Canada, Carney
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OTTAWA, Feb 6 (Reuters) - Canada unexpectedly lost 24,800 jobs in January but the unemployment rate dipped to a 16-month low of 6.5% as fewer people looked for work, Statistics Canada indicated on Friday.
Canada is reevaluating its planned purchase of U.S. F-35 fighter jets over the escalating trade tensions between Washington and Ottawa in what has become a flash point in bilateral relations between the two allies.
The president said he would restrict the use of Canadian-built aircraft and impose a 50 percent tariff on them until the dispute was resolved.
By Maria Cheng OTTAWA, Feb 5 (Reuters) - Canadian Prime Minister Mark Carney has earned global admiration for openly declaring the end of a global order based on rules, but he has had far less success addressing a growing and more quotidian concern at home: the rising cost of food.
The move could escalate tension between Ottawa and the automakers, who have scaled back production in the country.
Canada’s gross domestic product likely shrunk in the fourth quarter, highlighting choppy performance as the trade-dependent economy adjusts to US tariffs.
Canada announced Friday it was dropping most of its counter-tariffs of 25% on U.S. goods. The tariffs on U.S. autos, steel and aluminum will remain in place for now. The move comes as the U.S.-Mexico-Canada agreement is scheduled for a review in the next ...
"We're moving quickly," Farrah Storr, head of international at Substack, tells THR after hiring Mark Swierszcz as its new Canadian head of partnerships, with more country hires in the works worldwide.
Canadian-born pop singer Tate McRae appeared in an NBC ad for the Milan Cortina Olympics, in which she expressed support for Team USA. McRae was born in Calgary, Alberta, in 2003 and attended high school in the country.