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A new survey on public safety perception in Canada’s urban centres finds that Quebec City has the strongest net perceived safety score in the country, while Winnipeg has the weakest. But the survey, updating a previous version of the study conducted almost a decade ago, also recorded a big change in several large municipalities. Edmonton,…

Alberta thinks it has a health care fix. Ottawa, as always, is skeptical

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Can Ottawa and Alberta actually work together? Adriana LaGrange is not waiting for permission. Alberta’s minister of hospital and surgical health services is rolling out a dual-practice model that lets some surgeons work in both the public system and a private-pay lane at the same time — something no other province allows. The question hanging…

Canada may have escaped the pain of rising bond yields, but fiscal pressures remain

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The Canadian economy is in relatively good shape compared to a number of developed countries around the world, but the knock-on effects of rising global bond yields will still cause pain. “The upward pressure on global yields will put pressure on our borrowing costs, regardless of what we do,” said Kyle Hanniman, an associate professor…

Job declines push back against Bank of Canada’s hawkishness

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Canada’s economy unexpectedly lost 42,000 jobs in August, leading economists to say the Bank of Canada and Canadians in general may have celebrated previous positive growth reports too early. As a result, many economists expect the Bank of Canada to keep rates at 2.25 per cent , something it did this week for the seventh…

Posthaste: Canada is ‘lowering itself’ with retaliatory tariffs that will only bite back, report says

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Canada will wind up hurting itself with its latest counter-tariffs based on the outcome of retaliatory duties levied nearly 100 years ago, says the Montreal Economic Institute (MEI). Canada is set to unleash on Sept. 8 $28-billion worth of tariffs ranging from 15 per cent to 50 per cent on imports from the United States.…

Canada’s unemployment rate remains at 6.4% as economy sees broad-based declines

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The Canadian economy shed 42,000 jobs, but the unemployment rate remained unchanged at 6.4 per cent in August after it declined by a total of 0.5 percentage points in May, June and July. Employment declines were spread across several industries, including the public sector, natural resources , utilities and business, building and other support services.…

A 50% tariff can’t break parts of the U.S. dependence on Canadian cement

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Mark Thompson’s concrete business in northern New York has almost exclusively relied on cement from Canada for nearly half a century. Jefferson Concrete Corp., located in Watertown, about 30 kilometres from the Canadian border at the eastern end of Lake Ontario, uses roughly 4,000 tonnes of cement a year to manufacture everything from septic tanks…

Meet the Indigenous lawyer who’s shaking up Alberta’s independence movement

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OTTAWA — Indigenous lawyer Leighton Grey was the surprise star of an Alberta independence rally at the provincial legislature in Edmonton over the weekend. Grey, a criminal defence attorney and Carry the Kettle Nakoda Nation member based in Cold Lake, Alta., delighted the pro-independence crowd when he laid out his vision for a future Alberta…

Bitcoin retakes US$80,000 as choppy U.S. demand tests the rally

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Bitcoin is back above US$80,000. The question is whether it can stay there. The cryptocurrency jumped as much as four per cent on Thursday as stocks rose, Treasury yields fell and the dollar weakened after Federal Reserve Governor Christopher Waller signalled he would support keeping interest rates unchanged if inflation continues to ease. The move…

Uber, Wayve unleash supervised robotaxis on the U.K.’s winding streets

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