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The Globe and Mail offers the most authoritative news in Canada, featuring national and international news
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Letters to the editor: ‘It is remarkable how many of our seemingly unrelated, serious problems can be addressed by eliminating Old Age Security payments to those greedy, wealthy seniors.’ Letters to the editor for Sept. 13
2+ hour, 16+ min ago (976+ words) The Peace Tower is seen on Parliament Hill in Ottawa, in August.PATRICK DOYLE/The Canadian Press Re “A more dangerous world requires smarter retirement spending“ (Report on Business, Sept. 5): It is remarkable how many of our seemingly unrelated, serious…...
Quebec party leaders talk transport, health care on campaign trail as first debate looms
11+ hour, 47+ min ago (523+ words) Quebec Solidaire co-spokesperson Ruba Ghazal makes a giant bubble during an election campaign stop at a back to school festival in Montreal, on Sept. 12.Graham Hughes/The Canadian Press Promises on transport, public safety and health care filled the air…...
Ottawa awards first drone contracts worth up to $50-million through new marketplace
1+ day, 9+ hour ago (1089+ words) Prime Minister Mark Carney and Ukraine's President Volodymyr Zelensky visit the Southern Alberta Institute of Technology in Calgary on Thursday.Ahmed Zakot/Reuters Ottawa has awarded the first contracts worth up to $50-million to Canadian companies through its new drone…...
Alberta mulls creating Crown corporation to boost natural gas pipeline development, lure AI data centres
1+ day, 10+ hour ago (991+ words) TC Energy headquarters. A cabinet briefing document outlines a plan to provide natural gas producers with 'several viable alternatives' to the NGTL conduit, which the Calgary company owns and operates.Todd Korol/The Canadian Press The Alberta government is considering…...
Fixed mortgage rates set to jump as bond yields surge
2+ day, 11+ hour ago (432+ words) A surge in bond yields on Thursday is threatening to deliver notably higher fixed mortgage rates in the coming days. Joe Jacobs, a Calgary-based mortgage broker, said fixed mortgage rates are currently sitting at the low 4-per-cent range, but they…...
Carney to headline Liberal fundraiser on eve of investment summit
2+ day, 10+ hour ago (644+ words) Prime Minister Mark Carney attends a news conference in Banff, Alta., on Thursday.Todd Korol/Reuters Prime Minister Mark Carney is hosting a fundraiser for the Liberal Party on the eve of a marquee summit where he’ll be courting billions…...
Global economy shudders on oil spike, bond selloff
2+ day, 10+ hour ago (1021+ words) The national average gas price in Canada was $1.78 a litre on Thursday, up from $1.63 a month ago.Christopher Katsarov/The Canadian Press The rise in oil prices accelerated Thursday, rattling global markets and pushing borrowing costs to new multiyear highs…...
Poilievre visits New York to pitch closer Canada-U.S. ties
2+ day, 14+ hour ago (563+ words) Conservative Leader Pierre Poilievre speaks to workers at Cavalier Tool and Manufacturing Ltd., in Windsor, Ont., on Aug. 24.Dax Melmer/The Canadian Press Conservative Leader Pierre Poilievre told an American TV audience Thursday that Canadians are united in their mission…...
Trump supporters echo anti-Canada rhetoric at GOP convention
2+ day, 15+ hour ago (715+ words) Lona Heins from Tennessee said Canada is now “communist” and no longer shares the same values as the United States. “It’s contentious. I think Canada is socialist. It’s much, much more socialist,” she said. “And I’m not even going to…...
U.S. yields climb as inflation, oil rally amp up rate-hike bets
2+ day, 18+ hour ago (503+ words) U.S. Treasury yields climbed on Thursday after the latest inflation reading pushed up expectations for a Federal Reserve interest rate hike next week while rallying oil prices also prompted inflation worries. Yields on 10-year Treasury notes were trading at their highest…...