Desperate for a chance at a new beginning, newcomers are paying tens of thousands of dollars for mainly low-level jobs

Canada is on the verge of an agreement with Honda Motor Co. that would see the Japanese firm build electric vehicles and their components in the province of Ontario, according to people familiar with...

Indian and Canadian intelligence officials have met multiple times to exchange information as more arrests come to light that may point to a previously unknown plot to kill a Sikh activist on North...

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Canada has done a detailed mapping of what it says are covert Chinese police operations within its borders and wants to explore a response with Group of Seven allies to a challenge faced by several...

What matters in Canadian finance and markets.

Canada’s corporate titans are helping the country’s Conservative Party build a financial war chest to oust Prime Minister Justin Trudeau, as frustration grows among business leaders about the...

Electricity prices in Alberta in July more than doubled from a year earlier, climbing to a record high and diverging the most ever from the Canadian average in data stretching back four decades.

Canada’s current immigration policy — among the most open in the world — is now causing economic damage and needs to be reconsidered, according the country’s top economists

Canada’s finance minister said she’ll hold talks next week with business and labor groups about erecting trade barriers against Chinese-made vehicles — and suggested the government may even go beyond...

The United Nations needs a better way to run the annual COP summits, said the former US vice president.

Bank of Canada Governor Tiff Macklem said monetary policy can’t solve housing shortages that are driving up costs, suggesting that policymakers may consider looking beyond shelter inflation as they...

A law that props up the news industry has turned Canada into the latest battleground for global tech giants that are pushing back against governments trying to curb their dominance.

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It’s getting harder for young Canadians to find a job. A post-pandemic influx of cheap foreign workers in restaurants and retail stores may be making it tougher.

Prime Minister Justin Trudeau’s government is mulling a change to help crack down on abuses of temporary foreign workers — publicly naming individual business managers or owners who violate Canada’s...

The aggressive pace of interest-rate hikes is hitting mortgage books at Canada’s biggest banks, leading to slowing loan growth, longer amortization periods and a rise in impairments.

Canada’s population growth accelerated to 3.2% over the past year, one of the fastest rates in the world, largely due to a sharp rise in temporary foreign workers and international students.

The Bank of Canada is likely to increase interest rates for a second consecutive meeting, bringing borrowing costs to a level not seen in 22 years.

Prime Minister Justin Trudeau says Canada will hit NATO’s requirement to spend 2% of gross domestic product on defense, even as he described the target as a “crass” metric that doesn’t adequately...

Statistics Canada said it will end the practice of giving news media an early look at some economic data on July 1.

Canada has approved Glencore Plc’s $6.9-billion acquisition of Teck Resources Ltd.’s metallurgical coal business, while the latter announced a $2 billion share buyback and pledged to boost copper...

Record-breaking wildfires in Canada, which have already scorched an area larger than Greece, are heading toward key population centers, forcing tens of thousands to evacuate.

Canadian banks and regulators should take a hard look at mortgages that have allowed some households to run up large amounts of long-term debt as interest rates rose, the Bank of Canada’s no. 2...

Canada will soon share with its allies a “credible, verifiable plan” to boost its military and defense spending by billions of dollars to meet NATO targets, Defense Minister Bill Blair said.

Automaker Stellantis NV said it will begin implementing “contingency plans” with its South Korean partner for electric vehicle battery production as they negotiate with Canada for more financial aid...

Canadians are feeling gloomy about their personal finances — and Generation Z is the gloomiest of all.

Most Canadians are prepared to see home values fall, according to a new poll, suggesting some homeowners are willing to give up a bit of their own wealth to improve affordability for others.

Nearly two years after Canada moved to restrict foreign investment in the country’s mining sector, minerals explorers and developers are testing the limits of those rules.

Temporary residents and recent immigrants are driving up Canada’s unemployment rate, as record numbers of newcomers welcomed to the country to fill labor shortages are now struggling to find work.

Canadian Prime Minister Justin Trudeau accused India’s government of masterminding the assassination of a prominent Sikh leader, an explosive allegation that threatens to alter perceptions of the...

Canada is preparing a long-awaited Arctic strategy to respond to the growing threat posed by Russia and to strengthen security ties with northern NATO members.

Prime Minister Justin Trudeau’s government will make 30-year mortgages available to all first-time buyers and to buyers of newly built homes as the embattled leader tries to win back the approval of...

Finance Minister Chrystia Freeland’s upcoming budget is likely to put significant money toward boosting Canada’s housing supply, according to people familiar with the plans, adding pressure on the...

Canadian Prime Minister Justin Trudeau heaped some of the blame for skyrocketing housing costs on high interest rates and inaction by other levels of government, signaling a more defensive tone on an...

British Columbia’s public pension manager has paused direct investments in China, the latest institutional investor to rethink its exposure to the world’s second-largest economy due to geopolitical...

Canadian Conservative leader Pierre Poilievre, who has charged ahead of the prime minister in the polls, seized upon rising grievances over the cost of living in a speech to a jubilant party Friday...

Junior bankers who were recently fired from Bank of Montreal’s metals and mining group used work-sharing platforms to circulate crude jokes and at least one obscene image, which were discovered...

