canada
House prices dropping in Canada’s most expensive cities, but still out of reach for many
Carpenters build a home in Salaberry-de-Valleyfield, Que. in October. Average housing prices are softening in Canada, but experts say it’s not enough for most prospective first-time buyers. (Christinne Muschi/The Canadian Press) Housing prices are dipping in Canada’s priciest markets, but real estate experts say it’s not necessarily the break for which potential first-time homebuyers have been waiting — and that break may never come. TD Economics said in a report last week that it expects home prices to slide 0.3 per cent across Canada this year, after a weak performanceRead more
Canada, allies say they’re ready to help secure Strait of Hormuz, but don’t say how
Tankers sail in the Persian Gulf, near the Strait of Hormuz, on March 11. Canada has joined six of its allies expressing a readiness to help reopen the strait to oil and gas tanker traffic. (Stringer/Reuters) Canada has signed on to a joint statement by the leaders of seven countries calling on Iran to immediately cease all attempts to block the Strait of Hormuz to commercial shipping and expressing a readiness to contribute to efforts to reopen the Strait. The statement does not say how the countries might help, althoughRead more
Trump threatens to block opening of US-Canada bridge
The White House has demanded that Canada “share authority” and ownership of a new bridge connecting the two countries after a “clear and direct” call between Donald Trump and Prime Minister Mark Carney. The Gordie Howe International Bridge, connecting the Canadian province of Ontario to the US state of Michigan, will not open until Ottawa “treats the United States with the Fairness and Respect that we deserve”, Trump wrote on social media earlier. The bridge is funded by the Canadian government but will be publicly owned by both Canada andRead more
Winter storm buries Eastern Canada in snow. Frigid cold means it’s sticking around
A person is seen cross-country skiing on a Toronto street on Sunday. (Cole Burston/The Canadian Press) The record-breaking winter storm that pounded Ontario and Quebec with snow on Sunday night and Monday morning is moving east into Atlantic Canada, and bringing extreme cold with it. A large and strong low-pressure area brought a large snowstorm across much of southern Ontario on Sunday night, Environment Canada notes, creating significant impacts on transportation and leading to school closures across much of Toronto and the surrounding areas. Toronto Pearson Airport recorded 46 centimetresRead more
Trump claims CUSMA is ‘irrelevant’, but says Canada ‘wants it’
U.S. President Donald Trump on Tuesday said the Canada-U.S.-Mexico Agreement — the trade pact also known as CUSMA — is not relevant for the U.S., but Canada wants it, as he pushed for companies to bring manufacturing back to American soil. “There’s no real advantage to it — it’s irrelevant,” Trump said. “Canada would love it. Canada wants it. They need it.” The Detroit Three automakers are heavily reliant on supply chains that include significant parts production in Mexico and Canada, and all three produce hundreds of thousands of vehiclesRead more
Canada ‘continues to monitor’ U.S. boat strikes in Caribbean as questions swirl and allies squirm
Video released by the Pentagon shows the moment a suspected drug boat was struck in the Caribbean on Sept. 2. (U.S. Department of War) The federal government says it is keeping a close eye on lethal strikes by American forces on suspected drug boats in the Caribbean, while continuing with operations in the region. Canada has conducted Operation Caribbe — an anti-drug trafficking mission in partnership with the United States Coast Guard — since 2006. The Department of National Defence says that mission has nothing to do with the deadlyRead more
Anand says Canada taking public safety seriously as it pursues trade deal with India
Foreign Affairs Minister Anita Anand says Canada must change its foreign policy focus. (Nick Iwanyshyn/The Canadian Press) Foreign Affairs Minister Anita Anand says Canada continues to take public safety, transnational repression and foreign interference seriously as it negotiates a trade agreement with India — a country Ottawa once iced out over allegations it was involved in the killing of a Sikh activist on Canadian soil. “It is extremely important to take these types of issues very seriously, and we do,” Anand told CBC’s Power & Politics on Monday. “And that’sRead more
Canada joins world leaders saying Trump’s plan to end war in Ukraine needs ‘additional work’
Prime Minister Mark Carney takes part in the G20 summit in Johannesburg, South Africa, on Saturday. (Sean Kilpatrick/The Canadian Press) Prime Minister Mark Carney, along with more than a dozen world leaders meeting in South Africa, issued a joint statement on Saturday saying U.S. President Donald Trump’s plan to end the war in Ukraine “will require additional work.” The leaders met on the edges of the G20 summit in Johannesburg to talk about Ukraine after President Volodymyr Zelenskyy warned that his country is facing “one of the most difficult momentsRead more
Why did Donald Trump really scrap trade talks with Canada?
U.S. President Donald Trump points to a reporter to ask a question in the Oval Office of the White House on Wednesday. He’s blaming an Ontario government ad for his decision to stop trade talks, but that doesn’t seem to be the only reason. (Alex Brandon/The Associated Press) Donald Trump’s initial public reaction to Ontario’s anti-tariffs TV ad gave absolutely no indication that it had triggered him so much that he would later kick the legs out from under the negotiating table. The U.S. president first saw the ad onRead more
There could be ‘mutual interest’ in Canada building its submarines, says German armament secretary
Prime Minister Mark Carney visited the ThyssenKrupp Marine Systems submarine facility in Kiel, Germany, in August. The company is one of two the federal government is considering for the construction of 12 subs. (Christinne Muschi/The Canadian Press) There’s nothing stopping Canada from building half — maybe more — of the dozen submarines it intends to buy for the navy, Germany’s armament state secretary tells CBC News. Jens Plötner says the decision would be up to the Canadian government, but the notion is within the realm of industrial possibility — and givenRead more