A leading Canadian think tank is urging Ottawa to abandon a single-payer pharmacare plan, citing tariff-related fiscal concerns. The C.D. Howe Institute’s new report warns that current economic conditions may make such a model too costly.
German officials and submarine builder ThyssenKrupp Marine Systems have expressed confidence in meeting Canada’s target for a new submarine by 2035. Their pledge comes as Germany and Norway pursue contracts with the same company, reflecting a global race to update naval capabilities.
Canada’s headline inflation eased to 1.7 % in July, down from 1.9 % the previous month, Statistics Canada says. Cheaper gasoline led the decline, but food prices moved the other way, leaving Canadians with higher grocery bills despite the overall slowdown.
In a bold appeal to Canada’s broadcast regulator, Spotify argued that imposing traditional radio regulations on streaming services is outdated. Company representatives likened such regulation to treating Uber like a horse and buggy during a recent CRTC hearing.
Canada is set to host the Group of Seven summit, welcoming U.S. President Donald Trump amid escalating trade tensions. As Trump wages a trade war against America’s allies, the summit is poised to address critical issues impacting international relations.
