Plane crash investigation, U.S. and Russia meet, inflation at 1.9 per cent, and more.

There’s still not a lot of detail on what caused yesterday’s crash at Pearson airport in Toronto. What we do know: all 80 people on board survived. We have some of their stories, and details on the safety features and protocols that may have kept them alive. 

Representatives for the U.S. and Russia met in Saudi Arabia today to discuss multiple issues – including Ukraine. Not on the invite list: anyone from Ukraine. Moscow and Washington have agreed to appoint a negotiating group, ostensibly to find an end to the war. Ukraine and Europe want to know how that happens without Kyiv. 

On the one hand: a tax holiday. On the other: rising energy prices. Both of those played a part in January’s inflation rate. Canada's consumer price index rose to 1.9 per cent. Peter Armstrong tells us what that means for your wallet, and what it could mean for the next interest rate setting. 

Plus: DOGE claims it has cut $55 billion in U.S. government spending, Hamas pledges to release six hostages on Saturday, and more.