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.
Cheers rang out, hugs were exchanged and rainbow-colored flags waved overhead across Switzerland as the Swiss resoundingly voted to allow same-sex couples to marry, final results of a nationwide referendum showed Sunday.
Official results showed the measure passed with 64.1% of the vote while more than half of all voters approved in each of Switzerland's 26 cantons, or states. The vote - years in the making - is set to bring the Alpine nation into line with many others in western Europe and wraps up an often tense campaign between rival sides.
Justice Minister Karin Keller-Sutter tweeted that the government will implement the decision quickly and, under current plans, the new rules can take effect on July 1.
Switzerland's parliament and the governing Federal Council -- on which she sits -- had supported the "Marriage for All" measure, which marks a key step for greater rights for gays and lesbians in Switzerland. The country has authorized same-sex civil partnerships since 2007.
"With this, all couples will in the future be treated equally before the law: all can enter into a civil marriage, with the same rights and obligations," Keller-Sutter wrote.
Passage is set to put same-sex partners on an equal legal footing with heterosexual couples by allowing them to adopt children and facilitating citizenship for same-sex spouses. It will also permit lesbian couples to utilize regulated sperm donation.
"This is a historic day for us and for Switzerland, this is a great step forward, something we have been waiting for for years," said Laura Russo, co-president of the Geneva Federation of LGBT Associations, at a gathering of joyous supporters of the measure along a Geneva pedestrian street. "This initiative was begun in 2013; we had to wait 8 years for the vote to happen -- and here, this is a big `Yes."'
Opponents believe that replacing civil partnerships with full marriage rights would undermine families based on a union between a man and a woman.
Benjamin Roduit of the Christian Democratic People's Party, which spearheaded the effort to stop same-sex marriage, claimed at least some success in raising awareness about his party's positions despite the defeat at the ballot box.
"On our side we have tried to draw attention to the central problem, the one of children and medically assisted procreation," he said. "On that point, I think we have succeeded in raising awareness among the Swiss people and we will still be here when other steps will be proposed."
The campaign has been rife with allegations of unfair tactics, with the opposing sides decrying the ripping down of posters, LGBT hotlines getting flooded with complaints, hostile emails, shouted insults against campaigners and efforts to silence opposing views.
Switzerland, which has a population of 8.5 million, is traditionally conservative and only extended the right to vote to all women in the country in 1990.
Most countries in Western Europe already recognize same-sex marriage, while most of those in Central and Eastern Europe don't permit wedlock between two men or two women.
At a polling station in Geneva, voter Anna Leimgruber said she cast her ballot for the "no" camp because she believed "children would need to have a dad and a mom."
But Nicolas Dzierlatka, who voted "yes," said what children need is love.
"I think what's important for children is that they are loved and respected -- and I think there are children who are not respected or loved in so-called 'hetero' couples," he said.
Also on Sunday, voters dismissed a proposal spearheaded by left-wing groups to raise taxes on returns from investments and capital such as dividends or income from rental properties in Switzerland as a way to ensure better redistribution and fairer taxation.
Results showed 64.9% voting against it in a country known for its vibrant financial sector and relatively low taxes, and as a haven for many of the world's richest people. No canton voted in favour.
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.
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.
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.