As expected, Bank of Canada holds interest rate steady at 5%

OTTAWA – Prime Minister Justin Trudeau has extended congratulations to Donald Trump on his re-election as president of the United States.

Trump staged a major political comeback, securing the necessary 270 electoral college votes to win the presidency in the early hours of Wednesday morning.

This concludes a turbulent campaign for Trump, which included being convicted of 34 felonies in a hush-money case and two assassination attempts.

“On behalf of the government of Canada, I congratulate Donald Trump on being elected as President of the United States of America for a second term, and Senator JD Vance for his election as Vice-President of the United States,” Trudeau said in a statement.

“Canada and the U.S. have the world’s most successful partnership. We are neighbours and friends, united by a shared history, common values, and steadfast ties between our peoples. We are also each other’s largest trade partners and our economies are deeply intertwined.”

Trudeau added that in Trump’s first term, the two nations along with Mexico successfully negotiated the Canada-U.S.-Mexico free trade agreement. Trudeau stressed the multi-billion dollar value of cross-border trade.

That trade deal is up for review in 2026, and Trump has promised to introduce a universal 10-per-cent tariff on all American imports.

Foreign Affairs Minister Mélanie Joly also shared her congratulations on the social media platform X.

“Canada and the U.S. are friends, neighbours and allies — deeply connected through our economies and our people,” she wrote.

“Together, we’ll focus on investment, growth and global peace and security.” Canada’s ambassador to the U.S. Kirsten Hillman also extended congratulations to Trump and his running mate JD Vance.

“We have the great fortune of being neighbours, and the U.S. has no closer partner and ally than Canada. Looking forward to working together toward a more prosperous and secure future,” she said in a statement.

The Canadian Press. All rights reserved.

WASHINGTON – Donald Trump clinched the United States election after a tumultuous campaign as Canadians officials espoused the important relationship between neighbours in congratulations to the former president on his extraordinary comeback.

“I will govern by a simple motto: promises made, promises kept,” Trump said to cheering party faithful at a Florida watch party.

Trump was elected the 47th president of the U.S. amidst a deeply divided America by prevailing among voters in the key battleground states.

Tuesday’s election saw Trump post early wins in critical states by taking North Carolina and Georgia. His path to victory became clear when he won the campaign’s most sought after 19 electoral college votes in Pennsylvania.

Vice-President Kamala Harris did not appear at her election night party at her alma mater Howard University in Washington.

Top aides told the audience that Democrats would continue overnight to fight to make sure that every vote is counted.

However, with a win in Wisconsin, Trump cleared the 270 electoral votes needed to clinch the presidency early Wednesday morning.

The Republicans also looked to take control of the U.S. Senate after flipping several Democrat seats. Results for control of the House of Representatives remained undecided.

Prime Minister Justin Trudeau congratulated Trump on seizing a second term in office. He said Canada and the U.S. have the world’s most successful partnership.

“The friendship between Canada and the U.S. is the envy of the world,” he said on X. “I know President Trump and I will work together to create more opportunity, prosperity, and security for both of our nations.”

In a statement, Trudeau said the two countries are “neighbours and friends, united by a shared history, common values, and steadfast ties between our peoples.”

“We are also each other’s largest trade partners and our economies are deeply intertwined.”

Canada will not be able to escape the geopolitical pull from the change in administration of its closest neighbour.

Trump has proposed 10 per cent across-the-board tariffs, making the duties the centrepiece of his platform. A Canadian Chamber of Commerce report suggests those tariffs would shrink the Canadian economy, resulting in around $30 billion per year in economic costs.

“I would say it’s code red in Canada-U.S. relations,” said Fen Hampson, a professor of international affairs at Carleton University in Ottawa and co-chair of the Expert Group on Canada-U.S. Relations.

Hampson said Canada should not panic but must be prepared to double-down on efforts to build relationships with U.S. lawmakers at all levels and move away from strategies of quiet diplomacy.

Canadian officials have been reaching out to members of the Republican leader’s team for months ahead of the election, making clear the importance of the bilateral relationship.

Kirsten Hillman, Canada’s ambassador to the U.S., also sent her congratulations to Trump and his running mate JD Vance.

“We have the great fortune of being neighbours, and the U.S. has no closer partner and ally than Canada,” Hillman posted on social media. “Looking forward to working together towards a more prosperous and secure future.”

The first Trump administration demonstrated how vulnerable Canada can be when the former president scrapped the North American Free Trade Agreement.

Negotiating its successor, the Canada-U.S.-Mexico Agreement, was a key test for Ottawa after Trump’s 2016 victory. The trilateral agreement will come under review in 2026.

