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The current trade war sparked by U.S. President Donald Trump’s tariff policies is expected by many experts to have wide-ranging impacts across the world, including on economic growth and labour markets, and a new report has been released that further highlights this warning. The Organization for Economic Co-operation and Development’s latest outlook report outlines its dim forecast for global economies as well as key areas to help revive growth.The group of 38 countries changed its outlook to reflect a worse-than-expected path for global economies compared with a previously released report.“In this challenging and uncertain environment, we have downgraded our growth projections,” the report says. “Weakened economic prospects will be felt around the world, with almost no exception. Lower gr...

Government whip Mark Gerretsen insists nothing went wrong Monday evening when opposition parties successfully amended the throne speech to call on the government to table an economic update before Parliament breaks for the summer. The Liberals were defeated 166 to 164 after four Liberal MPs did not vote because of paired abstentions.Paired abstentions happen when parties agree to have a member sit out a vote because someone from another party is not able to attend.Gerretsen told reporters on his way into a cabinet meeting Tuesday morning that everything went according to plan.“Every single person who was supposed to vote yesterday voted,” he said.The amendment, tabled by House of Commons Opposition Leader Andrew Scheer, added a passage to the throne speech calling for a spring economic upd...

Domestic travel is increasing at Canada’s airports, new Statistics Canada travel data shows, while the number of people travelling by air to the U.S. dropped in April. The data released Monday looked at the total number of passengers who passed through pre-board security screening at Canada’s eight largest airports, finding a total of 4.5 million people made their way through those checkpoints, a 3.6 per cent overall increase from April last year.However, the number of those travelling to the U.S. dropped — again — as the U.S. trade war continues.The agency found that of these travellers, 1.1 million were those heading to the U.S., also known as “transborder” traffic.That figure was 5.8 per cent lower than the number seen in the same month last year. Story continues below advertise...

British Columbia is pushing back against Alberta Premier Danielle Smith’s proposal for a bitumen pipeline to B.C.’s northern coast. It was among the topics of Prime Minister Mark Carney’s meeting Monday with premiers in Saskatoon, where the assembled leaders are discussing a draft list of “national interest” projects to be fast-tracked through the approval process.Smith said any project list that doesn’t include new pipelines would send a bad message to Alberta as separatist sentiment flares up in that province.Smith said she wants to see a bitumen pipeline built to ship oil to the Port of Prince Rupert on B.C.’s northern coast. 2:17 Danielle Smith’s pipeline push at premier’s meeting gets supp...

By Ashley Joannou The Canadian Press Posted June 2, 2025 7:43 pm 1 min read Descrease article font size Increase article font size The British Columbia government is commissioning an independent review of the province’s home-share program, months after an inquest into the starvation death of a woman with Down syndrome in a Port Coquitlam share home. A statement from the Ministry of Social Development and Poverty Reduction says the review will assess safety in home-sharing arrangements, standards that promote quality of life, as well as accountability and oversight measures. ...