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Calgary Elects Record Number of New Councillors

Calgary voters elect two-thirds new councillors, creating the least experienced city council in over a century with independents leading the charge.

Calgary’s Council Sees Historic Turnover

Calgary’s upcoming city council will feature a record number of newcomers, making it the least politically experienced council in more than 100 years. Voters replaced two sitting councillors and elected 10 first-time representatives, reshaping governance from the inner city to the suburbs.

Fresh Faces Across the City

The new council includes a diverse mix of professionals: a constituency aide, a vintage furniture store owner, a lawyer, a junior oil company CEO, and a heating contractor. Notably, Landon Johnston, who spearheaded last year’s unsuccessful recall petition against former mayor Jyoti Gondek, won Ward 14.

Election Context and Outcomes

The shift comes as several incumbents chose not to seek re-election amid public dissatisfaction with Gondek’s council. Gondek herself finished third in the mayoral race, paving the way for Jeromy Farkas, a former councillor, to return as mayor. With Farkas and four other incumbents returning, two-thirds of council members will be newcomers.

“This council will face a steep learning curve,” said Andre Chabot, re-elected for a sixth term in Ward 10. Chabot, with over 16 years of experience, will become a key mentor to the rookies. Other returning councillors include Jennifer Wyness (Ward 2), Raj Dhaliwal (Ward 5), and Dan McLean (Ward 13).

Political Affiliations and Independence

The council’s composition spans multiple political affiliations but leans heavily toward independents. While Communities First and The Calgary Party secured a handful of seats, the majority of winners ran without party labels. Candidates like Myke Atkinson (Ward 7) and Harrison Clark (Ward 9) highlighted their non-partisan status during campaigns.

Andrew Yule, elected in Ward 3, said running as an independent “was a bonus for a lot of people” and emphasized the importance of focusing on results rather than party politics.

Council Challenges Ahead

The new council faces immediate challenges. Their first major task, scheduled for November, involves finalizing the city budget and determining property tax rate changes for 2026. Council members will also debate potential changes to Calgary’s blanket rezoning policies, including the regulation of row houses and multiplexes.

Farkas, in his victory speech, acknowledged the intensity of starting on council, comparing it to “drinking out of a fire hose,” and pledged to support new councillors navigating their first term.

Calgary’s New Council Members

  • Ward 1: Kim Tyers, constituency assistant (Communities First)
  • Ward 2: Jennifer Wyness, incumbent
  • Ward 3: Andrew Yule, VP of footwear company
  • Ward 4: D.J. Kelly, University of Calgary director (Calgary Party)
  • Ward 5: Raj Dhaliwal, incumbent
  • Ward 6: John Pantazopoulos, CEO of Lucky Strike Energy
  • Ward 7: Myke Atkinson, former service design lead
  • Ward 8: Nathaniel Schmidt, criminal defence lawyer
  • Ward 9: Harrison Clark, vintage store owner
  • Ward 10: Andre Chabot, incumbent (Communities First)
  • Ward 11: Rob Ward, marketing specialist (Communities First)
  • Ward 12: Mike Jamieson, construction project manager (A Better Calgary)
  • Ward 13: Dan McLean, incumbent
  • Ward 14: Landon Johnston, HVAC company owner

Calgary’s new council is set to be sworn in on October 29, ushering in a period of change and fresh perspectives at city hall.

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STO Strike Tentatively Ends; Buses to Resume Tuesday

Gatineau’s STO strike tentatively ends, with buses back on routes Tuesday at 3 p.m., easing disruptions for commuters and school transportation.

Gatineau Transit Set to Resume Operations

Société de transport de l’Outaouais (STO) buses are scheduled to return to their routes Tuesday at 3 p.m., following a tentative agreement between the Gatineau transit agency and union ATU 1557. The announcement comes after a one-day strike that disrupted services across the region.

Key Workers Reach Tentative Deal

The strike involved about 50 mechanic supervisors, inspectors, and trainers who were seeking better pay and improved job security. Both the STO and ATU 1557 confirmed the tentative agreement in early Tuesday news releases, though neither party has formally approved the deal, and the details remain undisclosed.

Schools and Commuters to Benefit

In addition to regular routes, STO confirmed that school bus services will resume by the end of the school day, minimizing further disruption for students and families. In 2024, the agency handled nearly 40,000 rides daily, with several routes crossing into Ottawa, highlighting the strike’s regional impact.

