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Global News
23 minutes ago
- Global News
Carney, Métis groups to meet on major projects bill
See more sharing options Send this page to someone via email Share this item on Twitter Share this item via WhatsApp Share this item on Facebook Prime Minister Mark Carney is set to meet Thursday with three provincial Métis groups to discuss his government's major projects legislation. The legislation allows cabinet to quickly grant federal approvals for big industrial projects that are deemed to be in the national interest by sidestepping environmental protections and other legislation. Carney is expected to be joined by the Métis Nation of Alberta, the Métis Nation of Saskatchewan and the Métis Nation of Ontario. 0:43 Indigenous rights are 'fundamental' to Bill C-5: Carney The Manitoba Métis Federation, which represents Red River Métis, declined an invitation to take part in the meeting Wednesday, saying that inviting the Métis Nation of Ontario undermines the integrity of the gathering and puts the government's plans for major projects at risk. Story continues below advertisement The Manitoba Métis Federation says the Métis Nation of Ontario has no basis for existing and does not represent Métis. Get daily National news Get the day's top news, political, economic, and current affairs headlines, delivered to your inbox once a day. Sign up for daily National newsletter Sign Up By providing your email address, you have read and agree to Global News' Terms and Conditions and Privacy Policy Carney will meet with Métis leaders alongside a handful of his ministers, including Indigenous Services Minister Mandy Gull-Masty, Crown-Indigenous Relations Minister Rebecca Alty and Canada-U.S. Trade Minister Dominic LeBlanc. Métis Nation British Columbia said it wouldn't be attending the meeting because it wanted full participation but was only invited as an online observer.
CBC
26 minutes ago
- CBC
After walkbacks and confusion, U.S. tariffs kick in for dozens of countries
Social Sharing President Donald Trump began levying higher import taxes on dozens of countries Thursday, as the economic fallout of his months-long tariff threats has begun to create headwinds for the U.S. economy. Just after midnight, goods from more than 60 countries and the European Union became subject to tariff rates of 10 per cent or higher. Products from the European Union, Japan and South Korea are taxed at 15 per cent, while imports from Taiwan, Vietnam and Bangladesh are taxed at 20 per cent. Trump also expects the European Union, Japan and South Korea to invest hundreds of billions of dollars in the U.S. "I think the growth is going to be unprecedented," Trump said Wednesday afternoon. He added that the U.S. was "taking in hundreds of billions of dollars in tariffs," but he couldn't provide a specific figure for revenues because "we don't even know what the final number is" regarding tariff rates. Canada and the U.S. have not come to renewed terms after a Trump-imposed deadline of Aug. 1, resulting in a 35 per cent import tax on some Canadian goods. The rate applies to goods not covered by the Canada-U.S.-Mexico Agreement (CUSMA), which governs trade between the three countries. In addition to generalized tariffs, Trump has also threatened sector-specific duties. Import taxes are still coming on pharmaceutical drugs and Trump announced this week 100 per cent tariffs on computer chips. That could leave the U.S. economy in a place of suspended animation as it awaits the impact. Trump, including just before midnight on social media, has complained that countries, including allies, "have taken advantage of the United States" in trade over the years. But in the case of Canada and Mexico, it was Trump who signed off on CUSMA in his first term. Effects expected to play out over months Trump has promoted the tariffs as a way to reduce the persistent U.S. trade deficit, although many economists believe that indicator alone does not signify economic weakness. There are signs of self-inflicted wounds for the U.S. economy as a result of Trump's plans, which recovered from the height of the coronavirus pandemic in stronger fashion than other G7 countries, albeit with similar inflationary pressures. Importers in general purchased more goods before tariffs have gone into full effect. As a result, the $582.7 US billion trade imbalance for the first half of the year was 38 per cent higher than in 2024. Total construction spending has dropped 2.9 per cent over the past year, and the factory jobs promised by Trump have so far resulted in job losses. "A less productive economy requires fewer workers," said John Silvia, CEO of Dynamic Economic Strategy, in an analysis note. "But there is more, the higher tariff prices lower workers' real wages. The economy has become less productive, and firms cannot pay the same real wages as before. Actions have consequences." The president's use of a 1977 law to declare an economic emergency to impose the tariffs is under challenge — and potentially headed to the Supreme Court. The impending ruling from last week's hearing before a U.S. appeals court could cause Trump to find other legal justifications if judges say he exceeded his authority. Still, the stock market has been solid during the recent tariff drama, with the S&P 500 index climbing more than 25 per cent from its April low. The market's rebound and the income tax cuts in Trump's tax and spending measures signed into law on July 4 have given the White House confidence that economic growth is bound to accelerate in the coming months. The ultimate transformations of the tariffs could play out over months, if not years. Many economists say the risk is that the American economy is steadily eroded rather than collapsing instantly. "We all want it to be made for television where it's this explosion — it's not like that," said Brad Jensen, a professor at Georgetown University. "It's