9 h. ago FIRST READING: Brits warn that Canada’s new prime minister has ‘reverse Midas touch’

Mark Carney's reputation as Bank of England governor is more checkered than he may be letting on

Politics

9 h. ago Varcoe: Danielle Smith wants Canada to play 'long game' on U.S. tariffs, touts energy co

"We therefore need to avoid escalation, play the long game and focus on getting to a mutually beneficial trade resolution with our American neighbours"

Economics

48 h. ago Canada Energy Minister Warns of Pain on Both Sides in Trade Spat

Tit-for-tat tariffs between Canada and the US will create pain on both sides, Canada’s Energy Minister said, urging the US to have a constructive dialogue on trade.

Politics

5 d. ago JAY GOLDBERG: Canada should counter tariffs by unleashing Canadian energy

With the United States imposing punishing tariffs on Canada’s economy, it’s never been more important to strengthen Canada’s economic position and competitiveness.  A major key to achieving that goal is unleashing Canadian energy.  Over the past decade, the Trudeau government has stifled the growth of Canada’s oil and gas industry at virtually every turn.  Canada should […]

Economics

7 d. ago Ways Canadians can be more financially savvy amid tariffs and economic uncertainty

The tariffs against Canada have plunged the country into economic uncertainty.U.S. President Donald Trump officially slapped 25 per cent tariffs on all products from Canada and Mexico, including the 10 per cent tariffs on energy, on Tuesday.Since then, stock markets in the U.S. and Canada have continued to fall as Canadian businesses brace for the impacts of the trade war.In a press conference Thursday morning in Ottawa, Prime Minister Justin Trudeau was candid about the current situation."I can confirm that we will continue to be in a trade war that was launched by the United States for the foreseeable future," he said.So, what does this mean for the finances of everyday Canadians?Natasha Macmillan, director of everyday banking at Ratehub.ca, shared advice on how Canadians can prepare for a potential economic fallout and strengthen their finances.Build your emergency fundShe says your main priority should be building up your emergency fund if you're wo...

Economics

7 d. ago Ontario restaurant responding to U.S. tariffs with 25% off dessert

As the trade war between Canada and the United States intensifies, many businesses across Ontario are adjusting their strategies and reducing their reliance on American ingredients, suppliers, and goods.President Donald Trump's executive order hits Canada and Mexico with 25 per cent tariffs across the board, as well as a 10 per cent levy on Canadian energy. In response, Trudeau said Canada would be hitting back with 25 per cent retaliatory tariffs on $30 billion worth of American products immediately, just after the order took effect on Tuesday.Ontario Premier Doug Ford, who is fresh off his third consecutive majority win, also followed through on his promise to remove U.S. alcohol from LCBO stores across the province, which resulted in the retailer's website being taken offline temporarily on Tuesday.As a result, many Canadian companies — including dessert chain Demetres — have taken it upon themselves to navigate the current trade challenges through creative ways."When...

Economics

7 d. ago Alberta responds to Trump tariffs with ‘buy Canadian’ plan but leaves oil exports off the table

'Cutting off energy entirely would make Canada the bad guy... and we don't want that,' said Smith

Economics

7 d. ago Trade war between Canada, U.S. could cause ‘pain’ for NHL: Gary Bettman

Gary Bettman said the seven Canadian clubs account for 25 per cent of the NHL's revenue but a drop in the Canadian dollar could cause pain as all teams pay players in U.S. dollars.

