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PRESS DIGEST-Canada - November 3

ReutersNov 3, 2025 11:20 AM

- 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

- U.S. Treasury Secretary Scott Bessent has refused to rule out new tariffs on Canadian imports, escalating trade tensions after Ontario aired an anti-tariff ad, and deepening uncertainty for Canada's steel, auto, and lumber sectors already hit by heavy levies.

- The NDP is considering abstaining from the upcoming federal budget vote, potentially allowing the minority Liberal government to avoid a snap election, as it weighs job-creating investments against austerity measures.

- The OECD has criticized Canada's supply-management system for dairy, eggs, and poultry, saying it distorts trade, inflates consumer prices, and stifles innovation despite Canada offering below-average agricultural subsidies overall.

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