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On 20 November 2025, the Standing Senate Committee on Banking, Commerce and the Economy (the Committee) was authorized to examine and report on access to credit and capital markets for small- and medium-sized enterprises (SMEs)0F as the basis for growth and improved productivity in the Canadian economy. The Committee held 15 meetings on this topic, featuring approximately 24 hours of testimony from over 35 witnesses that included SMEs and representatives from various facets of the Canadian credit and capital markets. The Committee is calling for numerous fundamental changes to the Canadian financial system that would address the structural issues currently leading to persistent financing gaps for SMEs, the underinvestment of domestic capital in productive Canadian businesses and the loss of Canadian talent, business and intellectual property ownership. Recent events have dramatically accelerated the need to address this structural choke point in our economy where massive pools of assets remain inaccessible to our most promising growth companies and industries.

OttawaA 60-year-old man was struck and killed by a vehicle Wednesday morning in south Ottawa's Barrhaven neighbourhood, according to paramedics. Police seeking witnesses as they investigate death of 60-year-old manCBC News · Posted: Oct 14, 2026 8:33 AM EDT | Last Updated: October 15Listen 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.60-year-old man dies after being struck by vehicle in BarrhavenOctober 14|Duration 1:37Emergency crews were called to the intersection of Strandherd and Cresthaven drives around 6:20 a.m., where paramedics say a 60-year-old pedestrian had been struck and killed. A 60-year-old man was struck and killed by a vehicle Wednesday morning in Ottawa's Barrhaven neighbourhood, according to paramedics. Emergency crews were called to the busy intersection of Strandherd and Cresthaven drives around 6:20 a.m., paramedics said. The victim was pronounced dead at the scene, according to paramedics. Ottawa police have not released the pedestrian's name.

PEIThe case against the man accused of murdering a P. E. I. teacher in 1988 has unravelled after Charlottetown police revealed the evidence crucial to securing a conviction was missing. How did police lose key evidence, and what does that mean for the case?‘Nothing he could be sentenced to would ever bring Byron back,’ says victim’s brotherDevon Goodsell · CBC News · Posted: Oct 14, 2026 5:00 AM EDT | Last Updated: October 14Listen to this articleEstimated 4 minutesThe 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. Byron Carr, a teacher at Montague Regional High School, was found strangled and stabbed in in his home on Lapthorne Avenue nearly 38 years ago. (Submitted)The case against the man accused of murdering a P. E. I. teacher in 1988 has unravelled after Charlottetown police revealed the evidence crucial to securing a conviction was missing. How did police lose key evidence, and what does that mean for the case? All charges against Todd Joseph Irving, 59, were dropped on Tuesday.

Welcome to National Defence: Mapping Canada’s growth strategy, a Globe and Mail event on Oct. 14 in Ottawa that brings together defence leaders, policy makers and industry experts for an afternoon of discussions and networking. Federal plans to increase defence spending to 5 per cent of GDP by 2035 could translate into as much as $150-billion in annual investment. Beyond funding, delivering on this ambition will require speed, capacity, global partnerships and procurement strategies. During this pivotal moment for Canada, speakers will discuss the actions needed to scale capabilities, accelerate delivery and support Canada’s safety and security.

A complex winter season is on the way for folks across the eastern half of Canada as El Niño runs the table through the coming months. But don’t count out the country’s hallmark snow and cold just yet. Even the warmest winter can have quite a few tricks up its sleeve. WINTER SNEAK PEEK: El Niño puts record warmth in playEl Niño rules the roost this winterOne of the most powerful El Niño events on record continues to strengthen as it heads toward a likely peak early this winter. These historically warm Pacific waters have a profound effect on weather patterns from Cambodia to Canada. Past years dominated by strong El Niño events featured very warm winters as a whole. The winter of 2023-2024 holds the record for Canada’s warmest winter ever observed, after all. Above-seasonal temperatures are expected throughout almost all of Eastern Canada through the early winter months. Given current patterns and how previous years have unfolded, there’s high confidence in a very mild and potentially record-breaking December. The greatest opportunity for well-above normal temperatures exists over Ontario and southern Quebec. Content continues belowRELATED: El Niño vs.

