CTV National News for Friday, September 4, 2026: Canada loses 42,000 jobs in August as trade tensions raise economic concerns

Trump continues to post on social media taking aim at Canada as PM Carney’s retaliatory tariffs are taking effect in just a few days; a massive storm has led to widespread destruction in Cape Breton, with emergency crews working constantly to help with the damage; some business groups say Ontario should implement a stronger labour code to prevent potential strikes form happening; and more.

A major rainstorm with high winds has caused massive damages across Cape Breton; a new survey from Nanos Research finds Canadians showing widespread support for Carney’s counter tariffs against the U.S.; Lithium-ion batteries, commonly found in e-bikes and e-scooters, continue to cause fires in major cities like Toronto; and more.

Canada's labour market lost 42,000 jobs in August, surprising economists as trade tensions with the U.S. cloud the economic outlook;  Prime Minister Mark Carney will host Canada’s biggest investment summit with a goal of securing $1 trillion in capital over five years; Rogers Stadium sustained significant storm damage, raising questions about whether the AC/DC concert on Sept. 16 can move ahead.

Toronto and southern Ontario are cleaning up after a storm brought torrential rain, hail, and ferocious winds; The Lindsay Clancy trial is prompting new conversations about postpartum psychosis and how patients and families can get support; Pioneering feminist activist and advocate for women's rights Gloria Steinem has died at 92. 

Dozens of lawsuits allege OpenAI failed to alert police about violent chat logs before the Tumbler Ridge massacre; The jury in the Lindsay Clancy murder trial remains deadlocked after five days of deliberations over the deaths of her three children; Rising oil prices tied to the Iran war are driving up pump costs as Ottawa extends its federal fuel tax pause into early 2027.

Prime Minister Mark Carney’s Liberals regained a majority in the House of Commons after sweeping three by-elections; U.S. President Donald Trump’s online attacks and criticism of Canada are being credited with shaping the federal byelection results; The Liberals’ win in Chicoutimi–Le Fjord deals a blow to the Conservatives, raising questions about Pierre Poilievre’s leadership.

August 31, 2026: The Liberals handily clinched three federal byelections, and the results will have knock-on effects for more than just Prime Minister Mark Carney.

Tensions continue to rise between U.S. and Canada after Google Maps began changing Lake Ontario to Lake America for U.S.-based users; Farmhouse Charm Candles expects to be missing out on about 20 per cent of their customers as U.S. tariffs take a toll on their business; few data from Statistics Canada finds that Canadians are avoiding the U.S., and it’s noticeably costing American businesses.

Lake Ontario’s newest piece of signage is just the latest in an ongoing trade war between Canada and the U.S.; tariffs are usually passed down to the consumer, but some Canadian businesses say they’re opting to pay extra to help their customers; dozens of Canadians are still missing after a deadly landslide in Nepal; and more.

Unifor rallies in Ottawa, urging Ottawa to protect workers and jobs amid escalating Canada-U.S. trade tensions; Canada’s economy shows strength and resilience with strong second-quarter growth, fuelled by a jump in exports and domestic investment; Ottawa says 32 Canadians are missing in Nepal after devastating floods killed at least 570 people. Genevieve Beauchemin reports on what Canada's doing to help.