National News

Prime Minister Mark Carney's first move after taking office on Friday was to eliminate the consumer carbon price, undoing Justin Trudeau's signature climate policy.

Carney addressed members of the media after the Friday afternoon cabinet meeting, saying the government is "focused on action."

"We will be eliminating the Canada fuel charge, the consumer fuel charge, immediately, immediately," he said.

The order-in-council Carney signed in front of cabinet ministers and the press actually stipulates that the "the fuel charge be removed as of April 1, 2025."

Mark Carney has been officially sworn in as Canada's 24th prime minister in a ceremony at Rideau Hall, about an hour after Justin Trudeau formally resigned.

Carney told reporters on his way into the ceremony that his government is focused and ready to get to work.

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Canadian officials said a Thursday meeting with U.S. Commerce Secretary Howard Lutnick was constructive and lowered temperatures amid the ongoing trade war launched by U.S. President Donald Trump last month — but they expected no immediate changes to punishing tariffs. 

"This was a constructive discussion," said Industry Minister François-Philippe Champagne in Washington. "We have our disagreements, but as long as you have dialogue you are making progress."

Mark Carney will be sworn in as prime minister this morning at Rideau Hall, where he will also reveal his new cabinet.

Carney won the Liberal leadership race last weekend with an overwhelming 86 per cent of the votes from Liberal members.

He officially takes over from Justin Trudeau as prime minister in today's ceremony.

His first cabinet is expected to be smaller than Trudeau's 37-member team, and some ministers are set to lose their positions.

Global Affairs says it can't intervene on behalf of a Canadian being held in an Arizona immigration detention centre, where the woman's mother has described conditions as "inhumane and deeply concerning."

Alexis Eagles said her daughter, Vancouver businesswoman and former actress Jasmine Mooney, is being detained at the San Luis Regional Detention Center with about 30 people in the same cell.

Mark Carney will be sworn in as Canada's 24th prime minister at a ceremony at Rideau Hall Friday after the formal resignation of Justin Trudeau.

Gov. Gen. Mary Simon, who will preside over the event, announced late Wednesday the swearing-in ceremony for Carney and his new cabinet will take place at 11 a.m. ET in the Rideau Hall ballroom. 

Carney, who was selected as Liberal leader Sunday in a landslide vote, has promised a "seamless" and "quick" transition.

A new poll suggests that 40 per cent of Canadians are worried about losing their jobs as many businesses scale back hiring plans in response to the trade war with the United States.

The Leger poll, which sampled more than 1,500 Canadian adults from March 7 to March 10, suggests that more than half of workers in Ontario were concerned about job security, the highest in the country, while just under one in four in Atlantic Canada said they were worried.

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.