Ontario Premier Doug Ford says provincial officials estimate that U.S. president-elect Donald Trump's proposed tariffs on Canadian goods could cost up to half a million jobs. Trump has said he would sign an executive order imposing a 25 per cent tariff on all products arriving in the United States from Canada and Mexico on his first day back in office. Ford says the actual number of Ontario jobs affected by the tariffs will depend on what sectors are targeted, but the ministries have told him it could be between 450,000 to 500,000. The premier has also said he may need to spend tens of billion

Innovation Minister François-Philippe Champagne has withdrawn from the race to replace Prime Minister Justin Trudeau. He announced to reporters at the Canadian Club in Toronto today that he will not be running in the party's leadership election. Champagne mentioned he had received a lot of support but ultimately decided against running. He described the decision as one of the most difficult of his life. Prime Minister Justin Trudeau announced his resignation as party leader and Prime Minister last week, stating he would step down from both positions after the election of a new leader. The Li

Former Bank of Canada and Bank of England governor Mark Carney is preparing to enter the Liberal Party leadership race to succeed Prime Minister Justin Trudeau. Sources indicate that Carney will launch his campaign on Thursday from his hometown of Edmonton. He is one of seven potential Liberal candidates who have submitted forms on the party’s website to gather signatures following Trudeau’s announcement of his resignation. The 59-year-old Carney has political roots in Edmonton; his father, Bob Carney, ran as a Liberal candidate in the Edmonton-South riding in 1980. In a recent interview,

Before the start of the Liberal Party leadership race, a heated debate emerged within the party about the importance of the next leader being bilingual in both French and English. Former Housing Minister Sean Fraser stated that, in his opinion, it is essential for the leader of the Liberal Party to be fluent in both languages. He argued that if the leader cannot understand the concerns of linguistic minorities and the people of Quebec, they would not be able to effectively serve as prime minister or as a strong leader of the Liberal Party. Similarly, Manitoba MP Kevin Lamoureux said that if t

Education support workers began gathering under pitch-black pre-dawn skies in Edmonton and some nearby communities as a strike got underway. The workers, bundled in coats and scarves and gripping signs, are calling for what they term fair wages from the Edmonton Public School Board and Sturgeon Public School Division. School support workers include education assistants, cafeteria workers and administration staff. The Canadian Union of Public Employees says some 3,000 staff are off the job in Edmonton and in the Sturgeon division, just north of the provincial capital, another 200 workers are ta

NDP Leader Jagmeet Singh has launched a major attack on Donald Trump, speaking to reporters in Ottawa. He said that Trump understands only one thing - which is power. To push Trump back from imposing tariffs, Singh stated that Canada may need to halt the supply of critical minerals to the U.S. He also emphasized that any tariffs that harm Canadians must be met with retaliatory tariffs in kind.It is worth noting that Trump will take office as President of the U.S. on January 20. Despite ongoing efforts to resolve the issue, Trump has not indicated any intention of backing down from his stance o

The cost to send a letter in Canada is increasing by about 25 per cent, effective today. Canada Post says the cost of stamps for domestic mail bought in a booklet, coil or pane has increased by 25 cents to $1.24 per stamp. The cost of a single domestic stamp is now $1.44, up from $1.15. Canada Post proposed the increase in September last year. It says the higher price is required to better align stamp prices with the rising cost of providing letter mail service to all Canadians. The rate increases also include U.S. and international letters and domestic registered mail. Commercial letter mail

Federal Transport and Internal Trade Minister Anita Anand says she will not run for the leadership of the Liberal Party of Canada. Anand broke the news on social media, also saying she will not seek re-election as an MP in her riding in Oakville, Ont., a seat she has held since 2019. Anand has previously served as Public Services and Procurement minister, National Defence minister and Treasury Board president. Before holding public office, Anand was a law professor for more than 20 years and she says that following Prime Minister Justin Trudeau's decision to step down she has decided to retur

Strong job data in Canada's labor market has dampened expectations of further interest rate cuts by the Bank of Canada. Statistics Canada said in a report released on Friday that the Canadian economy added 91,000 jobs in December, the largest monthly increase in the past two years. At the same time, the unemployment rate fell to 6.7 percent from 6.8 percent, indicating that the Canadian economy is responding to the Bank of Canada's easing of monetary policy. Following the latest labor market data, financial markets have reduced the likelihood of another rate cut at the Bank of Canada's next m