OTTAWA—The newly-struck North American trade agreement will let more American dairy products into Canada and, while it has yet to be ratified, it's already putting at least one MP from the governing Liberals in an awkward spot.
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OTTAWA—The Bank of Canada raised its trend-setting interest rate yesterday and sent signals that future hikes could be upon Canadians sooner than previously expected.
With a big source of trade uncertainty finally out of the way, the central bank delivered a quarter-point rate increase for the fifth time since the summer of 2017.
MONTREAL—Quebecers charted a new course for their province yesterday by giving the seven-year-old Coalition Avenir Quebec a majority mandate in an election result that could create waves beyond its borders.
Quebec, Canada's second most-populous province, has joined the even bigger province of Ontario in voting for change following about 15 years of Liberal governments.
OTTAWA—Justin Trudeau has unveiled his pre-election cabinet in a shuffle designed to showcase new faces and to address increasingly troublesome files—from border security to trade promotion to the potential for bare-knuckle scraps with the provinces.
OTTAWA—U.S. President Donald Trump's envoy to Canada told guests at her cosier-than-usual Fourth of July party in Ottawa last night that the countries' strained relationship will overcome the tough times.
Ambassador Kelly Craft delivered the message with the U.S. and Canada locked in an unprecedented trade dispute.
OTTAWA—The Canadian government yesterday took steps to apply further pressure on Venezuela by announcing it won't seek to replace its ambassador in Caracas following a presidential election that has attracted widespread international condemnation.
OTTAWA—Today's federal budget will establish a national advisory group with former Ontario health minister Eric Hoskins at the helm that will work towards setting up a Canada-wide pharmacare plan, sources say.
OTTAWA—The economy's impressive run has prompted another interest-rate hike from the Bank of Canada—but looking ahead, it warned of the broadening negative impact of NAFTA's uncertain future.
The central bank pointed to unexpectedly solid economic numbers as key drivers behind its decision yesterday to hike the trend-setting rate to 1.25 percent, up from one percent.
OTTAWA—The federal ethics commissioner has cleared Finance minister Bill Morneau of allegations that he and his father benefited from insider information to save half-a-million dollars on the sale of shares in their family-built company.
OTTAWA—Canada's finance ministers struck a deal yesterday on how they plan to share tax revenues during the cost-heavy start-up phase of a legalized marijuana market.
But they also kept their options open—just in case lucrative days lie ahead.