Microsoft announced on Monday voluntary buyouts for up to 60,000 employees, roughly a quarter of its workforce, as it spends heavily on AI. It is the second such offer this year.
Technology
Hassett said on Sunday that US-Canada trade talks are 'very close' to a deal. At a rally at the Michigan border, Trump said a deal with Canada on tariffs is coming 'soon', Reuters reports.
Economy
Trump said Audi will build a factory in Georgia, according to the New York Times; the Volkswagen division imports all its cars from Europe or Mexico and has been hit hard by US tariffs. Handelsblatt reports that Trump lifted tariffs on certain Canadian goods, while his administration accuses Canadian officials of trying to sway the midterm elections for Democrats, claims Prime Minister Mark Carney says have "no merit".
Economy
Trump is lifting 50% tariffs on select Canadian agricultural and forestry products, a move announced by Maine Republican Senator Susan Collins, who faces a tough re-election fight, according to the New York Times. Prime Minister Carney said he was disappointed by the US ambassador's accusation that Canada interfered in US elections.
Economy
Voters in Alberta overwhelmingly rejected a proposal to begin a process toward independence, according to a CBC projection reported by The Guardian. With more than one million votes counted, about 76 percent backed remaining in Canada, Al Jazeera reported.
Geopolitics
A wind-driven grass fire killed four soldiers at CFB Wainwright in Alberta on Saturday. Prime Minister Mark Carney called it one of the worst peacetime tragedies for the military.
Geopolitics
Albertans voted on Monday in a nonbinding referendum on staying in Canada or holding a second, binding independence vote. Polls pointed to defeat for the separatists, who say they will fight on.
Geopolitics
A wind-driven fire on Saturday at CFB Wainwright in Alberta killed at least four people, while CBC reports seven. Prime Minister Mark Carney called it one of the worst peacetime tragedies for Canada's forces on home soil.
Geopolitics
Canada's defence minister confirmed deaths and injuries at CFB Wainwright in Alberta on Saturday. A fire linked to the incident is spreading beyond the base in strong winds.
Geopolitics
The IMF's Bangkok meetings ended on Saturday with warnings that the global economy's resilience is under strain. Bloomberg reports the ECB is leaning toward a December rate hike.
Economy
Prime Minister Mark Carney was among the speakers at a rally in Calgary on Saturday calling for a united Canada and warning of the dangers of division, according to the New York Times. Bloomberg reports that support for Canada in Alberta is rising ahead of the separation referendum.
Geopolitics
Prime Minister Mark Carney said the United States is trying to break Canada, according to The Hindu and Politika. Alberta holds a nonbinding referendum on Monday on whether to remain in Canada or hold a second referendum on separation, Telesur reports.
Geopolitics
Citizen Lab and Confiant reported on Thursday that Israeli ad agency Discover-Tech used online ads to track users and help plant Candiru spyware. Devices at Al Jazeera were among those infected.
Technology
India has approved the purchase of nearly 61% of IDBI Bank by Canada's Fairfax Financial Holdings for $5.6bn, the biggest foreign takeover of a domestic bank, the Financial Times reports. The Hindu reports that IDBI shares fell 7.5% on Thursday, which Reuters attributes to profit booking.
Economy
Prime Minister Mark Carney issued a Thanksgiving message on Monday calling for unity. According to Al Jazeera, it comes a week before Alberta votes in a referendum on seceding from Canada.
Geopolitics
The Parti Québécois won Monday's provincial election but fell short of a majority, setting up a minority government, according to Daily Sabah. Leader Paul St-Pierre Plamondon, who will become Quebec's 34th premier, promises a third referendum on independence.
Geopolitics
Voters in Quebec went to the polls on Monday with the separatist Parti Québécois leading, and the party could return to power after more than a decade, according to The New York Times. The PQ promises an independence referendum by 2028, The Guardian reports, while Reuters says the campaign focused more on Trump than on independence.
Geopolitics
Quebec holds provincial elections on Monday, and Le Monde says Parti Québécois leader Paul St-Pierre Plamondon leads the polls. A committed sovereigntist, he promises to hold a referendum on Quebec's future.
