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There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem

There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem

OTTAWA — Canadian interest rates don't have to match U.S. or global rates, Bank of Canada governor Tiff Macklem says, but they need to stay within a certain ballpark.
Students set up pro-Palestinian encampment protest at University of Toronto

Students set up pro-Palestinian encampment protest at University of Toronto

TORONTO — Tents, banners and flags cropped up at the centre of the University of Toronto's downtown campus early Thursday as students set up an encampment to call on the institution to cut its ties with Israel over the ongoing war in Gaza.
Ottawa will appoint commissioner to oversee treaties with Indigenous Peoples: Trudeau

Ottawa will appoint commissioner to oversee treaties with Indigenous Peoples: Trudeau

GATINEAU, Que. — Prime Minister Justin Trudeau says his government is planning to create a new agent of Parliament to oversee modern treaty implementation.
TD Bank hit with $9.2M penalty after failing to report suspicious transactions

TD Bank hit with $9.2M penalty after failing to report suspicious transactions

TORONTO — Canada’s financial intelligence agency says it has levied a $9.
In the news today: Israeli academics on protests, weight-loss drug coming to Canada

In the news today: Israeli academics on protests, weight-loss drug coming to Canada

Here is a roundup of stories from The Canadian Press designed to bring you up to speed on what you need to know today...
Weight-loss drug Wegovy available in Canada starting May 6

Weight-loss drug Wegovy available in Canada starting May 6

The makers of Ozempic say their weight-loss drug Wegovy will be available to patients in Canada starting Monday. Novo Nordisk's weekly injection is approved for weight loss among patients diagnosed with obesity.
Campus protests: Israeli academics say their universities are 'best chance' for peace

Campus protests: Israeli academics say their universities are 'best chance' for peace

MONTREAL — One of the demands of pro-Palestinian activists who have set up protest encampments on university campuses in Canada and the United States is a severing of ties with Israeli universities.
'Thunderhead' LGBTQ national monument breaks ground in Ottawa

'Thunderhead' LGBTQ national monument breaks ground in Ottawa

OTTAWA — After a rainy night in Ottawa, the sun broke through Wednesday afternoon ahead of a ceremony to break ground for a national LGBTQ+ monument.
London Drugs phone lines working, stores still closed after cybersecurity incident

London Drugs phone lines working, stores still closed after cybersecurity incident

VANCOUVER — London Drugs says its phone lines are working again after being taken offline in response to a cybersecurity incident. A statement from the Richmond, B.C.
'Shocked' public service unions promise to fight new 3-day in-office mandate

'Shocked' public service unions promise to fight new 3-day in-office mandate

OTTAWA — Unions representing public servants say they are blindsided and outraged by new rules forcing federal employees to work from the office at least three days a week. The new requirements, which take effect Sept.