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Statistics Canada Begins Major Workforce Overhaul, Cutting 850 Positions

    Statistics Canada says it will be cutting around 850 of its staff along with 12 per cent of its executive team. Statistics Canada is moving ahead with a major restructuring that will see roughly 850 jobs eliminated , including a portion of its executive ranks. The agency confirmed that it has entered a formal workforce adjustment period, with affected employees set to receive notices over the next two weeks. The cuts are part of a broader federal initiative to reduce public service spending. With more than 7,200 employees as of early 2025, Statistics Canada is among several departments facing significant downsizing as the government seeks long‑term budget efficiencies. Union representatives have raised concerns about the impact on the agency’s ability to maintain the quality and timeliness of national data. Management, however, has emphasized that voluntary departures and early retirement incentives will be used where possible to ease the transition. The announcement m...
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EU's Balancing Act: Negotiations vs. Tariffs in Trade Dispute with US

The European Union (EU) has taken a significant step in addressing trade tensions with the United States. While emphasizing its preference for negotiations, the EU has proposed its first retaliatory tariffs on U.S. imports. This move comes in response to the U.S. imposing steep tariffs on steel, aluminum, and other goods, which the EU views as unjustified and damaging.

EU Trade Commissioner Maros Sefcovic has expressed hope for a "zero-for-zero" tariff agreement, aiming to eliminate tariffs on industrial goods. However, the EU is prepared to implement countermeasures if negotiations fail to yield results. The bloc plans to impose targeted tariffs on U.S. imports, with some taking effect as early as April 15.

Despite the EU's readiness to retaliate, many member states have urged caution, highlighting the potential economic impact of escalating trade disputes. The EU's Anti-Coercion Instrument, which could target U.S. services or limit American companies' access to EU public procurement, remains a contentious option.

This delicate balancing act reflects the EU's commitment to protecting its single market while seeking a diplomatic resolution to the trade conflict.

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