Blog

By Dylan Robertson The Canadian Press Posted October 1, 2025 12:14 pm 1 min read Descrease article font size Increase article font size Prime Minister Mark Carney is replacing Canada’s special envoy to Europe with a “personal representative” to the European Union. John Hannaford, a former diplomat who also served as the highest-ranking official in the public service, will take up the role. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. His job will involve boosting trade and inve...

U.S. President Donald Trump’s latest remarks about wanting Canada to become the 51st state are “offensive” and “not funny anymore,” Canadian MPs and the Ontario premier said on Wednesday. Trump was speaking about his “Golden Dome” missile defence plans in front of military officials who had been abruptly summoned to attend a speech on Tuesday by U.S. Defense Secretary Pete Hegseth, at which Trump also spoke.Trump told the gathered generals that “Canada called” a few weeks ago to ask to be part of the missile defence shield, and said he replied that Canada should join the United States to get it for free.“President Trump is back at it again,” Ontario Premier Doug Ford said on Wednesday, speaking to reporters after a meeting with Michigan Gov. Gretchen Whitmer in Toronto. ...

A partial U.S. government shutdown will likely have a domino effect on the next interest rate decision by the U.S. Federal Reserve, economists say, and Canada could see resulting impacts as well. Many U.S. agencies’ work came to a standstill and hundreds of thousands of employees were furloughed starting at midnight Wednesday after lawmakers failed to reach a short-term funding agreement.Among those affected are the statistical agencies — including the U.S. Bureau of Labor Statistics and the U.S. Census Bureau — whose economic data is relied upon by the American central bank in deciding whether to change its baseline interest rate.If the shutdown persists, economists agree that a compounding lack of data will make it more likely the Fed will keep the rate steady, despite facing intense pol...

Algoma Steel Group Inc. is set to receive half a billion dollars in government loans to help it reorient its business away from the United States as the federal government argues supporting the domestic steel industry is a matter of Canadian sovereignty. Ottawa’s $400 million in financial assistance will come from the Large Enterprise Tariff Loan program, a $10-billion tariff relief fund set up in March. The Ontario government will also provide $100 million to the Sault Ste. Marie, Ont.-based company.The loans are to help Algoma Steel continue operations, limit disruption to its workforce and move to a business model that isn’t as reliant on the United States.Patty Hajdu, minister for jobs and the federal government’s northern Ontario development agency, said in an interview Monday that st...