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Alberta Launches Urgent Review After Edmonton Man Dies Waiting for ER Care

  Prashanth Sreekumar, 44, shown in this undated handout photo with his wife and three children. The Alberta government has ordered an urgent review after a 44‑year‑old Edmonton man died while waiting nearly eight hours for care in a hospital emergency department. Prashanth Sreekumar, a father of three, arrived at Grey Nuns Community Hospital earlier in the week experiencing severe chest pain. Initial tests reportedly showed no abnormalities, but his condition worsened as he waited to see a physician. Sreekumar suffered an apparent cardiac arrest in the waiting area and could not be revived. His death has sparked widespread concern about emergency room wait times and the strain on Alberta’s health‑care system. Health Minister Matt Jones directed Acute Care Alberta and Covenant Health to conduct a joint review of the circumstances leading to the incident, while the Office of the Chief Medical Examiner has also launched an independent investigation. Family members and friends say ...
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Bank of Canada Cuts Rate by Quarter Point Amid Tariff Uncertainty

The Bank of Canada announced a quarter-point reduction in its key interest rate on Wednesday, bringing it down to 3%. This marks the sixth consecutive rate cut since June 2024. The central bank cited stabilized inflation and a strengthening economy as reasons for the cut. However, it also highlighted the looming threat of U.S. tariffs as a significant source of uncertainty.

Governor Tiff Macklem emphasized that while the economy is showing signs of improvement, the potential for broad-based tariffs could pose a major challenge. The Bank of Canada revised its GDP growth forecast downward to 1.8% for 2025 and 2026, factoring in lower population growth and increased policy uncertainty.

The central bank presented several scenarios in which tariffs could impact the economy, projecting a potential reduction in GDP by 2.4% in the first year if tariffs are imposed. Macklem stated that the bank would closely monitor developments and assess the implications for economic activity and monetary policy.

The decision to cut rates comes as the U.S. threatens to impose 25% tariffs on Canadian goods. The Bank of Canada warned that such tariffs could lead to a recession in Canada, but it also indicated that it might refrain from further monetary policy support to avoid reigniting inflation.

The central bank's cautious approach reflects the delicate balance it must maintain in the face of economic uncertainties and the potential for a trade war with the U.S.




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