Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make housing more affordable, although some housing experts are doubtful that the new measures will have a meaningful long-term impact on housing affordability and say they might even push prices up. The federal government will increase the cap on insured mortgages … Read more
Passengers with plans to fly on Canada’s largest airline can breathe a sigh of relief after Air Canada said Sunday it has reached a tentative agreement with the union representing more than 5,400 of its pilots. The airline says Air Canada and Air Canada Rouge will continue to operate as normal, and the new four-year contract “recognizes … Read more
Jordan’s King Abdullah has designated key palace aide Jafar Hassan as prime minister after the government resigned on Sunday, the royal court said, days after a parliamentary election in which the Islamist opposition made some gains in the US-allied kingdom. Hassan, now head of King Abdullah’s office and a former planning minister, replaces Bisher … Read more
Air Canada says some operations will start to be affected today as time is running out before a potential shutdown because of a labour dispute with its pilots, but noted it hadn’t cancelled any flights Friday in anticipation of a strike. “At this point we have not cancelled any flights for today due to the … Read more
Prime Minister Justin Trudeau slammed the NDP and its leader Jagmeet Singh on Friday, saying that while they may care about the environment, they have “no idea what to do in the fight against climate change.” At a news conference in the Montreal suburb of Sainte-Anne-de-Bellevue, Que., Trudeau accused the NDP of “playing simple politics” and “walking … Read more
The Toronto International Film Festival says it’s not pulling a controversial documentary about Russian soldiers fighting in Ukraine from its schedule, despite outcry from Ukrainian officials and community groups who say the film amounts to propaganda. TIFF’s statement comes a day after Ontario’s public broadcaster TVO, which helped fund Russians at War, announced it was no … Read more
Prime Minister Justin Trudeau has tapped Mark Carney, the former governor of the Bank of Canada, to chair a Liberal party task force on economic growth ahead of the next federal election, the party announced Monday. Carney, whose possible future in politics has been the subject of much speculation, will consult with business, labour and … Read more
China has submitted a request to Canada for consultation at the World Trade Organization on additional tariffs it has imposed on Chinese electric vehicles as well as steel and aluminum products, the Commerce Ministry said on Friday. “On Sept. 6, China lodged a request for consultations with Canada at the WTO regarding Canada’s additional tariffs … Read more
It initially took Canada four months to get into the queue after deciding to join a plan by the United States to buy urgently needed National Advanced Surface-to-Air Missile Systems (NASAMS) for Ukraine. Defence Minister Bill Blair insists the lag did not contribute to the slow pace of acquiring the high-tech defensive capability, which is … Read more
Prime Minister Justin Trudeau has defended his government’s move to call for binding arbitration and force an end to a work stoppage at the country’s two major railways, as some union leaders accused the government of taking away their bargaining rights. In a 15-minute speech in Winnipeg on Wednesday to a meeting of the International … Read more
