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Canadians' financial stress ramping up despite interest rate cuts: MNP

Half of Canadians are $200 or less away from being unable to cover their monthly bills and debt payments, according to MNP Ltd.'s quarterly report on consumer debt.

China's exports in December up 10.7%, beating estimates as higher US tariffs loom

HONG KONG (AP) — China’s exports in December grew at a faster pace than expected, as factories rushed to fill orders to beat higher tariffs that U.S. President-elect Donald Trump has threatened to impose once he takes office.

Trudeau says Trump's comments on 51st state 'flattering' but a 'non-starter'

OTTAWA — Prime Minister Justin Trudeau says talk of Canada becoming the 51st state is a distraction from more pressing threats of U.S tariffs on Canada and their likely impact.

Delays, Trudeau resignation threaten Toronto-Quebec City high-frequency rail project

MONTREAL — Canadians hoping plans for high-frequency rail between Toronto and Quebec City would move forward this year will instead see further delays — and the prospect of a federal election makes the timeline more uncertain than ever.

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week:

Ottawa Food Bank reducing food sent to agencies because of mounting costs

The Ottawa Food Bank says it will reduce the amount of food it provides to programs within its network as it copes with increasing costs and growing demand for its services.

How Trump could declare a national emergency to hit Canada with 25 per cent tariffs

WASHINGTON — United States president-elect Donald Trump may declare a national emergency in order to turn his threat to slap Canada with 25 per cent across-the-board tariffs into a reality.

'Hell on earth': Ottawa rapper TwoTiime among Canadians displaced by L.A. fires

Ottawa rapper Khalid Omar, who performs under the name TwoTiime, was forced to evacuate his Calabasas condo as wildfires tore through the Los Angeles area this week, leaving the studio where he records in ruins.

Quebec, B.C., sending more resources to California to combat L.A. wildfires

MONTREAL — Quebec said Friday it will send two more firefighting aircraft to California, a day after one of the province’s water bombers collided with a drone while battling the wildfires ravaging the Los Angeles area.

'A lot of resiliency': Canada added 91,000 jobs in December as unemployment rate fell

OTTAWA — Canada's labour market capped the year with some good news, adding 91,000 jobs in December, shattering economist expectations, though there are still calls for further interest rate cuts amid the threat of U.S. tariffs.
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