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Canada's work permit freeze just got bigger: ESDC added Halifax, Fredericton, Kingston, St. Catharines–Niagara, Regina and Lethbridge to the low-wage LMIA refusal list from October 9, 2026 to January 7, 2027. Only 11 cities in the country are still open. Here's the full list, the unemployment rates, and what it means for foreign workers.
Industry Minister Mélanie Joly says Canada is exploring nationalizing Stelco after U.S. owner Cleveland-Cliffs announced up to 500 layoffs, breaching 2024 takeover job commitments. Reuters reports Section 40 court options.
Canada inflation rose to 3.1% in September 2026, Statistics Canada confirmed Monday, as gasoline prices surged 27.8% year over year. Core measures stayed below 2%, keeping the Bank of Canada's October 28 rate decision a coin flip. Full breakdown of the September CPI, what it means for gas prices, groceries, rents — and your mortgage.
Bank of Canada Governor Tiff Macklem warned Saturday the Bank will 'significantly' raise its inflation forecast as oil surges past $110 — openly asking whether rates must rise ahead of the Oct 28 decision. Markets price 100 bps of hikes next year; here's what it means for your mortgage.
Industry Minister Mélanie Joly says Canada is exploring nationalizing Stelco under the Investment Canada Act after Cleveland-Cliffs broke job promises with 500 layoffs.
Canada's largest trade mission to India in 30 years wrapped October 16 with 34 commercial deals worth close to C$300 million. Minister Maninder Sidhu met Piyush Goyal in New Delhi and Mumbai as both sides push to conclude the Canada-India CEPA free-trade agreement before PM Modi's December 11-12 visit.
Aiden Pleterski, Canada's self-styled 'Crypto King', is on trial in Toronto for fraud and money laundering. On Friday, an OSC forensic accountant told the jury that of $36.3 million investors handed him, over $16.3 million went to luxury cars, private jets, credit card bills — and $3.7 million to his parents. Here's what the court heard.
CREA's October 16 data shows Canadian home sales fell 2.3% in September as fixed mortgage rates jumped — with a Bank of Canada rate hike now priced in for December. CREA also slashed its 2026 sales forecast again. Here's what it means for buyers and sellers.
Foreign Minister Anita Anand says Canada aims to conclude its trade pact with India by year-end and double non-U.S. trade within a decade — a direct answer to Trump's protectionist trade policy. Modi visits Canada in December.