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Stephen Harper

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  • OTTAWA, March 18- Canada's straight-talking finance minister, Jim Flaherty, is stepping down after eight years overseeing an economy that fared better than most in the global financial crisis but before he reached his goal of balancing the government's books.

  • OTTAWA, March 18- Finance Minister Jim Flaherty, who helped Canada emerge from the recent recession in better shape than most rich countries, resigned from politics on Tuesday after recording the third longest stint in the portfolio in the country's history.

  • TORONTO, March 11- A new free trade agreement with South Korea will throw a wrench into Canada's auto sector recovery, union leaders and an automaker warned on Tuesday, highlighting the pressure on an industry already struggling with competition from Mexico.

  • TORONTO, March 11- A new free trade agreement with South Korea will throw a wrench into Canada's auto sector recovery, union leaders and an automaker warned on Tuesday, highlighting the pressure on an industry already struggling with competition from Mexico.

  • OTTAWA, March 11- Canada and South Korea announced on Tuesday they had wrapped up talks on a long-delayed free trade deal which had stalled for years amid squabbles over exports of autos and beef. Canada's Trade Ministry says exports to South Korea in 2012 were worth C $3.7 billion while imports from South Korea hit C $6.4 billion.

  • Canada says won't recognize a referendum in Crimea Thursday, 6 Mar 2014 | 12:34 PM ET

    OTTAWA, March 6- Canada will not recognize any referendum held in the Ukrainian peninsula of Crimea as long as Russia maintains its "illegal military occupation" there, Prime Minister Stephen Harper said on Thursday. "Russia's invasion of Ukraine is an act of aggression, a clear violation of Ukraine's sovereignty, and of international law.

  • OTTAWA, March 5- Canada will impose economic sanctions on those who worked for ousted Ukrainian President Viktor Yanukovich, Prime Minister Stephen Harper said on Wednesday. Harper has been a particularly strong critic of Russia's actions in Ukraine. Last week Austria, Switzerland and Liechtenstein said they were taking similar steps against 18 Ukrainians.

  • WRAPUP 5-Russia rebuffs West on Crimea amid Paris talks Wednesday, 5 Mar 2014 | 11:13 AM ET

    PARIS/ KIEV, March 5- Russia rebuffed Western demands to withdraw forces in Ukraine's Crimea region to their bases on Wednesday amid a day of high-stakes diplomacy in Paris aimed at easing tensions over Ukraine and averting the risk of war.

  • OTTAWA, March 4- The Group of Seven leading industrialized nations are discussing whether to hold a meeting in the near future, Canadian Prime Minister Stephen Harper said on Tuesday, a move that would pointedly exclude Russia. Harper, who did not give further details, has been particularly critical of Russia over the actions of its armed forces in Ukraine.

  • OTTAWA, March 4- The Group of Seven leading industrialized nations are discussing whether to hold a meeting in the near future, Canadian Prime Minister Stephen Harper said on Tuesday, a move that would pointedly exclude Russia. The G7 became the G8 in 1998 when Russia was formally included.

  • WASHINGTON, March 3- Washington is weighing an array of economic weapons to penalise Russia for its armed intervention in Ukraine, from asset freezes to expelling Moscow from the G8 group of states, but may find Europe more reluctant to resort quickly to sanctions.

  • U.S. and EU marshal economic tools to punish Russia Monday, 3 Mar 2014 | 9:08 PM ET

    WASHINGTON, March 3- The United States has a number of economic weapons to punish Russia for its military intervention in Ukraine, ranging from asset freezes to kicking Moscow out of the exclusive G8 group of countries, and President Barack Obama is focusing first on measures that would not require congressional action.

  • MELBOURNE, Feb 25- Canada's Finance Minister Jim Flaherty has not yet decided whether to run for office again in the 2015 general election, he told Reuters on Tuesday, amid speculation he may step down before then to attend to health issues.

  • WASHINGTON, Feb 19- A Nebraska court on Wednesday voided the governor's decision to allow the Keystone XL pipeline to pass through the Midwestern state, creating another snag for the controversial project to link Canada's oil sands with refineries in Texas.

  • WASHINGTON/ MEXICO CITY, Feb 17- North America's three leaders will discuss a controversial pipeline project that would transport Canadian crude deep into the United States at a trade summit this week, Mexico's top diplomat said on Monday, adding he does not see it as a competitive threat.

  • CALGARY, Alberta, Feb 14- A second Canadian pipeline project to the United States is now facing delays as operator Enbridge Inc awaits a U.S. presidential permit, a development that may strain prices for Alberta oil sands crude and relations between the two countries.

  • OTTAWA, Feb 11- Canada's Conservative government looks set to comfortably balance its books in 2015 or even sooner, its latest budget showed on Tuesday, with cuts in spending on the public service more than offsetting a series of modest new expenditures.

  • PREVIEW-Canada budget to favor restraint over stimulus Monday, 10 Feb 2014 | 11:29 AM ET

    Finance Minister Jim Flaherty is eager to eliminate the government's relatively small budget deficit and restore the reputation Canada had before the financial crisis as having the strongest fiscal record in the Group of Seven major economies.

  • TORONTO, Feb 5- Canadian National Railway Co reached a deal on Wednesday to avert a strike by conductors and yard workers after the Conservative government said it would use back-to-work legislation to keep the country's biggest railway operating.

  • CALGARY, Alberta, Jan 31- The U.S. State Department is poised to issue an environmental review of the proposed Keystone XL oil pipeline that likely will say the project will not appreciably increase carbon emissions, according to sources.