‘We are getting closer’ to cutting interest rates, Bank of Canada governor tells MPs

The Bank of Canada is getting closer to cutting interest rates as inflation shows signs of coming down and staying down, the central bank’s governor, Tiff Macklem, told MPs Thursday. “We do see renewed downward momentum in underlying inflation. The message to Canadians is, we are getting closer. We are seeing what we need to … Read more

In videos and podcasts, Poilievre and Trudeau are eager to explain themselves — at length

Nathaniel Erskine-Smith, the Liberal MP who made a name for himself as a backbencher with his own voice, posted a nine-minute video to YouTube this week about the federal government’s carbon pricing policy. It would be an exaggeration to say the video is setting the internet on fire. As of Friday afternoon, it had a … Read more

Ottawa may ‘rein in’ temporary resident numbers as housing concerns intensify, minister says

Immigration Minister Marc Miller says he’ll be scrutinizing the number of international students and other non-permanent residents coming into Canada, as political tension builds around the interplay between housing affordability and immigration. In an interview airing Sunday on Rosemary Barton Live, Miller said the relationship between housing and immigration is complex, and it was discussed around … Read more

National pharmacare plan is in limbo as health minister calls pending deadline ‘arbitrary’

Health Minister Mark Holland signalled Tuesday the government is unlikely to meet the end-of-the-year deadline imposed by the NDP for passing pharmacare legislation — a condition of the supply-and-confidence agreement that was struck to keep the Liberals in power until 2025. Holland said talks are ongoing with NDP MP Don Davies, the party’s health critic, … Read more