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Canada’s high household debt warrants concern, but the aggregate data do not point to a systemic debt crisis. The debt-service ratio (DSR), a more timely measure of financial strain than the debt-to-income ratio, has eased from its 2023 peak and sits slightly below its pre-pandemic level. Canada’s DSR is also not an international outlier, and the financial system has absorbed the recent rate cycle without widespread distress. National averages, however, conceal acute financial strain among particular groups. Lower-income households are increasingly spending more than their disposable income, while younger Canadians report greater difficulty meeting debt obligations. Pressure is also concentrated among highly leveraged homeowners in Toronto and Vancouver renewing mortgages at higher rates. Rising insolvencies are another warning sign, but existing data cannot distinguish cash-flow problems from cases in which debts exceed assets.

OTTAWA — Exports to the United States surged in August as Canadian businesses rushed to get ahead of looming U. S. tariffs. Statistics Canada said the country’s merchandise trade surplus increased to $4.2 billion in August, up from a surplus of $787 million in July. August marked the sixth monthly trade surplus in a row.

Open this photo in gallery:The Alberta Medical Association said if Albertans choose to separate, not only would the medical work force shrink, but health care in an independent Alberta would be left in limbo. Jeff McIntosh/The Canadian PressHundreds of physicians would not practise in Alberta if the province leaves Confederation, a survey by the organization that represents doctors in the province indicates. Of the 1,649 physicians surveyed by the Alberta Medical Association, 15 per cent said they would continue living and practising in Alberta if it became an independent country, and less than a quarter were uncertain about what they would do.

Three members of the Canadian Armed Forces are among seven individuals charged following a Toronto police investigation into the kidnapping of a man who was allegedly targeted because of his access to cryptocurrency assets. Toronto Police Chief Myron Demkiw announced Wednesday that investigators have laid a total of 82 criminal charges against seven accused after what began as a kidnapping probe evolved into a broader investigation involving firearms, stolen military ammunition and organized criminal activity.

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After 40 years the Canadian government has finally released a nearly fully unredacted version of historian Alti Rodal’s investigation into alleged Nazi war criminals in Canada. The previously redacted sections reveal that the CIA was actively involved in resettling alleged Nazis in Canada after the Second World War, that the CIA deceived Canadian officials, and that a leading CIA officer in charge of resettlement operations was later the CIA’s representative in Ottawa. “It was a ratline,” said historian Jared McBride, referring to the escape routes used by the Nazis and their collaborators to flee Europe in the aftermath of the Second World War. “In an operational sense, this is what a ratline is.”While the newly unredacted version of the Rodal Report doesn’t name the specific individuals who gained entry into Canada, it does reveal that Canadian visa control officers posted in Stockholm were aware of falsified documents coming from American sources as early as 1953. Further, former RCMP deputy commissioner W. H. Kelly was informed in early 1954 of suspicious applications for security screenings coming from the U. S. zone of occupation in postwar Germany.

Manitoba is one of the last remaining provinces whose dental associations also regulate the profession and investigate complaints against dentists — a structure the family of a young woman who died after a procedure says raises conflict of interest concerns. Virginia Blatz, 23, was pronounced dead in hospital after she went to see Dr. Ronald Janz at the Boundary Trails Dental Centre in Morden to have her wisdom teeth removed on Nov. 27, 2024, according to a statement of claim filed by her father, Dulaney Blatz. In the nearly two years since her daughter's death, Victoria Blatz said the Manitoba Dental Association — which is both the provincial regulator and industry advocacy group — has maintained a "code of silence" about its investigation, and that the family has been "kept in the dark. "The family's former lawyer got a letter from the dental association's legal counsel in September, saying information wasn't being shared with them because the organization's registrar is the official complainant under rules set out in the Dental Association Act. The family filed a separate formal complaint against Janz this spring.

Restaurants in Canada employ 1.2 million workers, including nearly 500,000 youth, and continue to be the No. 1 source of first-time jobs, Restaurants Canada said.

