Service Canada has been holding off on mailing out 85,000 passports due to the labour dispute at Canada Post. Employment and Social Development Canada said that "in anticipation of a potential labour disruption," Service Canada stopped mailing passport ...

The Canadian Union of Postal Workers said progress was made due in part to the presence of Ottawa's top mediator, Peter Simpson, appointed to the task last week.

Inflation in Canada rose by more than forecast and underlying price pressures reaccelerated, hiccups that may dissuade policymakers from a second straight 50 basis-point cut to interest rates next month.

Canada's annual inflation rate accelerated more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on Tuesday, shrinking market bets for a bigger rate cut next month.