Your World Tonight Bank of Canada rate cut, adding citizenship to driver’s licenses, Trump gets royal reception, and more
Sep 17, 2025
The Bank of Canada cuts its key interest rate, signaling economic concerns ahead. Alberta faces privacy issues as plans to add citizenship info to driver’s licenses raise questions. Donald Trump receives a grand welcome in the UK amidst debates over trade deals. A disturbing case of a swim instructor accused of multiple assaults brings attention to youth safety. Plus, climate change's link to extreme heat waves is explored, alongside some light-hearted viral bird calls.
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Auto Supplier Reports Big Sales Drop
- Jonathan Azapardi of Laval Tool says sales dropped about 25 percent because of tariffs, leaving his region with high unemployment.
- He doubts a single rate cut will prompt businesses to resume investment amid trade uncertainty.
Rate Cut To Weather Trade Shock
- The Bank of Canada cut its policy rate by 25 basis points to 2.5% to support a weakening economy hit by U.S. tariffs.
- The cut aims to ease debt costs for households and firms but won't instantly trigger big new investments.
Mortgage Holder Sees Immediate Relief
- Mesbah Mahatab of Whitby expects his mortgage payment to fall around $50–$80 from the rate cut.
- He says even small monthly savings provide welcome relief.
