PRESS DIGEST-Canada - Jan 21
Jan 21 (Reuters) - The following are the top stories from Canadian newspaper Globe and Mail. Reuters has not verified these stories and does not vouch for their accuracy.
THE GLOBE AND MAIL
- Alberta Premier Danielle Smith unveiled a six-point strategy to counter U.S. President Donald Trump's proposed 25% tariffs on Canadian goods.
- Immigration, Refugees and Citizenship Canada (IRCC), the federal immigration department, plans to cut 3,300 positions, about 25% of its workforce over the next three years due to budgetary pressures, despite a backlog of over two million applications.
- The Alberta government has quietly scrapped a series of ministerial orders that banned coal development in the foothills of the Rocky Mountains, returning to an older policy.
(Compiled by Bengaluru newsroom)
((globalnewsmonitoring@thomsonreuters.com))
Related Articles
[U.S. IPO] BNPL Firm Klarna Set for IPO, Valuation Only Half That of Affirm Amid High Demand
TradingKey - Swedish fintech firm Klarna, is set to finalize its IPO pricing on Tuesday evening, as it continues to gain fame for its "Buy Now, Pay Later" (BNPL) services. The company is valued at just $14 billion, which is half of its U.S. rival Affirm Holdings' valuation, yet it is attracting stro.jpg)
U.S. August CPI Preview: Persistent Rise in Inflation, What Impact on Rate Cuts? And on US Stocks?
TradingKey - On 11 September 2025, the U.S. will publish August CPI data. Consensus forecasts indicate a 0.3% month-over-month increase for both headline CPI and core CPI. As a result, headline CPI year-over-year may climb to 2.9%, up from 2.7%
U.S. August Nonfarm Payroll Preview: Risks Focus on Downward Revision of July Data
TradingKey - On 5 September 2025, the U.S. Department of Labour will release the August Non-Farm Payrolls report. The market widely expects August to see an addition of 75,000 non-farm jobs, roughly in line with July’s 73,000.
Unlocking Gold’s Next Leg: $4,000 in Reach by 2025？
TradingKey - Gold has kicked off a fresh uptrend in early September, breaking out of months of compression and reclaiming key territory. The decisive move above $3,500 establishes a new support base and puts higher objectives back on the table for the weeks ahead
US NFP Nightmares Preview: A Tiny August Revision, a Huge Annual Benchmark Cut And a Fed in Flux
TradingKey - Wall Street expects modest job growth and a rebound in the unemployment rate in August NFP report, a balanced outcome that could support a September rate cut. However, a massive downward revision — a “terrifying scene” — and anomalies on the supply side could plunge the Fed into deeper (1).jpg)
