More than half of Quebecers want a new government come the next election: survey
Quebec Premier Francois Legault snaps at the Quebec Solidaire second Opposition during question period at the legislature in Quebec City, Thursday, May 1, 2025. (Jacques Boissinot/The Canadian Press)
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Globe and Mail
14 minutes ago
- Globe and Mail
Canada, U.S. exchanging potential terms on economic and security deal
Canada and the United States are exchanging potential terms of agreement in closely held talks on an economic and security deal, The Globe and Mail has learned, but these do not represent the draft text of an actual pact. These exchanges are an effort to spell out what both sides might be able to agree upon as Ottawa and Washington try to find enough common ground to end their damaging trade war, sources said. The Globe is not naming the sources because they were not authorized to speak publicly. It's also far from clear whether a deal will be landed anytime soon as the United States is negotiating with close to 20 other countries that are seeking relief from tariffs U.S. President Donald Trump has imposed on their products. One government official compared the documents being exchanged to term sheets in the corporate sector, which outline the ingredients of a possible deal and serve as the basis for negotiations. Canada and the U.S. are engaging in talks on a new economic and security relationship that could amount to the first phase of talks with a second phase being the renegotiation of the trilateral United States-Mexico-Canada Agreement possibly to follow as already scheduled in 2026. ArcelorMittal laying off 153 workers in Hamilton as Trump tariffs hammer the steel industry Opinion: Carney was right to not retaliate against Trump's latest tariffs The economic-defence talks are being conducted among a very small circle of officials including International Trade Minister Dominic LeBlanc, Canada's ambassador to the United States Kirsten Hillman, U.S. Commerce Secretary Howard Lutnick and Jamieson Greer, the United States Trade Representative. It's possible this deal may be an executive-handshake agreement such as the one the British government signed with the White House in May. Sources said Canada and the United States are talking about working together to counter China's unfair trade practices, a topic that could affect U.S. tariffs on Canadian steel and aluminum, and further border security arrangements to stop the illegal distribution of the opioid fentanyl. The United States also wants Canada to take a great role in securing the Arctic and join Mr. Trump's ambitious Golden Dome missile shield project – a project Prime Minister Mark Carney has publicly said would make sense for Canadians to be part of. They said each side is putting ideas on paper and sharing them as part of the talks. CBC News on Friday reported it had learned of the existence of a working document outlining details of a potential deal. CBC, citing an unidentified source, said the working document states that Canada is willing to participate in the Golden Dome security program, and it also mentions Canadian commitments to build more infrastructure in the Arctic, Canada's pledge to meet its NATO defence spending targets, as well as previously announced border security investments.
CTV News
21 minutes ago
- CTV News
Elon Musk is ‘a man without a political home' following Trump feud: political analyst
Watch CTV News' U.S. political analyst Eric Ham says Trump may see Musk as 'a threat to his legislative agenda' because of Musk's financial interests.
CTV News
21 minutes ago
- CTV News
Report recommends diverting millions in surplus cash to replenish city's rainy day fund
Winnipeg's mayor is backing a plan that would send over $10 million to the city's rainy day fund after the reserve was nearly drained during the pandemic. In a report submitted to the executive policy committee, the city's public service recommended council adopt interim measures that would transfer surplus cash to top up the financial stabilization reserve. If approved, $3.7 million from the Southwest Rapid Transitway and Pembina Highway underpass projects, $5.4 million in operational surplus from Winnipeg Transit from 2024, and $1.8 million in surplus from Animal Services, also from 2024, would be diverted to the reserve. These interim measures would bring the account's balance to $36.4 million by the end of the year—a turnaround for the fund that sat at just $2.1 million in 2022 thanks to fallout from the pandemic, inflation, and major snow events. This onslaught of costs caused the fund to fall below the council-mandated six per cent of tax-supported operating expenditures, the report noted. That's about $85.1 million as of this year. The first measure—the surplus cash from the transitway and underpass reserves—requires a two-thirds council vote, while the others only require a majority. Another $6.9 million in new, unconditional funding from the One Manitoba Growth Fund would also be allocated to the account to help manage risks until the end of the year, the service proposed. This cash was not included in the 2025 budget. Mayor Scott Gillingham said the measures would be a responsible step to strengthen the city's financial foundation and protect services. 'The financial stabilization reserve helped carry the city through the pandemic, and now we're focused on building it back up,' he said in a news release. EPC will vote on the measure at a June 17 meeting.