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Open this photo in gallery:People take part in a rally over OSAP cuts outside Queen's Park in Toronto, in March. Allison Jones/The Canadian PressOntario’s colleges and universities minister has barred three career colleges from being able to offer publicly funded student financial assistance until at least 2030, after previously blocking them from the program just for this year. An order in May from Nolan Quinn meant that six schools, including four Academy of Learning locations, could not access the Ontario Student Assistance Program for the 2026-27 academic year, which most of them are fighting in court.

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Regina city council passed a motion Wednesday directing administration to prepare a report on Bell Canada's artificial intelligence (AI) data centre south of Regina and how it will impact the city. Residents say there are a lot of questions to be answered. "I want to know that proper assessment has been completed to ensure that this infrastructure will not impact the residents of this city, the environment in which I live in and the resources that I use to survive," Michael Malagride wrote in his submission to city council. "I do not want noise pollution. I want clean water and air. "The data centre is already being built in the RM of Sherwood. People filled the gallery in city hall's Henry Baker Hall to voice their concerns about the data centre at a city council meeting Wednesday. Taya Triffo, a member of the community group No Data Centres on Treaty Land, said she was in favour of the report because she believes it will provide concrete answers. "In an ideal world, in a world that recognizes treaty inherent rights, that recognizes that not everyone can make it to a single meeting on a single day, that free, prior, informed consent is so important," Triffo said.

The journey to become an Olympian or Paralympian is not a short one. It often takes many years of dedication to a sport, by both athlete and coach. One program that helps Canadian Olympic and Paralympic hopefuls at a pivotal stage in that journey is Petro-Canada’s Fuelling Athlete and Coaching Excellence (FACETM) Program. It’s intended for athletes who are showing potential as a future member of Team Canada but don’t yet qualify for government funding.

New BrunswickThe long saga of Fredericton’s search for a new, reliable pool is one step closer to completion. Location for project is most reasonable choice, city staff saysSam Farley · CBC News · Posted: Oct 14, 2026 6:58 AM EDT | Last Updated: October 14Listen to this articleEstimated 5 minutesThe 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. Fredericton Mayor Steve Hicks said council was showing that a new pool is their number one priority. (Aidan Cox/CBC)The long saga of Fredericton’s search for a new, reliable pool is one step closer to a finish.

Canada’s high household debt warrants concern, but the aggregate data do not point to a systemic debt crisis. The debt-service ratio (DSR), a more timely measure of financial strain than the debt-to-income ratio, has eased from its 2023 peak and sits slightly below its pre-pandemic level. Canada’s DSR is also not an international outlier, and the financial system has absorbed the recent rate cycle without widespread distress. National averages, however, conceal acute financial strain among particular groups. Lower-income households are increasingly spending more than their disposable income, while younger Canadians report greater difficulty meeting debt obligations. Pressure is also concentrated among highly leveraged homeowners in Toronto and Vancouver renewing mortgages at higher rates. Rising insolvencies are another warning sign, but existing data cannot distinguish cash-flow problems from cases in which debts exceed assets.

OTTAWA — Exports to the United States surged in August as Canadian businesses rushed to get ahead of looming U. S. tariffs. Statistics Canada said the country’s merchandise trade surplus increased to $4.2 billion in August, up from a surplus of $787 million in July. August marked the sixth monthly trade surplus in a row.

Open this photo in gallery:The Alberta Medical Association said if Albertans choose to separate, not only would the medical work force shrink, but health care in an independent Alberta would be left in limbo. Jeff McIntosh/The Canadian PressHundreds of physicians would not practise in Alberta if the province leaves Confederation, a survey by the organization that represents doctors in the province indicates. Of the 1,649 physicians surveyed by the Alberta Medical Association, 15 per cent said they would continue living and practising in Alberta if it became an independent country, and less than a quarter were uncertain about what they would do.