Timing and Next Steps

While buses are set to resume operations at 3 p.m. on Tuesday, the tentative agreement requires formal ratification by both the union members and the transit agency. Commuters are advised to stay updated through the STO’s official channels for any last-minute changes.

Regional Significance

The resolution of the strike is expected to restore normalcy to Gatineau’s public transit network and reduce travel challenges for commuters crossing into Ottawa. Both parties expressed optimism that the tentative deal addresses key concerns while maintaining service reliability.

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Canada Inflation Rises to 2.4% in September as Grocery and Rent Costs Climb

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Canada’s annual inflation rate rose to 2.4 per cent in September, exceeding economists’ forecasts and reinforcing the pressure on the Bank of Canada ahead of its next policy meeting.

Statistics Canada said Tuesday that grocery prices and rental costs were the main drivers of the increase, while gas and travel costs fell at a slower pace than expected. Economists had projected the headline rate to come in at 2.2 per cent.

When excluding gasoline, inflation climbed 2.6 per cent year-over-year. Shoppers paid 4 per cent more for groceries compared with September last year — with fresh vegetables, coffee, beef, and sugary products leading the price gains amid supply shortages.

Rental prices also continued to rise, up 4.8 per cent annually, making shelter the single largest contributor to inflation.

Gasoline prices declined 4.1 per cent year-over-year, a smaller drop than last year’s sharp fall linked to weaker global oil demand. Refinery disruptions in the U.S. and Canada, however, limited the price relief at the pumps.

The cost of travel tours and hotel stays also fell less sharply than usual for this time of year, as major events in the U.S. and Europe drove prices higher.

The September report marks the final inflation reading before the Bank of Canada’s Oct. 29 interest rate meeting. Two of the bank’s preferred core inflation measures remain above 3 per cent, exceeding its 1–3 per cent target range.

“This will make the Bank of Canada’s decision a bit more interesting next week than previously expected,” wrote Douglas Porter, chief economist at BMO. While markets had anticipated a rate cut, BMO said it now expects the central bank to hold steady.

Stephen Brown of Capital Economics noted that the stronger-than-expected inflation and jobs data could delay further rate reductions. “We’re still leaning toward another rate cut,” he said, “but the timing may depend on whether the Bank remains focused on job softness or inflation persistence.”

For Canadians, the latest numbers underline an uncomfortable truth — while inflation has eased from its pandemic peak, essential costs like food, rent, and shelter continue to weigh heavily on household budgets.

Blue Jays Fans Flood Toronto Streets After Historic Win Over Seattle to Reach World Series

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After 32 long years, Toronto’s baseball dream is alive again.

On Monday night, the Toronto Blue Jays defeated the Seattle Mariners 4–3 in a dramatic Game 7 at Rogers Centre, clinching the American League Championship Series (ALCS) and booking their first World Series berth since 1993.

As the final out was recorded, thousands of fans stayed in their seats to watch players celebrate on the field — before flooding into downtown streets to continue the party.

“We’re back, baby!” shouted Leo Bursui, who joined hundreds dancing and chanting outside Rogers Centre just before midnight. Wearing his parents’ vintage 1992 championship sweatshirt, he said he teared up when George Springer’s three-run homer gave the Jays the decisive lead. “It was electric. That was the moment,” he said.

It was the franchise’s first Game 7 victory in ALCS history, and the win sets up a World Series clash with the defending champion Los Angeles Dodgers, beginning Friday night in Toronto.

For fans like Sonya Fervaha of Vaughan, the celebration was years in the making. “I’m on cloud nine right now,” she said. “These boys deserve this — they’ve grinded all season long.”

The Blue Jays’ journey to the pennant has been improbable. Written off early in the season, the team fought back to win their division, swept the Yankees in the postseason, and outlasted the Mariners in a back-and-forth thriller that came down to the final innings.

“I think I was three years old the last time they went to the Series,” said Raja Oosiar of Scarborough. “Now I’m walking down the same halls with my dad again — it’s like the Raptors’ run in 2019.”

Even 1993 legend Joe Carter admitted the nerves hit differently this time. “It’s more nerve-racking watching than playing,” he said. “But I can finally breathe — the Jays are back.”

By midnight, Front Street was packed with cars, horns, and waving flags. But no one seemed to mind the gridlock. From sunroofs and sidewalks came a single chorus of joy echoing through downtown Toronto:

“Blue Jays to the World Series, baby! Let’s get it!”

