Author: admin
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Carney rejects idea of using oil as weapon against U.S. tariffs
Prime Minister Mark Carney rejected the notion that Canada should curb the supply of vital resources to the United States to retaliate against tariffs , arguing that it’s more important for the country to keep its reputation as a dependable producer. “Being a reliable supplier is important,” Carney told reporters Wednesday in response to a…
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Bank of Canada expects economic rebound, decelerating inflation rate but risks remain
Canada’s economy showed signs of growth in the second quarter of 2026, but uncertainty from U.S. trade policies and the war in Iran means monetary policy must remain nimble, the Bank of Canada’s governing council said during deliberations preceding its July 15 interest rate decision . A summary of deliberations that led to the council’s…
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Liberals adjourn committee without voting on Conservative motion to look into Gordie Howe bridge deal
OTTAWA — Liberal MPs voted to adjourn a committee meeting on Wednesday without voting on a Conservative motion to look into the details of the new revenue-sharing agreement struck between the United States and Canada on the Gordie Howe International Bridge. The motion stems from what the Conservatives view as contradictory statements made by Prime…
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Canada just ‘one intelligence failure away from a mass casualty event’ after a deadly year for Jews: report
Antisemitic attacks have reached their deadliest level in more than thirty years, according to an annual report on antisemitism in major Jewish diaspora regions around the world. In 2025, a combined twenty people were murdered in antisemitic attacks: in Australia, the United Kingdom and the United States. A record number — since the 1994 bombing…
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Ottawa to scrap base contribution requirement for large U.S. streamers and replace it with government funding
OTTAWA — The Liberal government is planning to direct its broadcasting and telecommunications regulator to “eliminate” the five per cent base contribution requirements for large U.S. streamers that has been tied up in court. Recent correspondence from the Federal Court of Appeal, first revealed by The Wire Report , shed some light on the government’s…
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Peel police officer docked 15 days’ pay after leaving loaded gun in mall change room
A Peel Regional Police constable has been found guilty of misconduct and fined 15 days’ pay after leaving her loaded gun and other equipment in a change room at Square One Shopping Centre in Mississauga, just outside Toronto. She was subsequently arrested for unsafe storage of a firearm under section 86(2) of the Criminal Code…
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Carney rules out cutting oil exports to hit back at U.S. tariffs
OTTAWA — Prime Minister Mark Carney is tempering talk of cutting off oil exports to the U.S. to retaliate against tariffs. Carney told reporters in Red Deer, Alta., on Wednesday that turning off the oil taps could threaten Canada’s global image as a dependable energy provider. “Being a reliable supplier is important… So when you’re…
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Billionaire Larry Tanenbaum bets big on women’s sports after MLSE exit
Nearly 21,000 WNBA fans packed Montreal’s Bell Centre on a warm July evening, breaking the league’s regular-season attendance record. Only the city doesn’t have a professional women’s basketball team. The crowd was there to see the Toronto Tempo, which was playing a special two-game series at the venue after becoming the sole Women’s National Basketball…
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New York City offers discount to attract Canadians back
New York City is offering discounts to tourism and hospitality businesses as it looks to attract Canadian tourists back to the city. The city on Tuesday announced the summer travel incentive for Canadians called “ NYC’s Northern Neighbour Deal ,” which offers a 30 per cent discount at more than 85 participating hotels , Broadway…
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Alberta-based retailer hit by Canadians drinking less booze, smoking less weed
Canadians eased off booze and cannabis this spring, hitting an Alberta-based retailer with falling sales and a nearly $8-million loss. Revenue at SNDL Inc, headquartered in Edmonton, fell by about four per cent to $235.8 million, according to second-quarter results released Tuesday. If the name means nothing to you, the banners will. SNDL runs Wine…