Canada
Trump offers Canada no reprieve from 25% tariff threat
With just hours to go, U.S. President Donald Trump is not backing off his threat to slap crippling 25 per cent tariffs on Canada and Mexico, and 10 per cent tariffs on China. As Jackson Proskow reports, trump remains unapologetic about his America First strategy. Meanwhile, with U.S. tariffs set to take effect, Canada faces serious economic consequences. However, Prime Minister Justin Trudeau is standing firm, vowing that Canada will respond to the trade measures. Mackenzie Gray reports on Canada's next move in the escalating trade dispute.
Carney proposes alternative to ‘divisive’ carbon price. How would it work?
Most Liberal leadership candidates are vowing to end or at least freeze the existing carbon price charged on fossil fuel purchases.
Ottawa pushes back proposed capital gains tax changes to 2026
Finance Minister Dominic LeBlanc says the Liberals will not implement a planned hike to the capital gains inclusion rate until Jan. 1, 2026, pushing back the original date.
What ex-security officials think of Pierre Poilievre’s top secret security stance
Conservative Leader Pierre Poilievre argues that accepting classified intelligence would stop him from holding the Liberal government to account.
The Provinces
Ontario election: PCs show biggest lead since ‘turn of the century,’ Ipsos poll finds
The survey, conducted exclusively for Global News, suggests if the election were held tomorrow the PCs would form a third majority government.
Elliot Lake man selected as NDP candidate for Algoma-Manitoulin
The Algoma Manitoulin NDP Riding Association has selected David Timeriski of Elliot as their candidate for the riding. David Timeriski is a resident of Northern Ontario, currently living in Elliot Lake. A race to watch as the incumbent here is Michael Mantha, who was the NDP MPP for the riding ever since 2011 when he defeated a long-serving Liberal, Mike Brown. But in the spring of 2023, NDP leader Marit Stiles removed Mantha from caucus for a workplace misconduct issue. Mantha has been sitting as independent ever since and is running as Independent. In 2022, the PCs finished 2nd here with a substantial share of the vote -- 35.5 per cent -- and if Mantha's candidacy splits the NDP vote, the PC candidate, Bill Rosenberg, could win the seat. The PCs have not won here in a while: PC John Lane held the riding from 1971 until his retirement before the 1987 general election.
Elsewhere
Trump says there's nothing Canada can do to stop tariffs from taking effect
U.S. President Donald Trump said Friday there is nothing Canada could do to prevent a sweeping 25 per cent tariff from taking effect on Feb. 1. Trump claimed his threat to introduce a tariff on goods from Canada, Mexico and China was not a negotiating tactic but was necessary to boost the U.S. economy. Asked if there was a possible “concession” Canada could make, he said his administration is “not looking for a concession.” “We’ll just see what happens,” he said. Asked about Canadian energy imports, the president suggested he would reduce the tariff on Canadian crude imports to 10 per cent.
Trump China tariffs: Manufacturers prepare for higher costs
Some business owners who spoke to CNBC said they are considering moving manufacturing to different countries, passing on higher costs to U.S. consumers or leaving the U.S. market altogether.
Trump tariffs to stoke US food inflation despite pledge to lower costs
U.S. consumers grappling with soaring prices for beef and eggs will face even higher costs for meat, vegetables and fruit if President Donald Trump imposes tariffs on Canadian and Mexican imports, economists and food industry executives said.
John Thune is caught in the crossfire of Trump’s trade war
Thune knows the stakes all too well: Retaliatory tariffs during Trump’s 2018 trade war with China crippled South Dakota’s agriculture-dependent economy — which relies on the billions of dollars worth of soybeans, corn, beef and other agricultural products it exports abroad every year, plus more in manufactured goods. Farmers there are still reeling from their losses, and a standoff with Mexico and Canada — which are now American farmers’ two largest export markets — would be devastating. U.S. agricultural exports to Mexico are expected to reach $29.9 billion this fiscal year and a record-high $29.2 billion to Canada, with China further behind, according to the Agriculture Department.
Media
Indigenous newspapers facing peril, Inuvik Drum closing doors
The shuttering of operations of Inuvik Drum comes just weeks after Indigenous Time closed in Akwesasne, a staple since 1983.
Science and tech
Newly spotted asteroid has a tiny chance of hitting Earth in 2032
A newly discovered asteroid has a tiny chance of striking Earth in 2032. NASA and the European Space Agency said Wednesday the chance of impact is slightly more than 1%.
International regulators probe how DeepSeek is using data. Is the app safe to use?
The Chinese artificial intelligence company astonished the world last weekend by rivaling the hit chatbot ChatGPT, seemingly at a fraction of the cost. But now, regulators and privacy advocates are raising new questions about the safety of users' data. If the US and Canada doesn't want you to use TikTok, hard to see how they think using DeepSeek is a good idea!
The Calendar
- 1030 ET: La Malbaie, QC - BQ Leader Yves-François Blanchet and BQ MPs Caroline Desbiens, Mario Simard, Martin Champoux, and Julie Vignola meet with officials at the Charlevoix Observatory
- 1145 ET: La Malbaie, QC - BQ Leader Yves-François Blanchet and BQ MPs Caroline Desbiens, Mario Simard, Martin Champoux, and Julie Vignola meet with local mayors.
- 1315 ET: La Malbaie, QC - BQ Leader Yves-François Blanchet and BQ MPs Caroline Desbiens, Mario Simard, Martin Champoux, and Julie Vignola meet with the chamber of commerce.
