Speaking at the World Economic Forum in Davos , Mark Carney  outlined his view that the post–Cold War international system is undergoing a significant shift. Carney said the rules based global order that has guided trade, finance, and diplomacy for decades is becoming less effective. Economic tools such as tariffs, supply chains, and financial systems are increasingly being used as instruments of national strategy rather than neutral mechanisms for cooperation. Sean Kilpatric

Canada is preparing to slash its 100% tariff on Chinese-made EVs—a major shift that could open the market to much cheaper electric cars (potentially under ~C$35,000 / US$25,000). Photo by: InsideEVs The InsideEVs article says the move is part of a Canada–China trade deal discussed during PM Mark Carney’s visit to Beijing, where Canada agreed to lower EV tariffs in exchange for China reducing tariffs on key Canadian farm exports (especially canola). To prevent a sudden flood o

Canada’s labour market lost some momentum in December 2025, with employment barely changing – only 8,200 net new jobs were added – after three months of stronger gains earlier in the fall. At the same time, the unemployment rate rose to 6.8 per cent from 6.5 per cent in November, because more people entered the labour force looking for work. Most of the job additions were in full-time work, with part-time employment declining slightly. The employment rate stayed around 60.9 p