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Nov 7, 2014

Canada posts second month of big job gains, jobless rate dives

OTTAWA, Nov 7 (Reuters) – Canada unexpectedly added 43,100
new jobs in October and the unemployment rate dropped to a near
six-year low of 6.5 percent, prompting market optimism that the
sluggish job market might finally be improving.

Analysts had expected a loss of 5,000 jobs after the
outsized gain of 74,100 positions in September.

Nov 4, 2014

Canada posts surprise Sept trade surplus as energy imports drop

OTTAWA, Nov 4 (Reuters) – A rise in exports and a sharp drop
in energy imports caused by refinery shutdowns helped Canada
post a surprise trade surplus of C$710 million ($623 million) in
September, Statistics Canada data showed on Tuesday.

Analysts had expected a deficit of C$100 million. The
surplus – the fourth in five months – follows a revised C$463
million deficit in August.

Nov 3, 2014

Hollande says Iraq army must do more; bombing won’t end ISIS crisis

OTTAWA (Reuters) – The Iraqi army must do more to show it can fight Islamic State militants who have taken over a third of the country, French President Francois Hollande said on Monday.

The Iraqi army, riven by sectarian divisions between Sunni and Shi’ite Muslims, put up little resistance earlier this year as the Islamic State fighters mounted a major offensive.

Oct 31, 2014

Canada security services struggle with extremist threat, resources gap

OTTAWA (Reuters) – Canada’s spy agency and national police force are so constrained by a lack of resources that they can’t keep close track of all the Islamic extremists who may be a potential threat at home and they have also had to abandon some counter-espionage work and criminal investigations, according to current and former intelligence and police officials.

    Ray Boisvert, former assistant director of intelligence at the Canadian Security Intelligence Service (CSIS), said the spy agency and the Royal Canadian Mounted Police would need extra operatives if they were to be able to monitor more of the people they see as a possible threat.

Oct 29, 2014

Bank of Canada welcomes end of U.S. ultra-easy policy

OTTAWA, Oct 29 (Reuters) – The head of Canada’s central bank
on Wednesday welcomed the U.S. Federal Reserve’s decision to
abandon its ultra-easy money policy, saying it showed the U.S.
economy is gaining traction, but warned weaker oil prices will
crimp Canadian growth.

The Federal Reserve on Wednesday ended its monthly bond
purchase program and dropped a characterization of U.S. labor
market slack as “significant” in a show of confidence in the
economy’s prospects.

Oct 27, 2014

Canada pushes for new anti-terror laws, critics say money needed

TORONTO/OTTAWA (Reuters) – Canadian police need more resources and not extra powers to deal with the threat posed by extremists after two deadly attacks, say legal and security experts, as the government pledged to deliver tough new anti-terror legislation.

Canada’s Conservative government said it will soon introduce a bill to enhance the Canadian Security Intelligence Service (CSIS) spy agency and is planning other legislation designed to allow police to preempt threats and crack down on hate speech.

Oct 25, 2014

Canada intelligence-sharing on suspects curbed by court ruling

OTTAWA/WASHINGTON (Reuters) – Canada did not share some intelligence with the United States about two men who mounted fatal attacks last week because of a 2013 court ruling limiting the transfer of personal data, a Canadian official said on Saturday.

U.S. authorities therefore knew little about Michael Zehaf-Bibeau, who killed a soldier on Wednesday before attacking Parliament in the capital Ottawa. They also did not realize that Canada had withdrawn the passport of Martin Rouleau, who ran over and killed a soldier in Quebec on Monday.

Oct 24, 2014

Canada’s financial intelligence agency gets ‘useful’ data after attacks

OTTAWA (Reuters) – Canada’s financial intelligence agency asked institutions to quickly report suspicious transactions in the wake of two deadly attacks this week and has received data “useful to our intelligence efforts,” a spokesman said on Friday.

The Financial Transactions and Reports Analysis Centre (FINTRAC) was set up in 2000 to combat money-laundering and ensures the compliance of 31,000 financial entities doing business in Canada.

Oct 24, 2014

Exclusive: Canada’s financial intelligence agency gets ‘useful’ data after attacks

OTTAWA (Reuters) – Canada’s financial intelligence agency asked institutions to quickly report suspicious transactions in the wake of two deadly attacks this week and has received data “useful to our intelligence efforts,” a spokesman said on Friday.

The Financial Transactions and Reports Analysis Centre (FINTRAC) was set up in 2000 to combat money-laundering and ensures the compliance of 31,000 financial entities doing business in Canada.

Oct 23, 2014

Ottawa pushes for business as usual after shootings

OTTAWA (Reuters) – The Canadian government determined to return to business as usual on Thursday after a reported convert to Islam shot dead a soldier at the National War Memorial and rampaged through Parliament before being killed himself.

Employees began returning to the Parliament Hill complex amid tighter security. The House of Commons was set to open on schedule at 10 a.m. (1400 GMT), with Prime Minister Stephen Harper speaking at that time.

    • About David

      "I have been the National Political Correspondent in Canada for Reuters since 1999, focussing on politics, defence (in particular Canada's role in the Afghan War) and the environment. I won the award for Reuters Treasury scoop in 2009 for my work at the G20 summit. From 1995 to 1999 I worked in London, mainly covering foreign affairs, and from 1989 to 1995 I was stationed in Moscow where I covered the collapse of the Soviet Union and the many conflicts this helped trigger."
      Joined Reuters:
      1987
      Languages:
      English, French, Russian
      Awards:
      Treasury scoop of the year 2009
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