National News

A major foreign-policy summit is underway in Quebec today, with the Liberals welcoming foreign ministers from the U.S., Europe and Japan.

The Group of Seven ministerial meeting is taking place in the Charlevoix region, just as Canada seeks support against damaging American tariffs.

The leaders are set to discuss the functioning of the G7 today, as well as geopolitical challenges ranging from Haiti to Sudan.

Ukraine is expected to loom large over the meetings, with Kyiv saying it would be willing to accept a ceasefire if Russia agrees to certain conditions.

The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy.

The policy rate stands at 2.75 per cent after the central bank’s seventh consecutive rate cut.

The move was widely expected by economists.

Bank of Canada governor Tiff Macklem said in prepared remarks Wednesday that signs of stability in inflation and momentum in the Canadian economy driven by previous rate cuts are at risk amid the trade war with the U.S.

A new poll suggests Canadians' sense of national pride has surged in response to U.S. President Donald Trump's tariffs and threats against the country's sovereignty.

The poll, conducted by Leger Marketing for the Association for Canadian Studies, says that the number of people saying they're proud to be Canadian has jumped from 80 per cent in November 2024 to 86 per cent this month.

Liberal Leader Mark Carney is hoping to be sworn in as Canada's 24th prime minister by the end of the week but there are some logistical hurdles like security clearances for senior members of his transition team that must happen first.

Carney won a landslide victory to take the helm of the Liberals from Justin Trudeau on Sunday night but he isn't yet the prime minister.

U.S. President Donald Trump said Canada will pay a "financial price" after vowing Tuesday to double the tariff on Canadian steel and aluminum imports in response to Ontario's surcharge on electricity exports to the United States.

"They will pay a financial price for this so big that it will be read about in History Books for many years to come!" Trump posted on social media.

During his final days in office, Prime Minister Justin Trudeau is pushing for long-promised reform to the RCMP. 

A government report released Monday, which highlights concerns about Canada's capacity to meet "the new threat environment," says it's time to modernize the police service to focus on "the most serious forms of criminality."

It says the government’s vision should be to establish the RCMP as a "world class, intelligence-led, federal policing organization."

Prairie farmers say planned Chinese retaliatory tariffs on Canadian agricultural products are causing loads of uncertainty, while threats of U.S. levies and industry issues have created further problems. 

Bill Prybylski, president of the Agricultural Producers Association of Saskatchewan, says China's 100 per cent tariffs on canola oil, meal and peas scheduled for next week are already being felt, as markets have taken a hit. 

The Bank of Canada's interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.

Most economists expect the central bank will deliver another quarter-point rate cut while it waits to see how long the dispute with Canada's largest trading partner lasts.

The Bank of Canada faces a difficult task: setting monetary policy at a time when inflation has shown signs of stubbornness and the economy picks up steam, while risks of a sharp downturn tied to U.S. tariffs loom on the horizon.

Liberal MPs are gathering on Parliament Hill this afternoon to huddle after the party selected its new leader, former Bank of Canada governor Mark Carney.

Carney is heading into a day full of briefings and in the coming days will need to be sworn in as prime minister, tap his cabinet and sort out his party's battle plans for the coming federal election — but the exact timeline for all these things remains unclear.

Hundreds of people gathered on Parliament Hill for the "Elbows up, Canada" rally as U.S. President Donald Trump threatens economywide tariffs and making the country into the 51st state. 

The "Elbows up, Canada" rally came together after four days of planning, drawing big name speakers including former foreign affairs minister Lloyd Axworthy, Ottawa Mayor Mark Sutcliffe and stand up comedian Shaun Majumder. 

The core message was simple, Canada is not for sale. 

Elbows up is a hockey term describing an effective way to protect yourself from an opposing player.