5 bison dead after 2 vehicles hit them in Elk Island National Park: Parks Canada

5 bison dead after 2 vehicles hit them in Elk Island National Park: Parks Canada

Five bison are dead after two vehicles hit them in a national park east of Edmonton early Thursday morning, Parks Canada says. RCMP are investigating the incident, which killed three bison and injured two others so severely they had to be euthanized. It is the most calamitous collision the park has recorded, according to Dale Kirkland, superintendent … Read more

OceanGate co-founder says he hopes Titan tragedy yields renewed interest in exploration

OceanGate co-founder says he hopes Titan tragedy yields renewed interest in exploration

The Titan inquiry’s public hearing began Sept. 16, with some of the testimony focused on the troubled nature of the company. (OceanGate Expeditions/The Associated Press) The co-founder of the company that owned the experimental submersible that imploded en route to the wreckage of the Titanic told a Coast Guard panel Monday that he hoped that … Read more

Canada’s inflation rate finally hit the Bank of Canada’s target. What does that mean for prices?

Canada’s inflation rate finally hit the Bank of Canada’s target. What does that mean for prices?

Canada’s inflation rate decreased to two per cent in August, Statistics Canada reported on Tuesday, finally hitting the Bank of Canada’s target in its long campaign to cool price growth. The central bank began aggressively hiking interest rates in April 2022 to tame skyrocketing inflation, and it made its first rate cut since March 2020 in June. “Our … Read more

On-site work is now underway on tower offering bird’s-eye view of Point Pelee

On-site work is now underway on tower offering bird’s-eye view of Point Pelee

If you’re missing that bird’s-eye view of Point Pelee, you’re not the only one. But Parks Canada is now working on the issue that closed the tower more than two years ago.  Parks Canada is working on the Tip Tower observation deck, after it was first closed in 2022 for problems with the safety rail.  … Read more

Monthly home sales ticked up in August, but housing market activity ‘stuck in holding pattern,’ says CREA

Monthly home sales ticked up in August, but housing market activity ‘stuck in holding pattern,’ says CREA

Canadian home sales increased 1.3 per cent on a month-over-month basis in August, though monthly activity was down 2.1 per cent from the same time a year ago, the Canadian Real Estate Association said on Monday. The association said that a second interest rate cut from the Bank of Canada in late July gave another gentle boost … Read more

Very few sockeye have passed Chilcotin River landslide area: DFO

Very few sockeye have passed Chilcotin River landslide area: DFO

While sockeye salmon have been able to migrate past obstructions from the Chilcotin River landslide, the run is projected to be far lower than average.  At the end of July, a landslide across the Chilcotin River at Farwell Canyon, about 285 kilometres north of Vancouver, blocked the flow of water. More than a week later, … Read more

Bank of Canada cuts key interest rate to 4.25%

Bank of Canada cuts key interest rate to 4.25%

The Bank of Canada lowered its key interest rate to 4.25 per cent on Wednesday, the third consecutive cut since June.  The central bank said the reduction comes after “continued easing in broad inflationary pressures.” The key interest rate was lowered by another 25 basis points, following a pattern established earlier this summer when rates were … Read more

Flair Airlines says it’s offering flights for a loonie. Experts say it needs to get real

Flair Airlines says it’s offering flights for a loonie. Experts say it needs to get real

Would you buy a plane ticket for a loonie? Flair Airlines hopes so. The ultra low-cost carrier says it has launched a $1 base airfare deal for passengers flying back to Canada from sun destinations — but some experts are skeptical of whether the airline can sustain the promo. Flair says the $1 airfares, currently reserved for … Read more