U.S. President Donald Trump’s on-again, off-again threat to impose damaging tariffs on Canada are off again — at least, for the next 30 days. Following a phone conversation Monday afternoon, Prime Minister Justin Trudeau announced that Trump is pausing the threatened 25 per cent tariffs on most Canadian goods that was set to take effect … Read more
U.S. President Donald Trump’s tariffs have fuelled a surge in people vowing online to “Buy Canadian.” And while experts say there are ways to find alternatives to the big U.S. brands, there may still be some difficulty. The push to buy domestically ramped up after Trump announced his long promised 25 per cent tariff on … Read more
The battle lines have been drawn in a growing feud between Amazon and workers in Quebec as the union prepares to announce a lawsuit in retribution to the company’s province-wide facility closures. Story continues below advertisement On Jan. 22, the U.S. e-commerce giant said it will close all seven of its facilities in Quebec over … Read more
As Canada braces for a trade war spurred by 25 per cent tariffs from the United States, there is a growing push to “buy Canadian” to support the local economy. But looking at labels might feel confusing — what does it mean if something is “Made in Canada” vs. a “Product of Canada?” Prime Minister … Read more
The looming trade war between Canada and the United States was raising alarm throughout the Atlantic provinces on Monday as various economic players in the region calculated the financial toll of U.S. President Donald Trump’s decision to impose hefty tariffs. In Newfoundland and Labrador, the executive director of the Association of Seafood Producers said the … Read more
U.S. President Donald Trump’s tariffs on Canada, and Canada’s retaliatory measures, could be the most “significant trade shock” that Canada has suffered in nearly 100 years, economists say. So does that mean a recession is inevitable? A Royal Bank of Canada report on Sunday compared the trade shocks from Trump’s tariffs to the ones caused … Read more
Manitoba’s business community is weighing in on the potential impacts of the Canada-U.S. trade war. The situation began in earnest Saturday, when U.S. President Donald Trump signed an executive order imposing tariffs on Canadian goods, set to take effect Tuesday. Later that day, Prime Minister Justin Trudeau announced counter-tariffs — to the tune of $155 … Read more
As U.S. President Donald Trump and Elon Musk take aim at Canada, some high-level observers are calling on the federal government to consider sanctioning or even banning corporations owned by those close to Trump — much as it did with Russian oligarchs after the invasion of Ukraine. “We better have a report coming up on American interference,” former foreign affairs minister Lloyd Axworthy said at a recent panel discussion. He told the Jan. 27 event held by … Read more
European leaders were bracing for U.S. tariffs on Monday after United States President Donald Trump imposed sweeping levies on Mexico, Canada and China that will affect billions of dollars worth of trade, roiling global markets and currencies. Trump said the tariffs against the three largest U.S. trading partners, which take effect on Tuesday, might cause Americans some short-term … Read more
With both Canada and the United States set to implement tariffs on each other’s goods, there is some relief for Canada’s energy sector. Many Canadian products will be slapped with a 25 per cent tariff on Tuesday. Industry experts say the lower 10 per cent tariff proves how Alberta’s oil and gas is crucial for … Read more