going to be fine sand in the gears and slow things down." Even people who worked with Trump during his first term are skeptical that things will go smoothly for the economy, such as Paul Ryan, the former Republican House speaker. "There's no sort of rationale for this other than the president wanting to raise tariffs based upon his whims, his opinions," Ryan told CNBC on Wednesday. "I think choppy waters are ahead, because I think they're going to have some legal challenges." Slapdash process The lead-up to Thursday fit the slapdash nature of Trump's tariffs, which have been variously rolled out, walked back, delayed, increased, imposed by letter and frantically renegotiated. Trump has heralded frameworks to a deal, with few specific details available so far in my cases. India, for example, saw Trump on Wednesday announce an additional 25 per cent tariffs to be imposed effective Aug. 28, for its buying of Russian oil since the outbreak of war in Ukraine, bringing its total import taxes to 50 per cent. "Absorbing this sudden cost escalation is simply not viable. Margins are already thin," S.C. Ralhan, president of the Federation of Indian Export Organizations, said in a statement. Win, lose or tariff? Playing Trump's trade deal game 6 days ago With deals being cut and the U.S. tariff deadline creeping closer, CBC's Eli Glasner breaks down the winners and losers in Donald Trump's radical reshaping of the global economy. India and the U.S. have had five rounds of negotiations on a bilateral trade agreement but haven't been able to clinch one so far, straining what had been a chummy relationship between the countries in Trump's first term. The process has been so muddled that officials for key trade partners were unclear at the start of the week whether the tariffs would begin Thursday or Friday. The language of the July 31 order to delay the start of tariffs from Aug. 1 said the higher tax rates would start in seven days. On Wednesday morning, Kevin Hassett, director of the White House National Economic Council, was asked if the new tariffs began at midnight Thursday, and he said reporters should check with the U.S. Trade Representative's Office.
National Post
an hour ago
- National Post
Terry Glavin: Synagogue vandalism shows being 'progressive' no shield against antisemitism
Article content Only two weeks ago, Victoria police announced that a 28-year-old man attending one of the anti-Israel rallies at the legislature would be charged with public incitement of hatred, targeting Jews. Khalid El Boyok was arrested June 11. Article content You could say it's somewhat ironic that it was Congregation Emmanu-El's synagogue that was desecrated last weekend. Across town from the legislature, congregants have held their own weekly silent vigils carrying placards bearing the words ' Jews in Mourning for Two Peoples,' expressing dismay at the unprecedented death and destruction in Gaza since Hamas carried out its bloody pogrom in Israel on October 7, 2023. You can be as 'progressive' as you like, and still the antisemites will come after you. Article content Congregation Emmanu-El's vigils are in keeping with the synagogue's long-standing avant-garde traditions. As far back as September, 1895, for lack of a full-time rabbi at the time, the congregation retained a woman, San Francisco Chronicle reporter Rachel 'Ray' Frank, to lecture and officiate for the high Holy Days, decades before women were to be regularly ordained. Article content Article content Last weekend's desecration was just the latest in a series of incidents that have become commonplace in Canada since the Gaza War began nearly two years ago, and while the Netanyahu government's crushing military operations may have deeply divided Israeli society, and Canadian opinion, they have also served as a pretext for the recrudescence of ancient antisemitic hatreds in the guise of 'pro-Palestine' activism. Synagogues have been firebombed and shot at in Vancouver, Montreal and Toronto, and protest groups like Samidoun, which is listed terrorist entity, have been given the run of Canadian cities. Article content 'We have seen a disturbing permissiveness toward these groups in Canada,' said Nico Slobinsky, vice-president of the Centre of Israel and Jewish Affairs. 'Pro-Hamas protesters shut down our streets with chants, threats, and hate, unchecked, unchallenged, and increasingly normalized.' Article content The 150-year-old B'nai Brith organization in Canada says Ottawa has to take some responsibility for this state of affairs. 'You cannot divorce the disgusting antisemitic graffiti found on a synagogue in Victoria, BC, on Shabbat, from the Prime Minister's announcement last week. By declaring its intention to prematurely recognize a Palestinian state, the federal government has further emboldened the vitriolic minority that has been targeting Canada's Jewish community for almost two years. Article content 'This is what happens when our leaders placate those who incite hate and sow division. Synagogues are defiled and Jewish Canadians are threatened.' Article content The most bitter irony in all this is that Congregation Emmanu-El is Canada's oldest synagogue, and from its earliest days Victoria has stood as a beacon of racial and religious toleration. There were perhaps as many Gentiles as Jews among the subscribers to Emmanu-El's construction fundraising drive in the 1860s. Article content Selim Franklin, elected to B.C.'s colonial legislative council in 1859, was the first Jew ever elected to a legislature in Canada. When Lumley Franklin was elected mayor of Victoria in 1865, he became the first Jewish mayor in North America. The year B.C. entered Confederation in 1871, Victoria sent Wharf Street merchant Henry Nathan to Ottawa, Canada's first Jewish Member of Parliament, and an early vice-president of Congregation Emmanu-El was Samuel D. Schultz, the first Jew to be appointed a judge in Canada, in 1914. Article content
