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Chrystia Freeland says Canada should target Elon Musk's Tesla in a tariff fight

Chrystia Freeland says Canada should target Elon Musk's Tesla in a tariff fight

OTTAWA — Liberal leadership candidate Chrystia Freeland is calling on Ottawa to target Tesla vehicles and U.S.
Ottawa defers effective date of capital gains changes to 2026

Ottawa defers effective date of capital gains changes to 2026

The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year. The deferral moves back the implementation of the change from June 25, 2024 to January 1, 2026.
Carney vows to kill consumer carbon pricing, shift to green incentives

Carney vows to kill consumer carbon pricing, shift to green incentives

OTTAWA — Liberal leadership contender Mark Carney is backing away from Prime Minister Justin Trudeau's consumer carbon pricing regime but will keep industrial pricing in place.
Trudeau says Canada 'ready' for Trump tariffs as ministers make final push in D.C.

Trudeau says Canada 'ready' for Trump tariffs as ministers make final push in D.C.

WASHINGTON — Prime Minister Justin Trudeau says Canada is ready to deliver a "purposeful, forceful but reasonable immediate" response if U.S. President Donald Trump imposes tariffs on Canadian imports.
Crombie unveils plan to address safety concerns on Toronto transit system

Crombie unveils plan to address safety concerns on Toronto transit system

Ontario Liberal Leader Bonnie Crombie is pledging to install platform barriers at all Toronto subway stations, increase crisis intervention teams and hire more constables for transit services across the province.
Statistics Canada reports economy contracted 0.2 per cent in November

Statistics Canada reports economy contracted 0.2 per cent in November

OTTAWA — Statistics Canada says real gross domestic product decreased 0.2 per cent in November, the largest monthly contraction since December 2023. However, the agency said Friday its preliminary estimate for December pointed to an increase of 0.
Jaime Battiste drops out of running for Liberal leadership

Jaime Battiste drops out of running for Liberal leadership

OTTAWA — Nova Scotia Liberal MP Jaime Battiste says he is dropping out of the Liberal party leadership race and backing former central banker Mark Carney.
Health minister calls on NDP to give Liberals more time to sign pharmacare deals

Health minister calls on NDP to give Liberals more time to sign pharmacare deals

OTTAWA — Health Minister Mark Holland is calling on the federal NDP to give the Liberal government more time in power to sign bilateral deals on pharmacare. "I would put it back to (NDP Leader) Jagmeet Singh ...
In the news today: Ministers make pitch to avert Trump tariffs

In the news today: Ministers make pitch to avert Trump tariffs

Here is a roundup of stories from The Canadian Press designed to bring you up to speed... Ministers make pitch to avert Trump tariffs A trio of federal cabinet ministers is in Washington today making a last-ditch attempt to stop U.S.
International study permit data an 'earthquake' for Canadian university finances

International study permit data an 'earthquake' for Canadian university finances

A dramatic decline in international study permits issued last year is quickly becoming an existential threat to the finances of Canadian post-secondary schools, say organizations representing the institutions.