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CBC Top Stories

Sri Lanka grants military sweeping powers after 290 killed in Easter attacks

Sri Lanka, bomb blast, mourner

Sri Lanka's president has given the military sweeping wartime powers a day after a string of bombings at churches and luxury hotels killed 290 people and wounded about 500.

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Canadian researchers warn of 'cascading impacts' as bumblebee species decline

Bumblebee

A team of researchers are York University has warned that the American bumblebee is facing imminent extinction from Canada, and this could lead to “cascading impacts” throughout the country.

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Millennials earn more than their parents did — but owe a lot more

mortage debt bills woman stress concern

Millennials make more money than previous generations in that demographic cohort, but are also saddled with much more debt, even adjusted for inflation, according to new Statistics Canada data that confirms what has been long suspected.

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D'Oh Canada! Canadian journalist voicing Trudeau on The Simpsons thanks to YouTube video

TV The Simpsons Trudeau 20190422

Lucas Meyer's impression of Canada's prime minister caught the attention of The Simpsons producers and he'll be the voice of Justin Trudeau in an upcoming episode.

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Flooding forces hundreds from Quebec homes as New Brunswick, Ontario also deal with spring thaw

Flooding

Flooding from the spring thaw and rain has affected more than 2,500 homes in Quebec and 1,700 residents have been evacuated, according to the latest numbers by Urgence Québec. Hundreds of Canadian soldiers were helping volunteers fill and stack sandbags.

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Canada Revenue Agency writes off $133M owed by one taxpayer

Tax Website Down

CRA commissioner Bob Hamilton last fall approved the writeoff of a huge tax debt of $133 million owed by one taxpayer, though the agency won't say whether it was an individual or firm. A spokesperson acknowledges writeoffs of that magnitude "are not common."

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Ukraine's routed leader vows 'strong opposition' in parliament

Ukraine Election

The outgoing president of Ukraine is telling supporters he plans to try to win the job back in a future election. President Petro Poroshenko, first elected in 2014, was routed by comedian Volodymyr Zelenskiy in a runoff election on Sunday.

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SpaceX loses its first crew capsule in fiery test incident

SpaceX Capsule Test

SpaceX has suffered a serious setback in its effort to launch NASA astronauts into orbit this year, with the fiery loss of its first crew capsule during testing.

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CBC Business

Millennials make more than previous generations, but owe much more too, StatsCan numbers confirm

mortage debt bills woman stress concern

Millennials make more money than previous generations in that demographic cohort, but are also saddled with much more debt, even adjusted for inflation, according to new Statistics Canada data that confirms what has been long suspected.

full story

TV subscriptions will be outnumbered by streaming customers next year, report predicts

person watches television with remote control and book

The number Canadian households paying for at least one streaming video service will eclipse traditional TV subscribers for the first time next year, predicts an annual report on consumer habits.

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U.S. to end exemptions on Iranian oil sanctions for 5 nations, including China

IRAN OIL

The U.S. is ending exemptions from sanctions for countries that import Iranian oil, according to the White House, which said in a statement it is taking "timely action to assure that global demand is met as all Iranian oil is removed from the market."

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Your bank or credit card company may be sharing more than you know

Vanessa Acuña

A Vancouver woman is sounding the alarm for millions of Canadians who have credit and debit cards, after her financial information was shared without her realizing it. Turns out, some cards have “updating services” that allow banking information to be shared with other companies — a little-known fact for most customers, and something a privacy expert says needs to change.

full story

Canada Revenue Agency writes off $133M owed by one taxpayer

Tax Website Down

CRA commissioner Bob Hamilton last fall approved the writeoff of a huge tax debt of $133 million owed by one taxpayer, though the agency won't say whether it was an individual or firm. A spokesperson acknowledges writeoffs of that magnitude "are not common."

full story

'Cold comfort': Ottawa's plans to protect pensions not good enough, say critics

YEAR Business Story 20171218

The federal government's latest proposed measures to protect pensions don't actually accomplish much, according to pensioner groups disappointed with the policy outlined in the Trudeau government's omnibus budget bill.

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