23 h. ago Oil Traders Doubt OPEC+ Will Cut Supply in 2026 Despite Surplus

Oil traders are not counting on OPEC+ to cut production next year, despite forecasts that a global supply surplus could send prices even lower.

Economics

34 h. ago Carney Searches for Votes to Pass Budget and Avoid Snap Election

Prime Minister Mark Carney’s government faces a decisive moment on Monday when Canada’s House of Commons votes on a proposed budget that would increase borrowing to spend on the military and infrastructure.

Politics

3 d. ago Canada Budget Watchdog Doubts Carney Can Fulfill Deficit Promise

Canada’s budget watchdog is skeptical Prime Minister Mark Carney’s government will fulfill one of its key fiscal pledges.

Transport

4 d. ago Lorne Gunter: Smith sticks to ‘sensitive negotiations’ with Carney on major projects

I don’t know what Prime Minister Mark Carney is telling Premier Danielle Smith about pipelines, but it must be damned convincing. On Thursday at Terrace, B.C., near Prince Rupert, Carney announced another five “nation-building” projects his government will fast-track. And just like with the first five, there is no pipeline and no major project in […]

Politics

4 d. ago Carney bets on more critical minerals mining, electricity and liquified natural gas in latest batch of major projects

Carney announced that his government had selected three more critical mining projects across Ontario, Quebec, and New Brunswick

Politics

4 d. ago Carney bets on more critical minerals mining, electricity and liquefied natural gas in latest batch of major projects

Carney announced that his government had selected three more critical mining projects across Ontario, Quebec, and New Brunswick

Politics

1 week ago Carney says new pipeline project ‘going to happen’ while promoting budget

During an armchair talk at the Canadian Club Toronto, Carney told the audience not to worry because his government is on top of "the pipeline stuff."

Transport

1 week ago Carney government will face 2nd crucial confidence vote on budget

This comes after the NDP, the Bloc Québécois and Green Party Leader Elizabeth May voted with the minority Liberals to defeat a Conservative sub-amendment on Thursday.

Politics

1 week ago OPINION: Mark Carney aiming to repeat Justin Trudeau’s biggest mistakes

On Nov. 4, Prime Minister Mark Carney’s government tabled its first budget since taking office in the spring. Despite the new face at the helm, Carney’s budget unfortunately relies on the same failed economic strategy the Justin Trudeau government pursued for a decade. For starters, Carney’s economic plan calls for more government involvement in the […]

Politics

1 week ago Carney government to face crucial confidence votes Thursday, Friday

The House of Commons is set to vote Thursday on a Conservative subamendment to the budget, followed by a Bloc Quebecois amendment vote on Friday.

Politics

1 week ago Transition Industries and Mitsubishi Gas Chemical Sign Agreement for the Purchase and Sale of Ultra

TOKYO — Transition Industries LLC, a developer of world-scale, net-zero carbon emissions methanol and hydrogen projects, signed a long-term methanol sales and purchase agreement with Mitsubishi Gas Chemical Company, Inc. (MGC) for the offtake of ultra-low carbon methanol. “By ensuring a stable supply of ultra-low carbon methanol, we will contribute to reducing greenhouse gas emissions […]

Other

1 week ago Oil Holds Drop as Saudis Cut Asian Prices, US Inventories Climb

Oil steadied after a two-day decline, as traders weighed price cuts from key producer Saudi Arabia and the biggest jump in US stockpiles since July.

Economics

1 week ago After warning about austerity measures, Carney delivers a ‘spending’ budget

Carney warned his government would turn back the annual spending increases of the Trudeau years. Tuesday’s budget, however, seemed to sing a different tune

Transport

1 week ago Bank of Canada planning to axe over 200 jobs as Carney trims government spending

The number of people working at the bank has surged in recent years up from approximately 1,800 in 2019 to 2,350 people at the end of 2023

Politics

1 week ago COMMENTARY: The 2025 Budget bets big on productivity but only time will tell if it works

The Carney government is addressing the challenge in a meaningful way with measures that will cost $110 billion over five years, but will presumably pay off far more than that.

Other

1 week ago Carney government open to cutting oil and gas emissions cap — but how serious is it?

The premier’s office said in a statement the government is now in “sensitive negotiations” with Ottawa and hopes to have a completed memorandum of understanding by mid-November. 

Politics

1 week ago Canada budget 2025 reveals Carney government mulling privatizing airports

The idea — first floated nearly a decade ago — could be worth billions of dollars

Politics

1 week ago Varcoe: 'All working toward a Grey Cup target' — Alberta premier hopes for deal soon with feds on major energy projects

Smith says her government is working to reach an understanding with the Carney government to make progress on key energy issues

Politics

1 week ago Federal government slashes temporary immigration, freezes permanent resident intake

The government originally planned to cap foreign student visas at 305,000 over the next two years but Carney’s government will slash that in half by next year

Politics

1 week ago Ford says trade negotiation ‘falls on’ federal government after commercial controversy

Doug Ford appears to be falling in line behind Mark Carney as the federal government asserts its authority over high-stakes trade talks with the Trump administration. 

Politics