Liberals to hike GST rebates, help with rent payments in new affordability plan
The federal government intends to temporarily hike GST rebate cheques in a bid to ease some of the hurt of inflation for lower-income Canadians.
Prime Minister Justin Trudeau will announce a three-pronged plan to address affordability at the Liberal cabinet retreat in Vancouver today.
Cabinet ministers are gathering ahead of the fall sitting of Parliament with the economy and the cost-of-living crisis top of mind.
New air passenger protection rules come into effect Thursday
New Air Passenger Protection Regulations go into effect today.
The update comes as the Canadian Transport Agency tries to close a loophole that left some passengers unable to secure cash refunds after pandemic-related flight cancellations.
Starting Thursday, airlines will be required to issue a full refund for cancellations and delays if passengers are not placed on a new flight within 48 hours, including for reasons outside of the airline's control.
Suspect in Saskatchewan killings went into medical distress, died after arrest: RCMP
Mounties say Myles Sanderson, a suspect in a deadly series of stabbings in Saskatchewan, went into medical distress a short time after he was taken into custody.
RCMP say Sanderson had stolen a truck in the town of Wakaw and was arrested in the vehicle.
The 32-year-old was then pronounced dead at a Saskatoon hospital.
Assistant Commissioner Rhonda Blackmore says the RCMP has requested an independent investigation into the circumstances of Sanderson's death.
WATCH: Saskatchewan RCMP deliver update on manhunt's conclusion
A dangerous persons alert ended Wednesday just before 4 p.m. when the Saskatchewan RCMP announced that Myles Sanderson was located and taken into police custody near Rosthern, Sask. around 3:30 p.m.
This ended a manhunt that began early Sunday as multiple reports came in of stabbings on James Smith Cree Nation and the nearby village of Weldon.
Source says suspect in Saskatchewan killings dead after police took him into custody
A massive four-day manhunt came to an end north of Saskatoon on Wednesday as RCMP took into custody Myles Sanderson, a fugitive suspect in a deadly series of stabbings that left an entire region on edge and families immersed in grief.
A source with knowledge of the investigation said Sanderson died after he was taken into custody. RCMP were preparing to hold an evening news conference.
Victim of Saskatchewan stabbings described as "hero and true matriarch"
A woman killed in a stabbing rampage in Saskatchewan over the Labour Day weekend was remembered Wednesday as a caring matriarch and a hero who died while trying to protect her children.
Bonnie Burns, 48, is among the 10 people killed in a series of stabbings on the James Smith Cree Nation northeast of Saskatoon and the nearby village of Weldon. Police say one of the suspects was also been found dead.
At an emotional news conference, her brother Mark Arcand's voice wavered as he said the family feels broken and hurt.
RCMP cancels Civil Emergency alert in Alberta
At 9:25 a.m. on Wednesday (Sept. 7), Alberta Emergency Management Agency issued a statement saying the RCMP is cancelling the Civil Emergency Alert in the province with regards to the suspect Myles Sanderson.
Sanderson is wanted on a Canada-wide warrant as part of an investigation into a series of mass stabbings that left 11 people dead and 18 injured.
Bank of Canada raises key interest rate by 0.75%, says rates likely need to go higher
The Bank of Canada raised its key interest rate by three-quarters of a percentage point Wednesday and signalled this won’t be the last increase as it continues its battle against high inflation.
The rate hike was in line with what many economists were expecting and brings the bank’s key rate target to 3.25 per cent.
In the rate announcement, the Bank of Canada says global inflation remains high because of global supply chain disruptions, the effects of COVID-19 and the war in Ukraine.
Police release names of 10 victims killed in Saskatchewan stabbings
RCMP have released the names and photos of the 10 people killed in a Labour Day weekend stabbing rampage in Saskatchewan.
The dead include nine men and women from the James Smith Cree Nation northeast of Saskatoon and one man from the nearby village of Weldon, and range in age from 23 to 78.
They are identified as:
- Thomas Burns, 23, of James Smith Cree Nation
- Carol Burns, 46, of James Smith Cree Nation
- Gregory Burns, 28, of James Smith Cree Nation
- Lydia Gloria Burns, 61, of James Smith Cree Nation
Bank of Canada expected to raise key interest rate today
The Bank of Canada is expected to announce it will be raising its key interest rate today, making it the fifth consecutive increase this year.
Some Canadian banks are expecting the Bank of Canada to increase its key rate by three-quarters of a percentage point, bringing it to 3.25 per cent.
The rate hikes will feed into other lending rates, making it more expensive for Canadians and businesses to borrow money.
The Bank of Canada, along with central banks around the world, has been raising interest rates in an effort to cool sky-high inflation.