Calgary’s Kevin Chen Earns Silver at 2025 International Chopin Piano Competition

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Calgary’s Kevin Chen, a 20-year-old piano prodigy, has earned the silver medal at the 19th International Fryderyk Chopin Piano Competition in Warsaw — one of the most prestigious classical music contests in the world.

Chen finished second behind American pianist Eric Lu, who claimed the gold medal after three days of final performances with the Warsaw Philharmonic Orchestra under conductor Andrey Boreyko. China’s Zitong Wang took the bronze.

The results were announced early Monday following lengthy deliberations by a 17-member jury chaired by Garrick Ohlsson, himself a past Chopin Competition winner. Chen receives a silver medal and €40,000 (about $65,000 CAD), while Lu earns €60,000 and the gold medal from the President of Poland.

Out of 84 pianists from around the world, five Canadians reached the main competition this year — Victoria Wong, Ryan Wang, Eric Guo, Athena Deng, and Chen.

A Rising Star in Classical Music

Born and raised in Calgary, Chen began playing piano at age five and made his orchestral debut with the Abbotsford Youth Orchestra at seven. By eight, he had already appeared on CBC Music’s “30 Hot Canadian Classical Musicians Under 30” list.

Now based in Hanover, Germany, Chen has rapidly become one of the brightest young pianists on the international scene. His recent victories include:

  • Arthur Rubinstein Piano Master Competition (Tel Aviv, 2023) – First Prize ($51,000)

  • Geneva International Music Competition (2022) – First Prize ($27,000)

  • Franz Liszt International Piano Competition (Budapest, 2021) – First Prize ($45,000)

For the Chopin final, Chen performed Chopin’s Piano Concerto in E Minor, Op. 11, captivating audiences with his balance of precision and emotion.

Continuing Canada’s Legacy

Canadian pianists have developed a proud tradition at the Chopin Competition. Bruce Liu of Montreal won gold in 2021, Charles Richard-Hamelin of Joliette earned silver in 2015, and Dang Thai Son, a Vietnamese Canadian, made history with his gold win in 1980.

Founded in 1927, the Chopin Competition is held every five years to honour the composer’s legacy. Its winners — including legends like Martha Argerich, Krystian Zimerman, and Seong-Jin Cho — often launch global concert careers.

For Kevin Chen, this silver medal marks another major milestone — and positions him as the next Canadian pianist poised for international stardom.

RCAF Defends Pilot Bonus Pay System as Dozens File Grievances, Refuse Promotions

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The Royal Canadian Air Force (RCAF) is defending its new experience-based pay structure for pilots after internal documents revealed widespread frustration, dozens of formal grievances, and even officers refusing promotions because it would cost them money.

The bonus system, introduced in spring 2021, was designed to address a critical pilot shortage identified by the auditor general in 2018. It aimed to match pay more closely with commercial airlines, rewarding pilots for years of flight experience rather than rank alone.

But according to an internal Defence Department evaluation obtained by CBC News, the plan was “poorly thought out,” lacked documentation, and “deviated from best practices” in allied air forces. The report says the system’s rollout was vague and “unsupported by evidence that higher pay would solve retention problems.”

85 Grievances Filed

The new structure has triggered at least 85 grievances from RCAF pilots who argue it is unfair and demoralizing. Some refuse promotions because advancing in rank would actually reduce their income.

“The potential for a captain to make more than a major results in some pilots refusing promotions,” the report states. “Many of these grievances remain unresolved.”

The RCAF currently operates at 66% staffing for frontline fighter squadrons and 90% overall, leaving the military short-handed as it prepares for the arrival of the new F-35 fleet.

Defence Department Response

The Department of National Defence insists the program is working as intended. It argues that the pay system “aligns pilot compensation with experience and qualifications” and allows those who want to stay in flying roles to be fairly rewarded.

An RCAF captain with 10 years of service now earns about $122,532 annually, excluding bonuses and allowances.

Defence Minister David McGuinty defended the plan, calling it “essential to retention efforts.” He told Parliament last month that the new scale ensures “skills- and competencies-based pay” while Canada continues collaborating with allies facing similar challenges.

RCAF commander Lt.-Gen. Jamie Speiser-Blanchet said the incentives have helped lure some retired pilots back. “Some of that was due to an increase in pilot pay,” he told MPs.

Critics Call It Misguided

Former major-general Duff Sullivan, who reviewed the report, said the system’s flaws were predictable.

“Having a junior officer earning more than a senior officer in the same unit makes no sense,” he said. “It’s a symptom of poor planning. Retention isn’t just about money—it’s about quality of life.”

