Craig Lord, The Canadian Press

Major institutional investors are asking the federal government to give them a reason to invest more at home in the upcoming fall budget, says the Liberal MPs leading budget consultations across Canada.

The federal Liberals are in the midst of consultations on the upcoming 2025 budget. While federal budgets typically are tabled in the spring, this one is set to land during the fall session of Parliament.

Prime Minister Mark Carney's popularity may be cooling off in the summer but remains broadly positive, a new poll from Abacus Data suggests.

The Carney-led Liberal government's approval rating dipped to 50 per cent in the firm's latest polling, down two percentage points compared to mid-July and the lowest level since March.

With 48 per cent viewing Carney favourably and 19 per cent disapproving, the prime minister maintains a positive net approval. That figure is a couple percentage points lower than in Abacus's previous poll.

Labour experts say another postal service strike is unlikely after unionized Canada Post workers rejected their employer's latest round of offers in a forced vote and the parties mull their next steps.

The Canadian Union of Postal Workers said Friday that the roughly 55,000 members represented by the union shot down the Canada Post's latest proposal, which would've seen wage hikes of about 13 per cent over four years and restructuring to add part-time workers to the deal.

Dominic LeBlanc said Sunday that he expects Prime Minister Mark Carney and U.S. President Donald Trump will speak "over the next number of days" as the United States ratchets up pressure in trade talks.

The Canada-U.S. trade minister appeared on CBS's "Face the Nation" and spoke about where talks stand between the two countries.

LeBlanc told host Margaret Brennan that while Canada is "disappointed" with Trump's new 35-per-cent tariffs, he is continuing to work toward a deal that would hopefully strike down trade restrictions between the nations.

The pace of auto theft is dropping in Canada thanks to collective efforts to crack down on thieves, says an industry group focused on insurance fraud and crime.

Équité Association said in a report released Monday that the number of vehicles reported stolen nationally dropped 19.1 per cent in the first half of 2025 compared to the same period in 2024.

Just over 23,000 vehicles were reported stolen in the first six months of the year in Canada, the report said.

The Bank of Canada has largely kept to the sidelines as it tries to get a sense of how U.S. tariffs will impact the economy — and some economists think it might just stay there.

After a quarter-point cut in March, the central bank held its benchmark interest rate steady at 2.75 per cent in April and June.

With last month's jobs figures showing a surprise gain and core inflation levels holding steady at around three per cent, economists now broadly expect the central bank will continue its holding pattern at its next decision on July 30.

The head of an Ottawa-based Canadian Army regiment has been temporarily removed as part of an investigation into alleged online behaviour that the commander of the army says disgraced the military.

The commanding officer of the Cameron Highlanders of Ottawa has been removed from his post in connection with a probe into the "Blue Hackle Mafia" social media group, Lt-Gen Michael Wright said in a statement to army ranks Wednesday and shared with The Canadian Press Thursday.

Unionized Canada Post workers will get a chance to vote directly on the employer's offers for a new collective agreement starting on Monday.

The Canada Industrial Relations Board will run the vote between July 21 and Aug. 1.

A simple majority vote will decide whether the proposal is accepted or rejected.

Canada Post is at an impasse with the union representing roughly 55,000 postal service workers after 19 months of talks.

Underlying inflation remained stubbornly hot in June, leading financial markets and many economists to firm up calls for a third straight interest rate hold from the Bank of Canada later this month.

Statistics Canada said Tuesday that the annual pace of inflation accelerated to 1.9 per cent in June, up from 1.7 per cent in May and largely in line with economists’ expectations.

Prices didn't ease much at the gas pumps last month, the agency said, and higher prices on motor vehicles and other durable goods also drove inflation higher.

The annual pace of inflation accelerated to 1.9 per cent in June as consumers were paying more at car dealerships, Statistics Canada said Tuesday.

The June price hike is up from 1.7 per cent in May and was largely in line with economists’ expectations.

StatCan said gasoline prices were nearly unchanged in June as higher crude oil prices and geopolitical conflicts ratcheted up pressure at the pumps. Motorists saw a steeper monthly decline in prices this time last year, which the agency said led to a rise in headline inflation.