Pierre Poilievre must still face leadership review after winning byelection
CTV News Edmonton's Evan Kenny finds out how Pierre Poilievre's win in the Battle River-Crowfoot byelection will impact his upcoming Conservative Party leadership review.
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CTV News
37 minutes ago
- CTV News
Town of Essex invites residents to help shape 2026 budget at fall engagement sessions
Essex town hall can be seen in this undated photo. (Town of Essex) The Town of Essex is gearing up to host two budget engagement events this fall to gather feedback on the upcoming 2026 budget. The first session will be held Tuesday Sept. 23, from 4:30 p.m. to 6:30 p.m. at the Essex Arena in the Shaheen Room. ADVERTISEMENT The second session will be held Thursday Oct. 2, from 4:30 p.m. to 6:30 p.m. in the community room at the Harrow Arena. 'We want residents to come out in person and really see how the municipal budget works, and to take time providing their feedback,' Bondy said. 'There are so many competing priorities in the municipality, so having public engagement is key to getting residents to supporting the budget process.' According to Bondy, the municipality has a lot of challenges because of how big and spread out it is. 'We have the four wards that all have competing priorities, so do residents want to see more roads done? We've done a great job at doing roads. Maybe now they want to see more development in our parks and recreation,' she said. Bondy added, it's important that the municipality listens to residents and that they get what they want out of their tax dollars. 'Tax dollars can only go so far, and it's really good to have residents understand the process, see what we're dealing with. Many residents think municipalities have a lot of money. We don't have a lot of money, so we really need to use it wisely.' The online interactive budget tool allows residents and business owners to create their own draft budget by allocating funds to capital initiatives they believe are important to the community's growth and prosperity. Participants can prioritize key spending areas and submit feedback that will help guide council and administration in making informed decisions for the upcoming budget. Bondy said the 2026 draft budget was expected to tabled late fall. The upcoming meetings are being held in addition to gathering feedback online through Friday Oct. 10. — Dustin Coffman/AM800 News
CBC
38 minutes ago
- CBC
Federal government taps Cohere to work on use of AI in public service
The federal government has signed an agreement with a Canadian artificial intelligence company to identify areas where AI can enhance public service operations. Cohere will look at how its products can improve federal public services, said Sofia Ouslis, a spokesperson for Artificial Intelligence Minister Evan Solomon. The agreement sets up "early-stage collaboration" between the federal government and the Toronto-based tech company, she said. Cohere develops large language models, a type of generative AI focused on language, and the company specializes in AI services for businesses. "The focus is on identifying where Cohere's Canadian-built AI tools can improve public services, making them faster, smarter and more secure. While there are no formal deadlines attached, the government sees this as a priority and is moving quickly to explore real-world applications," Ouslis said. Ouslis said the agreement does not include a "financial component." Cohere said in a blog post Tuesday it signed the agreement "to transform the public sector with our secure, sovereign AI technology." "Accelerating AI adoption will deliver massive productivity and efficiency gains to enhance public services and modernize operations," it said. A government news release also said the agreement with Cohere involves looking at building Canada's commercial capabilities to use and export AI, but did not provide details about what that effort will involve. Using artificial intelligence to increase efficiency in the public service was one of Prime Minister Mark Carney's election promises. Carney also promised to cap the size of the public service, and most departments and agencies have since been asked to find program spending cuts of up to 15 per cent. The government news release said AI "has the potential to significantly improve government operations and services for Canadians," and that Ottawa is "seeking to harness the power of this transformative technology while building a vibrant made-in-Canada technology sector."
Globe and Mail
2 hours ago
- Globe and Mail
Fed's July minutes could reveal whether there was broader consensus for rate cuts
Last month's decision by the U.S. Federal Reserve to hold interest rates unchanged prompted dissents from two top central bankers who wanted to lower rates to guard against further weakening of the job market, and a readout of that two-day gathering on Wednesday could show whether their concerns had started to resonate with other policymakers, perhaps reinforcing expectations that borrowing-cost reductions could begin next month. Not even 48 hours after the conclusion of the July 29-30 Federal Open Market Committee meeting, data from the Labor Department appeared to validate the concerns of Fed Vice Chair for Supervision Michelle Bowman and Governor Christopher Waller when it showed far fewer jobs than expected were created in July, the unemployment rate ticked up and the labor force participation rate slid to its lowest since late 2022. More unsettling, though, was an historic downward revision for estimates of employment in the previous two months. That revision erased more than a quarter of a million jobs thought to have been created in May and June and put a hefty dent in the prevailing narrative of a still-strong-job market. The event was so angering to President Donald Trump that he fired the head of the Bureau of Labor Statistics. Opinion: The real reason behind the U.S. job revisions and why Trump's firing of the BLS commissioner is utter nonsense Data since then, however, has provided some fodder for the camp more concerned that Trump's aggressive tariff regime risks rekindling inflation to hold their ground against moving quickly to lower rates. The annual rate of underlying consumer inflation accelerated more than expected in July and was followed by an unexpectedly large jump in prices at the producer level. 'The minutes to the July Federal Open Market Committee will give a more nuanced sense of the split on the committee between the majority that voted to leave rates on hold and the dovish bloc led by dissenting Governors Miki Bowman and Christopher Waller,' analysts at Oxford Economics wrote ahead of the minutes release, set for 2 p.m. ET (1800 GMT) on Wednesday. 'However, the minutes are more stale than usual since they predate the revised payroll figures, which prompted a rapid repricing of the probability of a September rate cut.' Heading into the release of the minutes, CME's FedWatch tool assigns an 85 per cent probability of a quarter-point reduction in the Fed's policy rate from the current range of 4.25-to-4.50 per cent, where it has remained since December. Another reason the minutes may feel stale on arrival is they come just two days before a highly anticipated speech from Fed Chair Jerome Powell at the annual economic symposium near Jackson Hole, Wyoming, hosted by the Federal Reserve Bank of Kansas City. Powell's keynote speech on Friday morning - set to be his last Jackson Hole address as Fed chair with his term expiring next May - could show whether Powell has joined ranks with those sensing the time has come for steps to shield the job market from further weakening or if he remains in league with those more wary of inflation in light of its moves away from the central bank's 2 per cent target. The lack of Fed rate reductions since Trump returned to the White House has agitated the Republican president, and he regularly lashes out at Powell for not engineering rate cuts. Trump is already in the process of screening possible successors to Powell and after the unexpected resignation earlier this month of one of the seven Board of Governors members, he has a chance to put his imprint on the Fed soon. He has nominated Council of Economic Advisers Chair Stephen Miran to fill the seat vacated by Adriana Kugler, a term that expires at the end of January. It is unclear whether Miran will win Senate confirmation before the Fed's September 16-17 meeting.
