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Published: October 24, 2026 at 10:20a.m. EDTCanada’s parliamentary budget officer is raising concerns over Canada’s debt levels, with the federal government set to table its budget in a little over a week. The PBO released her latest economic forecast on Tuesday, which is projecting slower growth in the country’s real GDP forecast, and laying the blame at the feet of the U. S. tariff war on Canada. The outlook also spells trouble for the federal government’s debt, and the cost of servicing that debt, projecting a growing debt-to-GDP ratio in the coming years. Declining deficit-to-GDP ratio is one of the federal government’s fiscal anchors. But, according to PBO Annette Ryan, the charges to service the debt is “the fastest-growing piece of government spending right now.”How to set CTV News as your preferred source on Google“It sounds like a strong word to say ‘anchor,’ that spending is going to be held in check, but keep in mind … the government has a very, very expansionary plan,” Ryan told CTV Question Period host Vassy Kapelos in an interview airing Sunday, when asked what that means for the fiscal health of the government’s finances.

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Published: October 23, 2026 at 9:10p.m. EDTAI strategist and media consultant Mohit Rajhans discusses OpenAI’s decision to halt the release of the newest ChatGPT model due to concerns of ‘going rogue’. OpenAI said on Friday it had resumed training of its most advanced AI models after tightening security and barring internet access, and disclosed a flaw in a widely used software that it found while testing its defences. The disclosure comes amid concerns over the ability of increasingly capable AI agents to identify and exploit software flaws, including in the guardrails meant to contain them. OpenAI had paused training of its most capable models after one of its research models used a configuration error to gain limited internet access in September. The company said it contained the incident and used the pause to strengthen its defences. To test them, OpenAI had teams of AI agents try to break out of their restricted environments. It said the agents found previously unknown flaws, which it had fixed, and training resumed on Oct. 1. During that exercise, the ChatGPT maker found a flaw in Brotli, a widely used data compression tool.

InternationalPublished: October 23, 2026 at 5:51p.m. EDTThe Deepwater Horizon oil rig burns in the Gulf of Mexico on April 21, 2010. (Gerald Herbert / AP Photo) BP announced a deal on Friday that provides Louisiana an accelerated, lump-sum US$350 million payment to resolve claims over the 2010 Deepwater Horizon oil spill and that also settles long-running coastal damage litigation by local parishes. BP agreed in 2015 to pay up to US$18.7 billion to the federal government and five states to resolve claims arising out of the oil spill. That money includes US$4.9 billion payable over 18 years to settle economic and other claims by the states. While Louisiana had been owed US$373 million over the next seven years, the state will now receive a single US$350 million payment. BP said remaining coastal zone lawsuits by Louisiana parishes will be resolved. It did not provide further details. “We have now disposed of claims and settled with all but one of the major defendants in these coastal cases,” Louisiana Gov. Jeff Landry, a Republican, said in a statement distributed by BP.(Reporting by Ankita Bora in Bengaluru and Nate Raymond in Boston; Editing by Joyjeet Das)

Published: October 23, 2026 at 5:34p.m. EDTIndustry Minister Mélanie Joly says new federal investments announced Friday are a first step toward reducing the Canadian aluminum sector’s dependence on the United States. Joly, who is also the minister responsible for economic development in Quebec, made the comments in La Baie, Que., where she announced more than $193 million in federal funding for projects at four Rio Tinto facilities in the Saguenay-Lac-Saint-Jean region and at the Alouette aluminum smelter in Sept-Îles, Que. “The aluminum industry is much more than an economic driver. It is also a strategic industry for our country and for Canadian sovereignty,” the minister said in her speech. Citing the economic upheaval caused by tariffs and the unpredictability of the American government, Joly said that “in this new context, we must be able to produce more of what our economy needs right here in Canada.”She also said the funding is a first step toward strengthening the Canadian aluminum supply chain. Aluminum Shadows of workers is reflected on rolls of coated steal during an announcement by Chrystia Freeland in Hamilton. Friday, June 29, 2018.