All News

By Anita Balakrishnan OTTAWA- About $1 billion worth of mortgage payments were deferred each month during the pandemic, Canada Mortgage and Housing Corp. said on Thursday. The calculation, released in CMHC’s annual residential mortgage industry report, is based on Equifax Canada’s estimate that the average monthly mortgage payment in Canada ...

By Martin Crutsinger THE ASSOCIATED PRESS WASHINGTON- The latest Federal Reserve survey of U.S. economic activity found generally modest gains in August but also pessimism about the future given the threats posed by the coronavirus. The Fed report made public Wednesday said that a theme echoed across the country is ...

By Rod McGuirk THE ASSOCIATED PRESS CANBERRA, Australia- Rio Tinto chief executive Jean-Sebastien Jacques will lose around $3.5 million in bonuses due to the destruction of Australian indigenous sacred sites to access iron ore, the mining company said on Monday. The Anglo-Australia mining giant announced that three executives would lose ...

TORONTO-The Chinese company trying to buy TMAC Resources Ltd. has appointed a Barrick Gold Corp. veteran as CEO of its Canadian operations even though the deal is still being reviewed by Ottawa. Hong Kong-traded Shandong Gold Mining Co. Ltd. says it has appointed Mark Wall as CEO of Streamers Gold ...

OTTAWA- Deputy Prime Minister Chrystia Freeland says Canada will hit back against U.S. tariffs on Canadian aluminum with $3.6 billion in tariffs of our own. Freeland says the tariffs will match dollar-for-dollar the costs of the planned 10 per cent import tariff on Canadian raw aluminum that will apply starting ...

Chief Clarence Louie (Photo credit: Shayd Johnson) tkwəɬniwt (Westbank), SYILX OKANAGAN TERRITORY-Osoyoos Chief Clarence Louie has been elected  as tribal chair of the Okanagan Nation Alliance (ONA). Chief Louie has led the Osoyoos Indian Band (OIB) for three decades. He is taking over the lead from well known tribal chair ...

By Mia Rabson THE CANADIAN PRESS OTTAWA- Statistics Canada is working on plans to deliver a “contactless census” next May if COVID-19 remains a threat. Officials from the agency said Friday the census day will be May 11, 2021 as planned But efforts are being made to protect the health ...

VANCOUVER -The federal government announced funding for eight more projects as part of the B.C. Salmon Restoration and Innovation Fund. Fisheries Minister Bernadette Jordan addressed the Greater Vancouver Board of Trade July 14, 2020, saying climate change and increasing demand for seafood products has put unprecedented pressure on Pacific wild ...