Canada

Canada trade deficit widens sharply in November as exports slump

Canada trade deficit widens sharply in November as exports slump

Ottawa (Rajeev Sharma): Canada recorded a sharp increase in its monthly international trade deficit in November as merchandise exports fell steeply, led by a significant decline in metal and non-metallic product shipments, data released by Statistics Canada on Thursday showed. The country posted a goods trade deficit of C$2.2 billion (US$1.62 billion) in November, widening sharply from an upwardly revised deficit of C$395 million in October. With the exception of September, when Canada registered a marginal surplus, the trade balance has remained in deficit since February last year, coinciding with uncertainty triggered by tariff threats from U.S. President Donald Trump.…
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Federal government reinforces policing as extortion wave intensifies in Surrey

Federal government reinforces policing as extortion wave intensifies in Surrey

Surrey (Rajeev Sharma): Ottawa has announced a fresh round of law enforcement support to address a sharp rise in extortion-related crimes in Surrey and neighbouring communities in British Columbia’s Lower Mainland, as authorities warn the situation is spiralling rapidly. Public Safety Minister Gary Anandasangaree said the federal government would move quickly to strengthen frontline policing, calling the growing pattern of threats and violence “completely unacceptable.” In a public statement, he stressed that dismantling the criminal networks behind the extortion schemes would require close coordination between federal, provincial and local agencies. Under the new measures, the Royal Canadian Mounted Police (RCMP)…
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Carney Says Canada-U.S. Relations ‘Good’ as Trade Deal Review and Trump Tariff Threats Loom

Carney Says Canada-U.S. Relations ‘Good’ as Trade Deal Review and Trump Tariff Threats Loom

Ottawa (Rajeev Sharma): Prime Minister Mark Carney on Tuesday said Canada’s relationship with the United States remains on stable footing despite heightened rhetoric and tariff threats from U.S. President Donald Trump ahead of a key trade agreement review. Speaking briefly to reporters before a cabinet meeting, Carney said Ottawa continues to have “good conversations” and constructive exchanges with Washington, even as attention intensifies around bilateral trade and security issues. Canada’s free trade agreement with the United States and Mexico (CUSMA) is scheduled for a formal review in July. Carney said Trump’s recent threat of imposing 100 per cent tariffs on…
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Energy, Critical Minerals to Anchor Renewed India-Canada Trade Relations: Canadian Minister

Energy, Critical Minerals to Anchor Renewed India-Canada Trade Relations: Canadian Minister

New Delhi/Ottawa (Rajeev Sharma): Energy cooperation and critical minerals are set to form the foundation of renewed trade ties between India and Canada as the two countries move to reset relations after a prolonged diplomatic freeze, a senior Canadian minister has said. Canada’s Minister of Energy and Natural Resources, Tim Hodgson, said India’s rapidly growing energy demand presents a major opportunity for Canada, which has abundant reserves of oil, natural gas and critical minerals. Speaking to Bloomberg Television on the sidelines of India Energy Week in Goa on Wednesday, Hodgson said deeper energy links would strengthen both economies. Canada currently…
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Surrey Urges Ottawa to Declare Federal Emergency as Extortion Cases Surge

Surrey Urges Ottawa to Declare Federal Emergency as Extortion Cases Surge

Surrey, B.C, January 28, 2026: The City of Surrey is calling on the federal government to declare a state of emergency in response to a sharp rise in extortion cases, with police recording 35 suspected incidents in the city so far this month alone. Surrey city council unanimously approved a motion brought forward by Mayor Brenda Locke during a public hearing Monday night, citing growing concerns over organized crime, intimidation and targeted shootings. “The City of Surrey is experiencing an acute and escalating crisis of organized extortion, intimidation, and targeted shootings resulting in fear, trauma, and economic harm to residents…
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Magnitude 3.7 Earthquake Felt Across Southern and Central Ontario Late Tuesday

