Trudeau says he’s sensed a ‘tonal shift’ from India since U.S. reported alleged murder plot

Prime Minister Justin Trudeau says he believes India’s relations with Canada may have undergone “a tonal shift” in the days since the unsealing of a U.S. indictment alleging a conspiracy to murder a Sikh activist on American soil. The prime minister made the remarks in an end-of-year interview with the CBC’s Rosemary Barton. Indian Prime Minister Narendra … Read more

Canada lays out plan to phase out sales of gas-powered cars, trucks by 2035

The end of the road is coming for gas-powered vehicles in Canada. New regulations being published this week by Environment Minister Steven Guilbeault will effectively end sales of new passenger vehicles powered only by gasoline or diesel in 2035. Guilbeault said the Electric Vehicle Availability Standard will encourage automakers to make more battery-powered cars and … Read more

As U.S., U.K. and EU sanction violent Israeli settlers, Canada hangs back

The Trudeau government still won’t say if it’s considering imposing sanctions on violent Israeli settlers in the wake of travel bans announced by both the U.S. and the United Kingdom in recent days. The European Union’s foreign policy chief, Josep Borrell, said last week that he will recommend EU sanctions as well.  Canada, like its American, British … Read more

Outlook good for Canadian oil and gas sector, says industry report, but risks remain

Canada’s upstream oil and gas industry and drilling services sector has a “very favourable” outlook for 2024, according to Enserva’s State of the Industry report released on Thursday. Key highlights of the report show that oil prices are expected to remain strong, demand will be robust, export capacity will increase, and investment and drilling activity are set … Read more

Annual pace of housing starts in Canada down 22% in November, says CMHC

The pace of housing starts in Canada fell by 22 per cent in November, the Canada Mortgage and Housing Corp. said Friday. The agency says the monthly seasonally adjusted annual rate of housing starts in November came in at 212,624 units, down from 272,264 in October. A housing start is defined as the beginning of construction work … 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

Grocers’ code of conduct won’t work unless all companies sign on, Metro CEO tells MPs

All major industry players need to sign on to the grocery code of conduct in order for it to be successful, said Metro Inc. president and CEO Eric La Flèche. La Flèche told MPs Monday at a House of Commons agriculture committee meeting on stabilizing food prices that Metro is willing to sign the code of … Read more

Surge in newcomers putting pressure on inflation via housing demand: BoC official

The recent surge in newcomers is adding to inflation through housing demand, a senior Bank of Canada official said Thursday, warning rental and home prices could continue to rise without a boost to housing supply. In a speech in Windsor, Ont., deputy governor Toni Gravelle acknowledged many of the benefits coming from this rise in immigration, … Read more

N.W.T. premier says he wants complete carbon tax exemption for territory

Canada’s newest premier says that in an ideal world, Ottawa would provide his territory with a blanket exemption from the carbon tax. “I mean, ideally, a complete exemption for the territory is what we would hope for,” said R.J. Simpson, chosen this week as premier of the Northwest Territories, in an interview Sunday on Rosemary Barton … Read more

Ottawa getting $40 million refund from former parent company of Quebec COVID vaccine maker

Ottawa will be getting a $40 million refund after it gave Quebec City-based biopharmaceutical company Medicago more than $300 million to develop and manufacture a home-grown COVID-19 vaccine that never made it to market. The news comes after Conservative, Bloc and NDP MPs on the House of Commons health committee grilled staff from Canada’s procurement department this … Read more