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Bank of Canada increases overnight rate target to 1 per cent

The Bank of Canada is raising its target for the overnight rate to 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Recent economic data have been stronger than expected, supporting the Bank’s view that growth in Canada is becoming more broadly-based and self-sustaining.

Yellow Rubber Ducks Have Invaded the Royal Fountain in Support Of SickKids Foundation   Guests with the lucky ducks will drive away in new cars donated ...Full Article

Indian origin CEO racially abused after Trump criticism

Washington, Aug 23 (IANS) An Indian origin CEO says he was racially abused and was told to “go back” to India and also take along top Indian-American ...Full Article

Top Pakistan civil-military brass rejects US warning

Islamabad, Aug 24 (IANS) Top civil-military leadership in Pakistan on Thursday rejected US allegations that it was harbouring and sheltering terrorists, and asserted that Islamabad would not ...Full Article

Talk Kashmir, US tells India and Pakistan

Washington, Aug 24 (IANS) The US has urged India and Pakistan to have a bilateral dialogue over Kashmir to reduce tensions between them. State Department spokesperson Heather ...Full Article

Actress Shilpa Shetty led India Day celebrations in Toronto

Solar eclipse 2017

Millions in North America will get the chance to view a solar eclipse as it moves across the continent on August 21. While several states in the US ...Full Article

People in North America to witness solar eclipse on Aug 21

Solar eclipse will begin at about 1:09pm, with the eclipse reaching its peak at 2:30pm and ending at 3:47pm.

Statement by PM Trudeau on terrorist attack in Barcelona

The Prime Minister, Justin Trudeau, has  issued the following statement on the terrorist attack in Barcelona: “I am deeply saddened by today’s terrorist attack in Barcelona ...Full Article

Nafta: US talks tough on opening day; Freeland confident of moving ahead