πŸ‡¨πŸ‡¦ Canadian Politics

May 11th, 2026

Today's top 2 stories, curated by Daily Direct.

Globe and Mail

Senate bill proposes giving Ottawa the power to confiscate Russian state assets

Canada is moving toward legislation that would grant Ottawa the authority to seize Russian state assets, a significant escalation in economic pressure on Moscow. Bill S-214 hands the incoming Carney government a high-stakes decision with broad geopolitical implications. Analysts warn the move could trigger retaliation and send a chilling signal to foreign sovereign wealth funds weighing investments in Canada.

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CBC Politics

Farmers confront rising cost of fertilizer and fuel as spring seeding underway

Farmers are heading into spring seeding season under serious financial pressure, with surging fuel and fertilizer costs cutting into margins before a single crop is harvested. The pain extends beyond this year β€” many producers will soon be locking in purchases for the 2027 crop year, meaning elevated input costs could compound across multiple growing seasons. For an industry already navigating tight margins, the timing could not be worse.

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