Canada election: Leaders focus campaigns on housing, tax loopholes and each other

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Federal enactment leaders, astir of them retired west, were mostly focused connected their enactment platforms contiguous arsenic banal markets rumbled successful the background.

The Liberals and NDP some reiterated their lodging promises. Carney besides downplayed comments helium made astir Alberta Premier Danielle Smith astatine a rally this weekend.

Singh said he'd adjacent loopholes that let radical to flip homes connected the existent property marketplace and criticized the merchantability of portion of Rogers to American institution Blackstone.

Pierre Poilievre said helium wants to ace down connected taxation havens and talked astir the assemblage sizes astatine his rallies.

Green Party co-Leader Elizabeth May said her enactment would screen costs for each medicine meds.

For much connected national enactment promises, you tin excavation successful connected that here.

More swings connected the planetary markets today

The markets started disconnected amended contiguous than the past fewer days’ chaos, but determination were inactive much swings and, ultimately, much minuses.

Investors' hopes successful deals with Trump had waned by the extremity of the day. The S&P 500 started disconnected contiguous with a 4 per cent summation but ended with a 1.6 per cent loss. The TSX capped it disconnected astatine -1.5 per cent. The Dow was down 0.8 per cent and the Nasdaq mislaid 2.5 per cent. Gold was up astir 0.9 per cent.

Here are immoderate links if you're looking for much connected that topic:

• Trump's 104 per cent tariffs connected China volition instrumentality effect astatine midnight, aft quashing earlier marketplace gains.
• Trump wants to upend the full planetary order. Can helium tummy the terms tag?
• Trump called his tariffs economical 'medicine' aft trillions were wiped retired from U.S. banal market.

Counter-tariffs for vehicles effectual astatine midnight

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The national authorities has announced that its counter-tariffs successful effect to the U.S. levy connected the Canadian car manufacture volition travel into unit tomorrow, conscionable aft midnight.

The authorities says these retaliatory tariffs are designed to person a overmuch greater interaction connected American goods than Canadian ones.

This is however they work:

• A 25 per cent work volition beryllium imposed connected fully-assembled vehicles imported into Canada from the U.S. that are non-compliant with the Canada-U.S.-Mexico Agreement connected commercialized (CUSMA).
• About 90 per cent of cars coming into Canada from the U.S. are compliant.
• A car is CUSMA-compliant if astatine slightest 75 per cent of its contents are made successful North America, among different criteria.
• For compliant vehicles, Canada's counter-tariffs lone use to the parts that are American-made.
• If a car is 40 per cent American-made, 40 per cent of it volition beryllium taxable to a 25 per cent levy.
• If a car is not CUSMA-compliant, Canada’s 25 per cent tariff applies to the full car.

Finance Minister François-Philippe Champagne says helium volition acceptable up a "remission framework" for car producers to incentivize accumulation and effort to support jobs. He said details volition beryllium announced for that astatine a aboriginal date.

Carney committed to sex parity successful cabinet

Carney was asked by a newsman astir wherefore lone a small much than one-third of the Liberal Party’s candidates are women.

“Numbers are numbers,” Carney said, successful French. “I’m committed to having a balanced furniture during the government’s term.”

He said determination are presently 23 furniture ministers and 11 of them are women.

Carney says commercialized negotiations with Trump could commencement time aft election

Speaking astir U.S. tariff threats escalating, Carney said that successful beforehand of Trump’s tariff announcement past week, helium and Trump agreed that negotiations could instrumentality spot “literally, perchance starting the time aft the election.”

“I deliberation we person to beryllium realistic that during an predetermination period, that we guarantee that we person the quality to respond to counter-tariffs, but that is antithetic than negotiating immoderate constituent of a caller statement during what is simply a caretaker play of the government,” Carney said.

Carney downplays comments astir Smith arsenic ‘lighthearted’

During a caller rally, the Liberal person joked it would beryllium a “bad idea” to enactment Alberta Premier Danielle Smith connected U.S. web Fox News to advocator against tariffs.

For context, the Liberal run precocious seized connected Smith’s comments to a far-right U.S. outlet, erstwhile she said Poilievre is “in sync” with Trump’s medication and suggested determination are similarities betwixt Poilievre and Trump.

Smith responded, saying she’s noticed that “progressive men” similar Carney and erstwhile premier curate Justin Trudeau assertion they’re successful favour of beardown women “until they conscionable a Conservative woman.”

Carney tried to downplay the remarks today. “It was a lighthearted comment. I person a batch of respect for the premier,” helium said, adding that helium and Smith worked unneurotic past period connected the archetypal ministers’ statement to make a nationalist commercialized strategy.

He added that a Liberal authorities would enactment opportunities for Alberta.

“My authorities volition spare nary effort to guarantee that the radical of Alberta, the radical of Canada recognize those opportunities,” helium said.

Carney highlights lodging program successful B.C.

Carney promoted his party’s lodging strategy again today, aft archetypal announcing it past week.

He said that if re-elected, the Liberal authorities would enactment successful spot its Build Canada Homes inaugural to put $25 cardinal successful gathering affordable homes astatine standard portion prioritizing the usage of Canadian lumber.

We’ve heard the announcement before, but it’s pertinent successful B.C., wherever galore are priced retired of the lodging market.

The Liberals accidental they would chopped municipal improvement charges successful fractional for multi-unit residential lodging for a play of 5 years to little homebuilding costs arsenic good arsenic reintroduce taxation incentives.

They accidental they would put $1 cardinal to marque homes much sustainable and clime resilient.

Last week, the NDP besides projected retrofitting homes with greenish technology.

Carney takes run to Intelligent City

Hi, I’m Cat Tunney, pursuing the Liberal run this week. Leader Mark Carney is present speaking from Delta, B.C.

The backdrop contiguous is Intelligent City, a Vancouver institution that produces wide timber housing, utilizing robotics. Carney took a rotation connected the video-console-like tool.

It’s portion of Carney’s transportation to usage innovation to standard up housing.

NDP run autobus disconnected the road

I’m a elder newsman with the Parliamentary bureau covering the NDP run this week. The NDP’s run autobus is successful the store successful Vancouver for repairs. Journalists boarded a plain achromatic replacement autobus this greeting to caput to Singh’s announcement.

The orangish run autobus wrapped successful Singh’s look and “in it for you” slogan appeared to overheat yesterday. The autobus unopen down doubly concisely astatine the broadside of the road, and the autobus operator was overheard saying determination were cooling issues.

Singh calls for reappraisal of $7B Blackstone-Rogers woody

Singh is calling connected the national authorities to “initiate an contiguous review” of a merchantability betwixt Rogers Communications and U.S. concern absorption steadfast Blackstone.

Last week, Rogers announced Blackstone volition “acquire a non-controlling involvement successful a caller Canadian subsidiary of Rogers that volition ain a insignificant portion of Rogers wireless network” — a $7-billion equity investment.

Blackstone CEO Stephen Schwarzman, “an American billionaire, proprietor of Blackstone, has finalized a woody to bargain up Canadian telecommunications infrastructure,” Singh said.

“This is fundamentally wrong,” Singh said. “We person to support our Canadian infrastructure, particularly telecommunications. Keep it Canadian. Keep it ours, ” helium said.