Author: admin
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Canadians spent $3.3 billion less on travel to the U.S. last year: StatCan
Canadians spent $3.3 billion less on travel to the United States in 2025 compared to 2024, according to figures released by Statistics Canada. The decline resulted in a total spend of $18.1 billion on visits to the U.S. last year, with the decrease driven by lower spending on leisure-related visits, which fell by $2.2 billion…
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Trump’s tariffs storm back onto the world stage: FP Video explains what it means to Canada
Tariffs are in the spotlight for FP Video this week as our team talked to a trade lawyer about Donald Trump’s latest levies and explained why the dispute was centred on cars, alcohol and cheese. We also dissected the Bank of Canada ‘s latest decision and talked to AutoTrader about the car market. A highlight…
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New permanent residents down 20% in Canada. Nearly half the drop came from India
Canada admitted 20 per cent fewer permanent residents in the first three months of this year, with study permits and asylum claims also falling. The country took in 83,130 permanent residents between January and March, down from 104,320 over the same three months in 2025, according to Immigration, Refugees and Citizenship Canada data analyzed by…
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Why the Gordie Howe International Bridge was ‘a bad deal for Canada from the start’
We learned this week the outcome of Canada’s gunpoint re-negotiation with the United States over revenue from the new Gordie Howe International Bridge, an impressive $6.4-billion cross-border span that Canada paid for and is now finally able to open for traffic on Monday. The reality of the forced amendments — hammered out under threat from…
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Carney says ‘everything’s on the table’ if U.S. imposes new 50% tariffs
Prime Minister Mark Carney said Canada is weighing all options for possible retaliation if it doesn’t reach a deal with the United States to avert 50 per cent tariffs next month. “Everything’s on the table if there’s no agreement, depending on the outcome of the negotiations,” he told reporters in Charlottetown on Thursday. This week,…
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Trump slaps 60 economies, including Canada, with new tariffs over forced labour
The United States will collect duties of between 10 per cent and 12.5 per cent on imports from most major trading partners, its biggest move yet to reconstruct President Donald Trump’s tariff wall that was pierced by the Supreme Court. The new levies follow an investigation into the alleged failure of around 60 economies to…
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BQ Leader Blanchet bungled social media hacking incident, former cybersecurity official says
The Bloc Québécois missed an opportunity to own up to the mistakes of its leader, Yves-François Blanchet, and educate voters about best online practices after Blanchet’s X account was hacked nearly two weeks ago, said one of the province’s leading cybersecurity advisers. Steve Waterhouse, former Quebec assistant minister of information security and cybersecurity, said the…
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Elmer MacKay, former federal minister and Nova Scotia MP, dies at 89
Elmer MacKay, a former Progressive Conservative cabinet minister, longtime Nova Scotia MP and father of onetime federal party leader Peter MacKay, has died at 89. Peter MacKay shared the news in a social media post on Friday morning. “ In his 90th yr our beloved father Elmer was called home. His was an extraordinary life,…
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Canada’s only operational submarine just sank a U.S. warship
Six days after the federal government said only one of Canada’s four submarines is seaworthy, that submarine sank an American warship off Hawaii. HMCS Corner Brook launched a Mark 48 heavyweight torpedo at the decommissioned cruiser USS Mobile Bay on July 12, and the Canadian shot was the one that sank it, CTV News reported…
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U of T math professor is first scholar at a Canadian university to win prestigious Fields Medal
University of Toronto mathematics professor Jacob Tsimerman has won the Fields Medal, a prestigious prize often compared to the Nobel Prize that is only awarded every four years to mathematicians under 40. He is one of four mathematicians to win this year, as well as the first academic at a Canadian university to win (the…