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Former Rick Chiarelli staffers speak out at Bill 9 hearing in Ottawa

Former Rick Chiarelli staffers speak out at Bill 9 hearing in Ottawa

CTV News18 hours ago
Critics say an Ontario bill that would allow municipal councils to oust bad actors sets the bar too high to be effective. CTV's Natalie van Rooy reports.
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Upcoming Alberta byelection set to break record for most candidates on single ballot
Upcoming Alberta byelection set to break record for most candidates on single ballot

CBC

time17 minutes ago

  • CBC

Upcoming Alberta byelection set to break record for most candidates on single ballot

Next month's byelection in Alberta's Battle River-Crowfoot will break the record for the most candidates on a federal ballot in Canadian history. As of Friday, 102 candidates — mostly associated with a group of electoral reform advocates known as the Long Ballot Committee — have registered to run for the seat. The byelection was called after its recently re-elected MP, Damien Kurek, resigned to allow Conservative Leader Pierre Poilievre to run for a new seat in the House of Commons. Poilievre lost in his longtime riding of Carleton in April. The Longest Ballot Committee has been organizing dozens of candidates to run in byelections in recent years, resulting in metre-long ballots that have caused delays in vote counting and confounded some voters. The group wants to put a citizens' assembly in charge of electoral reform and says political parties are too reluctant to make the government more representative of the electorate. The previous record of 91 candidates occurred twice in the past year: during a byelection in LaSalle-Emard-Verdun last September and Carleton during the general election this past spring. The Longest Ballot Committee says it is aiming to sign up 200 candidates in Battle River-Crowfoot. The deadline to register as a candidate is July 28.

TSX Dips as End of Week Nears
TSX Dips as End of Week Nears

Globe and Mail

time20 minutes ago

  • Globe and Mail

TSX Dips as End of Week Nears

Canada's main stock index was subdued on Friday, with gains in utilities offsetting declines in industrials, as investors assessed domestic trade updates and data showing economic resilience. The TSX Composite Index slipped 46.15 points by noon Friday at 27,340.78. The Canadian dollar eked higher 0.12 cents at 72.91 cents U.S. Declines on the day were led by industrial shares falling, with Air Canada dropping 71 cents, or 3.3%, to $20.80. Canadian Pacific Kansas City retreated $4.18, or 3.8%, to $106.11, and Canadian National Railway dropped $4.49, or 3.2% to $135.51. On the flip side, utility stocks rose, boosted by Capital Power, up $1.20, or 2%, to $60.33, and Transalta Corp shares adding 44 cents, or 2.6%, to $17.07. Energy stocks climbed, with Headwater Exploration better by 21 cents, or 3.1%, to $7.10, and Baytex Energy rising eight cents, or 3%, to $2.71. Among individual stocks, Transalta Corp rose 43 cents, to 2.6%, to $17.01. after brokerage Scotiabank upgraded its rating. International Trade Minister Maninder Sidhu pointed to interest in advancing trade talks with the South American bloc Mercosur, comprising Brazil, Argentina, Paraguay, and Uruguay, as Ottawa seeks to diversify its trade relations beyond the U.S. Prime Minister Mark Carney and his team are in talks with U.S. President Donald Trump to reach a trade agreement before the August 1 deadline, when 35% tariffs are set to take effect. In other trade-related news, Canada and New Zealand reached a "mutually satisfactory" resolution to a long-term dispute over dairy product access, which will allow for better access to the Canadian market, Ottawa said on Thursday. Trump has previously criticized high Canadian tariffs on dairy products. Earlier this week, Carney introduced a steel tariff rate quota in a bid to protect the domestic steel industry. China's Commerce Ministry urged Ottawa on Friday to drop the restrictions while threatening countermeasures. ON BAYSTREET The TSX Venture Exchange gained 7.1 points to 798.76. Nine of the 12 TSX subgroups were lower, with telecoms off 1.3%, industrials descending 1.1%, and consumer discretionary stocks down 0.8%. The three gainers were consumer staples, better 0.8%, while utilities acquired 0.4%, and energy, up 0.2%. ON WALLSTREET The S&P 500 scaled to an all-time high Friday before easing from those levels, as traders pored through the latest earnings reports and new U.S. economic data. The Dow Jones Industrials stumbled 238.57 points to pause for lunch at 44,245.92. A 3% post-earnings slide in American Express dragged the 30-stock average lower. The much-broader index slid 7.51 points to 6,289.88. The NASDAQ Composite capsized 18.72 points to 20,865.93. Data released Friday reflected a drop in consumers' fears about tariff-induced inflation down to their lowest levels since February. The University of Michigan's Survey of Consumers for July reflected overall consumer sentiment rose 1.8% from June to 61.8, coming out exactly in line with the estimate and at the highest level since February. Major U.S. stock indexes are heading towards a winning week, lifted by data releases pointing to a strong U.S. economy and a slew of better-than-expected corporate earnings results. The S&P 500 is up 0.8% this week, while the NASDAQ has moved up 1.8%, and Dow has advanced 0.2%. About 60 S&P 500 companies have posted second-quarter results thus far. Of those, 86% have beaten analyst expectations. On Thursday, PepsiCo and United Airlines shares both popped after the respective companies beat analyst estimates on earnings. Those follow solid results from big banks like JPMorgan and Goldman Sachs earlier in the week. Shares of Netflix slid 4%, despite posting an earnings beat on Thursday. Shares of 3M were also down slightly even after the company exceeded analysts' estimates on top and bottom lines. Prices for the 10-year treasury climbed, pushing yields down to 4.42% from Thursday's 4.46%. Treasury prices and yields move in opposite directions. Oil prices lost five cents to $67.49 U.S. a barrel.

Carney to hold talks with Inuit leaders on major projects bill in N.W.T. next week
Carney to hold talks with Inuit leaders on major projects bill in N.W.T. next week

CTV News

timean hour ago

  • CTV News

Carney to hold talks with Inuit leaders on major projects bill in N.W.T. next week

Prime Minister Mark Carney speaks during the First Nations Summit at the Canadian Museum of History in Gatineau, Que., on Thursday, July 17, 2025. THE CANADIAN PRESS/Spencer Colby OTTAWA — Prime Minister Mark Carney will be in Inuvik, N.W.T. on July 24 to continue talks with Indigenous groups on the government's major projects bill. Carney will co-host the Inuit-Crown Partnership Committee with Natan Obed, Inuit Tapiriit Kanatami president. The meeting will cover a range of issues according to the Prime Minister's Office, including how the Building Canada Act can be implemented consistent with Inuit land claims agreements and in partnership with Inuit. The Building Canada Act gives the government the ability to fast track projects that are deemed to be in the national interest by sidestepping some review requirements under a host of federal laws. Carney hosted a meeting with hundreds of First Nations chiefs in Gatineau, Que. Thursday in the for the first of three meetings with Indigenous groups. Some chiefs walked out of the meeting of the summit saying they saw an insufficient response to concerns they'd been raising for weeks, while others left the meeting 'cautiously optimistic.' Before travelling to Inuvik, the prime minister will also briefly visit Fort Smith, the town in the Northwest Territories where he was born and spent his early childhood. This report by The Canadian Press was first published July 18, 2025.

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