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Day: April 30, 2026

General Motors says it will spend $691 million on St. Catharines, Ont., engine plant

By adminIn CBC NewsPosted April 30, 2026

[[{"value":"General Motors says it will spend $691 million on its St. Catharines Propulsion Plant to support production of its latest V-8 engines for full-sized trucks and SUVs."}]] Read More 

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Bank of Canada holds key interest rate at 2.25%, warning future decisions are clouded by uncertainty

By adminIn CBC NewsPosted April 30, 2026

While high oil prices could lead the central bank to hike rates in the future, trade tensions with the U.S. might require rate cuts to support the economy, Bank of Canada Governor Tiff Macklem explained. Read More 

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Higher oil prices set to give feds a ‘windfall’ in next budget

By adminIn CBC NewsPosted April 30, 2026

Global energy markets continue to reel from the ongoing disruption in the Strait of Hormuz. The price of oil is sitting around $100 US a barrel, but Tuesday's spring economic update used much lower prices to build the budget. Read More 

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‘I can’t leave him’: Sask. tow truck driver rescues moose trapped in ice

By adminIn CBC NewsPosted April 30, 2026

Clint Gottinger, a tow truck driver in rural Saskatchewan, was heading out to work when he noticed a moose trapped in some ice. Read More 

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7 key takeaways from the Liberal government’s spring economic snapshot

By adminIn CBC NewsPosted April 30, 2026

Prime Minister Mark Carney and Finance Minister François-Philippe Champagne introduced their spring economic update on Tuesday, the first since the Liberals were re-elected last year under Carney's leadership. Here are some key highlights. Read More 

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