Statistics Canada set to report October inflation data today
OTTAWA — Statistics Canada is set to publish inflation figures for October this morning. A Reuters poll of economists ahead of the release predicts annual inflation fell to 2.1 per cent in October, according to LSEG Data & Analytics, down from 2.4 per cent in September. Economists say the decline is expected in part because […]
Poilievre lays out market-first opposition to Carney’s federal budget in speech
OTTAWA — Conservative Leader Pierre Poilievre called for removing obstacles to homebuilding and promoting market competition in a speech today offering his alternative to the Liberal budget tabled earlier this week. Poilievre delivered his address to a business crowd at the Economic Club of Canada, a few blocks away from the Canadian Club Toronto, where […]
Liberal government survives second confidence vote amid Conservative caucus turmoil
OTTAWA — The Conservatives helped the minority Liberal government survive a second confidence vote on the budget this afternoon. The House of Commons recorded a vote of 307 against a Bloc Québécois motion to reject the budget, and 30 in favour. On Thursday, the Bloc and NDP teamed up to vote against a Conservative motion […]
Statistics Canada to release October jobs report this morning
OTTAWA — Statistics Canada is set to release its jobs report for the month of October this morning. The consensus among economists polled by Reuters is that the labour market took a breather last month, with 2,500 jobs expected to be lost. That would come after a surprise hiring surge in September, when more than […]
Mom of soldier killed in Afghanistan named national Silver Cross Mother
OTTAWA — When Nancy Payne lays a wreath on Remembrance Day at the National War Memorial, it won’t be the first time she’s represented mothers of Canadian soldiers who have died in combat. But it will be her first on such a stage. Payne has laid a wreath at her local Remembrance Day ceremony as […]
Trump’s 10% bus tariffs are about to pinch city budgets across North America
OTTAWA — A transit advocacy group is warning new U.S. tariffs on buses coming into effect this weekend are going to upend the budgets of cities across North America — and eventually residents and riders. Property taxes, transit fares, parking fees and maybe even congestion charges could be in play. U.S. President Donald Trump’s tariffs […]
Bank of Canada set to announce key rate decision, publish new forecasts
OTTAWA — The Bank of Canada is set to make an interest rate announcement and publish updated economic forecasts for the first time since January this morning. The central bank lowered its benchmark interest rate by a quarter point to 2.5 per cent last month in its first cut since March. Most economists expect the […]
Bank of Canada expected to cut key rate despite mixed inflation, jobs data
OTTAWA — Most economists expect the Bank of Canada will look past strong jobs data and signs of stubbornness on the inflation front to deliver a second consecutive interest rate cut this week. BMO chief economist Doug Porter is among those expecting a second straight cut on Wednesday, but he admits recent economic data hasn’t […]
Auditor finds gaps in federal cybersecurity shield as threats multiply
OTTAWA — The federal auditor found “significant gaps” in the government’s cybersecurity services, monitoring efforts and responses to active attacks on information systems. In a report released on Tuesday, Auditor General Karen Hogan said the federal government must continually bolster its defences as cyberattacks become more sophisticated, pervasive and harmful. The Treasury Board of Canada […]
With U.S. pressure, concern emerging about fate of online streaming, news bills
[Sign in](https://www.baytoday.ca/account/login) [Join now, it’s FREE!](https://www.baytoday.ca/account/register) OTTAWA — Cultural and broadcast industry groups are calling on the Liberal government to support the Online Streaming Act and the Online News Act, as the Prime Minister’s Office refuses to say whether the bills are part of trade negotiations with the United States. “We are aware that the […]