Carney says Canada in mourning following military base deaths in Alberta
Prime Minister Mark Carney delivered a statement in Ottawa on Sunday about a deadly, fast-moving fire at CFB Wainwright in Alberta. The fire on Saturday killed four service members and wounded dozens more.
Here is the text of Carney's remarks:
Yesterday afternoon, a violent, fast-moving fire swept through the Canadian Armed Forces Base in Wainwright, Alta.
What followed was one of the worst tragedies for the Forces on Canadian soil in peacetime.
I regret that I can confirm at this time that four service members have lost their lives and their next of kin have been notified. Dozens more are seriously wounded.
As the situation is evolving rapidly, I have asked that a detailed account and formal briefing be provided to Canadians this afternoon by senior officials on the ground in Wainwright, including the minister of national defence, Canada’s minister of emergency preparedness and Maj.-Gen. Wade Rutland of the Canadian Army. They will be joined by provincial ministers and senior officials.
I would like to take this opportunity to commend the close collaboration between all levels of government. Since last evening, Premier Smith and I have been in regular contact. Our ministers and officials have co-ordinated the response deploying resources from the CAF, public safety, local fire department, Alberta emergency and medical services.
The nation is in mourning for those brave members of our Armed Forces whom we have lost. And I have asked the flags on all federal buildings to be flown at half-mast to honour them. We are praying for the wounded. And we stand in solidarity and compassion for the families, friends and colleagues of all those affected by this tragedy.
Canadians come together in crisis. That is the best of our country.
Military and civilian crews fought this fire through the night, in some of the worst conditions imaginable, risking their lives to protect their fellow Canadians.
STARS air ambulance crews flew in from Edmonton and Saskatoon. Paramedics, nurses, and doctors in Wainwright, Edmonton, Red Deer and Calgary caring for victims. The people of Wainwright are taking care of their own.
Thank you to Albertans and Canadians who are giving blood, who are feeding and housing emergency crews, who are providing solace and comfort to those in their darkest hour.
Those affected came from bases across the country, including reservists and soldiers from the storied Princess Patricia’s Canadian Light Infantry. Throughout Canada’s history, the Princess Pats have fought for freedom, democracy and human dignity — in the First World War, in the Second, in Korea, in Afghanistan and during numerous peacekeeping missions
That is the record, that is the standard, those are the values of the women and men who were training on the Alberta prairie yesterday afternoon when disaster struck. That commitment, that service, those ideals are the debts we, as Canadians, owe to them.
Our country depends on the women and men of the Canadian Armed Forces. Our rights, our freedoms, our way of life are fought for and defended every single day by Canadians who answer the call.
CFB Wainwright is where the women and men of our Armed Forces learn to do the hardest things this country can ask of anyone. Those we lost and who were injured were training to defend Canada. To serve Canada.
Now Canada serves them.
We will be there for their families for as long as they need. We will care for the injured through every step of their recovery. And we will stand by the women and men of our Armed Forces as they bear the weight of this loss.
They will not carry it alone. In Canada, we take care of one another.
Thank you.
This report by The Canadian Press was first published Oct. 18, 2026.
Copyright 2026, The Canadian Press. All rights reserved.
No sign of 'terrorist activity' in deadly fire at Alberta military base: Forces
The Armed Forces say there's no indication a fire that erupted at an Alberta military base, resulting in deaths and injuries, was the result of terrorist activity.
The fire ripped through a training area at CFB Wainwright on Saturday, spreading beyond the massive base southeast of Edmonton.
The military says it's not confirming details or numbers of casualties until families have been notified.
Defence Minister David McGuinty says he's on his way to Edmonton and will be briefed on the latest developments.
Late Saturday, the minister underscored the seriousness of the fire, saying he couldn't "recall an incident like this in recent memory."
The Forces say the full extent of the fire is still being determined.
"While the incident remains under investigation, at this time, there are no indications that it was the result of any terrorist activity," a spokesperson said in an email to The Canadian Press on Sunday.
"We will provide additional information as it becomes available."
Fire crews worked to beat back flames that spread beyond the base and prevented the fire from reaching the town of Wainwright, where at least 10 ambulances were seen parked in and around the local health centre late Saturday.
Acute Care Alberta said significant medical resources were needed to respond and that a "code orange had been activated at several hospitals across the province.
It said the code is declared when health resources need to be co-ordinated for "an incident that results in multiple severe patients needing care at the same time."
The fire also disrupted advance voting for Monday's provincial referendum on whether Alberta should hold a binding separation vote.
Elections Alberta said two advance polling locations — in Lloydminster and Vermilion — were closed early Saturday and the ballots transported securely.
CFB Wainwright is one of Canada's busiest bases and is used mainly to train soldiers and prepare units for combat operations.
This report by The Canadian Press was first published Oct. 18, 2026.
By Fakiha Baig | Copyright 2026, The Canadian Press. All rights reserved.
Five things to watch for in the Canadian business world in the coming week
Five things to watch for in the Canadian business world in the coming week:
Alberta referendum
Albertans vote on Monday on 10 referendum questions including whether or not to hold a binding referendum on the province leaving Canada. Elections Alberta officials say the separation question will be counted first with the result expected to be known sometime early the following morning.
Stellantis strike vote
Unifor, the union representing more than 9,000 workers at Stellantis, will release results Monday of a weekend strike vote by workers at the automaker. The union has said a strike mandate would give its bargaining committee leverage to reach a negotiated agreement, calling strike action a last resort. A major sticking point in the contract talks is the future of the Brampton, Ont., assembly plant, which Stellantis wants to sell to defence contractor Roshel.

Inflation
Statistics Canada will release its September inflation reading on Monday when it publishes its consumer price index for the month. The report is expected to help give the Bank of Canada a look at how energy price pressures are influencing other parts of the economy. The annual inflation rate in August was three per cent, matching the pace set in July.

