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Global National: April 12, 2023 | What's next as Bank of Canada's key interest rate holds steady?

CA, 13 Apr 2023
The Bank of Canada's benchmark interest rate is staying at 4.5 per cent, a move widely anticipated by economists. But how long will things stay the status quo? Anne Gaviola looks at what could trigger a hike, what needs to be done to avoid a recession and what market watchers are expecting the central bank to do by the end of 2023.

A delegation of Canadian MPs has now met with Taiwanese President Tsai Ing-wen, as China threatens to reclaim the independent island. Jeff Semple reports on Ottawa's show of solidarity with Taipei, and how Prime Minister Justin Trudeau is calling out Beijing's latest military drills around Taiwan.

Concerns are growing about how electric vehicles weigh significantly more than their gas-powered counterparts, and what that could mean for pedestrians and other drivers in a crash. Jackson Proskow explains why EVs are heavier and takes us along for a crash test to see how road safety is being evaluated.

Cancer-causing chemicals banned in Canada for a decade are still being found in high levels in electronic devices, clothing and children's toys, according to a University of Toronto study. Katherine Ward explains why the compounds persist despite the ban, and how one retailer and Health Canada are responding to the research.

Plus, after months of speculation, will Prince Harry and Duchess Meghan attend the coronation of King Charles III?

And are they hooped? Eric Sorensen breaks down why the Toronto Raptors face a foggy future regardless of their post-season outcome.

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