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European Investment Bank applies for exemption from foreign bank status
EU Investment Bank looks to operate in Canada
The European Investment Bank has applied for an exemption from foreign bank status in Canada, a move that would bring the lending arm of the European Union one step closer to operating here.
The request was published today in the Canada Gazette, the government's weekly publication listing new regulations and official notices.
The bank and the Canadian government signed a letter of intent in March committing to look for new ways to work together in areas like critical minerals.
The goal of that letter is to help ensure stable supply chains for various minerals and metals used in the clean energy, tech and defence sectors.
The March letter says that while the arrangement does not create financial commitments, it was meant to start discussions on allowing the investment bank to operate in Canada.
This application comes ahead of the Canada-EU Summit in Montreal at the end of October, where Canada and the EU are expected to announce the next steps in a deepening partnership.
This report by The Canadian Press was first published Oct. 16, 2026.
By David Baxter | Copyright 2026, The Canadian Press. All rights reserved.
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Durham Region constable charged with assault over incident during arrest: police
Durham Region constable charged with assault
THE CANADIAN PRESS/Doug Ives
A Durham regional police officer has been charged with assault over an incident the force says happened during an arrest.
Police say Const. Brandon Welsh-Battiste faces one count of assault and has been released on an undertaking.
They say Welsh-Battiste has served three years with the force and has been reassigned to administrative duties until the court case is finished.
He will then face an internal investigation.
Police did not provide any details regarding the alleged assault.
Investigators are asking anyone with information about the case to come forward.
This report by The Canadian Press was first published Oct. 16, 2026.
Copyright 2026, The Canadian Press. All rights reserved.
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Police look to cause of fiery Calgary bus crash, try to identity third person killed
Cause of fiery Calgary bus crash unknown: police
Police are trying to determine the cause of a fiery bus crash in Calgary that killed three passengers and injured 16 others, including a police officer.
Two transit buses were involved in the chain-reaction crash with several other vehicles Thursday on a busy road in the city's northeast.
Police say the three who died were on a bus with natural gas tanks that ignited into flames and, within seconds, intensified and caused an explosion.
They say two of the victims have been identified and work to identify the third is ongoing.
The bus driver was able to escape, the driver of the other bus was taken to hospital with life-altering injuries, and the officer who rushed to help is recovering at home.
Calgary Mayor Jeromy Farkas has said the officer ran onto the burning bus to save a child.
Police say it's too early to determine whether impairment, speed or distraction contributed to the crash.
By Bill Graveland | Copyright 2026, The Canadian Press. All rights reserved.
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