5 h. ago Budget 2025: Province ups contingency to deal with potential impacts of U.S. tariffs on farmers, ranchers

Tariffs would have 'uneven' impacts on the agriculture sector, according to Alberta government documents, with the potential for them to hit both cattle producers and crop farmers

Economics

5 h. ago Alberta Budget 2025: Province ups contingency to deal with potential impacts of U.S. tariffs on farmers, ranchers

Tariffs would have 'uneven' impacts on the agriculture sector, according to Alberta government documents, with the potential for them to hit both cattle producers and crop farmers

Economics

6 h. ago Alberta Budget 2025: Housing market still a ‘bright spot,’ but looming Trump tariffs will significantly impact province

There’s just no escaping tariff talk in Alberta’s 2025 budget, but the government expects the province’s housing market to be a “bright spot” in the year ahead.  Finance Minister Nate Horner praised the work of Alberta homebuilders, saying they “performed better than every other jurisdiction,” which is helping improve Alberta’s housing supply.  “Alberta’s housing market […]

Economics

7 h. ago U.S. tariffs pose more risk to provinces than Canada’s credit, analysts say

Ratings agencies said some provinces were more at risk from the potential March 4 tariffs due to their disproportionate exposure to U.S. exports or weaker financial positions.

Economics

18 h. ago Atlantic Provinces Trucking Association warns of ‘devastating’ impacts from U.S. tariffs

As Canada braces for potential U.S. tariffs, the Atlantic Provinces Trucking Association is raising concerns about how this could impact an already struggling industry.

Economics

18 h. ago Truckers and tariffs: Atlantic Canadian drivers could face ‘devastating’ impacts

As Canada braces for potential U.S. tariffs, the Atlantic Provinces Trucking Association is raising concerns about how this could impact an already struggling industry.

Transport

29 h. ago Edmonton expected to weather tariff impacts better than other cities, but ripple effects remain

Edmonton exports approximately $14 billion in goods to the U.S. annually, accounting for 9.7 per cent of the city's GDP.

Economics

53 h. ago Spectre of Trump tariffs already impacting Calgary businesses, say advocates

Calgary Chamber of Commerce President Deborah Yedlin called for short-term business supports, improvements in competitiveness through less red tape and taxation and better collaboration between governments

Economics

57 h. ago Spin Master CEO sees ‘volatility’ in consumer spending amid tariff drama

TORONTO — Spin Master Corp.’s CEO says he has an eye on “numerous points of volatility” the toy maker could face this year. Max Rangel said Tuesday the Toronto-based company stands to be impacted by 10 per cent tariffs U.S. President Donald Trump has levied on goods entering his country from China. Spin Master, which […]

Economics

3 d. ago Trump says U.S. tariffs on Canada will proceed and here's his full statement

U.S. President Donald Trump confirmed today that U.S. tariffs will be proceeding against Canada and they could start as early as next week. Trump responded to a reporter's question about tariffs during a joint press conference with French President Emmanuel Macron earlier today. The reporter had asked Trump if the tariffs would proceed or whether Mexico and Canada had "done enough on the border" to stop them from taking effect.🚨MAJOR BREAKINGDONALD TRUMP CONFIRMS THAT TARIFFS ON CANADA WILL "GO FORWARD. ON TIME"likely referring to the first week of MarchThis, after the Bank of Canada warned they had no tools to effectively deal with inflation AND a depression. pic.twitter.com/hMNAm5UEHr— Tablesalt 🇨🇦 (@Tablesalt13) February 24, 2025The announcement comes in the wake of the Bank of Canada warning that U.S. tariffs could have a "severe" impact on Canada's economy.Trump's full statement on U.S. tariffs on CanadaWe're on time with the tariffs, and it seems like that's moving...

Economics

3 d. ago Bank of Canada warns U.S. tariffs would have 'severe' impact

Tariffs could weaken the country's economy in the next two years, says Bank of Canada (BoC) governor Tiff Macklem.While speaking to members of the Mississauga Board of Trade and the Oakville Chamber of Commerce on Friday, Feb. 21, Macklem highlighted the uncertainties brought about by tariff threats and compared its potential impact to the pandemic."In the pandemic, we had a steep recession followed by a rapid recovery as the economy reopened. This time, if tariffs are long-lasting and broad-based, there won't be a bounce-back," he stated."We may eventually regain our current rate of growth, but the level of output would be permanently lower. It's more than a shock — it's a structural change."He stated that even the period of uncertainty is "already causing harm" and that a trade conflict would cost people their jobs and reduce exports and investments.The immediate impact of tariffs on CanadaMacklem pointed out that the threat of tariffs has brought about uncert...

Economics

3 d. ago Apple invests $500B in U.S. amid tariffs that could affect iPhone

The move comes just days after President Donald Trump said Apple CEO Tim Cook promised him that the company would shift from Mexico to the U.S.

Technology

3 d. ago Trump’s tariffs could pose problems for Canada’s hardware, chip makers

With tariffs still looming for Canada, various hardware and chip producers in the country are bracing for the potential impact and what it could mean for their businesses.

Economics

6 d. ago U.S. stocks plunge as Trump tariff fears spread among businesses, consumers

The Dow Jones Industrial Average dropped 748 points and other indexes fell sharply as fears about tariffs impacting the U.S. economy spread.

Economics

6 d. ago Trade war would wipe out economic growth while pushing inflation higher: Tiff Macklem

MISSISSAUGA, ONT. — U.S. tariffs and Canada’s retaliation to them would have a devastating effect on the economy, pulling growth down while reigniting inflation, said Bank of Canada governor Tiff Macklem. “A new crisis is on the horizon. If U.S. tariffs play out as threatened, the economic impact would be severe.” But unlike the inflation […]

Economics

6 d. ago How Trump’s tariffs could hurt Canada’s home construction industry

U.S. President Donald Trump postponed widespread tariffs on Canada, but Canadian homebuilders say the uncertainty of what could be imposed is creating issues.

Economics

7 d. ago Tariffs could force ‘rebalancing away’ from U.S. for oil exports: Cenovus CEO

Speaking on Cenovus's fourth-quarter earnings call on Thursday, president and CEO Jon McKenzie said the tariffs could affect "so many of the variables that impact our cash flow."

Economics

1 week ago Yukon premier says trip to Washington, D.C., highlighted North amid tariff dispute

WHITEHORSE — Yukon Premier Ranj Pillai says he met with elected representatives from Alaska to discuss the importance of working together and the impact of possible tariffs on both counties. A statement from Pillai says he met with Alaska Senator Lisa Murkowski and House Representative Nick Begich as part of a trip to Washington, D.C., […]

Economics

1 week ago Canada’s sugar, candy industry could be hit hard by tariffs, experts say

Canada and the U.S. are currently in a month-long truce after President Donald Trump threatened sweeping tariffs on Canadian imports.

Economics