In the news today: Carney meets Xi on margins of APEC in South Korea

By Canadian Press on October 31, 2025.

Here is a roundup of stories from The Canadian Press designed to bring you up to speed…

Carney, Xi meet on sidelines of APEC summit in South Korea

Prime Minister Mark Carney is meeting with Chinese President Xi Jinping today on the sidelines of the Asia Pacific Economic Cooperation forum in South Korea. Carney told Xi that “distance is not the way to solve problems” as they sat down together, the first meeting between leaders of the two countries since 2017. The meeting comes as Ottawa shifts from branding China as a “disruptive global power” three years ago, to calling it a strategic partner in a turbulent world. Carney has faced pressure from some premiers to drop the 100 per cent tariffs on Chinese electric vehicles. Beijing says it needs that to end its retaliatory tariffs on Canadian canola products, seafood and pork products.

Trump’s bus tariff ‘big problem’ for mayors

Mayors across Canada are in for a scare – but not until Halloween is over. A transit advocacy group is warning that a new 10 per cent U.S. tariff on buses comes into effect on Saturday and will hit the budgets of cities across North America – and eventually the wallets of residents and riders as well. Like the Canadian auto sector, the bus manufacturing industry is highly integrated between the two countries, with parts crossing the border multiple times. Josipa Petrunic – who heads a Canadian urban transit advocacy group – says it will take a while for the costs to filter down to Canadians. The Federation of Canadian Municipalities says it is “deeply concerned” about the tariff, adding it will “directly affect Canadians by driving up the cost of public transit” and “threaten thousands” of manufacturing jobs.

Here’s what else we’re watching…

Rain, wind on tap for Halloween in Atlantic Canada

As Hurricane Melissa churns toward Newfoundland, another storm is set to bring rain and wind to the Maritimes for Halloween. Heavy rains and high winds are expected in parts of the western Maritimes beginning on Friday morning, said Bob Robichaud, a warning preparedness meteorologist with the Canadian Hurricane Centre. The system should move across the region during the day, bringing the rain to Prince Edward Island and eastern Nova Scotia by the time children are ready to head out for trick or treating, he said in an interview Thursday. Environment Canada has issued rainfall warnings for the Atlantic coast of Nova Scotia, from Yarmouth to Ecum Secum, on Friday.

Toronto preps for possible Jays World Series win

The City of Toronto and Blue Jays fans are gearing up for buzzing crowds to fill the streets tonight as the team looks to win the World Series for the first time in more than 30 years. The visiting Blue Jays defeated the Los Angeles Dodgers 6-1 on Wednesday, giving the Jays a 3-2 series lead heading into Game 6. The Jays will now look to hoist the Commissioner’s Trophy in front of a sold-out crowd at Toronto’s Rogers Centre and millions of fans watching across Canada tonight, with Game 7 set for Saturday if necessary. The city will host a free public watch party at Nathan Phillips Square for Game 6, which coincides with Halloween festivities, and Game 7 if necessary.

MEG Energy vote on Cenovus deal postponed

A MEG Energy Corp. shareholder vote on the proposed takeover by Cenovus Energy Inc. has been delayed another week. MEG board chair James McFarland twice paused the meeting Thursday to address a last-minute “regulatory inquiry” before adjourning it until Nov. 6. It’s the latest twist in a bitter months-long takeover fight that pitted oilsands giant Cenovus against smaller rival bidder Strathcona Resources Ltd. Strathcona dropped its all-stock bid earlier this month and on Monday pledged it would vote its 14 per cent stake in MEG in favour of a sweetened offer from Cenovus.

This report by The Canadian Press was first published Oct. 30, 2025.

The Canadian Press

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