Author: admin
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U.S. man tried to float illegal drugs to Canada in duffel bags he bought in Walmart
A 69-year-old man has been sentenced to 15 years in prison for trying to float hundreds of kilograms of methamphetamine from Washington state to Canada via the Strait of Juan de Fuca. John Michael Sherwood, a former resident of Rhode Island, Texas, and Chicago, was sentenced on Friday in a Seattle court for three federal…
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Read the full text of the Gordie Howe Bridge deal: ‘Proposed agreement in principle’
Ottawa has released details of the revenue-sharing agreement between Canada and the United States for the soon-to-be-opened Gordie Howe International Bridge between Detroit, Mich., and Windsor, Ont. A document posted to the Windsor–Detroit Bridge Authority website lists several factors under what is referred to as a “proposed agreement in principle.” They include a payment by…
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Bank of Canada would cut rates if not for Iran war, says Benjamin Tal
Benjamin Tal , managing director and deputy chief economist at CIBC Capital Markets Inc. , talks with Financial Post’s Larysa Harapyn about how the Bank of Canada would cut rates if not for the war in the Middle East . “The Bank of Canada is very comfortable not touching interest rates anytime soon. The only…
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PQ would renegotiate Churchill Falls MOU with 1927 ‘injustice’ in mind
If the Parti Québécois is elected this fall, it says it will try to redraft a pending energy deal with Newfoundland and Labrador to further develop Churchill Falls. But only if it involves compensation for Quebec’s loss of Labrador nearly a century ago. In an interview with National Post, the party’s energy critic Pascal Paradis…
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Canadians are quick to call AI use cheating, slow to disclose their own use: poll
Most Canadians have decided that using artificial intelligence to do your work and not saying so is a kind of cheating. Getting them to admit their own use is another matter. A new Leger survey, commissioned by the Association for Canadian Studies, the Diversity Institute at Toronto Metropolitan University and the Future Skills Centre, found…
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Carney, Trump agree to speed up trade talks before 50% tariffs hit
Prime Minister Mark Carney said he and United States President Donald Trump agreed to accelerate trade talks ahead of a potential U.S. move to impose 50 per cent tariffs on a range of Canadian goods next month. The Trump administration announced Monday it would add the levies over what it said was unfair treatment of…
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Canadian provinces defy Trump’s tariff threat, keep U.S. alcohol bans
President Donald Trump’s administration is using another tariff threat to put fresh pressure on Canadian provinces to end their boycotts of U.S. alcohol . But provincial leaders aren’t backing off. Ontario Premier Doug Ford said he won’t lift his province’s ban on the sale of American wine and spirits in government-run stores unless the United…
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Paramount-Warner deal at risk of delays costing billions
Paramount Skydance Corp. was on the brink of closing its blockbuster US$110 billion takeover of Warner Bros. Discovery Inc. Now the companies are facing a legal hurdle that risks putting the deal on hold for months at a cost that could quickly climb to billions of dollars. On Monday, a federal judge granted a request…
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Canada nixes cross-border celebrations for Gordie Howe Bridge opening after new tariffs
OTTAWA — Canada will not be taking part in cross-border celebrations to highlight the opening of the Gordie Howe International Bridge next week, the government has announced. “In light of trade action threatened by the United States earlier this week, it would be inappropriate to proceed with a celebratory event between the two countries,” said…
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Premiers promise direct-to-consumer alcohol sales from out of province are finally happening
CHARLOTTETOWN — Eight premiers said Tuesday they would start allowing people in their province to buy alcohol directly from producers anywhere in the country. “We’re thrilled today that other provinces have joined us,” said New Brunswick Premier Susan Holt, whose province amended its laws to allow residents to order alcohol directly from elsewhere in Canada…