18.03.2026

"Canada Faces Key Decisions Amid Global Turmoil"

Here is a roundup of stories from The Canadian Press designed to bring you up to speed … Bank of Canada to make interest rate announcement The Bank of Canada is expected to make an interest rate announcement this morning as it weighs the effects of the conflict in the Middle East, trade uncertainty and recent economic data

A roundup of important news stories from The Canadian Press highlights several significant events shaping Canada and the world at present.

Bank of Canada Interest Rate Announcement

This morning, the Bank of Canada is expected to announce its interest rate decision, taking into consideration the ongoing conflict in the Middle East, trade uncertainties, and recent economic data. The central bank's key lending rate currently stands at 2.25 percent after being held steady in January. However, the economic situation has changed significantly since that time.

A poll conducted by Reuters indicates that economists widely anticipate the central bank will maintain its current policy rate. The Bank of Canada is navigating complex challenges in establishing monetary policy this year, including inflation risks driven by global oil price fluctuations linked to the U.S.-Israeli conflict concerning Iran and uncertainties surrounding the upcoming review of the North American trade agreement.

Canadians Favor Neutrality in Iran Conflict

A recent Leger poll reveals that two-thirds of Canadians believe that Canada should adopt a neutral stance in the ongoing war in Iran. The online survey, conducted from March 13 to March 16 among 1,608 Canadians, found that 67 percent support neutrality, while approximately 25 percent expressed a desire for Canada to support the United States and Israel in their military actions against Iran. The poll's methodology does not allow for a margin of error to be assigned.

P.E.I. Health Minister Mark McLane Passes Away

Mark McLane, the Progressive Conservative Member of the Legislative Assembly (MLA) for Cornwall-Meadowbank, passed away on Tuesday at the age of 52 due to an unspecified medical condition. McLane was first elected in a 2021 by-election and re-elected in 2023, quickly establishing himself as a key figure in the government.

He held various important roles, including Minister of Finance and Chair of the Treasury Board, before becoming the Minister of Health and Wellness, where he was responsible for tackling issues like system pressures and workforce challenges within the healthcare sector. Premier Rob Lantz praised McLane for his dedication, integrity, and commitment, highlighting his compassionate leadership.

Former Snowbird Pilot Fights Passport Cancellation

Jayson Miles-Ingram, a former captain with Canada’s Snowbirds, claims that his career has been devastated due to the wrongful cancellation of his passport. This cancellation occurred after he worked with a pilot training company identified by the U.S. government as an entity significantly aiding the Chinese military. Miles-Ingram states in his appeal to the Federal Court that he served honorably in the Canadian Armed Forces for nearly 21 years before transitioning to flight instruction in Dubai and later in China.

His appeal alleges that his work in China was primarily focused on pilot training and other aviation services. He began seeking alternative employment in 2024 after the issues surrounding his passport emerged.

Brian Stewart's Memoir Shortlisted for Literary Prize

Broadcast journalist Brian Stewart's memoir, "On the Ground: My Life as a Foreign Correspondent," has been shortlisted for this year's Shaughnessy Cohen Prize for Political Writing. The Writers’ Trust of Canada announced the short list, praising Stewart’s work for its insightful perspective on contemporary issues and Canada’s position in the global context.

Alongside Stewart's memoir, other nominated works include "On Oil" by Don Gillmor, which delves into the petroleum industry's impact on Canada, and "Encampment: Resistance, Grace, and an Unhoused Community" by Maggie Helwig, which offers a vital exploration of homelessness in Canada.

David Suzuki Reflects on His Legacy at 90

As he approaches his 90th birthday, renowned environmentalist David Suzuki reflects on his lengthy career, acknowledging certain defeats while expressing hope for the future. In anticipation of the release of his forthcoming book, "Lessons from a Lifetime," which includes personal photographs and stories, Suzuki emphasizes the importance of effort over success. He candidly states that although environmentalists have faced significant challenges, he takes pride in having tried to make a positive impact. Suzuki aims to leave a legacy for his grandchildren centered on the value of striving to make a difference, regardless of the outcomes.