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Latest News

This page presents developments that relate to issues examined by CARS.

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Trump adviser says White House has the votes to pass USMCA

Trump economic adviser Kevin Hassett said Monday that the administration believes it has the votes necessary to pass its U.S.-Mexico-Canada Agreement on trade through...

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Keep your eye on the new neutral as the Bank of Canada grapples with a slowing economy

In October, when the Bank of Canada last raised interest rates, Governor Stephen Poloz and his deputies said something new: “Governing Council agrees that the policy...

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Canadian Inflation Picks Up in March on Surging Gasoline Prices

Canadian annual inflation accelerated in March on the biggest one-month increase in gasoline costs in a decade, bringing price pressures back up near the Bank of Canada’s...

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Southern Railway pleads guilty to Canadian TDGA violations

New Brunswick Southern Railway recently pled guilty to two of the 24 charges that had been laid against it under the Canadian Transportation of Dangerous Goods Act (TDGA)....

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Ottawa Names New Light Rail Train After Gord Downie

The late Gord Downie was commemorated in Ottawa last year with an impressive snow sculpture, but the city has now announced a more permanent tribute to the Tragically...

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Ford budget halts plans for high-speed rail corridor between Toronto, Windsor

The Ford government’s first budget has put a halt on plans for high-speed rail in southwestern Ontario. To read full article click

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New Brunswick-based railway ordered to pay $50,000 for safety violations

The New Brunswick Southern Railway Co. has been fined $10,000 and must pay another $40,000 for the implementation of safety research programs after pleading guilty to a pair...

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USMCA, the ‘most significant trade agreement’ ever, will lift U.S. economy by less than 0.5%: report

U.S. President Donald Trump said Thursday that ending illegal immigration from Mexico and stopping what he says is the flow of drugs across the border is more important to...

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Ottawa waives tariffs, steelmakers angry

Canada is waiving retaliatory tariffs on another $110 million worth of U.S. steel, deepening tensions with domestic producers who are pushing for tougher trade restrictions...

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Japan’s prime minister to visit Canada

Japan’s Prime Minister Shinzo Abe will visit Canada from April 27 to 28, 2019. Japan has the world’s third-largest national economy and the Canadian government considers...

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VIA Rail and Alvéole partner to help save the bees

MONTRÉAL, April 22, 2019 /CNW Telbec/ - To celebrate Earth Day, VIA Rail Canada (VIA Rail) has committed itself to furthering its environmental protection efforts by...

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Canadian Exporters Continue to Struggle Even With Rising Oil

Canada recorded smaller trade deficits than expected in the first two months of 2019 on a rally in oil prices, but figures released Wednesday show the nation’s exporters...