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PM says negotiations continue as Trump says he's ending trade talks over digital tax

PM says negotiations continue as Trump says he's ending trade talks over digital tax

OTTAWA — Prime Minister Mark Carney says he did not speak Friday with Donald Trump before the U.S. president announced a sudden end to trade negotiations in response to Ottawa's plans to push ahead with a digital services tax at the end of the month.
Alberta, Saskatchewan to lead GDP growth in 2025

Alberta, Saskatchewan to lead GDP growth in 2025

Population growth offsets global trade risks
Steady May inflation figures don't make the case for rate cuts: economists

Steady May inflation figures don't make the case for rate cuts: economists

OTTAWA — May inflation figures showed marginal improvements in some of the Bank of Canada's closely watched price figures — a step in the right direction, some economists say, but likely not enough to convince the central bank to cut interest rates.
Canada's next national census set for May 2026

Canada's next national census set for May 2026

OTTAWA — The next Canadian census will be held in May 2026. The federal cabinet has issued an order fixing the date for the census and the questions it will ask. The last census was held in 2021 and was the first to be held during a pandemic.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

Hudson's Bay is expected to be back in court Monday, when it will ask a judge to approve a $6-million deal to transfer three of its leases to B.C. mall owner Ruby Liu.
Bank of Canada hoping for better look at 'complicated' inflation picture

Bank of Canada hoping for better look at 'complicated' inflation picture

Financial data shows the consensus among economists is that inflation ticked up to 1.8 per cent year-over-year last month.
Liberals, Conservatives pass major projects legislation in House of Commons

Liberals, Conservatives pass major projects legislation in House of Commons

OTTAWA — Conservative members of Parliament voted with the minority Liberal government to pass its marquee major projects legislation Friday evening, setting it up to become law before Canada Day.
Federal power to sidestep Indian Act removed from major projects bill

Federal power to sidestep Indian Act removed from major projects bill

OTTAWA — The federal government's major projects legislation was amended by opposition parties on Wednesday to withdraw the power the bill gave cabinet to sidestep the Indian Act, following weeks of criticism from First Nations leaders.
Home construction must double over next decade to restore 2019 affordability: CMHC

Home construction must double over next decade to restore 2019 affordability: CMHC

Canada Mortgage and Housing Corp. says up to 4.8 million new homes will need to be built over the next decade to restore affordability levels last seen in 2019 based on projected demand.
Budget officer says he expects ramped-up defence spending to deepen deficit

Budget officer says he expects ramped-up defence spending to deepen deficit

OTTAWA — The parliamentary budget officer said Thursday he expects the federal government's deficit will balloon this year thanks to ramped-up defence spending — but without a spring budget or more clarity from Ottawa, he can't say for sure.