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There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem

There's a limit to how much interest rates in Canada and U.S. can diverge: Macklem

Bank of Canada governor Tiff Macklem says Canadian interest rates don't have to match U.S. or global rates, but there is a limit to how much they can diverge.
Ottawa will appoint commissioner to oversee treaties with Indigenous Peoples: Trudeau

Ottawa will appoint commissioner to oversee treaties with Indigenous Peoples: Trudeau

GATINEAU, Que. — Prime Minister Justin Trudeau says his government is planning to create a new agent of Parliament to oversee modern treaty implementation.
TD Bank hit with $9.2M penalty after failing to report suspicious transactions

TD Bank hit with $9.2M penalty after failing to report suspicious transactions

TORONTO — Canada’s financial intelligence agency says it has levied a $9.
Students set up pro-Palestinian encampment protest at University of Toronto

Students set up pro-Palestinian encampment protest at University of Toronto

TORONTO — A group of students at the University of Toronto say they have started a protest on campus to call on the university to cut its ties with Israel over the ongoing war in Gaza.
In the news today: Israeli academics on protests, weight-loss drug coming to Canada

In the news today: Israeli academics on protests, weight-loss drug coming to Canada

Here is a roundup of stories from The Canadian Press designed to bring you up to speed on what you need to know today...
Weight-loss drug Wegovy available in Canada starting May 6

Weight-loss drug Wegovy available in Canada starting May 6

The makers of Ozempic say their weight-loss drug Wegovy will be available to patients in Canada starting Monday. Novo Nordisk's weekly injection is approved for weight loss among patients diagnosed with obesity.
Campus protests: Israeli academics say their universities are 'best chance' for peace

Campus protests: Israeli academics say their universities are 'best chance' for peace

MONTREAL — One of the demands of pro-Palestinian activists who have set up protest encampments on university campuses in Canada and the United States is a severing of ties with Israeli universities.
'Thunderhead' LGBTQ national monument breaks ground in Ottawa

'Thunderhead' LGBTQ national monument breaks ground in Ottawa

OTTAWA — After a rainy night in Ottawa, the sun broke through Wednesday afternoon ahead of a ceremony to break ground for a national LGBTQ+ monument.
London Drugs phone lines working, stores still closed after cybersecurity incident

London Drugs phone lines working, stores still closed after cybersecurity incident

VANCOUVER — London Drugs says its phone lines are working again after being taken offline in response to a cybersecurity incident. A statement from the Richmond, B.C.
'Shocked' public service unions promise to fight new 3-day in-office mandate

'Shocked' public service unions promise to fight new 3-day in-office mandate

OTTAWA — Unions representing public servants say they are blindsided and outraged by new rules forcing federal employees to work from the office at least three days a week. The new requirements, which take effect Sept.