Ismail Shakil

By David Ljunggren

Canada's labor minister on Friday moved to end a near month-long strike by postal workers, saying he had asked Canada Industrial Relations Board to determine whether talks on a new deal between the union and Canada Post were at an impasse.

The Canadian government has sold its roughly 6% stake in Air Canada in the past few days, the Globe and Mail reported on Thursday, citing a source.

Canada will aim to cut emissions by 45–50% below 2005 levels by 2035, the environment ministry announced on Thursday, setting a new transitory target before the Paris Agreement's 2050 goal of net-zero emissions.

The Canadian government will present its fall economic statement on Dec. 16, the finance ministry said on Monday, announcing a date for the budget update that will show the government's revised deficit estimate.

Canada had 1.5 million unemployed people in November, propelling its jobless rate to a near-eight-year high outside of the pandemic era and boosting chances of a large interest rate cut on Dec. 11.

U.S. President-elect Donald Trump said on Tuesday he had picked real estate investor and campaign donor Steve Witkoff to be his special envoy to the Middle East.

The U.S. Justice Department said on Tuesday that insurance magnate Greg Lindberg had pleaded guilty to a $2 billion fraud and money laundering scheme operated through a network of companies based in North Carolina, Bermuda, Malta, and elsewhere.

Canada has detected its first presumptive case of H5 bird flu in a person, a teenager in the western province of British Columbia, health officials said on Saturday.

Canada's main crude-producing province Alberta dismissed the Alberta Investment Management Corp's (AIMCo's) entire board on Thursday, saying the pension manager had underdelivered returns from the investments of provincial government funds it manages.

Canada on Wednesday ordered Chinese-owned TikTok's business in the country to be dissolved, citing national-security risks, but added the government was not blocking Canadians' access to the short-video app or their ability to create content.

The U.S. State Department has approved the potential sale of F-16 fighter jet equipment and support to Argentina for an estimated $941 million, the Pentagon said on Wednesday.

Canada's immigration reduction targets announced this week will likely have an impact on the central bank's growth forecast, Governor Tiff Macklem said on Friday, but cautioned the bank was yet to analyze the numbers.

OTTAWA, Oct 25 (Reuters) - Canada recorded a C$9.84 billion ($7.10 billion) budget deficit for the first five months of the 2024/25 fiscal year as government expenditures grew faster than revenues, the finance ministry said on Friday.

Canada on Wednesday notably toughened its tone with Israel, condemning Israeli strikes on civilian infrastructure in Gaza and United Nations peacekeepers in Lebanon and demanded the attacks stop immediately.

Canada, in coordination with the United States, on Tuesday designated the pro-Palestinian group Samidoun as a "terrorist entity" alleging that it had links with another terrorist-designated group, the Popular Front for the Liberation of Palestine.

Canada's economy added a net 46,700 jobs in September and the unemployment rate unexpectedly decreased, data showed on Friday, weakening bets for a 50 basis-point rate cut this month.

Canada will provide C$15 million ($11 million) in new humanitarian assistance to support civilians affected by conflict in Lebanon, the Canadian foreign ministry said on Wednesday.

Canada recorded a bigger-than-expected trade deficit of C$1.1 billion ($806 million) in August, its sixth consecutive monthly shortfall, as imports rose while exports declined, Statistics Canada data showed on Tuesday.

Canada's antitrust regulator said on Thursday it had obtained court orders to seek information from Air Canada and WestJet for a market study into competition in the country's airline industry.