Shopaholic author Sophie Kinsella reveals aggressive brain cancer diagnosis

Best-selling British author Sophie Kinsella announced Wednesday that she has glioblastoma, an aggressive brain cancer. The 54-year-old author, whose real name is Madeleine Sophie Wickham, wrote in a statement posted to her social media accounts that she was diagnosed in 2022. She said she’d had surgery and is undergoing radiation and chemotherapy. “I’ve wanted for a long time to … Read more

Why the Conservatives and NDP are headed for a clash over Canada’s working-class votes

Conservative Leader Pierre Poilievre’s path to power may be by prosecuting Prime Minister Justin Trudeau’s past eight years in government, but his road to victory is painted NDP orange. Appealing to working-class voters in rural and northern ridings — like those held by New Democrats across British Columbia and Liberals in northern Ontario — is … Read more

Some consumers, businesses are feeling more optimistic about the economy, say BoC surveys

The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy. The central bank on Monday released its business outlook and consumer expectations surveys, which showed increased optimism as people expect interest rate cuts are nearing. Although firms … Read more

U.S. eases vehicle emissions rules, but overall reduction targets remain unchanged

The Biden administration on Wednesday slashed its target for U.S. electric vehicle adoption from 67 per cent by 2032 to as little as 35 per cent after industry and autoworker backlash in the political battleground state of Michigan. The Environmental Protection Agency (EPA) instead adopted a “technology neutral” regulatory scheme that allows automakers far more freedom … Read more

Bank of Canada holds key interest rate at 5% again, saying it’s still too soon for rate cuts

The Bank of Canada has held its key interest rate at five per cent again, saying that it’s still too soon to consider rate cuts while underlying inflation persists. Economists were widely expecting the central bank to hold the rate. The bank said in a note on its website that it was still concerned about underlying inflation, which strips … Read more

U.S. economy grows more than expected at end of 2023, driven by consumer spending

The U.S. economy grew at an unexpectedly brisk 3.3 per cent annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households. Thursday’s report from the U.S. Commerce Department said the gross domestic product — the economy’s total output of goods … Read more

Canada’s inflation rate holds steady at 3.1%

Canada’s annual inflation rate held steady at 3.1 per cent in November, matching the previous month’s rate, according to data released by Statistics Canada on Tuesday. Economists were expecting the rate to fall below the three per cent threshold, putting the economy closer to the Bank of Canada’s two per cent inflation goal. Mortgage interest costs and the high cost … Read more

Ottawa expected to release promised EV sales regulations Tuesday

Automakers are set to get a jolt Tuesday when Ottawa unveils its promised electric vehicle regulations. CBC News has learned that Ottawa will release final regulations it says will ensure that all new passenger cars sold in Canada by 2035 are zero-emission vehicles, a senior government source said. The source — who was not authorized to speak publicly — … Read more