Economy, trade barriers at the top of the agenda ahead of first ministers meeting
Economy, trade barriers at the top of the agenda ahead of first ministers meeting
CTV's Jeremie Charron provides a lookahead to the first ministers meeting with the economy and eliminating trade barriers at the top of the agenda.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CTV News
27 minutes ago
- CTV News
Canada's domestic tourism industry could net billions due to U.S. trade war: report
Hundreds of people walk near the lighthouse in Peggy's Cove, N.S., Tuesday, July 4, 2023. THE CANADIAN PRESS/Darren Calabrese A new report argues that Canada's trade war with the United States might come with a silver lining for the domestic tourism industry. The Conference Board of Canada says its April travel intentions survey suggests roughly 27 per cent of Canadian respondents are considering a trip to the U.S. in the next few years, down from more than 50 per cent in the same survey last November. The report estimates that Canadians boycotting the U.S. for cross-border vacations could net the country's tourism sector up to $8.8 billion in extra business this year as travellers stay closer to home. It's predicting that windfall despite signs in the past few months of a drop in border crossings by American tourists — typically Canada's largest source of in-bound travellers. Kiefer Van Mulligen, senior economist at the Conference Board of Canada and the report's author, says Canada could also pick up some 'slack' from overseas tourists alarmed by U.S. President Donald Trump's efforts to upend global trade and annex nations like Greenland. Van Mulligen says fears of an economic slowdown tied to the tariff dispute could also encourage Canadians to rein in spending and opt for more affordable 'staycations.' This report by The Canadian Press was first published June 3, 2025. Craig Lord, The Canadian Press
CBC
29 minutes ago
- CBC
Police identify senior killed in fatal Pickering stabbing last week
Police have identified the victim of a fatal stabbing in Pickering last week as 83-year-old retired kindergarten teacher Eleanor Doney. Investigators from Durham Regional Police had previously withheld Doney's name at the request of her family. Her body was found with stab wounds outside a home on Lynn Heights Drive and Fairport Road last Thursday. A 14-year-old boy is facing a first-degree murder charge in connection with her death. Police say there was no connection between Doney and her alleged attacker. In a statement shared through police Tuesday, Doney's family expressed gratitude for an "outpouring of love and support" in the wake of her death. "We especially want to thank the first responders for all of their efforts," the statement reads. "We take comfort in the fact that she was a woman of strong Christian faith." Pastor Kevin Armstrong, who knew Doney from her three decades as a member of his congregation in Ajax, previously told CBC News that Doney was known as generous, kind and witty. "You wouldn't find a better person," he said. In the news release, Durham police appealed for anyone with information about the incident, "even if you believe it is insignificant," to come forward. Investigators also said that as the accused in the case is a 14-year-old from Pickering, it is illegal to post photos or share identifying information about the teen under the provisions of the Youth Criminal Justice Act.
CBC
29 minutes ago
- CBC
Court OKs Hudson's Bay selling trademarks, like iconic stripes, to Canadian Tire
Hudson's Bay Co. will live on in some fashion, and what form it takes will be solely up to Canadian Tire. On Tuesday, the beleaguered department store got court approval to sell its intellectual property, including its iconic multicoloured stripes motif, to Canadian Tire for $30 million. Bankrupt Hudson's Bay Co. will use the cash to pay some of its debts before the 355-year-old retailer disappears entirely. On Sunday, the company wrapped up liquidation sales and closed its remaining 96 Bay and Saks-branded stores to the public. As part of the $30-million deal, Canadian Tire will take ownership of not only the Hudson's Bay stripes, but also its company names and other trademarks, such as its historic coat of arms symbol. The big box retailer will also get all of the Bay's customer data, including personal information, and domain names for its websites, court documents have shown. The deal excludes the storied company's art, artifacts and archives, as well as any of its more than 9,000 employees, most of whom have already been laid off. WATCH | Hudson's Bay closes all store: Hudson's Bay employees get ready for last day on the job 6 days ago Duration 2:08 In March, indebted HBC was granted creditor protection by Ontario Superior Court, putting its assets up for sale. Seventeen parties submitted bids for the retailer's intellectual property. "The Canadian Tire transaction, among other things, provides for the highest purchase price of any bid received … and therefore provides the greatest value," stated a court document filed on May 29. Canadian Tire, which has more than 1,700 retail locations across the country, says it has also submitted a bid for "a handful" of Hudson's Bay's lease locations. According to court records, HBC has received 12 bids for 39 of its leases. Last month, the Hudson's Bay announced it reached a deal to sell 28 lease locations in Ontario, Alberta and British Columbia to Ruby Liu Commercial Investment Corp. The company is indirectly controlled by B.C. mall owner, Ruby Liu. Liu plans to launch "a new modern department store concept in Canada," Hudson's Bay said in a statement. The retailer added that the deal still needs approval from both the court and the landlords controlling the 28 leases. "There can be no assurances that the conditions to closing will be satisfied," stated HBC.
