's “The Fortune Men,” South African novelist Karen Jennings's “An Island” and “A Passage North” by Sri Lankan writer Anuk Arudpragasam.
Historian Maya Jasanoff, who is chairing this year's judging panel, said many of the novels “consider how people grapple with the past - whether personal experiences of grief or dislocation or the historical legacies of enslavement, apartheid, and civil war.”
“Many examine intimate relationships placed under stress, and through them meditate on ideas of freedom and obligation, or on what makes us human,” she said. “It's particularly resonant during the pandemic to note that all of these books have important things to say about the nature of community, from the tiny and secluded to the unmeasurable expanse of cyberspace.”
A six-book shortlist will be announced Sept. 14, and the winner will be crowned Nov. 3 during a ceremony in London.
The Bank of Canada has cut its overnight rate by 25 basis points, a move not seen since the beginning of the pandemic.
The Hospitals of Regina Foundation (HRF) issued an official apology on Wednesday following comedian Rob Schneider's set at a fundraising event on Saturday night.
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Air Canada is now offering free beer and wine on flights within Canada and the U.S. until the end of the year.
Billionaire Elon Musk is questioning diversity and inclusion hiring practices, using the social media platform he owns to criticize a job posting from the University of British Columbia.
Five people associated with the Hells Angels motorcycle gang are facing charges after police raided two homes and two unlicensed bars in Waterloo Region.
President Vladimir Putin warned Germany on Wednesday that the use of its weapons by Ukraine to strike targets inside Russia would mark a 'dangerous step.'
McMaster Children’s Hospital is pausing scheduled tonsil and adenoid surgeries for patients under the age of 18 after officials say two pediatric patients who underwent the procedure died shortly after being discharged.
It was Conservative Leader Pierre Poilievre’s birthday on Monday, but he could've probably done without the package that one of his more obscure backbenchers dropped on his doorstep, writes former NDP leader Tom Mulcair in his latest column for CTVNews.ca.
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A Cape Breton is this year's recipient of the McEuen Scholarship, which gives him basically a full ride to the medical school at the University of St. Andrews in Scotland.
Mounties in Kelowna nabbed a would-be burglar with an apparent sweet tooth over the weekend.
When Alyssa Anklewich’s history teacher assigned her Westwood Collegiate class an essay about D-Day, the 15-year-old had other ideas.
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The Stanley Cup was passing through town Friday, and Lanny Legend took it upon himself to take it for a surprise visit.