OTTAWA, Dec 4 (Reuters) – Canada unexpectedly posted its
first trade surplus in 22 months in October but the surprise
news was less upbeat than it looked at first, given that both
imports and exports fell.
Statistics Canada said on Wednesday the October surplus was
C$75 million ($70.1 million), the first since the C$2.43 billion
posted in December 2011. Analysts had been expecting a shortfall
of C$730 million.
OTTAWA, Nov 28 (Reuters) – Canada is not ready to unveil
already long-delayed rules on curbing greenhouse gas emissions
from the Alberta oil sands, the environment minister said on
Thursday in comments that could boost U.S. resistance to the
proposed Keystone XL pipeline.
The right-leaning Conservative government, which has close
ties to the energy-rich western province of Alberta, has
repeatedly delayed the release of proposed regulations to tackle
soaring emissions from the oil and gas sector.
OTTAWA, Nov 28 (Reuters) – Canada allowed the U.S. National
Security Agency to conduct widespread surveillance during the
2010 Group of 20 summit in Toronto, according to a Canadian
Broadcasting Corp report that cited documents from former NSA
contractor Edward Snowden.
The report is the latest potential embarrassment for the NSA
as a result of Snowden’s leaks. He has already revealed the
agency spied on close allies such as Germany and Brazil,
prompting heated diplomatic spats with Washington.
OTTAWA, Nov 26 (Reuters) – The government in Canada, where
47 people died in a tanker train disaster in July, is doing a
bad job of overseeing rail safety, an official watchdog said on
The damning report, from Auditor-General Michael Ferguson,
revealed a series of problems at the federal transport ministry,
which is supposed to check that the 31 railways it oversees have
effective safety management systems.
OTTAWA, Nov 26 (Reuters) – In the latest blow to Canada’s
crisis-hit military procurement process, the country’s official
spending watchdog said on Tuesday the government has
underestimated how much a multibillion-dollar naval shipbuilding
plan will cost.
As a result, said Auditor-General Michael Ferguson, Canada
would either have to make do with fewer ships or settle for
vessels with fewer capabilities than initially planned.
OTTAWA, Nov 26 (Reuters) – Lax controls by border agents and
police mean Canada is allowing dangerous people to enter the
country, posing a risk to security and safety, a report from an
official watchdog said on Tuesday.
The report by Canadian Auditor-General Michael Ferguson
could cause concern in the United States, where some officials
have expressed concern in the past that Canada could be the
launch pad for an attack on its southern neighbor.
OTTAWA, Nov 22 (Reuters) – Tame Canadian inflation figures
on Friday lent support to the central bank’s stance of keeping
interest rates ultra-low, but surprisingly upbeat retail sales
data signaled pockets of economic vitality.
Statistics Canada said annual inflation in October dipped
below the Bank of Canada’s target range, dropping to a
five-month low of 0.7 percent from 1.1 percent in September.
Analysts had expected a rate of 0.9 percent.
OTTAWA (Reuters) – A former top aide to Prime Minister Stephen Harper is being investigated for acting corruptly when he cut a personal check to help a disgraced senator repay his expenses, according to police documents released on Wednesday.
The documents, which underpin a request for more information, quote a Royal Canadian Mounted Police (RCMP) investigator as saying he suspects Harper’s former chief of staff, Nigel Wright, “did directly or indirectly corruptly” give money to Senator Mike Duffy, then a member of the governing Conservative Party.
OTTAWA (Reuters) – Toronto’s crack-smoking Mayor Rob Ford is a headache Canada’s right-leaning government could do without.
Lambasting Ford, a political ally who also admits he drove a car after drinking alcohol and bought illegal drugs, could cost the federal Conservatives valuable support in Toronto’s suburbs.
OTTAWA, Nov 8 (Reuters) – Canada added 13,200 jobs in
October – all of them full-time – and the unemployment rate
stayed at a nearly five-year low of 6.9 percent, Statistics
Canada said on Friday.
The relatively modest job growth almost matched analysts’
expectations for 13,500 new positions and follows the 11,900
jobs created in September.