OTTAWA, July 15 (Reuters) – Canadian Prime Minister Stephen
Harper brought new, younger faces into his cabinet on Monday
after an expenses scandal dented his Conservative government’s
popularity, but he kept senior players such as Finance Minister
Jim Flaherty in place.
“He’s the best minister in the G7. We’ve got to keep that
going. The economy remains a priority,” said Harper spokeswoman
Julie Vaux of the decision to keep Flaherty, 63, in a job that
gives him a crucial role in managing the economy.
OTTAWA, July 5 (Reuters) – Canada shed just 400 jobs in
June, indicating the economy had managed to hang on to most of
the massive gains it made in May’s blowout report, Statistics
Canada said on Friday.
Market analysts had predicted a loss of 2,500 jobs after
May’s huge 95,000 new positions, the second highest increase on
record. The jobless rate in June stayed steady at 7.1 percent.
OTTAWA, July 3 (Reuters) – Canada’s trade deficit shrank by
almost 70 percent in May from April but only because imports
fell twice as fast as exports did, Statistics Canada said in a
downbeat report on Wednesday that reflected challenges for the
The trade deficit – the 17th in a row – dropped to C$303
million ($289 million) in May from an upwardly revised C$951
million in April. Analysts had predicted a shortfall of C$730
OTTAWA, June 28 (Reuters) – Canada’s economy grew by just
0.1 percent in April from March, Statistics Canada said on
Friday, confirming that after a strong first quarter, growth is
slowing amid continuing global economic uncertainty.
Although April marked the fourth consecutive month-on-month
gain, it was the smallest of the four increases. The figure
matched analysts’ expectations.
(Reuters) – Montreal Mayor Michael Applebaum resigned on Tuesday, a day after he was charged with fraud and corruption in the latest major Canadian municipal scandal.
“I am going to put my energies into my defense and into my family,” said Applebaum, who had promised to clean up Canada’s second-largest city when he was named to the post in November.
June 17 (Reuters) – Montreal’s new mayor, who pledged to
stamp out corruption when he took office last November, was
arrested and charged with fraud on Monday in another blow to the
reputation of Canada’s biggest cities.
Michael Applebaum, whose predecessor resigned under
pressure, faces 14 charges linked to two real estate deals,
police said during a morning news conference.
OTTAWA, June 14 (Reuters) – Refinery slowdowns helped push
Canadian factory sales to their biggest monthly drop in nearly
four years in April, signaling a weak start to the second
quarter after strong economic growth in the first three months
of the year.
Statistics Canada said on Friday that sales plunged by 2.4
percent in April from March, the fourth drop in five months and
the biggest retreat since the 2.5 percent fall recorded in
OTTAWA (Reuters) – Canada has no access to data gathered by a top-secret U.S. government surveillance program, but the nation’s secret signals intelligence agency is monitoring foreign phone and internet traffic, officials said on Monday.
An ex-CIA employee working as a contractor for the U.S. National Security Agency says the NSA is running a massive effort called Prism that scoops up information from phone companies as well as internet data from companies such as Google and Facebook.
OTTAWA (Reuters) – Canada’s government on Monday declined to say whether it was using data gathered by a secret U.S. government eavesdropping program, but confirmed its own secret signals intelligence agency was monitoring foreign phone and internet traffic.
An ex-CIA employee working as a contractor for the U.S. National Security Agency says the NSA is running a massive surveillance program called Prism that scoops up information from phone companies as well as internet data from large companies such as Google and Facebook.
OTTAWA (Reuters) – Canada and the European Union are still deadlocked over a long-delayed free trade agreement, officials said on Friday, casting more doubt on the pact as the EU shifts focus to a bigger deal with the United States.
The deal was initially supposed to have been finished by the end of 2011, but there is no end in sight, largely because the EU is resisting Canadian demands for much greater beef access.