Canada’s economy grew at an annualized rate of 3.3% in the second quarter of 2026, marking its strongest quarterly expansion since early 2023 and easing concerns that the country could slip into a technical recession. The latest figures from Statistics Canada showed a sharp rebound from the first quarter, which was revised upward to 0.3% growth. The growth was driven by a strong increase in exports, which rose 3.6%, along with stronger household spending and a recovery in business investment. Auto exports, in particular, provided a significant boost to Canada’s international trade. Busines

The Canadian government has added several products to its counter-tariff list in response to U.S. tariffs. According to the office of Finance Minister François-Philippe Champagne, the changes are intended to match U.S. tariffs on a dollar-for-dollar basis. The ministry also said seafood that had previously been proposed for the list was removed because the United States is not imposing tariffs on Canadian seafood. The revised list includes charcoal, copper wire, plaster products such as boards, seats and tiles, printed materials including pictures and photographs, and products used for packag

Canada’s Foreign Affairs Minister Anita Anand has confirmed that 30 Canadian citizens and permanent residents are among the hundreds of people reported missing following severe flooding and landslides in the border region between Nepal and Tibet. In a statement issued Thursday, Anand said Canadian officials are in continuous contact with local authorities and international partners to support the safe return of Canadians in the affected areas and assist their families. However, the minister said there is currently no confirmed information about the whereabouts or well-being of the missing Ca

Canadian Finance Minister François-Philippe Champagne and Indian Finance Minister Nirmala Sitharaman met in Toronto on Thursday, with both sides emphasizing the need to strengthen economic and trade relations between the two countries. Speaking at a news conference in the presence of Sitharaman, Champagne said Canada and India have complementary strengths and can benefit from deeper cooperation. He said Canada can contribute to India’s energy and food security, while India has the ability to provide Canada with talent and technology on a large scale. Sitharaman, meanwhile, signalled that th

Prime Minister Mark Carney’s Liberal government has urged its MPs to avoid publicly escalating tensions with the United States as the two countries remain locked in an increasingly bitter trade dispute. According to reports, Canada-U.S. Trade Minister Dominic LeBlanc made the request during a Liberal caucus call, asking MPs to exercise caution when speaking about the United States on social media. MPs were also reportedly encouraged to decline requests from U.S. media networks to discuss Canada-U.S. trade issues. The appeal came shortly after Prime Minister Mark Carney took a much tougher pu

Canada’s Finance Minister François-Philippe Champagne is set to meet India’s Finance Minister Nirmala Sitharaman in Toronto today for an important bilateral meeting. The two ministers will first hold a private meeting, followed by a joint press conference. The meeting is being viewed as an important step toward advancing trade and economic discussions between Canada and India. It also comes at a significant time, as both countries have made major efforts over the past year to improve and strengthen their bilateral relations. According to Canada’s Department of Finance, the two countries

Canada has removed fish and seafood products from the list of U.S. imports that will face new Canadian counter-tariffs, citing feedback from Canadian industries and concerns about potential economic harm. According to the Department of Finance Canada, the government made the adjustment after reviewing feedback from Canadian businesses and industries. The broader counter-tariff measures are scheduled to take effect Sept. 8. The change comes as Canada responds to new U.S. tariffs on Canadian goods. Ottawa announced countermeasures covering about $20 billion worth of U.S. imports, with tariffs of

Canada’s main opposition Conservative Party is stepping up pressure on Prime Minister Mark Carney’s government over a deal with the United States that was ultimately rejected. Conservative Leader Pierre Poilievre and Deputy Leader Melissa Lantsman are demanding that the government release the documents related to the failed agreement, arguing that Canadians deserve transparency about what was discussed and why the deal was turned down. Poilievre has repeatedly raised the issue, saying Canadians are united in defending Canadian workers and industries against what he described as illegal U.S

Twenty-four Canadian citizens are reported missing after floods and landslides struck parts of the Nepal-Tibet border region, according to figures cited by Nepalese officials. Nepal’s Prime Minister’s Office said 95 people have died on the Nepal side of the disaster. Chinese state media reported three deaths and 265 people missing in Tibet’s Gyirong County. Nepal Tourism Board spokesperson Sunil Sharma said 403 foreign tourists are reported missing. The group includes 133 Indian nationals, 47 Americans, 34 Australians, 33 British nationals and 24 Canadians. Many of the tourists were trav