Geopolitics
More than 170,000 people have signed a Canadian petition calling for the expulsion of US ambassador Pete Hoekstra, which is set to be debated in the House of Commons. The New York Times and Al Jazeera describe the campaign as a measure of discontent with President Trump's policies, with relations at a historic low.
Geopolitics
US Trade Representative Jamieson Greer said Canada must end its retaliatory measures to avoid further US tariffs, Bloomberg reported on Friday. A Canadian union said Stellantis is considering selling its plant in the Toronto area, according to the Wall Street Journal.
Economy
The Wall Street Journal reported on Thursday that Mexico is pressing the United States to lower its tariffs on cars. In Canada, more than 110,000 people had signed a petition by Thursday calling for the removal of US Ambassador Pete Hoekstra, according to Daily Sabah.
Economy
The EU and 32 countries condemned Iran's continuing executions of protesters in a joint statement on Wednesday. Tehran rejected the criticism as hypocrisy.
Geopolitics
Canadian officials are considering accepting US tariffs on car exports in return for lower levies on vehicles that comply with the USMCA trade pact, while Mexico is pushing separately for reduced auto duties, according to the Wall Street Journal. The New York Times reports that some Canadian companies may only survive by moving to the United States if Donald Trump goes ahead with 50 percent tariffs on a wide range of Canadian goods later this month.
Economy
Senior US and Canadian trade officials are working to finalise a possible trade agreement, Canadian broadcaster CBC reported. Daily Sabah wrote on Tuesday that the deal could be presented to US President Donald Trump as early as Monday.
Economy
Canada's federal government has approved shelter for thousands driven from their homes by wildfires in British Columbia, where 102 fires were burning at the weekend. The province declared a state of emergency on Saturday.
Geopolitics
A fast-moving wildfire near Okanagan Lake has forced more than 20,000 people from their homes in British Columbia. The province declared a state of emergency on Saturday.
Geopolitics
Prime Minister Mark Carney is offering the United States concessions in trade talks to prevent 50 percent tariffs on many Canadian goods scheduled for this month, the New York Times reported. Ottawa is at the same time demanding a comprehensive agreement.
Economy
The Trump administration has refunded importers about $100bn of the "liberation day" tariffs, roughly 60% of what it collected. The Supreme Court ruled the levies illegal in February.
Economy
The State Department has notified Congress that it plans to close five foreign missions, among them consulates in Canada, Japan and Indonesia, people familiar with the notice told the South China Morning Post. Reuters sources cited by TASS said the White House initially sought to close up to 30 overseas posts.
Geopolitics
Some US brands are moving factory production back to China because Trump's tariff structure has changed the economic logic that earlier favoured relocation, the New York Times reported, while Le Monde writes that his new tariff architecture may survive court challenges without becoming sound economic policy. In The Guardian, columnist Matt Gurney argues that Trump has singled out Canada for especially harsh treatment and that Mark Carney and Canada's regional leaders cannot give in because doing so would be toxic with voters.
Economy
Washington has escalated its trade measures against Canada, and Ontario's provincial leadership is pressing the federal government to retaliate using oil, electricity and potash as leverage, while Ottawa has not yet decided on a response. In parallel, the average weighted US tariff on Chinese goods has remained roughly unchanged despite repeated threats from the White House, according to the New York Times. Both strands sit inside the third US tariff regime in under a year, now built on Section 301 of the Trade Act.
Economy
A Canadian woman of Chinese origin who worked as an intern at a NATO facility in Belgium has been arrested on suspicion of espionage, according to the New York Times and Folha de S.Paulo, citing the Belgian authorities. Officials did not name the country she is suspected of spying for.
Geopolitics
Thousands of lightning strikes triggered fresh blazes in western Canada, leaving at least 90 active fires burning in British Columbia, the Guardian reports. The prime minister described the situation as one of the country's most intense fire seasons on record.
Geopolitics
The United Arab Emirates finalised a Comprehensive Economic Partnership Agreement with Canada aimed at reducing trade barriers, The National reported. No further terms were given in the report.
Economy
Ontario's government is advancing omnibus legislation that would transform the province's workers' compensation regime, Jacobin reports. The outlet frames the change as the dismantling of a central piece of the twentieth-century labour-capital compromise.
Economy