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.
An apartment block partially collapsed in the Russian border city of Belgorod on Sunday, leaving at least two dead and 20 injured. Officials blamed Ukrainian shelling for the building's destruction.
Online footage showed rescuers searching for survivors among the remnants of the building’s stairwell, then fleeing the scene as part of the roof crashed to the ground. Belgorod Gov. Vyacheslav Gladkov said that two bodies had been recovered, but that more people were likely still trapped underneath the rubble.
In a statement, Russia’s Investigative Committee, the country’s top law enforcement agency, said that the 10-story block had been hit by Ukrainian shelling.
The Russian Defense Ministry later wrote on social media that the building had been damaged by fragments of a downed Tochka-U TRC missile. It also said that air defenses had shot down several more rockets over the Belgorod region, as well as two drones that were destroyed in a separate incident later Sunday.
Air raid alerts continued across Belgorod as rescuers worked. The city also came under fire Saturday evening, killing one person and injuring 29 more, Gladkov said on social media.
Cities across western Russia have come under regular attack from drones since May 2023, with Russian officials blaming Kyiv. Ukrainian officials never acknowledge responsibility for attacks on Russian territory or the Crimean Peninsula.
The Belgorod region, on Russia's western border, has been the target of a large number of strikes. Although most cross-border shelling is seen in rural areas, attacks have also been seen on the region's capital. In December 2023, shelling in the heart of Belgorod city killed 25 people, prompting authorities to start erecting public shelters.
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.
If an Oilers fan in Edmonton has the spare time, they can not only potentially witness their hockey heroes win and take a step closer to claiming puck glory, they can brag that they journeyed the longest distance between two NHL markets to do it.
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.
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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.
Marking a milestone, Lakeshore resident Olga White celebrated her 107th birthday in style Wednesday.
The municipality of Tantramar, N.B., is holding a sale to get rid of surplus items it acquired after the Town of Sackville amalgamated with smaller communities last year.
For several weeks, a mysterious social media user has apparently been leaving $50 bills hidden across Metro Vancouver.
A statue dedicated to the Royal Regina Rifles Regiment has been officially unveiled in France just ahead of the 80th anniversary of D-Day.
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.
Many people are familiar with the benefits of being in nature, but forest therapy goes a step further than a simple walk in the woods.
The Stanley Cup was passing through town Friday, and Lanny Legend took it upon himself to take it for a surprise visit.