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U.S. Federal Reserve raises interest rates for 1st time in 3 years

The Federal Reserve said it cut rates to help bring inflation back to the central bank's two per cent target. It's the first policy shift under the new Fed chief, who took office in late May after being selected by Trump with an expectation that he would ‌cut rates. But economists say those pressures aren't hitting Canada in quite the same way, and don't put the same kind of pressure on the Bank of Canada.

CBC NewsCBC News16 Sept

Is EU’s offer to Canada a blueprint for Britain – or a reminder it is out in the cold?

Ursula von der Leyen has opened door for Canada to become associate member to deepen links in ‘openly hostile world’ Canada’s prime minister, Mark Carney, has been advocating closer alignment with “middle powers” since January in the face of recklessness in Washington. But what should worry another middle power, the UK, is that it was Brussels that came up with Wednesday’s big reveal in Strasbourg. Continue reading...

The GuardianThe GuardianLisa O’Carroll Senior correspondent16 Sept

The 28th state? Carney's Canada draws closer to European Union

With a US president who talks of making Canada the 51st state, its leader in Europe where it’s not quite the EU's 28th state on offer, but something the president of the European Commission is calling ‘associate membership’. We’ll ask what that means, how it differs from the close status afforded to the likes of Iceland, Norway, Switzerland and the UK which Carney’s also visiting ahead of his own Strasbourg speech Thursday before the European Parliament.

France 24France 24François PICARD16 Sept

Von der Leyen pitches 'associate member' status for Canada: What does it mean for EU-US ties?

European Commission President Ursula von der Leyen said on Wednesday she wanted to open the door for Canada to become the European Union's first "associate member". Earlier this week, Canada's Prime Minister Mark Carney — who was in Strasbourg to listen to von der Leyen's annual State of the Union address — said Canada was seeking a "unique alliance" with the EU, but not membership. We discuss this with our guest, Gerardo Fortuna, author of Brussels Playbook.

France 24France 24FRANCE2416 Sept