Air Canada says it will suspend flights from Toronto and Montreal to New York’s John F. Kennedy International Airport starting June 1 through Oct. 25, citing rising jet fuel prices. In a statement, the airline said fuel costs have “doubled since the start of the Iran conflict,” making some lower-profit routes no longer economically viable. The company said it is adjusting its schedule accordingly. The suspension affects service to JFK from Canada’s two largest cities, key routes for business and international connections. Air Canada said customers with affected bookings will be contact

The federal government says a one-time affordability payment tied to the GST/HST credit will be issued June 5 to eligible low- and modest-income households. According to a federal announcement made in January, Prime Minister Mark Carney said the payment will equal 50 per cent of the annual value of the existing GST/HST credit. The program is being renamed the Canada Groceries and Essentials Benefit. Eligibility is tied to the current GST/HST credit system. Ottawa says households that have filed their 2024 income tax return and already receive the quarterly credit will automatically receive the

Prime Minister Mark Carney says the federal government will host a new Canada Investment Summit in Toronto this fall, aimed at attracting up to $1 trillion in investment for major projects over the next five years. According to a statement from the Prime Minister’s Office, the summit will bring together global investors, chief executives and business leaders on Sept. 14 and 15 to advance what it describes as “nation-building projects.” The federal government is organizing the event in partnership with the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board

Conservative Leader Pierre Poilievre used a speech to a business audience in Toronto on Friday to criticize Prime Minister Mark Carney’s economic record and promote his party’s approach to taxation and regulation. Speaking at the Canadian Club Toronto, Poilievre said the federal government has not delivered on key economic commitments since Carney took office more than a year ago. He told attendees that his party would focus on reducing taxes and cutting regulations, arguing that government should play a smaller role in the private sector. Poilievre claimed economic conditions have worsene

Canada Post says it has begun preliminary work to phase out most door-to-door mail delivery, starting consultations with unions and communities as part of a multi-year transition. According to a Canada Post news release, the Crown corporation plans to convert approximately four million addresses to community mailboxes over the next five years. The change will be rolled out in stages, with different regions shifting to centralized mail delivery each year. The corporation says discussions are underway with 13 communities across the country, including Ottawa and Winnipeg. The first phase is expec

Applications for Canadian citizenship by descent have increased sharply following the implementation of Bill C-3, commonly referred to as the “Lost Canadians” law, according to federal immigration data. The law, which came into force on December 15, expands eligibility to individuals born outside Canada to Canadian parents who were also born abroad. To qualify, at least one parent must have lived in Canada for a minimum of three years before the applicant’s birth. According to Immigration, Refugees and Citizenship Canada, more than 12,000 applications were received between December 15 an

Prime Minister Mark Carney met with three newly elected Liberal members of Parliament in Ottawa on Tuesday following their victories in recent byelections, according to remarks delivered on Parliament Hill. Government ministers and MPs welcomed the new members with applause during the meeting, marking their formal introduction to the Liberal caucus. Speaking to reporters, Carney said the additions – along with the recent inclusion of Marilyn Gladu to the party – bring the number of women on the government side in the House of Commons of Canada to 71. Carney described the development as a s

Canada’s Finance Minister François-Philippe Champagne is in Washington, D.C., from April 15 to 17 to participate in meetings of G7 and G20 finance ministers and central bank governors, according to a federal government statement. The meetings coincide with the spring sessions of the International Monetary Fund and the World Bank Group, where global economic conditions and financial risks are expected to be a central focus. Officials are set to discuss ongoing instability linked to conflicts in the Middle East and the war between Russia and Ukraine. According to the government release, Champ

Conservative Leader Pierre Poilievre says he will not step down following significant losses for the party in three federal byelections held April 13. According to preliminary results, the Conservatives saw their vote share drop by more than 10 percentage points in all three ridings. The sharpest decline was reported in the Terrebonne riding in Quebec, where support fell from 18.2 per cent in the 2025 federal election to 3.3 per cent. Dimitri Soudas, a former communications director to ex-prime minister Stephen Harper, described the results as a warning sign for the party. He said the drop in