In the news: Carney wraps up in Davos; Canada’s cyberspy agency in violation?

By Canadian Press on January 21, 2026.

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

Carney wraps up world tour today in Switzerland

Prime Minister Mark Carney is wrapping up his nine-day trip around the world today — a tour aimed at drumming up investment abroad that has attracted some cross-partisan criticism.

Carney is currently in Switzerland for the World Economic Forum, where he is set to meet with investors and attend a lunch with other national leaders before heading home to Ottawa this evening.

He started the trip in Beijing, where he clinched a deal to get China to lower agricultural tariffs in exchange for opening some market access for Chinese electrical vehicles.

He then went to Qatar seeking investments in major projects and promising to improve “people-to-people” cultural ties through expanding direct flights from Canada to Qatar.

Watchdog raps cyberspy agency for flouting law

The national intelligence watchdog says Canada’s cyberspy agency violated a law that forbids it from focusing on Canadians when it analyzed information from an electronic device.

The National Security and Intelligence Review Agency details the lapse in a newly released report that looked at how the Communications Security Establishment and the Canadian Security Intelligence Service work together.

The CSE uses cutting-edge technology to gather foreign intelligence in the online world and protect Canada from cyberthreats.

CSIS, meanwhile, investigates threats to Canada such as espionage, terrorism and foreign interference.

Integrity watchdog calls for urgent funding

Canada’s integrity watchdog has issued an urgent funding request to the federal government warning the “whistle-blowing regime” is at risk.

Public Sector Integrity Commissioner of Canada Harriet Solloway sent a letter to Treasury Board President Shafqat Ali last week asking for a one-time injection of $6.7 million and around $14.3 million in additional funding per year.

Solloway said the funds are needed to allow her office to deliver on its mandate. The office investigates complaints from public servants who believe they have evidence of wrongdoing, or who have suffered reprisals after coming forward or participating in an investigation of wrongdoing.

In her letter, Solloway said her office is facing “unprecedented numbers” of allegations of wrongdoing and reprisal against whistleblowers.

JPMorgan touts bond-by-bond analysis on road show

A top adviser at JPMorgan Asset Management says the firm is leaning heavily on its deep in-house research capabilities as navigates geopolitical upheaval and global economic uncertainty.

Shayan Hussain is head of U.S. investment specialists for global fixed income, currency and commodities at the investment manager, which had US$4 trillion under management globally as of last September.

He’s on a six-city Canadian road-show this week to promote JPMorgan’s offerings in Canada, which it aims to expand.

Hussain says JPMorgan spends half a billion dollars a year on research, and investments are scrutinized bond-by-bond — particularly important in today’s rocky landscape.

Bail hearing continues for accused in Wedding case

Lawyers are expected to make their submissions today at a bail hearing for an Ontario man accused of laundering hundreds of millions of dollars for an international drug smuggling ring.

Rolan Sokolovski, a jeweller and former professional poker player, is seeking to be released ahead of his extradition hearing.

Sokolovski is one of eight Canadians arrested in November as part of an ongoing investigation targeting fugitive Ryan Wedding, a former Team Canada snowboarder now allegedly running a billion-dollar drug trafficking network.

U.S. authorities allege Sokolovski served as the “de facto bank” for the criminal enterprise, oversaw its bookkeeping and laundered drug money through his jewelry business, Diamond Tsar.

Le Massif closure shakes Charlevoix winter tourism

The sudden closure of a major ski resort because of a labour dispute has thrown Quebec’s Charlevoix region into uncertainty, threatening winter-season revenues for local businesses.

“Ninety-nine per cent of our revenue here comes from tourism,” said Serge Bilodeau, mayor of Petite-Rivière-St-François, the village at the base of Le Massif de Charlevoix, a renowned ski destination offering views of the wide expanse of the St. Lawrence River.

Le Massif is a major draw for skiers and a key economic engine for the region northeast of Quebec City. “The closure is having an impact on the entire region,” Bilodeau said.

The union representing about 300 workers launched a strike Jan. 2, with wages a main point of contention during negotiations. Le Massif closed that day then partially reopened on Jan.  6 for a few days with limited operations. But after unionized employees rejected a contract and arbitration offer on Jan. 19, the resort cancelled the rest of the ski season.

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This report by The Canadian Press was first published Jan. 21, 2026

The Canadian Press

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