Category : Search result: Bank of Canada economic emergency


U.S. GDP grows 4.3%, fastest pace in two years

The U.S. economy expanded at a 4.3% annualized rate in Q3 2025, its fastest growth in two years. Economists remain optimistic for 2026 despite current headwinds. Read the full analysis.

Purolator Donates Truck to Edmonton Food Bank

Purolator donates a retired delivery vehicle to Edmonton's Food Bank, bolstering logistics for holiday food drives. The gift aids community support during the winter season.

Fire damages Redwood Meadows fire station hall

A fire broke out in the back hall of the Redwood Meadows Emergency Services station. No injuries were reported. The incident highlights risks to critical emergency infrastructure.

Toronto Bids for New International Defence Security Bank

Toronto, backed by Premier Doug Ford and Mayor Olivia Chow, officially launched its campaign on December 17, 2025, to become the headquarters for a new international Defence, Security and Resilience Bank. Learn about the city's strategic push.

Toronto vies for defence bank HQ, 3,500 jobs at stake

Toronto officially launched its bid to host the new Defence, Security and Resilience Bank, competing with four other Canadian cities for a project that could create up to 3,500 local jobs. Discover why Ontario's leaders are confident.

Canada's Ill-Preparedness for Disasters Exposed

A newly active Yukon fault and record wildfires highlight Canada's vulnerability. Experts warn complacency and reactive planning leave the nation exposed to the next crisis.

New Downtown Calgary Food Bank Offers Grocery Store Experience

The Calgary Food Bank has launched a new downtown location modeled after a grocery store, allowing clients to choose their own food using a points system. The pilot project aims to address urban food insecurity with dignity and autonomy. Learn how this in

Calgary Food Bank Opens New Downtown Location

The Calgary Food Bank has officially launched a new downtown facility to provide more accessible food support to residents in need. Learn more about this vital community expansion.

CIBC Hikes Dividend After Q4 Earnings Beat

CIBC raises its quarterly dividend to $1.07 per share following a strong fourth quarter, with adjusted net income hitting $2.19 billion. Read the full analysis of the bank's performance.

Laurentian Bank sells $1.9B portfolio in strategic split

Laurentian Bank CEO Éric Provost details the strategic $1.9 billion asset sale to National Bank and Fairstone Bank, marking a significant shift for the Canadian financial institution. Learn the details and implications.

Costco Sues Trump Over Tariffs, Seeks Refund

Costco files a lawsuit against the Trump administration, demanding a full refund on tariffs collected under the IEEPA. The company argues the tariffs are illegal. Read the full story.

Food Bank Use at Alarming High in Canada

Food bank reliance in Canada has hit a critical level. Learn the key facts and discover concrete ways you can support your community during this urgent time of need.

Urgent Care or ER? A Doctor's Guide for Canadians

Not sure if you need urgent care or the emergency room? Canadian doctors explain the critical differences, costs, and when a wrong choice can be life-threatening. Learn how to make the right call for your health.

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