Jun 7 2019 — Theophilos Argitis — Bloomberg — Four months before an election, Canadians remain split on whether they see Prime Minister Justin Trudeau or his main rival, Andrew Scheer, as the best manager of the nation’s economy. Asked which leader they trusted to support growth, 30 per cent of Canadians picked Trudeau and 29 per cent chose Scheer, according to a survey […]
May 13 2019 — Theophilos Argitis — Bloomberg — Bank of Canada Governor Stephen Poloz enters the final year of his term next month, and the guessing game on who could succeed him is underway. While Poloz hasn’t officially announced whether he wants to stay, no Canadian central bank governor has been given a second mandate since the early 1980s. Early front-runners include the […]
May 7 2019 — Josh Wingrove — Bloomberg — The Canadian government is likely to proceed with expansion of the Trans Mountain oil pipeline when it announces its decision next month, officials familiar with the matter say. The government has made no secret about its interest in finding a way to expand the conduit, but has tiptoed around the matter to avoid opening any […]
May 6 2019 — Josh Wingrove — Bloomberg — Five months from an election, Canadian voters remain undecided on who they think would best grow the economy — the latest signal of a wide-open race. Prime Minister Justin Trudeau and Conservative Leader Andrew Scheer are neck-and-neck as the top choices to best manage the country’s growth. But fully half the country favors neither of […]
Apr 7 2019 — Josh Wingrove — Bloomberg — Justin Trudeau is trying to move on after the most bruising two months of his time in office — but the damage may already be done. Resignations have been piling up for the Canadian prime minister amid a scandal over whether he and his staff pressured the former attorney general to intervene in a legal […]
Mar 29 2019 — Josh Wingrove — Bloomberg — Canada is being urged to launch a World Trade Organization challenge against China over an escalating canola feud between the two countries. China has halted imports of canola — a crop used in cooking and livestock feed — from some Canadian firms. While the Asian country is citing pest and quarantine concerns, the move is […]
Mar 21 2019 — Theophilos Argitis — Bloomberg — Canada just recorded its biggest influx of immigrants in more than a century. The country added 71,131 immigrants in the final three months of 2018, for a full year increase of 321,065, according to the latest estimates released Thursday by Statistics Canada in Ottawa. The annual increase is the largest since 1913 — when 401,000 […]
Mar 18 2019 — Theophilos Argitis — Bloomberg — Prime Minister Justin Trudeau delivers his fourth and final budget this week before Canada’s next election. The fiscal plan, to be unveiled Tuesday in the Ottawa legislature by Finance Minister Bill Morneau, comes with the economy in a soft patch, concerns building over the country’s competitiveness and the Liberal government trailing in opinion polls.
Mar 14 2019 — Bloomberg — Canada is in danger of losing its global dominance in mining, despite recent government initiatives to improve competitiveness, according to a report from an industry association. The report, by the Mining Association of Canada, comes as debate about the hollowing out of the country’s mining sector grows. Mega-mergers by Canada’s two largest gold companies, Barrick […]
Mar 11 2019 — Bloomberg — Deutsche Bank AG and Commerzbank AG are edging closer to a merger as Germany’s largest listed lenders run out of time to show they can grow as standalone companies.
Mar 6 2019 — Bloomberg — Prime Minister Justin Trudeau’s government is signaling it could soon announce funding for a pharmacare program, as it looks to help reduce the billions paid out-of-pocket for prescription drugs. Health Minister Ginette Petitpas Taylor and Finance Minister Bill Morneau spoke Wednesday in Toronto after a government pharmacare advisory council delivered an interim report on a […]
Mar 4 2019 — Josh Wingrove — Bloomberg — The bad news just keeps coming for Canadian Prime Minister Justin Trudeau. Confidence among consumers remains sluggish — well below the 12-month average on widespread expectations the economy will stagnate or weaken, telephone polling shows. Canadians are more confident in their job security than they have been in years, but that hasn’t extended into better […]
Feb 27 2019 — Stephen Wicary — Bloomberg — Donald Trump’s administration regularly denounces Nicolas Maduro as an autocratic Cuban puppet and may hit the Caribbean island with new sanctions over its support for the Venezuelan leader. The U.S. president is expected to decide soon whether to activate a controversial section of American law toward Cuba for the first time ever, with other measures […]
Feb 13 2019 — Josh Wingrove — Bloomberg — Justin Trudeau’s top rival in Canada’s October general election is, technically, Andrew Scheer, a pro-Brexit Conservative Party leader running a campaign of suburban values and smaller government in an attempt to hold the prime minister to one term. But lately, Scheer’s had help in weakening Trudeau’s brand—from Trudeau himself.
Jan 22 2019 — Bloomberg — The U.S. Supreme Court cleared President Donald Trump’s administration to start barring most transgender people from serving in the armed forces, Bloomberg News reports. The justices, voting 5-4, put on hold lower court decisions that had blocked the administration’s planned ban from taking effect. Justices Ruth Bader Ginsburg, Stephen Breyer, Sonia Sotomayor and Elena Kagan […]