
In the news today: Cooler week ahead as fires burn by Flin Flon, Man.
Here is a roundup of stories from The Canadian Press designed to bring you up to speed…
Cooler week ahead as fires burn by Flin Flon, Man.
Cooler temperatures and a chance of rain this week is forecasted in a northwestern Manitoba city that's had to evacuate thousands due to wildfire.
As of Sunday night, Environment Canada is projecting temperatures in the mid teens to mid 20s over the next week, with a good chance of rain coming next Saturday in Flin Flon.
Crews have been trying to keep a blaze burning nearby at bay, as they have said the fire has been contained to outside its perimeter highway.
At this time, crews say there have been no structure losses.
To date, more than 17,000 people have been displaced by wildfires in Manitoba, including 5,000 from Flin Flon.
Here's what else we're watching…
Carney, premiers meeting in Saskatoon
Canada's premiers are meeting with Prime Minister Mark Carney in person for the first time since the federal election to pitch which major projects they think should get fast tracked.
The recent campaign saw Carney vow to slash federal approval times on major infrastructure projects considered to be in the national interest to help make the country an 'energy superpower.'
The full list of big industrial projects they're discussing is being kept secret, since they don't want to send a bad signal about anything that doesn't make the short list.
But Ontario Premier Doug Ford says his pick is the Ring of Fire mining project in northern Ontario, while Alberta Premier Danielle Smith says she wants to see the Port of Prince Rupert become a major trade corridor.
The first ministers are also expected to discuss breaking down interprovincial trade barriers, which would make it easier to purchase Canadian-made goods from other provinces and territories.
Bank of Canada faces 'risky' rate decision
Few would confuse Hollywood action star Tom Cruise with Bank of Canada governor Tiff Macklem.
But while Cruise rides a plane in tailspin to his latest box office smash, some economists say Macklem finds himself in his own high-stakes circumstances with the central bank's interest rate decision on Wednesday.
Macklem's mission is to chart a path for interest rates that keeps Canada's economy afloat at a precarious moment without straying from its inflation-taming mandate.
'It really is mission impossible,' said Andrew DiCapua, principal economist at the Canadian Chamber of Commerce.
The Bank of Canada's policy rate stands at 2.75 per cent following a pause at the central bank's last decision in April, snapping a streak of seven consecutive cuts. Most economists expect the central bank will hold rates again on Wednesday.
Ontario to limit debate on controversial Bill 5
Ontario Premier Doug Ford's government is moving to shut down debate on its most controversial piece of legislation this session, one of a plethora of bills getting the fast-track treatment before the legislature rises for a summer break.
A mining law known as Bill 5 that would give the government power to suspend provincial and municipal laws for chosen projects in areas deemed to have economic importance – and remove some endangered species protections – has sparked a lot of opposition.
A legislative committee heard from First Nations leaders and environmental groups, as well as mining groups, over two days and as the committee was considering amendments last week the NDP and Liberals used procedural tools to grind the process to a halt, in protest.
Government house leader Steve Clark is now stepping in to limit further committee time and require the bill to go back to the house for third reading, with just one hour of debate, and a final vote that same day.
While Bill 5 got two days of committee hearings, the six other pieces of legislation the government is speeding up have had no hearings, and will have as little as half an hour of third-reading debate, with just nine minutes each allotted to the two recognized opposition parties.
Hockey players' sex assault trial continues
The sexual assault trial of five former members of Canada's world junior hockey team is expected to hear today whether another one of the players will take the stand.
Alex Formenton's legal team is expected to tell the court whether they will call any witnesses, including their client.
Another accused, Carter Hart, testified over two days last week, which included one day of cross-examination by the Crown.
Formenton, Hart and their ex-teammates Michael McLeod, Dillon Dube and Callan Foote have pleaded not guilty to sexual assault.
The trial centres on an encounter with a woman inside a London, Ont., hotel room in the early hours of June 19, 2018.