Outlook survey
The Bank of Canada will release its business outlook survey and its survey of consumer expectations on Monday. They come ahead of the central bank's next interest rate decision and monetary policy report scheduled for Oct. 28.

Rogers results
Rogers Communications Inc. will report its third-quarter financial results on Friday. The company recently completed its purchase of the remaining 25 per cent stake in Maple Leaf Sports & Entertainment it did not already hold, giving it complete ownership of the sports conglomerate that includes the Maple Leafs, Raptors, Toronto FC and Argonauts.
This report by The Canadian Press was first published Oct. 18, 2026.
Companies in this story: (TSX:RCI.B)
Copyright 2026, The Canadian Press. All rights reserved.

6 avantages de placer un peu de sous dans ton REER chaque année
Le plus tôt, le mieux!
À première vue, il peut sembler difficile de bien saisir le principe du REER, ses caractéristiques ainsi que ses avantages.
Tu te demandes peut-être quelle somme cotiser par année ou encore si tu peux utiliser ton REER pour certains de tes projets? Sache que Desjardins est là pour répondre à tes questions et te conseiller sur ce sujet et bien d'autres.
Le régime enregistré d'épargne-retraite (REER) est un véhicule de placement qui te permet, entre autres, d'accumuler de l'argent à l'abri de l'impôt et de réduire ton revenu imposable.
Combiné à de saines habitudes financières, le REER t'aidera à réaliser tes projets et à bénéficier d'une retraite heureuse et confortable.
Voici donc 6 avantages à investir chaque année dans un régime enregistré.
Investir à l'abri de l'impôt
Gabriel Vergani | Dreamstime
Faire un placement dans un REER te permet d’investir de l'argent à l'abri de l'impôt pour tes projets et ta retraite et de maximiser ton investissement sur le long terme, puisque les revenus générés dans ce régime sont imposables seulement au moment où tu les retires.
Et comme le taux d'imposition est normalement moins élevé à la retraite que durant la vie active, tu devrais payer moins d'impôts à la sortie de tes fonds.
Réduire son revenu imposable
Petrkurgan | Dreamstime
Lorsque tu cotises à ton REER, tu diminues, par le fait même, ton revenu imposable. Tu pourrais donc payer moins d'impôt et si tu y es éligible, augmenter tes prestations gouvernementales.
Sache que différents placements sont admissibles dans le REER comme les épargnes à terme, les placements garantis liés aux marchés et les fonds de placements.
Simplifier le financement d'un retour aux études
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Savais-tu qu'il est possible d'utiliser ton REER pour financer ton retour aux études? Le Régime d'encouragement à l'éducation permanente (REEP) est un programme qui te permet de retirer jusqu'à 20 000 $ de ton REER sur une période de quatre ans pour retourner sur les bancs d'école.
Dans le cadre de ce programme gouvernemental, tu n'as pas à payer d'impôt sur les sommes retirées. Tu devras par contre rembourser le montant du retrait sur une période de 10 ans. Un avantage considérant les coûts engendrés par la vie d'étudiant.e!
Faciliter l'achat d'une première maison
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Connais-tu le Régime d'accession à la propriété (RAP)? Ce programme gouvernemental te permet de retirer jusqu'à 35 000 $ de ton REER pour financer l'acquisition ou la construction de la maison de tes rêves, et ce, sans payer d'impôts.
Une fois tes fonds retirés, tu disposes d'un délai maximal de quinze ans pour rembourser la somme, sans intérêts.
Ainsi, tu dois commencer à payer deux ans après le retrait. Une méthode efficace et facile à appliquer pour t’aider dans l'achat de ta première résidence!
Profiter d'avantages fiscaux immédiats
Andrew Neel | Unsplash
Déposer une cotisation annuelle dans ton REER t'offre la possibilité de réduire ton impôt à payer et peut-être d'obtenir un remboursement d'impôt. Différents facteurs sont pris en compte afin de calculer ce montant tels que ton revenu, ta situation familiale et les différents crédits auxquels tu as déjà droit.
À noter que si tu as reçu un montant d’une aide gouvernementale, par exemple la PCRE, il demeure important de prévoir un montant minimal à cotiser à ton REER, pour ceux dont le revenu excède 38 000 $.
Comme ce revenu n'a pas été imposé à la source, déposer une somme à ton REER te permettra de réduire ton revenu imposable annuel et de payer moins d'impôts.
Profiter d'une retraite en toute quiétude
Jerome Cid | Dreamstime
Comme plusieurs, tu as probablement l’impression que la retraite est si lointaine que tu as largement le temps de commencer à épargner d’ici là.
Mais dis-toi que le REER offre des avantages fiscaux intéressants et que le plus important demeure de commencer à épargner tôt et de développer de saines habitudes financières pour t'assurer de pouvoir réaliser les projets qui te tiennent à cœur.
Si tu veux savoir combien tu peux cotiser cette année, tu peux consulter ton « Maximum déductible au titre du REER » à Mon dossier sur le site de l’Agence du revenu du Canada.
Sache que le maximum déductible se compose des droits de cotisation pour 2021 équivalent à 18 % de ton revenu gagné de l'année précédente, maximum 27 830 $ auxquels s’ajoutent les droits non utilisés des années précédentes.
Il est donc important de valider le tout avant d'effectuer un dépôt.
Si tu souhaites découvrir plus d'outils et de conseils sur l'épargne, l'investissement, les prêts et les finances personnelles, tu peux consulter le site Web de Desjardins ou encore leur page Facebook, Instagram, Twitter, YouTube ou LinkedIn.
Ce contenu est à titre informatif seulement et ne constitue pas un conseil financier, d'investissement, juridique, fiscal ou comptable.