Thursday, October 16

Politics

G7 finance ministers to talk global trade, AI on final day of summit – National
Politics

G7 finance ministers to talk global trade, AI on final day of summit – National

By Matt Scace The Canadian Press Posted May 22, 2025 7:23 am 1 min read Descrease article font size Increase article font size Finance ministers from the G7 are wrapping up their summit in Banff, Alta., with discussions including the global trade system roiled by U.S. President Donald Trump’s tariffs. Other topics on the agenda are artificial intelligence and the war in Ukraine.Finance Minister François-Philippe Champagne and Bank of Canada governor Tiff Macklem were set to emerge later Thursday to take questions from reporters.In an interview late Wednesday, Champagne was asked about the possibility of a joint communique bein...
U.S. Golden Dome among ‘options’ for Canada’s defence, Carney says – National
Politics

U.S. Golden Dome among ‘options’ for Canada’s defence, Carney says – National

Prime Minister Mark Carney said Wednesday that Canada is reversing the trend of “deep integration” with the U.S. and exploring all options for strengthening its national defence — which include U.S. President Donald Trump’s “Golden Dome” missile defence concept. The Prime Minister’s Office confirmed Tuesday that the federal government’s talks with the U.S. about a new economic and security partnership “naturally include strengthening NORAD and related initiatives such as the Golden Dome,” after Trump unveiled plans for the proposed system.That’s despite Carney repeatedly warning of the “threat” the U.S. poses to Canada’s economy and sovereignty under Trump, which the prime minister told reporters Wednesday is still true today.“We had for almost half a century, we as Canada, a relationship ...
Canada summons Israel’s ambassador after diplomats fired at in West Bank – National
Politics

Canada summons Israel’s ambassador after diplomats fired at in West Bank – National

Canada is summoning Israel’s ambassador after the Israeli Defence Forces fired shots in the vicinity of a diplomatic delegation in the West Bank that included four Canadians, Foreign Affairs Minister Anita Anand said Wednesday. The IDF says no one was injured in the incident.“Relieved to know our team is safe,” Anand said in a post on X.“I have asked my officials to summon Israel’s Ambassador to convey Canada’s serious concerns. We expect a full investigation and accountability.”In a statement, an IDF spokesperson said the diplomatic group touring the city of Jenin “deviated” from its approved route and soldiers fired warning shots to get it to move away from an area they were not permitted to visit.The IDF said it launched an inquiry into what happened and will speak with the affected dip...
Canada Post to table new offer, union says as strike looms – National
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Canada Post to table new offer, union says as strike looms – National

With two days to go before an expected Canada Post worker strike, the Crown corporation will table a new offer for discussion, the union representing postal workers says. On Monday, the Canadian Union of Postal Workers (CUPW) issued a 72-hour strike notice to Canada Post. On Wednesday, the union said it will consider a fresh offer from the Crown corporation.“After walking away from the table for the third time, Canada Post will finally table their global offers today. Our negotiating committee is currently on the way to receive the proposals,” CUPW president Jan Simpson said in a statement.Simpson added that the union will “carefully review the details of the offers” once they are presented to “ensure they align with the priorities and needs of our members.”“We will provide a comprehensive...
Ontario could have half-a-trillion dollar deficit by 2027. It would set a record
Politics

Ontario could have half-a-trillion dollar deficit by 2027. It would set a record

Ontario taxpayers will be on the hook for more than half a trillion dollars in debt by 2027, according to the Ford government’s latest provincial budget, raising questions about how the province plans to address the ballooning financial burden. Finance Minister Peter Bethlenfalvy’s 2025-26 fiscal blueprint laid out the province’s medium-term projections, which showed Ontario’s net debt is expected to reach $501.7 billion in just two years.The record-setting amount, if fully realized, also means the Ford government would be responsible for adding nearly $150 billion in debt since taking office in 2018, leading to criticism from fiscal hawks and the opposition alike.“So much for fiscal prudence,” said Nicolas Gagnon with the Canadian Taxpayers Federation, who said the Ford government’s polic...
Trump’s tariffs creating ‘tensions’ among G7 ahead of summit: Champagne
Politics

Trump’s tariffs creating ‘tensions’ among G7 ahead of summit: Champagne

The growing impact of U.S. President Donald Trump’s tariffs is creating “tensions” among members of the G7 heading into a critical summit in Canada next month, the federal finance minister says. Finance Minister François-Philippe Champagne and Bank of Canada governor Tiff Macklem are chairing three days of meetings with top finance officials from the world’s largest economies in Banff, Alta., this week. The talks are expected to focus on the war in Ukraine and artificial intelligence, and how the G7 members can work together to grow the global economy.However, Trump’s aggressive trade policies are likely to dominate the proceedings, and could even impact what members can feasibly agree to.“There’s no doubt that around the table, you need to find unity, but at the same time, it’s true that ...
G7 finance officials meet in Banff with Trump tariffs, Ukraine top of mind
Politics

G7 finance officials meet in Banff with Trump tariffs, Ukraine top of mind

High-ranking officials from the world’s top economies are in Banff, Alta., this week for a three-day summit that will cover topics including the global economy, the war in Ukraine and artificial intelligence. The meeting comes during a period of heightened instability as U.S. President Donald Trump continues his tariff-driven effort to bring industry to American soil, leading many countries to reconsider their trade relationships with the United States and other trading partners.The gathering will also be a precursor to the meetings that will happen in Kananaskis, Alta., when North American, European and Japanese leaders gather for the G7 Leaders’ Summit from June 15 to 17.Kananaskis last hosted the meeting in 2002.Rookie Canadian Finance Minister François-Philippe Champagne and Bank of Ca...
Majority of Quebecers want the province to end carbon pricing, survey says
Politics

Majority of Quebecers want the province to end carbon pricing, survey says

By Staff The Canadian Press Posted May 20, 2025 1:05 pm Updated May 20, 2025 2:06 pm 1 min read Descrease article font size Increase article font size A new Léger poll says more than half of Quebecers want the province to abolish its price on carbon. Quebec has had some of the highest gas prices in the country since Prime Minister Mark Carney scrapped the federal consumer price on carbon in April. Get breaking National news For news impacting Canada and around the...
Canada Post strike: Here is what will still be delivered in a work stoppage – National
Politics

Canada Post strike: Here is what will still be delivered in a work stoppage – National

The clock is ticking on a potential Canada Post strike that could hit later this week. Postal workers issued a strike notice on Monday for both urban and RSMC (rural and suburban mail carriers) bargaining units and said they will walk off the job at midnight local time on Friday.A strike or lockout would mark the second time the postal service ground to a halt in under six months after 55,000 employees walked off the job for 32 days in November and December.But not all services will be suspended during a strike, Canada Post said in a statement on Tuesday.Until May 23, the mail will be delivered as usual. Story continues below advertisement If a strike or lockout does happen at that point, Canada Post said some services will continue just like during the last w...
Canada, U.K., France warn Israel of ‘concrete action’ over military expansion – National
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Canada, U.K., France warn Israel of ‘concrete action’ over military expansion – National

Descrease article font size Increase article font size The leaders of Canada, the United Kingdom and France are condemning Israel’s expansion of military operations and actions in Gaza and the West Bank, threatening in a joint statement Monday to take concrete actions, including sanctions. The statement called Sunday’s announcement that Israel will allow a basic quantity of food into Gaza “wholly inadequate” and said the level of human suffering is “intolerable.”“We will not stand by while the Netanyahu government pursues these egregious actions,” the statement said. “If Israel does not cease the renewed military offensive and lift its restrictions on humanitarian aid, we will take further concrete actions in response.”The statement said the t...