Author: admin
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Bank of Canada more likely to cut than hike after ‘brutal’ jobs report, say economists
Canada’s “brutal” jobs report for February has most economists betting interest rates aren’t going anywhere this year, but a cut would be the more likely move if there is any change. The economy shed 84,000 positions in February, far outpacing estimates for an addition of 10,000 jobs , and the unemployment rate rose to 6.7…
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Canadian-American icon honours Trump for ‘standing up to keep biological women in women’s sports’
Former Canadian and now U.S. bobsled Olympian Kaillie Humphries presented U.S. President Donald Trump with an Order of Ikkos medal Thursday at the White House , where she attended a celebration of Women’s History Month. She thanked the president for expanding access to in vitro fertilization and for keeping men out of women’s sports. Born…
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‘Bad idea’: Quebec Tory MPs slam Don Cherry’s Order of Canada nomination
OTTAWA — Only days after Conservative Leader Pierre Poilievre said hockey commentator Don Cherry should be given the Order of Canada because he “embodies what it means to be a proud Canadian,” some of his Quebec MPs — including his lieutenant in the province — are speaking out against the nomination because of Cherry’s past…
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Carney and other G7 leaders oppose U.S. pause on Russian oil sanctions
OTTAWA — Prime Minister Mark Carney said Canada disagrees with the U.S. decision on Thursday evening to pause U.S. sanctions on Russian oil to mitigate soaring energy prices amid the Iran conflict. “Canada’s position is to maintain sanctions on Russia, maintain sanctions, including on the shadow fleet, which is moving this oil,” said Carney, during…
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Canada’s economy lost 84,000 jobs in February, unemployment rate ticked up to 6.7%
Canada’s economy lost 84,000 jobs in February while the unemployment rate edged up to 6.7 per cent, Statistics Canada said on Friday, a setback for the labour market and one of the worst monthly job losses seen in years outside of the pandemic.
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Montreal man charged with murder previously stabbed a woman to death in Vancouver
A 35-year-old Montreal man who previously stabbed a mother of two to death in Vancouver has been charged with first-degree murder in connection with a homicide at a Plateau Mont-Royal dépanneur.
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Man in Michigan synagogue attack lost family members in Israeli airstrike in Lebanon, official says
A man with a rifle who crashed into a large Michigan synagogue in what federal officials are saying was an attack had lost four family members in an Israeli airstrike in his native Lebanon last week, an official said Friday.
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Former president of national gay rights group resigns to take up fight against Muslim Brotherhood
The former board president of Egale Canada, a leading Canadian group that advocates for LGBT rights, says she now wants to devote her energies to fighting antisemitism. Jacki Lewis is managing partner of Toronto law firm, Lewis & Associates. She has 30 years’ experience representing refugees before the Refugee Protection Division and Federal Court of…
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Canada’s unemployment rate rises to 6.7% as economy loses 84,000 jobs
Canada’s unemployment rate rose to 6.7 per cent in February as the economy shed 84,000 jobs in both services-producing and goods-producing industries, Statistics Canada said Friday. Economists had been expecting a gain of 10,000 jobs. Wholesale and retail trade suffered the most job losses, with 18,000 fewer people working in the sector, while “other services” such as personal and repair services lost…
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MDA Space’s U.S. stock market debut could be used as ‘currency’ for future acquisitions, CEO says
Taking on a United States stock ticker will make Canada’s largest space technology company more accessible to American investors and put it in a strong position to pursue acquisitions in the U.S. and Europe, the company’s chief executive said. MDA Space Ltd. made its debut on the New York Stock Exchange (NYSE) on Thursday with a US$300- million initial public…