Latest News
This page presents developments that relate to issues examined by CARS.
Ottawa buys light rail trains with no proven track record
The light rail vehicles that are one of the significant reasons for delays to Ottawa's $2-billion LRT project have no proven track record and are expected to make...
Innovation Nation: How Canada's banks are holding back the knowledge economy
Canada has a rich history of innovation, but in the next few decades, powerful technological forces will transform the global economy. To read full article click here
'I'm not optimistic': Political will for passage of new NAFTA rapidly evaporating in America
Unions are turning on it, Democrats are demanding to change it and Foreign Minister Chrystia Freeland is casting doubt over whether Canada will support it with the steel and...
China Cancels Glencore Canada Canola Permit Amid Trade Spat
China’s spat with Canada deepened as Beijing revoked the license of a Glencore Plc unit to ship Canadian canola to the Asian nation, citing pest infestation. To read...
Councillor wants City of Ottawa’s auditor general to probe LRT Stage 2 procurement process
A city councillor who is frustrated with the “very little information” he argues council has received about the procurement process for the $4.66-billion second phase of...
Toronto mayor says provincial changes could 'risk delaying already overdue transit'
Mayor John Tory says that he is committed to continuing discussions with the province around a potential upload of the subway system, despite concerns he now has over the...
Canada Might Nix Trump's NAFTA Deal Unless He Stops Steel Tariffs
Trump's trade deal scorecard might drop to zero unless Trump halts tariffs on Canadian steel and aluminum. To read full article click here
Toronto tops list of best cities for public Transport in Canada
Toronto has been named the best city for public transportation in Canada for 2019. To read full article click here
'The yield curve is the best economist out there': What Canada's first inverted curve in 12 years tells us
Canada has joined the U.S. in the inverted yield curve club, signaling a growing risk of recession that may keep Stephen Poloz on hold for his final 14 months as head of...
U.S. bill that aims to open financial system to cannabis companies could be bad news for Canada's pot sector
Canada’s cannabis industry could see its first-mover advantage cut short if a piece of legislation that would open the U.S. banking sector to cannabis companies is...
What do voters make of Brexit now?
Almost three years ago the UK voted in favour of leaving the EU. Yet the original departure date of 29 March has been delayed and the government is searching for a way...
Still insufficient support to pass third vote on Theresa May’s Brexit deal
British Prime Minister Theresa May has told the House of Commons that there was still not sufficient support among MPs to pass a third meaningful vote on...