BusinessThe cyberattack on French supermarkets earlier this week that left hundreds of fridges worth of food spoiled should be a wake-up call about the vulnerabilities of digitized systems and devices that are connected to the internet, cybersecurity experts say. Hackers may have targeted out-of-date firmware that remotely controls fridge temperaturesAbby Hughes · CBC News · Posted: Oct 14, 2026 4:00 AM EDT | Last Updated: 8 hours agoListen to this articleEstimated 6 minutesThe audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Boxes of perished goods outside an Intermarché supermarket in Paris on Tuesday, the day after a cyberattack targeted refrigeration systems at French supermarket chains. (Lucien Libert/Reuters)The cyberattack on French supermarkets earlier this week that ultimately spoiled hundreds of fridges worth of food should be a wake-up call about the vulnerabilities of digitized systems and devices that are connected to the internet, cybersecurity experts say.

From October 19, 2026, through spring 2027, coastal access at Ross Lane Beach will not available while work on roadways, parking areas, and dune crossing infrastructure is undertaken. Read more. From October 14, 2026, to approximately December 2026, road resurfacing work will be undertaken on the Cavendish Campground perimeter road. Read more.

The Stelco steel works in Hamilton. Photo by Chris Walsh/Flickr. Mark Carney made a lot of hay during the 2025 election about how Canadians were “Maîtres chez nous” (masters in our own home). Carney was invoking the rallying cry of Québec’s Quiet Revolution, which argued in the early 1960s that Québecers needed to control their own economic destiny, free from the dominance of English Canada and the United States. Carney sold this allusion to Canadians, calling them “part-owners” of a country standing up to Donald Trump.

Each month, this space will offer a view on how international events are impacting the Italian economic fabric. The series will focus not just on the operational impact of geopolitical events, but on how they change the strategic outlook for Italian firms and their partners. Each issue will aim to shed light on key opportunities (and risks) for Italian economic actors in an increasingly contested world order. As strategic competition gains traction, businesses that observe and learn to be comfortable in a fast-moving context will thrive. This space aims to help the observation leg of this journey. Occasionally, articles will include reflections stemming from conversations with public and private enterprises and academia. How is the demand for political analysis evolving in Italy? What are the key geographic and industrial areas of interest? What are the most pressing concerns? “Italy on Board” seeks to answer On September 16, European Commission President Ursula von der Leyen opened the door to Canada becoming the European Union’s first “associate member.” Canadian Prime Minister Mark Carney welcomed the proposal the following day before the European Parliament, calling for a

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The new trade framework pact with Taiwan is still waiting for Canada's signature after 19 months, which Conservatives say is only meant to 'appear as support.' Prime Minister Mark Carney, left, has thawed Canada's chilly relationship with China since coming to office last year. Foreign Affairs Minister Anita Anand has pledged a revised Indo-Pacific strategy based on the new operating environment. The Hill Times photograph by Andrew Meade

Whatever deal is announced between Canada and Europe comes at an important moment ahead of the vote that could tip the balance of power enough to disrupt the U. S. president’s agenda. Prime Minister Mark Carney, left, U. S. President Donald Trump, and European Commission President Ursula Von der Leyen. With the Canada-EU Summit happening just days before the U. S. midterms, the news cycle will be firing on all cylinders, writes Josie Sabatino. The Hill Times photograph by Andrew Meade, White House photograph by Daniel Torok, and photograph courtesy of Flickr/Norway UN

Being part of the Canadian family feels good, writes Janice Kennedy, until you start hearing the raised voices and slamming doors from inside our house. With all the raised voices and slamming doors, our family seems pretty troubled these days, doesn’t it? It’s tough to be an impassioned Canadian in this best-of-times/worst-of-times moment. On the one hand, Canadian pride has never been fiercer. Collectively, there’s an energizing determination to fight the trade war every way possible, from buying Canadian (or at least not American) to vacationing here or anyplace except you-know-where. Across the country, the maple leaf is ubiquitous.