Sullivan noted that commercial airline pilots can earn over $350,000 annually, making full parity unrealistic. Instead, he said, improving living conditions at remote airbases like Cold Lake, Alta., and Bagotville, Que., would make a greater impact.

Broader Military Strain

The pilot pay controversy comes amid wider personnel shortages across the Canadian Armed Forces. Despite a military-wide pay increase last summer, the Defence Department confirmed that the pilot bonus system remains a separate policy.

As the grievances pile up, the RCAF faces a growing dilemma: how to retain skilled aviators without deepening the rift between those flying Canada’s most advanced aircraft and those leading them.

Truro Police Officer Remains Off Duty a Year After Banana Peel Incident Deemed Unintentional

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More than a year after a banana peel was tossed onto his truck, Constable Brent Bowden of the Truro Police Service remains off duty — a situation that has exposed divisions within the force, the union, and the wider community.

Bowden, who is African Nova Scotian, discovered the banana peel on his vehicle in June 2024 and immediately recognized its racial undertones. “The racial context between Black people and monkeys is well known,” Bowden said. “With all the evidence they have, people should know this kind of thing is still happening.”

Security footage later revealed two officers leaving the detachment in heavy rain, one holding a banana. The peel was thrown from the passenger window of their vehicle and landed on Bowden’s truck.

The Town of Truro said an internal investigation found no evidence of intent, calling the toss accidental. But Bowden says that response amounted to “checking a box” rather than accountability. “My concerns were ignored,” he said. “There was no solution other than to return to work like nothing happened.”

An internal Police Act investigation found no misconduct, noting the act didn’t meet the threshold for discipline. The report did, however, recommend new cultural competency and unconscious bias training, which the town says has since been implemented along with a whistleblower policy.

Advocates, including DeRico Symonds of the African Nova Scotian Justice Institute, argue intent is secondary to impact. “Even if unintentional, the harm is real,” Symonds said.

Bowden, an Afghanistan veteran and former corrections officer, also suffers from PTSD linked to prior on-duty trauma. Psychologist assessments found the incident exacerbated his condition. “I don’t feel supported or safe in the workplace,” Bowden said.

The town’s return-to-work plan proposed keeping the involved officers away from Bowden, but he declined to return, leading to a temporary loss of benefits — later overturned by the Workers’ Compensation Board, which ruled his inability to work was legitimate.

Adding to the turmoil, Bowden’s union, the Atlantic Police Association, refused to represent him, citing conflicts of interest because his complaint involved fellow officers. The Nova Scotia Labour Board has since found there may have been a breach of fair representation.

Bowden has filed a human rights complaint and is seeking a public apology from the town to himself, his family, and the Black community. “I stand on the shoulders of ancestral giants who paved the way for me to serve,” he said. “I just want justice — not only for me, but for others who come after.”

The Town of Truro maintains that internal reforms have strengthened accountability, but Bowden’s case remains unresolved — a reminder of how a single act, intentional or not, can ripple through a community still struggling with trust and inclusion.

Jeromy Farkas Edges Sonya Sharp in Nail-Biter Calgary Mayoral Election

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In one of Calgary’s closest elections in decades, Jeromy Farkas has narrowly defeated Sonya Sharp to become the city’s next mayor.

Unofficial results released early Tuesday morning show Farkas received 91,065 votes, edging out Sharp, who garnered 90,480 — a difference of fewer than 600 ballots. The razor-thin margin, just 0.17% of the 348,626 votes cast, means Sharp is eligible to request a recount under Alberta’s election laws.

If confirmed, Farkas will become Calgary’s 38th mayor — and the first challenger to unseat an incumbent since 1980. The former Ward 11 councillor and longtime conservative voice campaigned on fiscal discipline, community safety, and restoring transparency at city hall.

Outgoing Mayor Jyoti Gondek, who made history in 2021 as Calgary’s first female mayor, conceded late Monday night. Speaking to supporters at the Palomino Smokehouse, she said:

“This didn’t end up the way we had hoped, but I’m proud of what we’ve built and grateful for the privilege of serving this incredible city.”

Brian Thiessen, former chair of the Calgary Police Commission and leader of The Calgary Party, also conceded, saying his campaign helped “build something real — a movement to put Calgarians first.”

Successful city councillor candidates are expected to be confirmed later Tuesday, with school trustee results to follow.

