-
2 days ago | 
castanet.net | Kyle Duggan |David Baxter |Matthew Scace |Liam Casey
Ottawa is reviewing its defence spending plans "from top to bottom," Defence Minister David McGuinty said Thursday, as Canada comes under pressure from allies to ramp up spending to levels not seen since the height of the Cold War.
-
1 week ago | 
castanet.net | John Cairns |Matthew Scace |Michael Tutton |Nicole Ireland
Opposition New Democrats are again blasting the Sask Party government over the pay parking lots at Saskatchewan hospitals. At a news conference at the Legislature, Rural and Remote Health critic Meara Conway claimed there were contracts in place with American firms to run those parking lots and called for those to be cancelled.
-
2 weeks ago | 
cheknews.ca | Matthew Scace |Laura Brougham
There’s a sense of unity coming out of this week’s summit with finance ministers and central bankers across the G7, Canada’s finance minister said Thursday. The group gathered in Banff, Alta., less than a month ahead of the G7 leaders summit set for June in nearby Kananaskis. They came out with a communique emphasizing a commitment to strong economic relationships during a period of global trade uncertainty launched by the United States’ broad tariffs on countries around the world.
-
2 weeks ago | 
castanet.net | Elaine Kurtenbach |Matt Ott |Matthew Scace |Anne D'Innocenzio
U.S. stocks are falling after some of the country’s biggest retailers gave mixed forecasts for where they see their profits heading under the uncertainty caused by President Donald Trump’s trade war. The S&P 500 was down 0.6% in early trading Wednesday. The index is on track for a second straight drop after breaking a six-day winning streak. The Dow Jones Industrial Average was down 327 points, and the Nasdaq composite was 0.6% lower.
-
2 weeks ago | 
castanet.net | Matthew Scace |Anne D'Innocenzio |Michael Liedtke |Jon Gambrell
The Canada Pension Plan Investment Board says it earned a net return of 9.3 per cent for its latest fiscal year. The board says the fund totalled $714.4 billion in net assets at March 31, up from $632.3 billion a year earlier. The increase included 59.8 billion in net income and $22.3 billion in net transfers from the Canada Pension Plan. The result fell short of the fund's benchmark portfolios' return of 10.9 per cent.
-
2 weeks ago | 
castanet.net | Sammy Hudes |Morgan Lowrie |Matthew Scace |Bill Graveland
The May long weekend marks the unofficial start of cottage season for many Canadians, but a new report says some looking to buy a vacation home of their own are holding back until economic tensions settle. The report by Re/Max Canada, which is based on a Leger survey it commissioned in March, said lower borrowing costs and improved affordability in the recreational market last year had prompted renewed interest among potential buyers.
-
3 weeks ago | 
castanet.net | Allison Jones |Fakiha Baig |Ian Bickis |Matthew Scace
The Canadian Press - | Story: 549902Statistics Canada says preliminary figures for April continue to point to a sharp drop in return trips from the United States by Canadian residents. The agency says the number of Canadian-residents returning by automobile from the United States in April fell on a year-over-year basis for the fourth consecutive month as it dropped 35.2 per cent to 1.2 million.
-
3 weeks ago | 
castanet.net | Allison Jones |Fakiha Baig |Ian Bickis |Matthew Scace
Defence lawyers in the sexual assault trial of five former members of Canada's world junior hockey team are expected to continue cross-examining the complainant today. The woman, who cannot be identified under a publication ban, first took the stand on May 2 and spent most of last week facing questions from the defence. On Friday, she pushed back against a defence suggestion that she was embarrassed and ashamed for the choices she'd made the night of the alleged incident.
-
3 weeks ago | 
castanet.net | Fakiha Baig |Ian Bickis |Matthew Scace |Kyle Duggan
Quebec's forest fire prevention agency says it is sending reinforcements to Ontario and Saskatchewan to help teams fight several forest and brush fires. Two CL-415 firefighting aircraft and their crews will head to Dryden, Ont., while two other of the same aircraft will head to Meadow Lake, Sask. Quebec’s forest fire prevention agency, known as SOPFEU, says the teams departed Sunday from Quebec City. The agency says the current situation in Quebec allows for resources to head to other provinces.
-
4 weeks ago | 
castanet.net | Ian Bickis |Matthew Scace |Kyle Duggan |Dylan Robertson
The Canadian Press - | Story: 549712An official with Elections Canada says the seat for the Quebec riding of Terrebonne has flipped from the Bloc Québécois to the Liberals by a single vote after the results of a judicial recount. More coming. Ian Bickis, The Canadian Press - May 10, 2025 / 10:50 am | Story: 549648Canadian snowbirds could stay longer in the United States without a visa if a bill recently proposed in the U.S. House of Representatives becomes law.
