National News

Signs that underlying inflation was picking up in April put the Bank of Canada in a tricky position ahead of its June interest rate decision, with some economists arguing a second straight pause is now more likely.

"It is going to make it a much more challenging backdrop for the Bank of Canada to continue cutting rates, at least in the near term," said Benjamin Reitzes, managing director of Canadian rates and macro strategist at BMO Capital Markets.

Statistics Canada is set to release inflation data for April today.

Market data shows economists on average expect the annual rate of inflation cooled to 1.6 per cent last month, from 2.3 per cent in March.

The Liberal government eliminated the consumer carbon price at the start of April, offering motorists some relief at the pump.

Last month also marked the first full month of tariffs between Canada and the United States, though both sides have offered some exemptions in the trade dispute.

High-ranking officials from the world's top economies are in Banff, Alta., this week for a three-day summit that will cover topics including the global economy, the war in Ukraine and artificial intelligence.

The meeting comes during a period of heightened instability as U.S. President Donald Trump continues his tariff-driven effort to bring industry to American soil, leading many countries to reconsider their trade relationships with the United States and other trading partners.

Canada Post says it has received strike notices from the union representing some 55,000 postal workers, with operations poised to shut down by the end of the week.

The Crown corporation says the union informed it that employees plan to hit the picket line starting Friday morning at midnight.

A work stoppage would affect millions of residents and businesses who typically receive more than two billion letters and roughly 300 million parcels a year via the service.

Prime Minister Mark Carney reaffirmed Canada's "steadfast and unwavering support" for Ukraine in his first meeting with the country's president on Saturday in Rome.

His meeting with Volodymyr Zelenskyy was one of several sitdowns with world leaders taking place in the Italian capital, where Carney — a devout Catholic — has travelled to attend the inaugural mass of Pope Leo XIV. The Prime Minister is making a concerted effort to meet with other G7 leaders ahead of the global summit Canada is hosting in Kananaskis, Alta., next month.

Prime Minister Mark Carney had a brief audience with Pope Leo XIV Sunday afternoon at the Vatican following the pontiff's inaugural mass in St. Peter's Square.

Carney was seated in the second row with his wife Diana for the mass, in a section amongst other world leaders and heads of state.

The prime minister, who is a devout Catholic, was one of the few world leaders to kneel during the blessing of the Eucharist, and was spotted at two instances taking a picture of the Pope on his phone to mark the occasion — before the mass started and after it had concluded. 

As the first Indigenous person ever to lead the federal department responsible for delivering services to First Nations, Inuit and Métis, Mandy Gull-Masty knows she has a daunting task ahead.

But the newly-appointed Indigenous services minister also knows what it's like to sit at both sides of the table — as a cabinet minister now and, until recently, as the grand chief of the political body representing 20,000 Cree people in northern Quebec.

A consequential report on Canada Post largely backs the Crown corporation's story about its flagging business, experts say, and bodes poorly for the union attempting to negotiate a better deal for the postal service's workers.

“If I was the union, I'm going to be very, very disappointed in this," said Marvin Ryder, associate professor of marketing and entrepreneurship at the DeGroote School of Business.

The sexual assault case of five hockey players faced another major upheaval Friday, abruptly converting from a jury to a judge alone in order to avoid a mistrial that would have rebooted the proceedings for a second time in less than a month.

Ontario Superior Court Justice Maria Carroccia ruled to discharge the jury Friday over concerns about possible jury bias. The move came after a juror sent a note to the Carroccia indicating some members of the panel felt two of the defence lawyers were laughing at them as they came into court each day.

When a church in Toronto's west end was converted into affordable housing nearly 15 years ago, the group behind the project was already thinking ahead. 

Andrea Adams, the executive director of the non-profit developer St. Clare's, said she was "daydreaming" about what could be built on the yard next to the 20-unit building on Ossington Avenue. 

She was eventually introduced to Assembly Corp., a company that builds mass timber modular housing, around the same time that the city was looking for proposals for "shovel ready" affordable housing projects.