Toronto MP Marco Mendicino, a former high-ranking cabinet minister in Prime Minister Justin Trudeau's government, says he will not run in the next federal election.
Mendicino says in a statement posted on social media that he has disagreed with the direction of the federal government, particularly when it comes to Canada's foreign policy on the Israel-Hamas war.
Please see my statement. pic.twitter.com/lFWsfavLzT
— Marco Mendicino (@marcomendicino) January 2, 2025
The Canadian economy shrank on a per-person basis for a sixth consecutive quarter as higher interest rates continued to weigh on business investment. Statistics Canada’s gross domestic product report said the economy grew at an annualized rate of one per cent in the third quarter, down from 2.2 per cent in the second quarter.
Prime Minister Justin Trudeau does not appear willing to budge on his plan to send a $250 rebate to "hardworking Canadians," despite pressure from the opposition to give the money to seniors and people who are not able to work.
The storm is expected to start tonight and persist until Sunday. More heavy snow is expected in the inland sections of the north coast — including Stewart, which has already received 40 to 55 cm of snow this week — with up to 40 cm more expected between Saturday night and Monday.
The CEO of BC Ferries is warning the company may need to increase fares by 30 per cent or more in 2028, when the current fare structure expires. Nicolas Jimenez says in a written statement the corporation had forecast last year that such a price rise would be needed to keep up with operating and capital costs, but costs since then have spiked, including a 40 per cent jump in shipbuilding expenses.
The union representing Canada Post workers says the Crown corporation has been laying off striking employees as the labour action by more than 55,000 workers approaches the two-week mark. In a notice to members posted Monday, the Canadian Union of Postal Workers called the layoffs a "scare tactic" and said it's looking into the situation.
The proposed federal ban on open net-pen salmon farms in British Columbia coastal waters will cost taxpayers billions and seriously impact Canada's economy, food security and Indigenous communities, says a report commissioned by the BC Salmon Farmers Association.