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Ottawa to announce funding for 60 national sport organizations
Ottawa to fund 60 national sport organizations
THE CANADIAN PRESS/Sammy Kogan
The federal government is set to announce funding for more than 60 national sport organizations today.
Organizations set to receive funding include Athletics Canada, Canada Basketball, the Canadian Cycling Association and Hockey Canada.
Secretary of State for Sport Adam van Koeverden will announce the funding today alongside Team Canada athletes and members of Parliament.
A government official says the funding is meant to help organizations expand participation by increasing access, building interest and delivering programming.
The federal government announced plans in its spring economic update to inject more money into Canada's national sport organizations.
That promise came after the Future of Sport in Canada Commission's final report, issued in March, found the country's sport system was facing a "funding crisis" as federal funding had not kept up with inflation.
This report by The Canadian Press was first published Oct. 22, 2026.
-With files from Nick Murray
By Catherine Morrison | Copyright 2026, The Canadian Press. All rights reserved.
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Ontario to table fall fiscal update next week with 'disciplined' spending approach
Ontario to table fall fiscal update Oct. 29
THE CANADIAN PRESS/Nathan Denette
Ontario's finance minister says he will table his government's fall economic statement next week, on Oct. 29.
Peter Bethlenfalvy announced in a breakfast speech to the Canadian Club today that the document will provide an update on the province's finances and outline the next phase of his plan.
He did not divulge any details, but says it will continue with a "focused, disciplined and responsible approach" to spending.
Ontario closed out the 2025-26 fiscal year with a $13-billion deficit, and Bethlenfalvy says today that this year's is projected to be higher, which would be in line with the spring budget forecast of $13.8 billion.
Bethlenfalvy in the 2026 budget delayed the province's path to balance, projecting it will be in the black in 2028-29.
He says today that Ontario has weathered the impacts of American tariffs better than economists had thought, but the slower economy is having an impact and leading to deficits as a necessity.
This report by The Canadian Press was first published Oct. 22, 2026.
By Allison Jones | Copyright 2026, The Canadian Press. All rights reserved.
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Carney arrives in Turkey for meetings with Turkish president, business leaders
Carney arrives in Turkey for three-day trade trip
THE CANADIAN PRESS/Adrian Wyld
Prime Minister Mark Carney arrived in Turkey on Thursday to kick off a three-day trip aimed at deepening political and economic ties with the NATO ally.
Carney is set to meet with Turkish President Recep Tayyip Erdogan in Ankara, in what the Prime Minister's Office says will be the first bilateral visit by a Canadian prime minister to Turkey.
Shortly after landing on Thursday, Carney laid a wreath at the mausoleum of Turkish founding father Mustafa Kemal Ataturk.
Joining Carney on the trip are Foreign Affairs Minister Anita Anand and Natural Resources Minister Tim Hodgson.
Senior government officials told reporters ahead of the trip that Hodgson’s presence on the trip speaks to the importance of energy projects in talks between the nations.
Canada and Turkey do about $4 billion in trade annually, and formally launched talks to pursue a free-trade pact on the sidelines of the NATO summit in Ankara earlier this year.
Carney's bid to diversify trade beyond the United States and find new global investors for Canadian infrastructure projects is well-suited to deeper ties with Turkey, said Kerim Uras, the former Turkish ambassador to Canada.
Both the Canadian and Turkish economies need alternatives to the increasingly protectionist U.S. market, Uras said.
While neither country can replace the United States with any one partner, forging connections between middle powers should be part of the path forward, he said.
"One can summarize it like the Carney doctrine meets Turkish pragmatism," said Uras, now a senior fellow at Carleton University's Centre in Modern Turkish Studies.
After meeting Erdogan in Ankara, Carney will head to Istanbul for meetings with Turkish business leaders on Friday before heading back to Canada on Saturday.
This report by The Canadian Press was first published Oct. 22, 2026.
By Craig Lord | Copyright 2026, The Canadian Press. All rights reserved.
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