Mathieu Dion

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'Wake Up': Bank CEO Urges Carney to Fight US With Radical Tax Cuts

'Wake Up': Bank CEO Urges Carney to Fight US With Radical Tax Cuts

National Bank of Canada’s top executive called on Prime Minister Mark Carney to consider bold tax cuts and deregulation for strategic sectors to boost the country’s productivity and competitiveness. Article content “We need to have lower taxes than the US for businesses,” Chief Executive Officer Laurent Ferreira said at the Canada Fintech Forum in Montreal on Monday evening. The government...

After ICE Raids, Canada Sees Surge in Migrants Crossing Border Through New York

After ICE Raids, Canada Sees Surge in Migrants Crossing Border Through New York

Canada is seeing a sharp increase in asylum-seekers entering through a border crossing between New York and the province of Quebec, as President Donald Trump’s policies drive away migrants and even some US citizens. Canadian officials have received more than 5,500 asylum claims since the beginning of July at the Saint-Bernard-de-Lacolle border crossing, south of Montreal. That’s a 263% increase...

Canada's finance minister sees path to avoid baseline U.S. tariff

Canada's finance minister sees path to avoid baseline U.S. tariff

Canada’s finance minister said the country can negotiate a better trade deal with the Trump administration than other nations have received, pushing back on the idea that it may have to settle for a new baseline tariff on all exports to the United States. “We buy more from the U.S. than China, Japan, the U.K. and France combined, so we’re...

Canada Firms Flock to Government Program to Avoid Layoffs Amid Tariffs

Canada Firms Flock to Government Program to Avoid Layoffs Amid Tariffs

A Canadian government program that aims to minimize layoffs by providing benefits to workers who agree to work fewer hours has seen its uptake double in about half a year. Article content As of June 8, there were 799 so-called work-sharing agreements with employers in Canada, up from 399 in November, according to government data shared with Bloomberg News.

Trudeau's Cabinet Lines Up Behind Carney as Ex-Banker Brushes Up on French

Trudeau's Cabinet Lines Up Behind Carney as Ex-Banker Brushes Up on French

The senior ranks of Prime Minister Justin Trudeau’s cabinet have made their choice on who they believe should replace him as Canada’s prime minister — and they’re throwing their weight behind Mark Carney.

Trudeau to Face More Pressure to Leave After Montreal Defeat

Trudeau to Face More Pressure to Leave After Montreal Defeat

Canadian Prime Minister Justin Trudeau suffered a big political setback as his Liberal Party lost a special election in a Montreal district that until recently had been considered safe ground for him. The defeat will raise the pressure on the 52-year-old leader to step aside before the next election, which is scheduled for October 2025 but may happen earlier than that.