Inflation cools in December amid GST break in Canada
Canada’s December annual inflation ease to 1.8 percent helped by Ottawa’s GST tax break on restaurant meals and alcohol. analysts see possible rate cuts ahead. Thunder Bay and national data show varied moves with tariffs risk looming over Bank of Canada policy, while January and February readings may carry the tax break effect.
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Ottawa
Canada
Statistics Canada
British Columbia
Taylor Swift
Vancouver
Thunder Bay
BMO
Doug Porter
CIBC
Andrew Grantham
Bank of Canada
Porter
U.S
Donald Trump
Mexico
China
TD Economics
Derek Holt
Capital Markets Economics
Scotiabank
Hajdu backs Carney for Liberal leadership in Canada
Thunder Bay area MP Patty Hajdu endorses Mark Carney for the Liberal Party leader citing his experience to address affordability climate change and economic growth. Carney joins others in the race as the leadership contest opens with a March 9 2025 leadership vote targeted and registration open until the following Monday.
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Thunder Bay Area
Mark Carney
Liberal Party of Canada
Thunder Bay-Superior North
Patty Hajdu
Carney
Liberal Party
Chrystia Freeland
Government House
Karina Gould
Nepean
Chandra Arya
Montreal
Frank Baylis
Nova Scotia
Jaime Battiste
Justin Trudeau
Hajdu
Thunder Bay
Rainy River
Marcus Pawlowski
Liberal frontrunners back off of carbon pricing
Ottawa reports three Liberal leadership contenders Freeland Gould and Carney have signaled easing or pausing the consumer carbon tax as they seek to blunt Conservative attacks. Freeland says she would abandon consumer pricing while defending industrial pricing. Gould wants to freeze the price but maintain a broader plan to boost electric vehicles and efficient heating. Carney hints at alternatives if replacement is equally effective. The push reflects politics around the 2019 policy core of Canada’s climate plan.
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Ottawa
Justin Trudeau
Chrystia Freeland
Karina Gould
Mark Carney
Freeland
CP24
Canadian Climate Institute
Canada
House of Commons
Chris Ragan
McGill University
Max Bell
Pierre
Poilierre
Andrew
Andrew Scheer
Ragan
Liberal
Gould
Carney
Scotland
Trudeau
Edmonton
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Patty Hajdy
the Canadian Press
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