Trump is the first former president to return to power since Grover Cleveland regained the White House in the 1892 election. He is the first person convicted of a felony to be elected president and, at 78, is the oldest person elected to the office. Vance will become the highest-ranking member of the millennial generation in the U.S. government.

But right up to the moments Americans cast their ballots, polls showed the race was razor-thin.

The tumultuous campaign season saw Biden remove himself from the top of the Democrats’ ticket following a disastrous debate performance against Trump. The party quickly rallied support around Harris a little more than three months before election day.

The vice-president’s campaign kicked off with the idea of joy and charting a new path forward, but Harris was never able to fully shake off the criticism from many Americans about immigration, inflation and the economy directed at Biden’s administration.

This report by The Canadian Press was first published Nov. 6, 2024.

— With files from The Associated Press

MONTREAL – Matt Coronato scored the game-tying goal and the overtime winner in a dramatic finish, but video coach Jamie Pringle was the hero on Tuesday night.

Before Coronato powered a Calgary Flames comeback, Brendan Gallagher appeared to give the Montreal Canadiens 3-1 lead with 8:24 remaining in the third.

Pringle, however, instantly flagged the goal for offside. Then the Flames challenged successfully, and Coronato did the rest as Calgary flipped the script and won 3-2 in overtime.

“I was just saying that a post is normally a goalie’s best friend, but I think the video coach is now number two,” Flames netminder Dustin Wolf said.

Canadiens forward Josh Anderson had set up Gallagher on an odd-man rush, though it was unclear in real-time if Anderson had full control of the puck when he entered the Flames’ zone backward.

The Bell Centre’s roof nearly blew off with Canadiens fans celebrating like it was a sure thing, but Pringle thought otherwise.

“We’ve always been confident in Jamie,” Flames head coach Ryan Huska said. “He’s the best guy in the league. So another situation where he flashed it up, challenge right away.

“We don’t get this win if it’s not for the courage that he showed. You have a great guy in that chair for a reason. And Jamie did a great job for us, keeping us in this game tonight.”

Pringle, a 49-year-old from Picton, Ont., who’s also known as “Chips,” is in his 14th season with the Flames.

And it wasn’t the first time he played a crucial role in a victory this season.

In Calgary’s 4-1 win over the Edmonton Oilers on Oct. 13, the video coach successfully challenged two goals, including one Corey Perry deflection that the hockey world was convinced should have counted.

Pringle made the snap decision anyway, even though a failed challenge would put his team on the penalty kill.

“He’s hot this year,” forward Blake Coleman said. “You know what? He needed to redeem himself after a tough last year. We had some good chats down the stretch, and he’s been on fire.

“I’d say of all the guys on our team, he’s probably the one who hasn’t missed a night so far.”

Coronato showed up at the right time on Tuesday.

The 21-year-old winger tied the game with 2:46 remaining in regulation when he cruised into the slot and went off the post and in. He then buried the winning goal seven seconds into the extra period, coming one second shy of tying the fastest OT goal in NHL history.

“He’s remarkable. He’s had so many chances to score, and he’s kind of been snaked bit a few times,” Wolf said. “To see him score on two unbelievable shots, that’s a scouting report on him, his shot’s lethal.”

“The kid can shoot it,” Coleman added. “Couple big ones.”

Coronato, a 13th overall pick in the 2021 NHL draft, spent most of last season in the American Hockey League with the Calgary Wranglers.

This season, he’s played two games in the AHL and eight in the NHL. And with performances like Tuesday’s, he can expect plenty more in the big leagues.

“Sometimes with younger players, you put them in the American League for a bit and it’s hard on them,” Huska said. “There’s a long-term plan for sure. We know how good he’s going to be for us. We just want to make sure that we are putting him in situations that he’s going to be ready for and be able to have success.

“He’s done an excellent job of preparing himself to play, and we saw the result of his effort tonight.”

The Flames (7-5-1) picked up their second win in seven games to kick off a three-game road trip. Meanwhile, the Canadiens (4-7-2) dropped their fourth in a row ahead of four games away from home.

“We didn’t throw up on ourselves tonight, but we still feel a bit sick to our stomachs,” head coach Martin St. Louis said, referencing a post-game assessment he delivered after a 6-3 loss last week in Washington.

The Canadiens didn’t paint a picture of doom and gloom in the dressing room despite coming a couple minutes shy of securing two points and snapping their skid, but St. Louis said his players should leave this game “hungry” to get in the win column.

“If I was in their shoes, I’d wish we played tomorrow,” he said. “That’s what I would want to feel like. That’s what I want to be like.”

This report by The Canadian Press was first published Nov. 5, 2024.