OTTAWA — With the fall economic statement to be presented just before they go back to their ridings for Christmas, some Liberal MPs are expressing concern that their government will be blowing past their self-imposed target of keeping deficits below $40 billion. “It’s not an unlimited pot,” said Liberal MP Wayne Long about the federal government’s financial means. “I think that we do need to show fiscal restraint.” https://windsorstar.com/news/liberals-concern-chrystia-freeland-40-billion-deficit/wcm/22528c4c-528c-48f4-a543-558aaa364943?__vfz=medium%3Dstandalone_content_recirculation_with_ads

OTTAWA, Dec 6 (Reuters) - Canada's unemployment rate rose more than expected to 6.8% in November, a near-eight-year high excluding the pandemic years, even as the economy added a net 50,500 jobs, data showed on Friday, boosting chances of a large interest rate cut next week. Currency markets increased the bets for a rate cut of 50 basis points next week to 68% from 55% before the employment report was released. A rate reduction of 25 basis points is fully priced in. https://www.kitco.com/news/off-the-wire/2024-12-06/canadas-jobless-rate-jumps-68-bets-50-bps-rate-cut-next-week

OTTAWA, Nov 29 (Reuters) - Canada's budget deficit for the first six months of the 2024-25 fiscal year jumped by more than a half to C$13.01 billion ($9.28 billion) as program expenses and debt payment costs rose faster than the gain in revenues, the finance ministry said on Friday. The deficit in the same period a year earlier had been C$8.17 billion, it said in a statement. Program expenses rose 11.2% on increases across all major categories of spending. Public debt charges jumped by 22.5% largely because of higher interest rates, the ministry said. On a monthly basis, Canada posted a deficit of C$3.17 billion in September, slightly narrower than C$3.88 billion deficit seen in September 2023. https://www.kitco.com/news/off-the-wire/2024-11-29/canadas-budget-deficit-first-six-months-202425-expands-c1301-bln

Pat King, a key figure in what became the Freedom Convoy protest that paralyzed downtown Ottawa in early 2022, has been found guilty of most charges against him for his role. Superior Court Justice Charles Hackland is delivering his decision at the Ottawa Courthouse Friday. King has been found guilty of five charges including mischief, counselling to commit mischief and disobeying a court order. https://www.cbc.ca/news/canada/ottawa/pat-king-freedom-convoy-2022-charge-1.7389715

What energy and economic leaders are saying about Ottawa’s oil and gas emissions cap 🇨🇦 #NoMoreLiberalsAndNDP 🇨🇦 🇨🇦 #SayingTheQuietPartOutLoud 🇨🇦 🇨🇦 #resigntrudeau 🇨🇦 🇨🇦 #JustSayNoMore 🇨🇦 https://www.canadianenergycentre.ca/undermining-investment-in-emissions-reduction-ignoring-the-global-big-picture-and-making-canadians-poorer-what-energy-and-economic-leaders-are-saying-about-ottawas-oil-and-gas-emissions-cap

Is it a tenant's right to charge an EV at their rental? One Ottawa man says yes, because electricity is included in rent https://www.cbc.ca/news/canada/ottawa/electric-vehicle-charging-rental-tenant-rules-1.7371633

PUBLIC HEALTH ENDORSES AND PLANS 15 MINUTE CITIES that has to be the biggest warning flag!!! Heads up Ottawa. 🇨🇦 #NoMoreLiberalsAndNDP 🇨🇦 🇨🇦 #SayingTheQuietPartOutLoud 🇨🇦 🇨🇦 #resigntrudeau 🇨🇦 🇨🇦 #JustSayNoMore 🇨🇦 https://open.substack.com/pub/lawyerlisa/p/public-health-endorses-and-plans

Ottawa conceals identities of 900 alleged Nazi war criminals who fled to Canada 🇨🇦 #NoMoreLiberalsAndNDP 🇨🇦 🇨🇦 #SayingTheQuietPartOutLoud 🇨🇦 🇨🇦 #resigntrudeau 🇨🇦 🇨🇦 #JustSayNoMore 🇨🇦 https://tnc.news/2024/11/10/ottawa-conceals-identities-nazi-war-criminals2/ via @truenorthcentre

did you know that four central banks from Europe claim to store a substantial amount of gold with the Bank of Canada in Ottawa? These are the central banks of the Netherlands, Switzerland, Sweden and Belgium, known respectively as De Nederlandsche Bank (DNB), the Swiss National Bank (SNB), the Swedish Riksbank, and the National Bank of Belgium (NBB). And the amount of gold that these four central banks claim to hold in Ottawa is not insubstantial, totaling approximately 270 tonnes. https://www.zerohedge.com/markets/gold-gone-awol-curious-case-foreign-central-banks-gold-stored-canada

OTTAWA, Nov 5 (Reuters) - Canada posted a higher than expected trade deficit of C$1.26 billion ($908 million) in September as a drop in imports failed to offset a fall in exports, data showed on Tuesday. Analysts polled by Reuters had predicted a deficit of C$800 million and Statscan revised sharply the August trade deficit to C$1.47 billion from C$1.1 billion. The BoC will announce its next monetary policy decision on Dec. 11 with money markets bets showing a 47% chance of a 50-basis point cut. https://www.kitco.com/news/off-the-wire/2024-11-05/canada-posts-higher-expected-trade-deficit-september