Tuesday, March 3

Politics

Trudeau says Trump’s 51st state talk distracts from cost tariffs will bring – National
Politics

Trudeau says Trump’s 51st state talk distracts from cost tariffs will bring – National

Prime Minister Justin Trudeau says U.S. president-elect Donald Trump’s rhetoric about merging the U.S. with Canada is distracting people from the costs Americans will face as a result of steep tariffs on Canadian goods. Speaking to CNN on Thursday in his first media interview since announcing his intention to resign, Trudeau also pushed back on the idea of Canada becoming the 51st U.S. state, which Trump has increasingly spoken about in press conferences and on social media.“That’s not going to happen,” Trudeau said.“What I think is happening in this is President Trump, who’s a very skillful negotiator, is getting people to be somewhat distracted by that conversation, to take away from the conversation around 25 per cent tariffs on oil and gas, and electricity and steel and aluminum and lu...
Ottawa must axe capital gains changes amid uncertainty: Canadian chamber – National
Politics

Ottawa must axe capital gains changes amid uncertainty: Canadian chamber – National

The Canadian Chamber of Commerce is calling on the federal government to restore clarity to the upcoming tax filing season by pre-emptively nixing its proposed changes to capital gains taxes. Those measures, which would see the taxable portion of capital gains rise to two-thirds from half in some circumstances, are currently in limbo and at risk of not being made law.The Canada Revenue Agency nonetheless intends to administer the changes outlined in the Liberal government’s proposal. A Department of Finance official confirmed as much in a statement to Global News this week, citing “Parliamentary convention” and a need for “consistency and fairness” for taxpayers.But the Canadian Chamber of Commerce said in a statement Thursday that going ahead with the controversial changes in a period of ...
How will Trump impose tariffs on Canada and others? His options, explained – National
Politics

How will Trump impose tariffs on Canada and others? His options, explained – National

The threat of economically damaging tariffs on Canadian goods is looming larger as U.S. president-elect Donald Trump’s inauguration draws closer — and there is little Canada can do to fight back against the tools at Trump’s disposal. Although Congress typically oversees tariff and tax policy, Trump has broad executive authority to impose tariffs for national security reasons. That’s how he justified slapping tariffs on Canadian steel and aluminum in 2018, which kicked off a cross-border trade war during Trump’s first term.This time, Trump may go further.CNN reported Wednesday, citing multiple sources, that the president-elect is considering declaring a national emergency to provide legal justification for universal tariffs on foreign imports, including the 25 per cent levy he’s threatened ...
Trudeau’s resignation could derail major carbon capture project: experts
Politics

Trudeau’s resignation could derail major carbon capture project: experts

The fate of Canada’s largest proposed carbon capture and storage project is even more uncertain after Prime Minister Justin Trudeau’s resignation announcement this week amplified existing unknowns around the future of energy and climate policy in Canada, experts say. The $16.5-billion high-profile project in question would capture harmful carbon dioxide emissions from the oilsands, Canada’s heaviest-emitting sector.It would be built by the Pathways Alliance, a consortium whose members include some of Canada’s largest energy companies.But industry watchers say the project’s future is cloudy due to current political turmoil and the likelihood that a new federal government will be elected this year.“I can’t imagine a huge project like that could really move forward in a time like right now,” ...
Mexican president sarcastically trolls Trump over renaming Gulf of Mexico – National
Politics

Mexican president sarcastically trolls Trump over renaming Gulf of Mexico – National

Donald Trump has sent world leaders scrambling with his plans for stiff tariffs on imports and recent assertations that the U.S. should take over or take control of various countries, territories and landmarks — but Mexico’s president, Claudia Sheinbaum, doesn’t seem to be taking the bait. Sheinbaum took a swipe at the president-elect on her daily press briefing broadcast Wednesday morning, giving a sarcastic history lesson directed at Trump after he proposed the Gulf of Mexico be renamed to Gulf of America.Trabajamos por cumplir el derecho a una vivienda digna para las y los mexicanos que más lo necesitan https://t.co/EAZtmajOtG— Claudia Sheinbaum Pardo (@Claudiashein) January 8, 2025 Story continues below advertisement Standing before a global map, and along...
Who do Canadians want as next Liberal leader? What new poll suggests – National
Politics

