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

The four individuals arrested in connection with the murder of Canadian Sikh activist Hardeep Singh Nijjar will have their next court appearance on February 11 for a pre-trial conference. They will also appear in court on February 12. Meanwhile, BC Prosecution Service Executive Communications Advisor Ann Seymour has denied reports in Indian media that the accused have been granted bail. Seymour stated that none of the accused in the Nijjar case has been released from custody and that they are not expected to be released, as they face serious charges of first-degree murder and conspiracy to co

Foreign Affairs Minister Mélanie Joly is out of the running to replace Justin Trudeau as Liberal leader, a Liberal source confirms to The Canadian Press. Joly is expected to talk to media today outside a Canada-U.S. relations cabinet committee meeting on Parliament Hill. The Liberal leadership race is fully underway, now that the party has set a date for the race. More big-name candidates are expected to announce soon whether they intend to run or sit this one out. Leadership hopefuls only have until Jan. 23 to declare and must pay a $350,000 fee to enter the race, which is set to conclude on

The Liberal Party of Canada will choose its next leader and the country's next prime minister on March 9, after Prime Minister Justin Trudeau's decision to step down as leader and prime minister after holding the reins for nine years. "After a robust and secure nationwide process, the Liberal Party of Canada will choose a new leader on March 9, and be ready to fight and win the 2025 election," the party said in a statement. The party's national council announced the date after a series of meetings this week. The entry fee for potential candidates has been set at CAD $350,000 (approximately $2

Ontario MP Chandra Arya is the second Liberal to announce he wants to replace Prime Minister Justin Trudeau as leader of the Liberal party. Arya posted on social media Wednesday morning that he wants to campaign on running a "small, more efficient government" and on offering "bold political decisions" to solve the country's problems. Arya joins former Montreal MP and businessman Frank Baylis as the only two declared candidates in the race so far. Higher-profile Liberals said to be considering leadership bids include former central banker Mark Carney, former finance minister Chrystia Freeland a

Several ministers from Canada’s ruling Liberal Party are preparing to join the leadership race to replace Prime Minister Justin Trudeau, awaiting the official election rules before making formal announcements. So far, Foreign Affairs Minister Mélanie Joly, Innovation Minister François-Philippe Champagne, Natural Resources Minister Jonathan Wilkinson, and Employment Minister Steven MacKinnon have expressed their interest in running for the leadership. Former Finance Minister Chrystia Freeland, former B.C. Premier Christy Clark, and House Leader Karina Gould are also seeking support for the

A wildfire in the Los Angeles area of California has destroyed nearly 2,000 buildings and homes. The fire is so intense that it has forced evacuations from the homes of Hollywood stars and even Vice President Kamala Harris. So far, five people have died in the fire. About 300,000 people have been instructed to evacuate to safe areas. The fire has spread a blanket of smoke over the entire region. Among the stars whose homes have been destroyed are Mandy Moore, Cary Elwes, and Paris Hilton. Billy Crystal and his wife, Janice, lost their 45-year-old home in the Palisades fire. It is believed tha

Alberta is preparing to send water bombers, night-vision helicopters and incident command team support to help battle wildfires ravaging parts of Los Angeles. Premier Danielle Smith says on X that neighbours are always there for each other in times of need and the province will assist its American friends in this crisis. Water-bombing pilots and crews from Quebec and a British Columbia company are already fighting the wind-whipped flames in the Southern California city. Officials have said hurricane-force winds began igniting one neighbourhood after another on Wednesday in the coastal neighbou

Canada has been included in the top 5 "losers" in the new global passport ranking, while Singapore has maintained its position as the country with the most powerful passport in the world. According to the Henley Passport Index, Canada is ranked seventh out of 199 passports, down three places over the past decade. Canada is tied for seventh place with Malta and Poland, whose passports offer visa-free access to 188 destinations. Singapore, meanwhile, is the only country whose passport provides visa-free access to 195 destinations. Japan ranks second in the Henley Passport Index, while Finland,