Magnitude 3.7 Earthquake Felt Across Southern and Central Ontario Late Tuesday

Ontario (Gaganjot Singh): Thousands of residents across southern and central Ontario reported feeling an earthquake late Tuesday night, according to Natural Resources Canada. Earthquakes Canada said a magnitude 3.7 tremor was recorded just before 11 p.m. ET, approximately 99 kilometres northeast of Toronto. The quake was described as “lightly felt” and was centred about 23 kilometres southeast of Orillia, Ont., at a depth of five kilometres. Natural Resources Canada seismologist Marikah Adams said around 2,600 people had reported experiencing the shaking, with reports coming in from a wide area stretching from Kingston to Kitchener. She added that additional reports were…
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Bank of Canada Holds Interest Rate at 2.25%, Sees Slow Recovery After U.S. Tariff Shock

Bank of Canada Holds Interest Rate at 2.25%, Sees Slow Recovery After U.S. Tariff Shock

Ottawa (Rajeev Sharma): The Bank of Canada held its benchmark interest rate steady on Wednesday, maintaining the policy rate at 2.25 per cent, while forecasting a gradual recovery the Canadian economy following the impact of U.S. tariffs The decision marks the central bank’s first rate announcement of the year and was widely anticipated by economists. The bank paused its rate-cutting cycle in December, and Governor Tiff Macklem said recent economic developments have largely unfolded in line with expectations. However, Macklem cautioned that uncertainty remains “unusually high,” citing ongoing geopolitical risks and the upcoming review of the Canada-U.S.-Mexico Agreement. He said…
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Mikaël Kingsbury and Marielle Thompson Named Canada’s Flag-Bearers for Milano-Cortina Winter Olympics

Mikaël Kingsbury and Marielle Thompson Named Canada’s Flag-Bearers for Milano-Cortina Winter Olympics

Ottawa (Rajeev Sharma): Olympic champions Mikaël Kingsbury and Marielle Thompson will carry the Canadian flag at the opening ceremony of the Milano-Cortina Winter Games on Feb. 6, the Canadian Olympic Committee (COC) announced Wednesday. The duo, both competing in their fourth Olympic Games, will lead Canada’s freestyle skiing and snowboard athletes during the ceremony in Livigno. The parade of nations will take place simultaneously across multiple venues, including Milan’s San Siro Stadium and mountain clusters in Cortina and Predazzo, making these the most geographically spread Olympic Games in history. More than 200 Canadian athletes, alongside competitors from 92 other countries,…
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Toronto cyclists defend court win as Ontario appeals bike lane ruling

Toronto cyclists defend court win as Ontario appeals bike lane ruling

Toronto (Rajeev Sharma): A group of Toronto cyclists appeared before Ontario’s highest court on Wednesday to defend a lower-court ruling that blocked the provincial government’s plan to remove protected bike lanes from major city streets. The Court of Appeal for Ontario is hearing the province’s appeal against a July 2025 Superior Court decision that found the proposed removal of bike lanes posed an unconstitutional risk to cyclists’ safety. The case centres on a 2024 law passed by Premier Doug Ford’s government to eliminate 19 kilometres of protected bike lanes along Bloor Street, Yonge Street and University Avenue. The cyclists, including…
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B.C. paramedics’ union to hold strike vote after contract talks stall

B.C. paramedics’ union to hold strike vote after contract talks stall

Vancouver (Rajeev Sharma): The union representing British Columbia’s ambulance paramedics and emergency dispatchers has announced it will hold a strike vote early next month after negotiations with the provincial government over a new collective agreement reached an impasse. Ambulance Paramedics of B.C. (APBC) said in a news release on Tuesday evening that the electronic strike vote will be conducted over a two-week period beginning February 2. The announcement follows contract talks last week that the union described as yielding “no positive progress.” APBC president Jason Jackson said the government’s current offer fails to address the ongoing challenges faced by paramedics…
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