Carney meets premiers in Ottawa to discuss tariffs

news.yahoo.com

Prime Minister Mark Carney is meeting with Canada’s premiers today in Ottawa. The meeting will focus on the impact of tariffs imposed by China and the U.S. It is taking place just before Carney is expected to start his federal election campaign, which could lead to an election on April 28. The discussion aims to explore ways to create a more unified Canadian economy. In other news, Liberal MP Chandra Arya has lost his nomination to run again in his Ottawa riding. Arya, who has represented Nepean since 2015, was informed by the party that he would not be allowed to participate in the upcoming election. This decision comes two months after he was removed from the leadership race. Hudson’s Bay is back in court today seeking permission to liquidate all its stores. The company, Canada’s oldest retailer, filed for creditor protection earlier this month. They are asking an Ontario judge to allow them to sell merchandise from 80 stores and several Saks locations. Hudson's Bay says it needs to liquidate because of financial difficulties but is still searching for funding to keep the business running. Employees at Hudson's Bay are worried about potential job losses. Workers at the east Toronto fulfillment center are feeling anxious since the company's financial issues began. Staff member Kevin Grell expressed concern about the uncertainty affecting workers, noting many have bills and mortgages to pay. In startup news, Tatiana Estevez, who runs a fog water collection company, is facing funding challenges. Her project was set to receive support from USAID, but funding has been frozen due to U.S. government actions. Estevez described the situation as heartbreaking, as her company was close to securing the needed resources. A new study has linked landslides in British Columbia to logging and wildfires. The research found that nearly half of the landslides during the November 2021 atmospheric river disaster began in logged or burned areas. The severe rains caused significant damage, including loss of lives and evacuations. The study examined over 1,300 debris flows, landslides, and erosion events caused by the storm.


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