Beata Caranci, chief economist at TD Bank, joins BNN Bloomberg to share her perspective on Canada's economy following the release of Canada's November CPI. Inflation remained unchanged at an annual pace of 3.1%. Caranci says the Bank of Canada is likely to cut rates in April of 2024, and predicts 150bp in cuts by the end of 2024.
CBC/Radio-Canada is a Canadian public broadcast service.
Dec. 20, 2023 - Another passenger who uses a wheelchair says they were injured and humiliated at a Canadian airport. How the USA Supreme Court could decide Donald Trump's political future. Plus, the surge in respiratory illness across the country.
00:00 The National for Dec. 20, 2023
01:00 Airline passenger in a wheelchair injured
04:16 Holiday surge in respiratory infections
06:33 Iceland volcanic eruption begins to wane
06:54 Trump to appeal Colorado ballot ruling
09:52 Gaza health ministry reports 20,000 dead
10:41 Modi addresses assassination plot claims
13:03 Stabbing attack at Quebec restaurant
13:22 Belleville, Ont. officer guilty of assault
15:40 Remains of missing P.E.I. teen found
16:11 Quebec unions threaten unlimited strike
19:20 Police chase in downtown Toronto
19:56 Shortage of EV charging stations
23:09 Boy sends Christmas cards to strangers
25:52 Colorado court disqualifies Trump. Now what?
Toyota says it is recalling one million vehicles — about a tenth of them in Canada and the rest in the USA — over a defect that could cause airbags not to deploy, increasing the risk of injury.
A so-called airbag is a vehicle occupant-restraint system using a bag designed to inflate extremely quickly, then quickly deflate during a collision. It consists of an airbag cushion, a flexible fabric bag, an inflation module, and an impact sensor. The purpose of the airbag is to provide a vehicle occupant with soft cushioning and restraint during a collision. It can really reduce injuries between the flailing occupant and the interior of the vehicle.
The airbag provides an energy-absorbing surface between the vehicle's occupants and a steering wheel, instrument panel, body pillar, headliner, and windshield, for example. Modern vehicles may contain up to ten airbag modules in various configurations, including driver, passenger, side-curtain, seat-mounted, door-mounted, B and C-pillar mounted side-impact, knee bolster, inflatable seat belt, and certain pedestrian airbag modules.
The RCMP has arrested five young people on terrorism-related offences in the past six months. Barbara Perry, director of the Centre on Hate, Bias and Extremism, and Amarnath Amarasingam, assistant professor with the Queen's University School of Religion weigh in.
Police say a 25-year-old man is dead from an accidental carbon monoxide poisoning caused by a car left running in the garage of a Kitchener, Ontario home.
Six other people who were also in the home were transported to hospital. Neighbours say many of the residents were international students or otherwise new to Canada.
CBC/Radio-Canada is a Canadian public broadcast service.
Canada on Tuesday released final regulations meant to ensure that all passenger cars, SUVs, crossovers and light trucks sold by 2035 are zero-emission vehicles, part of the government's overall plan to combat climate change.
CBC/Radio-Canada is a Canadian public broadcast service.
Indian Prime Minister Narendra Modi says he will 'look into any evidence' that his country planned the assassination of perceived enemies on Canadian and American soil — his first remarks on the matter since Canadian Prime Minister Justin Trudeau brought them out publicly in August.
There are renewed calls for a change to Canada's immigration policy, as the country's population growth continues to soar. From July to September, Canada came close to breaking the highest population growth rate in any quarter, when it reported 430,635 new residents.
Statistics Canada reported Tuesday the population increase, which reflected a 1.1-per cent growth rate in the third quarter of 2023. That was the highest population growth rate since the second quarter of 1957, when Canada’s population grew by 198,000 people, or 1.2 per cent.
Housing affordability, meanwhile, hit its worst level in more than four decades last quarter, the Bank of Canada said last week. At current building levels, the Canada Housing and Mortgage Corporation predicts Canada will be short 3.5 million homes, in addition to what’s currently being built, to restore housing affordability by 2030.
