Carney wraps Davos trip; watchdog says cyberspy agency breached law
A roundup of national headlines: Mark Carney ends a nine-day investment tour in Davos, a federal cyberspy agency is flagged for breaching restrictions, and other top stories across Canada.
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By Torontoer Staff
Prime Minister Mark Carney ended a nine-day world tour in Switzerland today, concluding a trip aimed at attracting foreign investment that included stops in Beijing and Qatar. Other national developments include a watchdog finding that a federal cyberspy agency ran afoul of rules, an integrity office seeking urgent funding, and a ski-resort closure threatening tourism in Charlevoix.
Carney concludes nine-day investment tour in Davos
Carney wrapped up the tour at the World Economic Forum in Davos, where he met investors and joined a leaders' lunch before returning to Ottawa. The trip began in Beijing, where officials secured reduced agricultural tariffs from China in exchange for expanded access for Chinese electric vehicles. In Qatar, Carney sought investment in large projects and pledged to strengthen cultural ties by expanding direct flights between Canada and Qatar.
Intelligence watchdog finds cyberspy agency violated law
The National Security and Intelligence Review Agency reported that the Communications Security Establishment breached a legal restriction when it analysed information from an electronic device in a way that focused on Canadians. The report examined how CSE and the Canadian Security Intelligence Service share information and carry out joint activities.
CSE gathers foreign intelligence and defends Canada against cyberthreats using advanced technology. CSIS handles investigations into threats such as espionage, terrorism and foreign interference. The NSIRA review did not recommend criminal charges, but the finding raises questions about oversight and compliance with safeguards intended to protect Canadians' privacy.
Integrity watchdog seeks urgent funding to handle rise in whistleblower cases
Public Sector Integrity Commissioner Harriet Solloway has asked the federal government for a one-time $6.7 million top-up and roughly $14.3 million in annual funding. In a letter to Treasury Board President Shafqat Ali, she warned that the whistle-blowing regime is at risk unless resources are increased to meet demand.
The office is facing unprecedented numbers of allegations of wrongdoing and reprisal against whistleblowers.
Harriet Solloway, Public Sector Integrity Commissioner
Solloway says the additional funds are needed to allow the office to investigate complaints from public servants who allege evidence of wrongdoing, or who claim reprisals after coming forward or participating in investigations.
JPMorgan touts bond-by-bond research on Canadian road show
JPMorgan Asset Management is emphasising its in-house research as it promotes offerings in Canada. Shayan Hussain, head of U.S. investment specialists for global fixed income, currency and commodities, said the firm spends about US$500 million a year on research and evaluates investments on a bond-by-bond basis.
Hussain is on a six-city road show in Canada this week. He said rigorous, granular research is particularly important given geopolitical tensions and global economic uncertainty, and the firm aims to expand its presence in the Canadian market.
Bail hearing continues in alleged laundering tied to 'Wedding' network
Lawyers are making submissions at a bail hearing for Rolan Sokolovski, an Ontario jeweller and former professional poker player accused of laundering hundreds of millions of dollars for an international drug smuggling ring. Sokolovski is seeking release ahead of an extradition hearing.
U.S. authorities allege Sokolovski acted as the de facto bank for a criminal enterprise led by fugitive Ryan Wedding, overseeing bookkeeping and laundering proceeds through his jewellery business, Diamond Tsar. He is one of eight Canadians arrested in November as part of the ongoing investigation.
Le Massif closure threatens winter tourism in Charlevoix
The sudden closure of Le Massif de Charlevoix over a labour dispute has put the winter season at risk for local businesses that depend on skiing traffic. The union representing roughly 300 workers launched a strike on Jan. 2, and after contract offers were rejected, the resort cancelled the rest of the ski season.
Ninety-nine per cent of our revenue here comes from tourism. The closure is having an impact on the entire region.
Serge Bilodeau, mayor of Petite-Rivière-St-François
Le Massif is a major draw northeast of Quebec City and a key economic engine for the Charlevoix region. The loss of seasonal business threatens hotels, restaurants and other employers that count on skier visits for most of their annual income.
The Canadian Press first published these reports on Jan. 21, 2026. We will update this roundup as developments occur and more details become available.
CanadaMark CarneyCSENSIRACharlevoix
