As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts
Canada's annual inflation rate ticked lower in December, thanks in part to Ottawa's temporary GST tax break, but economists still see interest rate cuts on the horizon as potential tariffs loom.
Statistics Canada said Tuesday the annual inflation reading for December came in at 1.8 per cent, down from 1.9 per cent in November.
The report noted restaurant food purchases and alcohol bought from stores contributed the most to the deceleration — items which were subject to the tax reprieve, along with children's clothes and toys, among others.
Finance minister says Trump's Feb. 1 tariff comments are 'nothing new'
Finance Minister Dominic LeBlanc says Donald Trump's suggestion that he will impose sweeping tariffs on Canada on Feb. 1 is "nothing new," and insists Canada has plans ready for several possible scenarios.
LeBlanc and Foreign Affairs Minister Mélanie Joly stepped out of a cabinet meeting in Montebello, Que. to deliver a statement to reassure Canadians after the newly installed U.S. president signed a stack of unrelated executive orders Monday evening.
Donald Trump signals 25 per cent tariffs on Canadian imports could be coming Feb. 1
U.S. President Donald Trump suggested his administration could move ahead with with 25 per cent across-the-board tariffs on Canadian imports on Feb. 1.
He delivered the deadline on Monday evening at the White House as he signed a stack of unrelated executive orders.
"We are thinking in terms of 25 per cent on Mexico and Canada because they are allowing vast number of people, Canada is a very bad abuser also, vast numbers of people to come in and fentanyl to come in," he told reporters Monday night.
More than a third of Canadians turn to online info due to lack of doctor access: poll
A new poll suggests more than a third of Canadians say they have no choice but to seek health information online because they don’t have access to a doctor, further highlighting challenges posed by an ongoing physician shortage.
The online survey by the Canadian Medical Association and Abacus Data conducted last November found that 37 per cent of respondents used medical advice they found online because they couldn’t access a doctor or a medical professional for help.
Canada's privacy watchdog 'concerned' about students' personal info after data breach
The federal privacy watchdog says he's "concerned" about a data breach involving a student information system used across Canada, and his office is seeking more information from the U.S.-based company behind the targeted software.
Privacy commissioner Philippe Dufresne says his office is in touch with PowerSchool, which provides the affected platforms to schools across North America.
Earlier this month, PowerSchool told school boards in Newfoundland and Labrador, Nova Scotia, Ontario, Alberta and elsewhere that it had experienced a data breach between Dec. 22 and 28.
Trump's team indicates he won't hit Canada with tariffs on his first day in office
U.S. President Donald Trump's team is indicating he won't hit Canada with damaging tariffs on his inauguration day.
Shortly before Trump was sworn into office Monday, an incoming White House official who insisted on anonymity pointed reporters to a Wall Street Journal report that said instead of tariffs Trump will instead sign an executive order launching an investigation into alleged unfair trade and currency practices by Canada, Mexico and China.
Canadians watching to see if Donald Trump follows through on tariff threat
Donald Trump is set to return to the White House with a massive agenda, leading a deeply divided United States on a starkly different path from his predecessor — and the Republican leader has signalled it means pushing away from America's closest neighbour and ally.
Canadians will be anxiously watching inauguration day ceremonies to see what is among Trump's early priorities amid threats to slap Canada with a 25 per cent across-the-board tariff on Monday.
More than 60 ill, 17 hospitalized in salmonella outbreak linked to mini pastries
The Public Health Agency of Canada says 61 cases of salmonella across the country, including 17 that have required hospitalization, have been linked to recalled mini pastries.
The agency said the Sweet Cream brand mini pastries have been distributed at bakeries, hotels, restaurants, cafeterias, hospitals, retirement residences, and catered events.
It said 33 of the 61 illnesses are in Quebec, 21 in Ontario, four in British Columbia, two in Alberta and one in New Brunswick.
Canadian leaders descend on Washington for Donald Trump's inauguration
Canadian politicians are descending on Washington, D.C., amid threats of 25 per cent tariffs when Donald Trump returns to the White House. Many are going to an event at the Canadian Embassy, which sits on Pennsylvania Avenue between the U.S. Capitol and the White House. Here are some of the Canadians expected to be in Washington Monday:
Liberal House Leader Karina Gould says she's running for party leadership
Government House Leader Karina Gould says she’s ready to throw her hat in the ring to replace Justin Trudeau as Liberal leader.
Gould says in a video posted to social media that Canadians have lost faith in the party and the Liberals need to earn back their trust.
She says the party needs to rebuild with a leader who has a track record of standing up to bullies and won’t back down.
The 37-year-old millennial is the youngest candidate to declare, just days before the official deadline to enter the race.