As the city awaits official certification, Calgary’s political landscape faces a new chapter — one shaped by tight margins, high voter engagement, and renewed debate over the city’s direction under Mayor-elect Jeromy Farkas.

Poll Shows 8 in 10 Conservatives Say Canada Is Taking In Too Many Immigrants

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Public support for immigration in Canada has plunged to its lowest level in decades, with a new Environics Institute poll showing that eight in ten Conservative voters believe the country is admitting too many newcomers — the sharpest negative swing ever recorded by the firm.

Overall, 56% of Canadians now say immigration levels are too high, up dramatically from just a few years ago. Among Conservatives, the number has doubled since 2020, rising from 41% to a record 82%.

“It’s a very striking sea change in opinion over a very short period of time,” said Keith Neuman, senior associate at Environics. The shift comes after three years of record population growth — roughly one million new residents annually, driven by international students and temporary foreign workers.

While frustration with housing shortages and strained healthcare systems are fuelling public discontent, Neuman emphasized that most respondents cite economic and policy concerns rather than cultural or racial reasons. “There’s no evidence this opposition is rooted in xenophobia,” he said.

For nearly half a century, Canadians largely viewed immigration as an economic and social strength. But that consensus appears to be fracturing — particularly along partisan lines. In 2001, attitudes among Liberal, NDP, and Conservative voters were relatively aligned. Now, the gap is the widest ever recorded.

Other research confirms the trend. A Nanos Research poll found nearly three-quarters of Canadians support cutting immigration levels, while Abacus Data reports immigration has become one of voters’ top three national concerns.

Former Conservative immigration minister Jason Kenney said the Liberal government’s approach has “turned Canada’s pro-immigration consensus upside down.” He argued the surge in temporary and student visas has undermined public trust. “We need to significantly reduce intake and weed out the fraud to save the system itself,” Kenney said.

Current Conservative leader Pierre Poilievre has echoed that sentiment, proposing hard caps on newcomers, the end of the Temporary Foreign Worker program, and stricter rules around birthright citizenship.

Prime Minister Mark Carney has also acknowledged that immigration levels are “not sustainable” and has called for a “more focused” policy approach.

According to Phil Triadafilopoulos, political science professor at the University of Toronto Scarborough, the Conservatives face a delicate balancing act. “They know their base wants a tougher stance,” he said, “but being too aggressive could alienate new Canadians — a key voting bloc in cities like Toronto and Vancouver.”

What was once a unifying issue in Canadian politics is now becoming one of its most divisive — and with an election on the horizon, immigration could emerge as a defining debate in the country’s political landscape.

Amelia Boultbee Quits B.C. Conservatives, Calls for John Rustad’s Resignation

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The B.C. Conservatives have lost another member after Amelia Boultbee, MLA for Penticton–Summerland, announced her resignation from the caucus and called for party leader John Rustad to step down.

“I am leaving because John Rustad’s failed leadership needs to end,” Boultbee said during a press conference on the legislature steps Monday morning. “He invited me to ‘get the F out’ if I don’t like it — and I’ve taken him up on that offer.”

Boultbee accused Rustad of alienating both moderate and conservative voices in the party, warning that his leadership is “handing the NDP a victory” in the next election.

Rustad, in turn, accused Boultbee of leaking confidential caucus information to the media. “She was leaking everything to everyone, and obviously those leaks cannot carry on,” he said.

Boultbee denied the allegation, calling it “a bold-faced lie,” and warned she would pursue legal action if Rustad continued to repeat it.

The fallout comes days after Rustad admitted to searching his MLAs’ phones to find the source of media leaks. He defended his actions but later raised concerns about Boultbee’s “health,” comments that sparked backlash within his own ranks.

Conservative MLA Brennan Day criticized Rustad’s remarks, saying, “To weaponize or trivialize someone’s health condition, mental or otherwise, is harmful to those who already face stigma in silence.”

Boultbee said she had previously confided in Rustad about her struggles with mental health after working on a disturbing child abuse case in her critic role. “The fact that he used that against me shows his true character,” she said.

The B.C. Conservatives — now down to 39 MLAs from 44 after election day — have seen a steady exodus. Two former members, Dallas Brodie and Tara Armstrong, formed a new party called One B.C., while Jordan Kealy and Elena Sturko now sit as Independents.

Boultbee said she would consider rejoining the Conservatives if a new leader took charge. Sturko, who was expelled from caucus in September, said Rustad’s “lack of trust” and “paranoid leadership” are tearing the right-of-centre movement apart.