Who do Canadians want as next Liberal leader? What new poll suggests – National

The federal Liberals are turning their attention to a leadership race following Prime Minister Justin Trudeau’s decision to resign, and new polling reveals who could be among the contenders likely to resonate with Canadians if they run. Whoever becomes Liberal leader will become prime minister as the Liberals remain in power even with a prorogued Parliament. New polling conducted by Ipsos exclusively for Global News looked at some of the names speculated to be weighing a potential run: two backbenchers, four cabinet ministers and two people currently not a part of the government. 3:28 Joly, Wilkinson prioritize handling Trump tariffs when asked if they will run for Liberal leader ...
Is Trudeau’s resignation enough to keep Liberals in power? Poll suggests no – National
Politics

Is Trudeau’s resignation enough to keep Liberals in power? Poll suggests no – National

A majority of Canadians support Prime Minister Justin Trudeau’s decision to step down, yet his announcement this week has not changed the Liberal party’s fortunes, new polling suggests. Eight in 10 (81 per cent) Canadians said they are in favour of Trudeau’s resignation, with more than half saying they “strongly approve” of it, according to an Ipsos poll conducted exclusively for Global News and released on Wednesday.When announcing his plans to step aside, Trudeau said that it has become clear to him that if he’s having to fight internal battles, he cannot be the best option in the upcoming election.However, his decision to make way for a new leader has not moved the needle much for the Liberals’ prospects, with support for the party dropping by one point, down to 20 per cent, since simil...
The Liberal Party will elect its new leader. Who gets to vote? – National
Politics

The Liberal Party will elect its new leader. Who gets to vote? – National

Justin Trudeau’s days as leader of the Liberal Party are numbered after he announced plans to resign once the party elects his successor. But how does the selection process work in the Liberal Party? And who gets to choose the next leader?Outside his residence in Ottawa, Trudeau told reporters on Monday of his intention to step down following months of mounting pressure.“I intend to resign as party leader, as prime minister, after the party selects its next leader through a robust nationwide competitive process,” Trudeau said.Trudeau said he had informed the Liberal Party president on Sunday evening.The Liberal Party’s board of directors must now set a date for the next leadership election and establish the leadership expenses committee, according to the party’s constitution. Story...
‘Our country is not for sale,’ Ford says as he pitches energy plan with U.S.
Politics

‘Our country is not for sale,’ Ford says as he pitches energy plan with U.S.

Ontario Premier Doug Ford has outlined his proposed energy plan dubbed “Fortress Am-Can,” calling it a “renewed strategic alliance between Canada and America.” Ford made the announcement Wednesday and said the plan is aimed at achieving American-Canadian energy security and power economic growth for both countries, and “is a beacon of stability, security and long-term prosperity.”The announcement comes amid hefty tariff threats, and acquisition comments made against Canada by incoming U.S. president-elect Donald Trump.“Our country is not for sale. It will never be for sale. But I think we work together of an incredible trade deal,” Ford said on Wednesday.Ford added he wants to “stop wasting time and ridiculous ideas about merging” and focus efforts on Made in Canada and Made in USA. ...
Dominic LeBlanc says he will not run to replace Trudeau as Liberal leader
Politics

Dominic LeBlanc says he will not run to replace Trudeau as Liberal leader

Finance Minister Dominic LeBlanc says he will not be running to become the next leader of the Liberal Party of Canada. Prime Minister Justin Trudeau announced on Monday that he planned to step down as Liberal leader and as prime minister once the party selects its new leader. LeBlanc, who was appointed to the finance minister’s post last month, has taken himself out of the running.He was among the individuals believed to be potential contenders in a race.“While I am extremely grateful for the encouragement and the expressions of support I have received from caucus colleagues and Liberals across the country, I have decided not to be a candidate in the Liberal Party of Canada’s upcoming leadership race,” LeBlanc said in a statement.LeBlanc said he was going to focus his full attention on his...