Latest News
This page presents developments that relate to issues examined by CARS.
Bank of Canada stands pat on trend-setting interest rate
The bank says Canada’s GDP growth in the fourth quarter was not as weak as expected, and the near-term outlook for the economy remains broadly the same as in January... To...
Remanufacturing, repair submits tenders for more work
Ontario Northland's recent job fair garnered more than 1,500 resumes, many from qualified individuals, says Corina Moore, the Crown agency's president and chief executive...
New SmartTrack plan unanimously approved by Mayor John Tory's executive committee
Mayor John Tory's executive committee unanimously approved the new scaled-down SmartTrack transit proposal on Wednesday — hours after Tory said it is better than the...
Fossil fuels 'probably dead,' says Canadian Pacific Railway CEO Hunter Harrison
MONTREAL — People need to get their heads around the idea that fossil fuels are "probably dead," the CEO of Canadian Pacific Railway said Wednesday... To view the full...
B.C., Ontario lead Canadian growth forecast while Alberta goes negative
OTTAWA—With a weaker loonie and a still struggling commodity market, Canada’s 10 provincial economies are facing a range of trajectories in 2016... To view the full...
Eglinton Crosstown under way, underground
Tunneling for Toronto’s Eglinton Crosstown LRT project is in the home stretch, with completion scheduled for fourth-quarter 2016... To view the full article please click...
Myers: More than Canada on the menu at Washington state dinner
As President Barack Obama welcomes Prime Minister Trudeau to the White House Thursday, the glitz and glamour of the presidential state dinner will grab the spotlight. The...
CP, City of Vancouver agree to sale of Arbutus Corridor
Canadian Pacific and the City of Vancouver on March 7, 2016 jointly announced that they have agreed to terms for the sale by CP of the Arbutus Corridor to the City for $55...
Interest rate cuts may be more likely than you think, at least in Canada
The Bank of Canada may not be done with interest-rate cuts just yet. Seven of 19 economists in a Bloomberg survey predict the central bank will lower borrowing costs at some...
Companies already jockeying for first dibs on Ring of Fire infrastructure money
There could be battle shaping up on who gets first dibs on the government infrastructure money that has been promised for the Ring Of Fire mining development in far Northern...
How a possible ‘Brexit’ could change the game on the Canada-EU trade pact
OTTAWA — Last week, International Trade Minister Chrystia Freeland declared mission accomplished in Canada’s efforts to seal an all-encompassing deal with its European...
Transit hub planned for downtown Kitchener, Ontario
The Region of Waterloo, which includes the twin cities of Kitchener and Waterloo in Southwestern Ontario, plans to build a $43 million dollar transit center to connect with...