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		Start your day off right with five things you need to know this morning.
Five things you need to know
Mark Carney has said there has been a "turning point" in the China-Canada relationship after meeting with Xi Jinping in South Korea on Friday. The prime minister said he was "very pleased" with the outcome of the meeting though, as has been the case with his other meetings in Asia, it resulted in no concrete changes to the relationship.
Here are Mark Carney's full remarks at the start of the meeting with Chinese President Xi Jinping
— Mackenzie Gray (@Gray_Mackenzie) October 31, 2025
PMMC says that he welcomes the invitation to come to China from Xi and that he very much look forward to doing so, adding that "distance is not the way to solve problems" #cdnpoli pic.twitter.com/FR4AclOD5R
The leader of the opposition, meanwhile, has been speaking with, and to, younger Canadians, telling students at an event in Toronto on Thursday that youth "have already sacrificed enough" and are being betrayed by the Liberal Party. Pierre Poilievre referenced a recent speech made by Carney at the University of Ottawa, in which the prime minister warned of sacrifices Canadians will have to make in the upcoming budget.
Young Canadians have ‘already sacrificed enough,’ Poilievre says in counter-speech to Carney https://t.co/VW2EwVX6p9
— CTV News (@CTVNews) October 31, 2025
India has joined China in slapping a tariff on Canadian yellow peas, though at 30 per cent rather than 100 per cent. India said the levy will be put on all imported yellow peas as of Nov. 1, prompting Saskatchewan's Agriculture Minister Daryl Harrison to call on Ottawa to negotiate with India to obtain a reprieve. "These trade disruptions impact the entire supply chain and are having immediate consequences for producers, business and jobs," he said, adding that China and India represent 71 per cent of Canada's pea exports.
Very concerning to hear about new tariffs imposed on yellow peas by India today.
— Scott Moe (@PremierScottMoe) October 30, 2025
Our government took immediate action to ask the federal government to act swiftly to ensure the removal of these tariffs. pic.twitter.com/BfusOgqf3S
Big cities across North America are in for a price shock due to Donald Trump's 10 per cent tariff on buses, according to the Canadian Urban Transit Research & Innovation Consortium. The group said the extra costs imposed by the tax will upend city budgets across the continent, potentially hitting property taxes and transit fees. CEO Josipa Petrunic added: "If every mayor in North America is not peeing themselves right now, they really should be."
Trump's 10% bus tariffs are about to pinch city budgets across North Americahttps://t.co/OTTebgCbpD
— Barrie 360 (@Barrie360) October 31, 2025
Energy Minister Tim Hodgson has been put in charge of Canadian-led talks to create a G7 critical minerals alliance designed to secure vital materials whose production is currently monopolized by China. The pact "demonstrates that competitiveness and conscience can – and must – coexist," according to Hodgson, who is hosting the event in Toronto.
G7 ministers looking to Canada for critical minerals despite China deal https://t.co/2AjCqJhPp1 pic.twitter.com/QoRbTxfW4U
— National Post (@nationalpost) October 30, 2025