Employment gains in the public sector more than offset losses among Canadian businesses last month, highlighting a labor market that has been propped up by government hiring.

Inflation in Canada is decelerating again, giving the Bank of Canada leeway to cut interest rates next week.

Prime Minister Justin Trudeau’s government won’t lower its immigration targets despite growing criticism that drastic population growth worsens existing housing shortages.

Canada’s immigration minister is taking steps to curb the country’s dependence on temporary foreign labor and international students, prompting pushback from business groups that say there aren’t...

The Bank of Canada is likely to wrap up its quantitative tightening program as early as April, sooner than policymakers had previously indicated, according to RBC Capital Markets strategists.

The Bank of Canada is likely to cut interest rates for a second straight meeting as it aims to steer clear of a recession while avoiding an inflation flare-up.

One of Canada’s largest business groups says Prime Minister Justin Trudeau’s government is unlikely to follow through on its latest pledge to control its budget shortfalls.

Canada plans to sell a stake in the Trans Mountain oil pipeline to individual indigenous communities through a special-purpose vehicle, allowing the government to balance competing groups’ requests...

Justin Trudeau has promised one of the largest government-led asset sales in Canadian history by divesting the Trans Mountain pipeline, a huge conduit that moves crude from the province of Alberta to...

The Bank of Canada is likely to leave interest rates unchanged and avoid signaling that cuts are imminent, as officials continue to assess the right moment to launch into easier monetary policy.

Alphabet Inc. said it will remove links to news from Canadian publishers on its Google search engine after Prime Minister Justin Trudeau’s government passed a law requiring digital platforms to pay...

Former Bank of Canada Governor Stephen Poloz says inflation is likely to cool faster than people are expecting, opening the door for lower interest rates.

Bank of Canada officials are increasingly worried that a weaker jobs market will delay a recovery in consumer spending, a concern that encouraged them to cut interest rates last month.

Canada’s job market is less robust than the country’s most closely watched employment indicator suggests.

Bank of Canada Governor Tiff Macklem said he expects to start cutting interest rates next year but needs to see several months of sustained downward momentum in core inflation first.

A third of guns used in Canadian crimes and then traced by authorities were legally imported from the US. That’s three times the global average.

China made some attempts to interfere in the last two Canadian elections but did not affect the overall result or undermine the integrity of the elections, a public inquiry concluded.

A post-Covid explosion in foreign students has resulted in housing shortages and flawed academic programs being taught in strip malls. The immigration minister is blunt: “People are being exploited.”

Canada’s mining industry is pushing for an carveout to the federal government’s proposed increase to capital gains taxes, warning the hike will make it harder for junior miners to raise money to find...

India and the UK have begun crunch-time talks to secure a landmark free-trade deal, as leaders on both sides seek to resolve outstanding issues before they face election battles next year.

The Bank of Canada is tracking wage growth as one of its key metrics to determine the appropriate timing for interest rate cuts. Early indicators suggest slower gains are ahead.

The medical use of psilocybin creates an opportunity for sellers and a challenge for police.

Canada, a country that’s relying heavily on immigration as an economic driver, is scaling back on its ambitions with a planned reduction in temporary residents after the influx exacerbated housing...

Bank of Canada Governor Tiff Macklem is so confident the central bank has crushed inflation that he’s tweaked its decision-making process — officials are now setting interest rates to prevent price...

Canada’s longest-running poll on immigration showed a sharp drop in public support for high numbers of newcomers as housing affordability and availability worsened.

The Bank of Canada has pivoted to easier monetary policy, but economists are split on how many more cuts to expect this year.

Prime Minister Justin Trudeau’s government and his provincial counterparts must be “laser-focused” on growing the productive capacity of Canada’s economy or risk falling further behind other nations,...

Households go backwards in 13 developed economies as record immigration runs into a housing crisis.

All six of Canada’s main commercial lenders now expect the Bank of Canada to raise interest rates next week after the country’s labor market tripled expectations in June.

Canadian government spending is growing faster than revenue while interest payments are continuing to climb, as Finance Minister Chrystia Freeland prepares to deliver her budget next month.

The western province that produces the bulk of Canada’s oil and gas is promising to defy new federal methane regulations, saying the “costly, dangerous and unconstitutional” measures may put lives at...

Prime Minister Justin Trudeau’s government must refocus spending on boosting investment instead of consumption to address Canada’s sluggish productivity growth, argues a new report co-written by...

The latest emissions projections data shows Canada is on track to achieve its interim climate target and is getting closer to achieving its 2030 climate goal.

Despite entrepreneurs’ hopes, the technical challenges and huge costs mean no one will be retrieving ore from the heavens anytime soon.

There’s mounting uncertainty about when and by how much Justin Trudeau’s government will be able to reduce the number of temporary residents in Canada, muddying a key input for fiscal and monetary...

The radioactive metal’s price is up 233%, revealing the speed at which the world is embracing nuclear power once again.

Canada’s labor market surged past expectations with the biggest job gains since September, but a rising unemployment rate and slowing wage growth still point to easing inflation pressures ahead.