Prime Minister Mark Carney met with Chinese President Xi Jinping today during the Asia Pacific Economic Cooperation (APEC) forum in South Korea. This marks the first meeting between leaders of Canada and China since 2017. During their discussion, Carney emphasized that “distance is not the way to solve problems.” The meeting reflects a shift in Canada’s approach to China, moving from labeling it a "disruptive global power" three years ago to recognizing it as a strategic partner amid global challenges. Carney is under pressure from some provincial leaders to reconsider the 100 percent tariffs imposed on Chinese electric vehicles. In response, Beijing has indicated that it requires the removal of these tariffs to lift its retaliatory tariffs on Canadian canola, seafood, and pork products. In other news, mayors across Canada are bracing for the impact of a new 10 percent U.S. tariff on buses, which takes effect on Saturday. A transit advocacy group warns that this tariff will strain city budgets across North America and ultimately affect residents and transit riders. Josipa Petrunic, head of the Canadian urban transit advocacy group, stated that the costs will take time to reach Canadians. The Federation of Canadian Municipalities expressed deep concern, stating that the tariff will “directly affect Canadians by driving up the cost of public transit” and could “threaten thousands” of manufacturing jobs. Meanwhile, Hurricane Melissa is approaching Newfoundland, bringing concerns of rain and wind to the Maritimes just in time for Halloween. Bob Robichaud, a meteorologist with the Canadian Hurricane Centre, noted that heavy rains and high winds are expected to begin Friday morning. The storm is anticipated to reach Prince Edward Island and eastern Nova Scotia by the time children head out for trick-or-treating. Environment Canada has issued rainfall warnings for the Atlantic coast of Nova Scotia, from Yarmouth to Ecum Secum. In Toronto, excitement is building as the Blue Jays aim for their first World Series win in over 30 years. After defeating the Los Angeles Dodgers 6-1 on Wednesday, the Jays lead the series 3-2 heading into Game 6. The city is preparing for large crowds as fans gather at Rogers Centre and Nathan Phillips Square for a public watch party, coinciding with Halloween festivities. If necessary, Game 7 is scheduled for Saturday. Lastly, a shareholder vote regarding MEG Energy Corp.'s proposed takeover by Cenovus Energy Inc. has been postponed for another week. MEG board chair James McFarland paused the meeting to address a last-minute regulatory inquiry, rescheduling it for November 6. This delay adds another chapter to the ongoing takeover battle between Cenovus and rival bidder Strathcona Resources Ltd., which recently withdrew its all-stock bid but pledged to support Cenovus's offer with its 14 percent stake in MEG.
Carney Meets Xi at APEC Summit in South Korea
 Canada News10 hrs ago
 Canada News10 hrs ago
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