Canada’s economy lost 42,000 jobs in August, dealing a setback to the recent momentum in the country’s labour market. However, the unemployment rate remained unchanged at 6.4 per cent. The latest figures from Statistics Canada came in below economists’ expectations, with analysts forecasting a net gain of around 15,000 jobs. The public sector recorded the largest decline in employment, shedding 20,000 jobs and marking its third consecutive month of losses. Meanwhile, Canada’s manufacturing sector showed unexpected resilience despite the impact of U.S. tariffs, adding 22,000 jobs during

Toronto police have arrested a 32-year-old man in connection with two alleged hate-motivated incidents involving Sikh men in downtown Toronto. According to Toronto Police Service, the incidents occurred on Aug. 29. Police allege the accused, Lakshitha Arakmullage, first targeted a Sikh man at Union Station, where he allegedly made racial remarks and threatened him with a knife. The victim was not injured, police said. About an hour later, police allege Arakmullage confronted two other Sikh men near Queen’s Quay West and Lower Spadina Avenue and made derogatory comments. Police say one of the

A commercial building in Toronto’s North Etobicoke area was targeted in a shooting early Tuesday morning, police said. The incident occurred at around 4:20 a.m. in a commercial plaza near Humber College Boulevard and Highway 27. Patrol officers in the area reportedly heard gunshots and immediately began investigating. Officers found evidence of gunfire at the scene. Fortunately, no injuries were reported in the shooting. According to police, the suspects fled the area immediately after the shooting in a black vehicle. Toronto police have not released a description of the suspects at this tim

The Canadian government has deployed a team of 10 officials to Kathmandu to provide assistance to Canadians affected by the devastating floods in Nepal. Foreign Affairs Minister Anita Anand confirmed the deployment in a statement shared on social media. According to Minister Anand, the team includes a senior RCMP officer and is working closely with local police, hospitals, trekking companies and international partners to locate missing Canadians and support affected families. The federal government has also announced $5 million in emergency humanitarian assistance for Nepal as the country cont

Canada’s governing Liberal Party is facing a series of upcoming federal by-elections after several MPs announced their resignations. Prominent Liberal MP Steven Guilbeault has officially resigned from his Montreal riding of Laurier–Sainte-Marie, according to the House of Commons website. Guilbeault, a former environmental activist, left the government following policy disagreements with the Liberal leadership, particularly Prime Minister Mark Carney’s decision to eliminate the consumer carbon tax and support the construction of an oil pipeline to Alberta. Meanwhile, Saskatchewan Conserva

The Canadian government has announced a major leadership change at Invest in Canada, the federal agency responsible for attracting foreign direct investment, as the country looks to bring in $1 trillion in total investment over the next five years. Prime Minister Mark Carney has appointed Indo-Canadian investment expert Gurinder Grewal as the new Chief Executive Officer of Invest in Canada. Grewal will serve a five-year, full-time term. At the same time, former Canadian ambassador to China Dominic Barton has been appointed Chair of the agency’s Board of Directors for a three-year, part-time

Prime Minister Mark Carney’s Liberal Party won all three federal byelections held Monday, increasing its strength in the House of Commons and securing a majority government. The most notable result came in Quebec’s Chicoutimi–Le Fjord riding, where Liberal candidate won the seat from the Conservatives. The Liberals also retained the Ontario riding of Beaches–East York and British Columbia’s North Vancouver–Capilano. The three victories bring the Liberals’ total to 173 seats in the House of Commons, according to the results provided. That is one seat above the number required to h

The Bank of Canada is expected to keep its benchmark interest rate unchanged at 2.25% at its upcoming meeting on Wednesday, marking a seventh consecutive rate hold. The central bank has maintained the rate at 2.25% since October 2025. Financial markets and economists expect the Bank of Canada to continue with a cautious, wait-and-see approach for now as it closely monitors inflation, economic growth and uncertainty surrounding the Canada-U.S. trade relationship. However, discussions are growing about the possibility of interest rate increases next year as the ongoing trade war could put addit

U.S. President Donald Trump’s attacks against Canada continue, with his latest remarks focusing on a major oil deal involving Venezuela. Trump has described the agreement, involving Venezuela’s massive oil reserves, as a direct warning to Ottawa and suggested that the United States may not need Canadian crude oil in the future. Experts say the deal could create increased competition for Canadian crude in the U.S. market in the coming years. Both Canada and Venezuela are major producers of heavy crude, which is used by refineries designed to process heavier grades of oil. Trump recently sha