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OTTAWA (Reuters) -Canadian Prime Minister Justin Trudeau is increasingly likely to announce he intends to step down, though he has not made a final decision, a source familiar with Trudeau's ...
Canada's ruling Liberal Party is looking for a new leader to replace Prime Minister Justin Trudeau, who announced on Monday he intended to step down. Finance Minister Dominic LeBlanc said on ...
President Donald Trump slapped tariffs on goods coming into the United States from Canada, Mexico and China, raising the risk of a trade war with America's closest trading partners. T rump said he ...
Canada News Headlines Ontario leader calls for snap election to fight Trump’s threatened tariffs The leader of Ontario, Canada’s most populous province, has kicked off his provincial election campaign, saying he needs a strong mandate to fight the tariffs threatened by U.S. President Donald Trump
The Government of Canada (French: Gouvernement du Canada) is the body responsible for the federal administration of Canada.The term Government of Canada refers specifically to the executive, which includes ministers of the Crown (together in the Cabinet) and the federal civil service (whom the Cabinet direct); it is alternatively known as His Majesty's Government (French: Gouvernement de Sa ...
October 23 – The Bank of Canada lowers the key interest rate to 3.75%, a drop of 0.5%. This was after inflation fell to 2%, with the Bank of Canada wanting to increase demand. [108] October 28 – The 2024 Saskatchewan general election is held. The Saskatchewan Party wins a fifth consecutive majority government. [109]
In addition, the federal government posted ten consecutive deficits since it took office, with projections showing a $39.8 billion deficit for 2024–25. Federal debt nearly doubled from 2014–15 to 2024–25, approaching $2.1 trillion, with forecasts suggesting an additional $400.1 billion increase by March 2029 due to projected deficits in ...
The politics of Canada functions within a framework of parliamentary democracy and a federal system of parliamentary government with strong democratic traditions. [1] Canada is a constitutional monarchy where the monarch is the ceremonial head of state.