Former broadcaster Pamela Wallin steps down from Senate

Politics·BreakingSen. Pamela Wallin has resigned from the Upper Chamber. Former journalist represented Saskatchewan in the Red ChamberCBC News · Posted: Oct 19, 2026 11:17 AM EDT | Last Updated: 30 minutes agoListen to this articleEstimated 1 minuteThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Sen. Pamela Wallin speaks at a media conference in Ottawa on Feb. 1, 2024. (Patrick Doyle/The Canadian Press)Sen. Pamela Wallin has resigned from the Upper Chamber. The clerk of the Senate received a resignation letter from the longtime Saskatchewan senator effective Sunday, Oct. 18, according to the Senate of Canada. The reason for her resignation, which was first reported by iPolitics, is not yet known. Wallin turns 75, the Senate's mandatory retirement age, in 2028. Wallin was appointed to the Senate on the advice of Prime Minister Stephen Harper in 2009. More to comeWith files from Chris Rands

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OTTAWA — Pamela Wallin, a former broadcaster who was appointed to the Senate by former prime minister Stephen Harper, has resigned. As of Monday morning, her biography on the Senate website states that she is a former senator.

Published: October 19, 2026 at 11:37a.m. EDTHomeowners may be tempted to take the mortgage rate offered in a renewal letter, but savvy borrowers see it as the start of a negotiation process that could lead to big savings. With many borrowers now renewing at rates above what they previously locked in, mortgage professionals say the worst move is signing whatever arrives in the mail. The best results come from starting early, shopping around, and comparing more than the headline rate. Kola Ifabumuyi, a certified mortgage planner with Mortgage Architects, suggests starting about four months out from your renewal date, or earlier for self-employed borrowers or anyone whose income has changed. He advises homeowners to gather their mortgage statement and renewal offer, check how many years remain on the amortization, and decide what monthly payment they can afford. Anyone considering switching lenders should also start pulling together income documents. Personal plans matter as well. For instance, when Ifabumuyi worked with a homeowner planning to sell soon after renewal, they focused on what the mortgage would cost until the sale and what it would cost to break the contract.

MarketsPublished: October 19, 2026 at 11:22a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. TORONTO — Canada’s main stock index dropped more than 300 points in late-morning trading, while U. S. markets were mixed. The S&P/TSX composite index was down 347.61 points at 35,828.94. Real-time TSX market updates hereIn New York, the Dow Jones industrial average was down 56.80 points at 51,945.61. The S&P 500 index was up 44.21 points at 7,703.65, while the Nasdaq composite was up 375.37 points at 26,515.41. The Canadian dollar traded for 70.93 cents US compared with 70.65 cents US on Friday. S&P 500 market updates hereThe December crude oil contract was down US$1.33 at US$97.69 per barrel. The December gold contract was down US$14.20 at US$4,166.90 an ounce.---This report by The Canadian Press was first published Oct. 19, 2026.

Published: October 19, 2026 at 11:08a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. WASHINGTON — Trump Tower had just opened and “The Art of the Deal” was three years from publication when 38-year-old Donald Trump suggested he could negotiate Russian arms control better than Ronald Reagan. “It would take an hour-and-a-half to learn everything there is to learn about missiles,” Trump told The Washington Post in 1984. It was all about dealmaking prowess. “You either have it, or you don’t,” he said. Before there was much talk of being a personal brand, Trump had landed on his: the consummate, swashbuckling, never-lose negotiator. It was an image he cultivated in the New York tabloids and later on reality TV, repeating it so often that, to his supporters, perception became reality. Now, as he zigzags the country for Republican candidates, from Florida to Alaska, Trump is exhorting voters to again embrace him as an unqualified success in a midterm election that has become a referendum on his presidency and his record as a dealmaker.