Latest News

Latest News

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

Toronto mayor says provincial changes could 'risk delaying already overdue transit'

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

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 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

'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

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?

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

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...

Brexit Sparks a Full-Blown Business Emergency

Brexit Sparks a Full-Blown Business Emergency

Britain has been famously relaxed about foreign ownership of its manufacturers. But Brexit drives a truck through its decades-old approach. To read full article click here

CN continues rail network expansion

CN continues rail network expansion

VANCOUVER, BRITISH COLUMBIA, CANADA — The Canadian National Railway (CN) is investing in its rail infrastructure in British Columbia and Alberta. To read full article...

Freeland says Canadian support for new NAFTA may hinge on U.S. lifting tariffs

Freeland says Canadian support for new NAFTA may hinge on U.S. lifting tariffs

OTTAWA – Foreign Affairs Minister Chrystia Freeland is keeping up the pressure on the Trump administration, warning that Canada’s support for the updated North American...

Doug Ford open to talking about funding Phase 3 LRT for Ottawa

Doug Ford open to talking about funding Phase 3 LRT for Ottawa

Ontario Premier Doug Ford is keeping the door open when it comes to talks about funding a west-end light rail transit extension for Ottawa.

Citing budget pressures, Metrolinx scales back Hurontario LRT

Citing budget pressures, Metrolinx scales back Hurontario LRT

TORONTO—Ontario transit agency Metrolinx has revised the route of the soon-to-be-built Hurontario Light Rail Transit project, most notably chopping off a downtown loop...