“The fact that he’s searching cellphones and accusing every Tom, Dick and Harry of leaks shows a failure of leadership,” Sturko said. “The right of centre is more splintered now than ever.”

Political strategist Allie Blades said the party’s internal battles are overshadowing its role as Official Opposition. “The MLAs are doing great work holding the NDP accountable, but the leader’s controversies are distracting from that mission,” Blades noted.

Despite mounting dissent, Rustad insists he’s focused on “one direction only — bringing down Eby’s NDP.”

Boultbee’s departure marks the fifth defection since the election, leaving the B.C. Conservatives struggling to maintain cohesion just months before voters head back to the polls.

Muslim Woman Assaulted at Ottawa Transit Station Questions Police Silence Over Alleged Hate Crime

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A 64-year-old Muslim woman who was allegedly assaulted at Ottawa’s Blair transit station is questioning why police never made the incident public, despite confirming that their hate and bias crime unit handled the investigation.

Arfon Barow, who wears a hijab, says the attack on August 25 left her with lasting injuries. “I want people to know my pain, to see what happened to me,” she said through interpreter Abdirizak Mohamud, director of the Suradway Parents’ Association of Ottawa.

Barow said she was verbally harassed and filmed by a woman on an OC Transpo bus. When she got off at Blair Station, the woman allegedly followed her and assaulted her. “She came after me and started hitting me without saying anything,” Barow recalled. “There were many people, but nobody intervened.”

Police confirmed that special constables responded to an assault complaint on Blair Road that day and later charged a 49-year-old woman with assault causing bodily harm. Yet, neither the Ottawa Police Service (OPS) nor OC Transpo issued any public statement at the time.

Barow says she repeatedly checked the news, waiting for coverage that never came. “When it happened to me, total silence,” she said.

Mohamud criticized the lack of transparency, arguing that consistent reporting of hate-motivated incidents is essential for building trust. “When some cases get immediate attention while others involving Black women go unreported, it sends a painful message,” he said.

OPS told CBC that not every hate-related investigation is publicized, citing privacy and investigative concerns. However, they routinely share updates when public assistance is needed.

Community leaders say that inconsistency undermines trust. Aisha Sherazi, a Muslim community leader, called it “a catch-22” for police but said awareness is crucial. “As a visible Muslim, I would like to know what’s happening. Transparency helps prevent fear and builds shared responsibility for safety.”

OC Transpo’s chief special constable Peter Scislowski said the agency is working with OPS on “new initiatives” to address hate-motivated incidents, though details remain under discussion.

For Barow, who is still recovering from her injuries, the silence feels heavier than the assault itself. “I just don’t want this to happen to someone else,” she said quietly.

Canada’s September CPI Preview and Implications for Bank of Canada Rate Decision

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Canada’s upcoming inflation release will provide a pivotal snapshot for the Bank of Canada (BoC) as it weighs its policy path. On Tuesday, Statistics Canada is set to publish the Consumer Price Index (CPI) for September, offering fresh insight into price dynamics and underlying inflation trends.

Economists are forecasting a 2.3 % year-on-year rise in the headline CPI for September, up from 1.9 % in August. On a monthly basis they expect a modest drop of 0.1 %, mirroring the prior month’s contraction. The core inflation gauges—such as CPI-trim, CPI-median and CPI-common, which exclude volatile food and energy components — remain under close watch. In August, the BoC’s preferred core measure stood at about 2.6 % annually. Additional measures like the trimmed and median still hover near 3 %, signalling persistent underlying price pressure.

These figures arrive just ahead of the BoC’s scheduled meeting on October 29, where markets widely expect the Bank to cut its benchmark policy rate by 25 basis points to 2.25 %. However, that move is not assured. If the inflation print surprises to the upside — for example, showing an uptick in core measures or reflecting trade-tariff cost pass-through — it may force the Bank to adopt a more cautious stance.

In that scenario, the Canadian dollar (CAD) could strengthen, reflecting an expectation that the BoC will delay easing. Traders are already focused on the USD/CAD pair — resistance around 1.4080 has been highlighted, while support zones near 1.3960 and lower are closely watched in technical terms.

For the BoC, the risk is clear: elevated core inflation combined with external cost pressures (like U.S. tariffs) may limit room for cuts. The Bank emphasises it will act “one meeting at a time” and remains ready to respond if inflation risks increase. The upcoming CPI release is thus a critical test of whether inflation is truly moderating or whether underlying pressures remain intact.