This report by The Canadian Press was first published June 2, 2025.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Global News
11 minutes ago
- Global News
‘Worst-case' scenario may be avoided as business confidence rises: BoC
Trade-sensitive businesses are telling the Bank of Canada that they're broadly less worried about their 'worst-case tariff scenarios' coming true compared to earlier in the year, a senior central bank official said Thursday. Deputy governor Sharon Kozicki was speaking to the C.D. Howe Institute in Toronto a day after the Bank of Canada held its benchmark interest rate steady at 2.75 per cent. Bank of Canada governor Tiff Macklem on Wednesday said ongoing high levels of uncertainty tied to the trade dispute with the United States are a big factor keeping the central bank on hold while it waits for more information on the looming economic and inflation impact. Kozicki spoke about how the Bank of Canada is leaning more on non-traditional sources of data to make those decisions, including surveys of businesses and consumers. Heading into Wednesday's rate decisions, she said the central bank's consultations with businesses in sectors particularly affected by trade were informative. Story continues below advertisement While those businesses still broadly expect economic activity to weaken in the months ahead, Kozicki said that, 'overall, firms believed that their worst-case tariff scenarios were much less likely to materialize than they reported earlier this year. 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 'While uncertainty remains high, there was less talk of catastrophic outcomes.' 1:55 Tariff fears boost Canada's Q1 exports but hurt consumer spending The Bank of Canada started to lean on non-traditional data sources such as restaurant reservations and credit card transactions for more timely insights during the onset of the COVID-19 pandemic, Kozicki said, when backwards-looking retail data failed to capture the disruption. In today's situation, tracking more granular data such as the volume of trucks crossing the Canada-U.S. border can give monetary policymakers a nuanced look at how the tariffs are impacting imports and exports between the nations, she said. 'Today, in the face of a global trade conflict, we've continued to use – and even expand our reliance on – non-traditional data,' Kozicki said. Story continues below advertisement Heading into Bank of Canada's March interest rate decision, which landed in the early days of tariffs before broad exemptions offered both clarity and confusion, she said the central bank 'relied heavily' on survey data to inform its decision to cut the policy rate by a quarter point. Kozicki said that while traditional macroeconomic data can paint a 'high-level picture,' that could mean the central bank misses 'how economic conditions are affecting different households and businesses.' 'While those data give a good view of the forest, they're not necessarily providing as clear a sightline to the trees. We want to be able to see both,' Kozicki said. More recently, the Bank of Canada has foregone publishing a single, central forecast for the economy in its monetary policy report, instead providing two illustrative 'scenarios' for how the tariff situation might unfold. Macklem said Wednesday that he still expects the Bank of Canada will be less forward-looking than normal as it charts a path for monetary policy. The central bank's next interest rate decision and monetary policy report are due on July 30.


Winnipeg Free Press
23 minutes ago
- Winnipeg Free Press
Alberta government walks back beer tax hike citing tariffs, need to support business
EDMONTON – Alberta's government has ditched a new fee schedule for breweries that would have seen the province's oldest beer maker pay significantly more in taxes. The schedule was introduced in February and it substantially lowered the production threshold breweries needed to hit before they had to pay higher fees to the government. Service Alberta Minister Dale Nally said at the time that the fee hike was supposed to protect small breweries and that '99 per cent' of companies wouldn't pay more. Calgary-based Big Rock Brewery didn't fall under the 99 per cent, and the company calculated it was going to pay $1.4 million more every year. Nally's office says the government decided to lower the fees in light of U.S. tariffs and to ensure small breweries are supported as they grow. Monday Mornings The latest local business news and a lookahead to the coming week. The province replaced the fee system as of June 1 in favour of a schedule of more gradual increases. This report by The Canadian Press was first published June 5, 2025.


Global News
26 minutes ago
- Global News
Bill 5 officially becomes law in Ontario as MPPs set to rise for summer
The lieutenant governor has granted royal assent to the Ford government's controversial mining legislation, among other bills, officially passing it into law at Queen's Park on Thursday. Just after midday, final sign-off was granted for Bill 5, or the Protect Ontario by Unleashing our Economy Act. The law will create so-called special economic zones where projects can bypass various provincial laws. The legislation has sparked a storm of backlash from First Nations leaders who are promising a summer of disruption and protests in response to a law they believe infringes on their treaty rights. As Progressive Conservative MPPs gave Bill 5 approval on its final reading Wednesday, the last legislative step, the galleries exploded with opposition, mainly from First Nations members who travelled to Toronto to watch. 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 'This fight is not over — we will meet you on the ground,' Grand Chief Alvin Fiddler told reporters after the bill passed third reading. 'He did not even have the guts to show up for the vote, and to me, that tells me he's a coward.' Story continues below advertisement The province has promised to consult with Indigenous leaders over the summer and not designate any areas as special economic zones until that process is complete. Indigenous leaders have said they won't co-operate. 'What an insult that is to consult us on something that's already been done,' Fiddler added, saying he would not be involved with consultations over the law the government plans to hold this summer. Others have warned that protests will take place over the summer — which could include highway blockades and protests at mines. The government also received royal assent for a number of other bills, including justice legislation that could arm special constables and a bill to clear encampments. They are also now law. Thursday is the final day of the legislative session at Queen's Park before MPPs return to their ridings for the summer. They are currently scheduled to return in the fall.