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- Kosovo loses €43.8 million in EU Funding
- World leaders respond to US midterm election results as shift in power noted
- US markets rise following Democratic control in midterm elections
- Former RBC employee convicted of fraud and unauthorised data access
- U.S. election results prompt global reactions to Trump’s losses
- Ancient padlock from Ann Francis shipwreck cracked, revealing 400-year-old mystery
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Canada
Ibrahim El-Hakim, a former Royal Bank of Canada employee, has been found guilty of opening 43 fraudulent accounts and accessing the personal banking information of Prime Minister Mark Carney. Charged with fraud, identity theft, and unauthorized computer use, El-Hakim’s sentencing is scheduled for later this month.
Saskatoon’s transportation committee has postponed land expropriation discussions for six Bus Rapid Transit (BRT) station sites due to stalled negotiations with property owners. City administrators reported ongoing consultations since 2024, with plans to re-engage four owners amid business concerns over safety and access related to the stations.
Prime Minister Mark Carney announced that “more intense” trade negotiations with the United States have commenced, following a call with President Donald Trump. Carney indicated that Canada has removed some “red lines” from discussion, including issues related to language and culture, as both sides aim for progress on key economic topics.
The U.S. Federal Reserve raised interest rates for the first time in three years on Wednesday, a move that could increase pressure on the Bank of Canada, according to multiple economists. The implications for Canadian monetary policy remain uncertain as markets respond.
Several Canadian police forces reported intermittent outages to 911 services on Thursday morning, with some authorities confirming that the service has since been restored. Further updates on the nature and cause of the disruptions have not yet been disclosed.
In North Carolina, the president warned reporters that he would impose significant tariffs on Europe if trade actions are perceived as having “bad intentions.” This statement highlights ongoing tensions in transatlantic trade relations, with potential implications for economic interactions.
The Canada Pension Plan Investments Board (CPPIB) and Brookfield have announced the launch of the $50 billion “Maple Fund”, aimed at directing capital into significant national projects across Canada. This initiative is expected to bolster infrastructure investment and support economic growth.
Five former students from a Saskatoon Christian school provided testimony regarding their experiences of physical and mental distress resulting from being struck with a paddle by Friesen. The allegations highlight concerns over disciplinary practices at the institution.
Transit cards featuring a graphic of water and the sun were distributed at Union Station on Tuesday. The initiative aims to support local commuters and enhance public transportation access in the area. The cards carry a practical design, resembling a patch with the newly introduced emblem.
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