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Bank of Canada says economy can handle higher rates despite household debt risks

Bank of Canada says economy can handle higher rates despite household debt risks

High household debt and elevated housing prices have become bigger vulnerabilities in the past year, but the economy can still handle the rising interest rates needed to tame inflation, Bank of Canada governor Tiff Macklem said Thursday.
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Quebec minister for relations with Canada criticized for deleting texts with Ottawa

Quebec minister for relations with Canada criticized for deleting texts with Ottawa

Quebec's minister responsible for relations with Canada is defending her decision to erase text messages between herself and her federal counterpart, Intergovernmental Affairs Minister Dominic LeBlanc.
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Study casts doubt on corporate contributions to fight against climate change

Study casts doubt on corporate contributions to fight against climate change

Companies touting their use of renewable energy may be overstating their contributions to the fight against climate change, new research suggests.
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Passport delays, BoC annual financial system review : In The News for June 9

Passport delays, BoC annual financial system review : In The News for June 9

In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what's on the radar of our editors for the morning of June 9 ... What we are watching in Canada ...
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Island nations facing 'triple crisis,' Barbados PM says during meeting with Trudeau

Island nations facing 'triple crisis,' Barbados PM says during meeting with Trudeau

LOS ANGELES — The prime minister of Barbados evoked a Jamaican reggae legend Wednesday as she described in stark terms the "triple crisis" in her region that's threatening the health and welfare of the entire Western Hemisphere.
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Waive biometric, document requirements for families of Afghan interpreters: committee

Waive biometric, document requirements for families of Afghan interpreters: committee

OTTAWA — Immigration, Refugees and Citizenship Canada needs an emergency mechanism to respond quickly to humanitarian crises, according to a new report from the special parliamentary committee on Afghanistan.
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'Anger' at meeting after marchers allegedly hit by truck, RCMP investigating

'Anger' at meeting after marchers allegedly hit by truck, RCMP investigating

VANCOUVER — The head of an Indigenous group says members have met with the RCMP in Chilliwack, B.C., to discuss how police plan to proceed after the driver of a pickup truck allegedly hit four people participating in a memorial march.
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Marco Mendicino tries to clarify whether police asked for Emergencies Act

Marco Mendicino tries to clarify whether police asked for Emergencies Act

OTTAWA — Public Safety Minister Marco Mendicino is trying to clarify whether anyone outright asked the government to invoke the Emergencies Act in February, after his deputy minister told a committee the minister had been "misunderstood" when he seem
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Conservatives say leadership vote won't be delayed after 'many new members' signed up

Conservatives say leadership vote won't be delayed after 'many new members' signed up

OTTAWA — Conservative leadership chair Ian Brodie says he doesn't see any scenario in which the race could be delayed, even as party faithful fret over the long wait to certify memberships.
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PM tabs chief legal officer at House of Commons to be next privacy commissioner

PM tabs chief legal officer at House of Commons to be next privacy commissioner

OTTAWA — Prime Minister Justin Trudeau has nominated accomplished lawyer Philippe Dufresne to be the next federal privacy commissioner.
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