The Financial institution of Canada raised its benchmark rate of interest to 1.5 per cent on Wednesday, marking a second straight improve of half a share level. The 50-point transfer was extensively anticipated by economists who predicted the central financial institution would increase charges for the third time this yr in an effort to tamp down on excessive inflation ranges. Anne Gaviola has extra on its affect on Canadians.
An Alberta father and his son have been discovered responsible within the deaths of two Métis hunters who have been gunned down on a rural highway in March 2020. Anthony Bilodeau was convicted of second-degree homicide in Maurice Cardinal’s killing, and of manslaughter within the demise of Jacob Sansom, who was Cardinal’s nephew. Bilodeau’s father, Roger, was convicted of two counts of manslaughter. Breanna Karstens-Smith explains how the crime unfolded, and why the victims’ household says they needed to combat off racism whereas combating for justice.
Considerations are rising about Canada and China’s relationship degrading additional as a result of Chinese language fighter jets are getting extra aggressive with Canadian navy plane in worldwide airspace, sources are telling World Information. Mercedes Stephenson explains the damaging behaviour Chinese language pilots are reportedly partaking in, regardless of Ottawa’s stern warnings to Beijing.
Russian forces are inching nearer to capturing the important thing metropolis of Sloviansk, as they make extra beneficial properties within the crucial battle for Ukraine’s Donbas area. Jeff Semple is in Sloviansk, talking with residents holed up there, and the way they’re getting ready to carry the road in opposition to Russia’s warpath.
And numerous royal followers are pouring into London on the eve of the four-day celebration for Queen Elizabeth’s Platinum Jubilee, marking her historic 70-year reign on the throne. World Nationwide’s Dawna Friesen reviews from London on the tributes and pleasure forward of the monarch’s milestone, as questions loom over Her Majesty’s well being and the state of the Royal Household.
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