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Chronicle Journal in Thunder Bay, Ontario

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Chronicle Journal

Location

Thunder Bay, Ontario, Canada

Date

Feb 19, 2025

Page

9

Inflation nudges up in Canada as GST tailwinds fade

Statistics Canada reports January inflation at 1.9 per cent, up from 1.8, with fuel costs rising and the GST tax break ending. Core measures show hotter underlying inflation while fuel and gas price swings, tariffs, and mortgage costs shape the direction for the Bank of Canada as a pause in rate cuts nears.

Bank of Canada Canada Statistics Canada CIBC Andrew Grantham Thunder Bay Manitoba Ontario Quebec Grantham United States BMO Doug Porter Stephen Brown North America Capital Economics Donald Trump Brown Royce Mendes Macro Strategy Desjardins

Winter storm warnings sweep across Toronto area

Environment Canada issues extreme cold warnings for communities southwest of Toronto and wind chills near minus 30. North of the city a snow squall warning spans 15 to 70 centimetres. Nova Scotia sees wind warnings with gusts up to 90 kmh. Saskatchewan Alberta and Manitoba face extreme cold with wind chills near minus 40. A coroner to probe the death of a 57 year old man found in a snow covered running car in Montreal.

Toronto Canada Ontario Nova Scotia Environment Canada Ings Prairies Saskatchewan Alberta Manitoba Quebec

Russia balks at rejoining G7 as Trudeau backs June summit

Moscow rejects the idea of Russia returning to the G7, calling the format outdated and a non-starter. Trump urged membership restoration, while Canadian officials led by Mélanie Joly and Prime Minister Trudeau dismissed the proposal. Stepanov promotes Russia's aims in multilateral forums like G20, BRICS, and SCO.

Ottawa Canada U.S Donald Trump Russia Moscow Oleg Stepanov Ukraine Crimea Trump Justin Trudeau Pierre Poilierre Chrystia Freeland Mélanie Joly Alberta Stepanov Brics Group Shanghai

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