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Home » Oakville » Within the information as we speak: Trump alerts tariffs could also be coming Feb. 1
Oakville

Within the information as we speak: Trump alerts tariffs could also be coming Feb. 1

January 26, 20255 Mins Read
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Here’s a roundup of tales from The Canadian Press designed to deliver you up to the mark… Trump alerts tariffs could also be coming Feb. 1 U.S.

Here’s a roundup of tales from The Canadian Press designed to deliver you up to the mark…

Trump alerts tariffs could also be coming Feb. 1

U.S. President Donald Trump urged his administration may transfer forward with with 25 per cent across-the-board tariffs on Canadian imports on Feb. 1.

He delivered the deadline on Monday night on the White Home as he signed a stack of unrelated government orders.

The February date comes after Trump officers, talking anonymously, urged to reporters that the Republican president would solely signal a memorandum telling federal businesses to check commerce points, together with alleged unfair commerce and foreign money practices by Canada, Mexico and China.

An government order from the president late Monday ordering the research units an April 1 deadline for the studies — properly after his suggestion that tariffs will occur in February.

Federal and provincial officers in Washington have been relieved that tariffs on Canadian items weren’t a part of Trump’s inaugural speech. However many mentioned Canada cannot afford to be complacent forward of what may very well be a brutal hit to the economic system.

Here is what else we’re watching…

Management hopefuls again away from carbon pricing

The three frontrunners within the Liberal management race have all backed away — to 1 degree or one other — from the Liberal authorities’s keystone local weather coverage in a bid to take a serious Conservative line of assault off the desk.

The Liberals first campaigned on a carbon worth in 2008 and moved to make it occur following Prime Minister Justin Trudeau’s election win in 2015.

It was first carried out in 2019 and is a crucial piece of the federal local weather plan. It additionally has been a political soccer and a favorite goal of Conservative assaults.

Liberal management candidates Chrystia Freeland, Karina Gould and Mark Carney have all cooled on client carbon pricing in latest weeks.

An evaluation printed in March 2024 by the Canadian Local weather Institute discovered Canada’s carbon worth may slash greenhouse gasoline emissions by greater than 100 million tonnes a yr by 2030, however solely about one-fifth of that may come from the buyer carbon worth.

StatCan set to launch December inflation figures

Statistics Canada is predicted to launch its December client worth index report this morning.

Economists polled by Reuters count on the annual inflation charge for December to stay unchanged from the prior month at 1.9 per cent, based on LSEG Information & Analytics.

Some economists are predicting the headline inflation quantity may very well be as little as 1.5 per cent due to the federal authorities’s GST tax vacation, which started mid-December.

Inflation has moderated considerably from its latest highs and is now stabilizing across the Financial institution of Canada’s two per cent goal.

After reducing its key rate of interest aggressively to three.25 per cent, the Financial institution of Canada may reduce once more later this month.

Indicators of thawing permafrost take maintain in tundra

A brand new examine suggests areas of the Arctic tundra at the moment are releasing extra planet-warming gases than they take up, upending a millennia-old development.

The examine printed in educational journal Nature Local weather Change suggests many tundra areas could have began to launch extra carbon dioxide than they take up, calling it a “noteworthy shift in carbon dynamics.”

The examine suggests one of many essential drivers of that shift may very well be thawing permafrost, frozen floor that covers nearly half of Canada’s land mass and in some areas has remained under zero Celsius for lots of of 1000’s of years.

As permafrost thaws, long-dead plant matter begins to decompose and launch planet-warming CO2 and methane again into the ambiance, setting off a constructive suggestions loop that may additional contribute to international warming.

The examine says whereas the area comprised of the boreal forest and the Arctic elevated how a lot carbon it may maintain in its vegetation and soils from 2001 to 2020, a few third of the area had grow to be a web supply of carbon dioxide as permafrost thaws and soils dry out.

But, when the authors factored in emissions from wildfires, they urged the Arctic-boreal zone, taken as a complete, not absorbed a statistically important quantity of carbon emissions.

Construct small properties for long-term care: growing older group

Earlier than Allan Dugas moved into long-term care, he feared he’d be pressured to share a bed room in an impersonal, institutional constructing, the place a regimented schedule would dictate when he ate and what time a employees member would “barge in” to get him away from bed early each morning.

So after he was hospitalized for a fall, he selected to be discharged to a facility that health-care employees informed him they’d be snug putting their very own dad and mom — a “small care house” in Digby, N.S., made up of 10 homes, every with 9 residents and a small group of designated employees.

Dugas referred to as the final 4 years of his life at Tideview Terrace “fantastic.”

He has his personal bed room and toilet, and the liberty to stand up and go to mattress when he desires. He even has a drum set in his bed room, the place his solely roommate is his cat, Jones.

“Life is not over, it’s only a totally different chapter,” mentioned 59-year-old Dugas.

”It’s about respect and autonomy and making this our house.”

This report by The Canadian Press was first printed Jan. 21, 2025.

The Canadian Press



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