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Oil price drop means lost billions for Canada, CIBC says The dramatic decline in oil prices will cost Ottawa about $5 billion in lost revenue and provincial economies a little more than that, one of Canada's biggest banks suggested today. That's one of the main takeaways from a CIBC report...

It's called 'bribing the vote.' Federal transfers to Ontario increase $1.25B Federal transfers to the provinces will increase $3 billion in the coming fiscal year – including $1.25 billion more to Ontario – but Finance Minister Joe Oliver and Ontario’s finance minister, Charles Sousa...

European Parliament to vote on reviving 'dirty' label for oilsands Like a movie monster from the black bog, a European Union directive that would stigmatize "dirty" imports of Canadian bitumen refuses to die. A vote Tuesday in the European Parliament could reject a compromise draft bill and...

I thought this was obvious but ok.. We need a report on everything these days. B.C. carbon tax an effective model for national climate change approach: report Canada could come close to hitting its 2020 greenhouse-gas emission targets by nationally adopting strategies British Columbia...

Ontario plans climate-change summit in July Continuing its efforts to go where the federal government won’t, the Ontario government announced Wednesday morning it’ll hold a “Climate Summit of the Americas” in Toronto next July, just before the Pan-Am Games. It’ll go along with a Pan-Am...

Canada back to being ‘one of the global punching bags’ as TSX suffers biggest one-day loss in 18 months The S&P/TSX Composite Index experienced its biggest one-day loss in 18 months Monday as investors piled out of Canadian stocks in a broad-based selloff. The TSX closed down 329.53 points, or...

President Obama Gets Personal With Stephen Colbert on the Colbert Report President Barack Obama took his first and final turn on the satircal Colbert Report Monday night, fending off verbal assaults from the faux-conservative comedian. Obama appeared on stage ostensibly minutes before his...

Canadians want action on climate change A survey on Canadians’ views about climate change has shown that the vast majority majority (88 per cent) want Canada to take significant actions to reduce greenhouse gas emissions. Ottawa - These findings come as Canada's environment minister travels to...

Ezra Levant ordered to pay $80,000 in libel suit; judge cites ‘reckless disregard for the truth’ An Ontario Superior Court judge has delivered a stinging rebuke of Ezra Levant, declaring as part of an $80,000 libel judgment that the Sun Media personality displayed “reckless disregard for the...

Canada’s economy is in serious trouble without a radical shift Canada’s economy could be in serious trouble if we don’t radically re-evaluate our strengths and priorities, said former TD Bank Group chief executive Ed Clark. Speaking at The Canada Summit conference hosted by The Economist...

Stephen Harper quietly scraps a pledge of transparency OTTAWA—There was always less than met the eye in Stephen Harper’s use of a parliamentary committee to vet his Supreme Court nominees. The MPs could not overturn the nomination, they were given precious little time to prepare for the...

Are kids getting more virtuous? By David Finkelhor November 26 David Finkelhor is a sociology professor and director of the Family Research Laboratory at the University of New Hampshire. The news media likes to characterize today’s young people as risk averse, narcissistic, app-dependent...

Have Homeopaths Reached Peak Stupid? Remove hot drinks and sharp objects from your immediate vicinity. Across the world, homeopaths today are trying to ‘heal the oceans’. To do so, British homeopath, Grace DaSilva-Hill, has been writing to appeal to other homeopaths to drop some homeopathic...

Reflecting sunlight into space has terrifying consequences, say scientists Fighting global warming by reflecting sunlight back into space risks “terrifying” consequences including droughts and conflicts, according to three major new analyses of the promise and perils of geoengineering. But...

A Congressman Has Named A Climate Change Denial Theory After Himself A bill has been introduced in the House to study the "Stockman Effect," which stipulates that changes in Earth's magnetic field could impact global temperature. But no record of a Stockman Effect exists in scientific...

TransCanada cuts ties with U.S. public relations firm Edelman A Canadian pipeline company is cutting its ties with a controversial U.S. public relations firm after leaked documents raised concerns about suggested tactics to promote a planned pipeline. TransCanada, based in Calgary, has...

I am confused. Arabs and Jews Unite to Proclaim Messiah's Return A new generation of Arab and Jewish followers of Jesus met together last week to strategize on how to “turn Israel upside down.” Two hundred and sixty Messianic Jewish and Arab pastors, youth leaders, evangelists, Bible-school...

New Brunswick abortion restriction lifted by Premier Brian Gallant Premier Brian Gallant is removing a key regulation that has restricted access to abortion services in New Brunswick for two decades. Gallant made the announcement at a news conference Wednesday morning in Fredericton. The...

Hong Kong police use pepper spray to disperse pro-democracy protesters Hong Kong police have used pepper spray and arrested 80 people as they moved to clear a street blocked by pro-democracy demonstrators for nearly two months. Officers in helmets, with some carrying batons, faced dozens of...

Auditor general's fall 2014 report: $15M Library and Archives Canada system never used Future generations may not be able to enjoy Canada's recorded heritage — including photos, maps and important documents — because Library and Archives Canada is not collecting all of the material it should...