Canada News Update: Carney's Election Win, Trump Tensions, and More
From Mark Carney's dramatic election win and his vow to stand up to Trump, to new travel options and major business shakeups, here are the top stories making headlines in Canada right now.
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Mark Carney has pulled off a dramatic comeback, leading the Liberals to a minority government and pledging to
confront US President Donald Trump with the "overwhelming positive force of a united Canada." Carney, who took over
from Justin Trudeau just last month, says it's time to be bold as Canada faces a more hostile
US.
Even opposition leaders are calling for unity, with Pierre Poilievre promising to work with Carney to "always put
Canada first." Donald Trump is making headlines again, saying it's "highly unlikely" the US would use military force
to annex Canada, but he still wants to push for Canada to become the 51st state.
Trump also repeated claims that America's trade deficit with Canada is a subsidy, even as both countries prepare
for tough trade talks.
Prime Minister Carney is set to meet Trump in Washington this week, with trade and tariffs at the
top of the agenda.
A new survey shows that over two-thirds of Canadians feel anxious about their debt, and nearly 40% say
it's hurting their personal relationships.
More than half have borrowed money just to pay for basics like food and rent, and only a
quarter could handle a $500 emergency from savings.
Experts say the emotional toll is real, but there are ways forward, like budgeting and seeking professional help.
Good news for travelers!
Porter Airlines is now offering up to three daily roundtrip flights between Toronto Pearson and New York's LaGuardia
Airport, making it easier than ever to get between Canada and the Big Apple.
The new year-round service adds to Porter's existing routes and gives New Yorkers more access to Canadian destinations.
Calgary-based Parkland is being taken over by US fuel giant Sunoco in a $9.1 billion deal, creating a
new company called Suncorp.
Meanwhile, legendary investor Warren Buffett is stepping down as CEO of Berkshire Hathaway, with Canadian Greg Abel set
to take the reins and manage a massive $350 billion cash pile.
Stay tuned and follow us for more updates on Canadian politics, business, and the stories that matter most
to you!
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