Political Press

Political news and analysis for Canadians

Page 8 of 31

Norway’s sovereign wealth fund to reduce U.S. Treasury holdings

September 4, 2026 /

Norway’s mammoth $2.3 trillion wealth fund wants to cut its holdings of government bonds, chiefly U.S. Treasury bonds, as they seek to add other types of assets such as mortgage-backed securities.

The heads of Norges Bank Investment Management recommended reducing the government bond holdings from 70% to 50% — a level that would provide sufficient liquidity during market turbulence while allowing it to seek greater returns elsewhere.

CNBC: World’s biggest sovereign wealth fund plans to cut U.S. Treasury holdings

Canada won’t rush decision on F-35 fighters

September 3, 2026 /

Defence Minister David McGuinty says the federal government is still assessing all options as it weighs whether to proceed with the planned purchase of F-35 fighter jets from the U.S.

Ottawa has committed to buying 16 of the fighter aircraft to replace the country’s fleet of CF-18 Hornets.

Prime Minister Mark Carney ordered a review of the contract for the remaining 72 aircraft after the U.S. first announced tariffs on Canadian goods early last year.

Continue reading

Cuba announces free-market reforms amid American pressure

September 3, 2026 /

Cuba unveiled regulations on Thursday aimed at attracting foreign investment, trade and tourism to the Caribbean island as it continues to adopt free-market ​reforms under heavy pressure from the U.S. and the resulting crippling economic crisis.

The country’s Gaceta, ‌or national registry, published 34 pages of new rules and law changes that, at least on paper, make the island’s white-sand beaches, workers and real estate more accessible to ​foreign and national investors.

Continue reading

Israeli minister outlines plan for removal of all Palestinians from Gaza

September 3, 2026 /

Israel’s far-right national security minister has set out a plan for the illegal forced expulsion of all Palestinians from the Gaza Strip, with the intention of sending them abroad.

Speaking in the run-up to close-fought Israeli elections, Itamar Ben-Gvir said the plan aimed to remove 250,000 Palestinians from Gaza in the first year, followed by the rest of its population of roughly 2 million over the next six years.

“It’s realistic,” Ben-Gvir said, claiming there were countries that were “ready” to take in Palestinians from Gaza, without naming which ones.

The Guardian: Far-right Israeli minister outlines plan for removal of all Palestinians from Gaza

PM Carney announces $4.7-billion deal to manufacture 313 new passenger rail cars for VIA Rail

September 3, 2026 /

In Thunder Bay, Ontario, Prime Minister Mark Carney today announced that, for the first time in four decades, VIA Rail passenger cars will be built in Canada. The federal government is investing more than $4.7 billion for VIA Rail to acquire and maintain 313 new passenger rail cars from Alstom Canada.

The new passenger rail cars will be manufactured and assembled in Thunder Bay, Ontario, and La Pocatière, Québec, with design and engineering work taking place in Saint-Bruno-de-Montarville, Québec.

This is the largest investment in VIA Rail’s history and in Canadian intercity passenger rail in a generation. It will support nearly 700 good jobs in Ontario and Québec, and generate more than $1.6 billion in economic benefits.

{In the above video, Prime Minister Carney starts speaking at about 7m:15s}

The American Venezuela oil deal is bold and ugly

September 3, 2026 /

Eight months ago, when Trump had Mr. Maduro snatched by special forces and dumped in a Brooklyn jail, Venezuelans cheered. Now Mr Trump has made a deal with the ex-despot’s deputy, Delcy Rodríguez, that both sides say will revive Venezuela’s oil industry. Mr Trump called it the “BIGGEST OIL DEAL IN WORLD HISTORY”. He crowed that it would give energy security to the U.S. (after his war of choice in Iran interrupted global supplies). The deal is certainly bold. But it is also ugly.

Continue reading

Maine governor doesn’t want Canadians to think her state is ‘the enemy’

September 3, 2026 /

“We miss you guys. We miss you at Old Orchard Beach and Kennebunkport and Ogunquit and Bar Harbor and all up and down the coast,” Maine’s governor Janet Mills said.

Asked about Canada’s recent decision to remove seafood from the list of counter-tariffs coming into effect next week, Mills said she wanted to thank whoever made that call.

“There’s not a lot I can do to have an influence over Donald Trump. I don’t think he especially likes me either,” Mills said.

CBC News

« Older posts Newer posts »

Slava Ukraini!

Made in Canada

PoliticalPress.ca offers up an aggregation of news, insights, and analysis focusing on Canadian politics and world events. It gets straight to the point, it’s relevant, frequently updated, multi-sourced, and all in one place.

© 2026 Political Press

Theme by Anders Noren — Up ↑