Economics

8 d. ago Bettman says trade war between Canada, U.S. could cause ‘pain’ for NHL

NHL commissioner Gary Bettman says any negative effects on the Canadian dollar caused by the Trump administration’s tariffs could be “painful” for the league. Speaking Wednesday on CNBC’s “Squawk Box,” Bettman said the NHL’s seven Canadian clubs perform well and account for 25 per cent of the league’s revenue. But he said a drop in […]

Economics

8 d. ago In Maine, gas price increases linked to Trump tariff on Canadian imports

HALIFAX — Experts are linking rising gasoline prices in the U.S. northeast to President Donald Trump’s tariffs on Canadian energy imports, but they warn the trend may also hurt Atlantic Canada’s energy producers. According to Canada’s consulate general in Boston, eight of every 10 cars on the road in New England use fuel from Canadian […]

Economics

8 d. ago Lucy Gay: Trump tariffs forced Liberals to face the true cost of net zero virtue signalling

The 10% energy tariff is really just finishing the job Trudeau started: killing Canada's oil and gas industry

Economics

8 d. ago Canadian grocers have a plan to soften the blow of U.S. trade war

Canadians' grocery bills are expected to be hit hard by the tariff war between Canada and the U.S., which is now in full force.U.S. President Donald Trump's 25 per cent tariffs on all products from Canada and Mexico, including the 10 per cent tariffs on energy, kicked in on Tuesday morning.In a press conference on Tuesday, Prime Minister Justin Trudeau responded with 25 per cent retaliatory tariffs against $155 billion of American goods, beginning with taxes on $30 billion worth of products immediately. The list of U.S. goods includes orange juice, peanut butter, wine, spirits, beer, coffee, appliances, apparel, footwear, motorcycles, cosmetics, and more.He says duties will be slapped onto the remaining $125 billion of American products in 21 days."To my fellow Canadians, I won't sugarcoat it, this is going to be tough," said Trudeau.Late Tuesday, U.S. Secretary of Commerce Howard Lutnick said there's a potential to meet "somewhere in the middle" when it comes to adjusting the tarif...

Economics

8 d. ago Here’s the latest as the U.S. imposes tariffs on goods from Canada and Mexico

OTTAWA — U.S. President Donald Trump has imposed tariffs on imports from Canada and Mexico including a 25 per cent across-the-board levy, with a lower 10 per cent charge on Canadian energy, triggering a continental trade war. Canada has responded with 25 per cent retaliatory tariffs on $30 billion worth of American products, and will […]

Economics

9 d. ago Ford, Smith vow to fight tariffs but disagree on playing energy card

Ford has threatened to put a 25 per cent export tax on electricity that Ontario sends to 1.5 million U.S. households

Economics

9 d. ago Justin Trudeau calls Trump tariffs on Canada 'a very dumb thing to do'

Prime Minister Justin Trudeau had some choice words for U.S. President Donald Trump in response to the tariffs against Canada.U.S. President Donald Trump has imposed 25 per cent tariffs on all products from Canada and Mexico, except energy, which will be subject to 10 per cent tariffs. They kicked in this morning, causing U.S. and Canadian stocks to plummet immediately.In a press conference Tuesday morning, Prime Minister Justin Trudeau announced 25 per cent retaliatory tariffs against $155 billion of American goods, beginning with taxes on $30 billion worth of products immediately.The list of US goods includes orange juice, peanut butter, wine, spirits, beer, coffee, appliances, apparel, footwear, motorcycles, cosmetics, and more.He says duties will be slapped onto the remaining $125 billion in American products in 21 days."Canadians are reasonable, and we are polite, but we will not back down from a fight, not when our country and the well-being of everyone in it is at stake," sai...

Politics

1 week ago Energy, trade investments ’imperative’ in rocky times: Canada Infrastructure Bank CEO

The head of the Canada Infrastructure Bank says the power and export-enabling projects the Crown corporation backs are more crucial than ever as trade tumult intensifies with the United States. “In the face of lots of uncertainty, the one thing you can know is that we’re going to need that electricity, energy and trade infrastructure […]

Economics

1 week ago CHARLEBOIS: From Kyiv to Ottawa – the real war is over resources, not borders

The U.S. sought Ukraine’s resources under the guise of peace – Canada must recognize its water, energy and agricultural data could be next

Other

1 week ago Canada open to conversation on KXL, but not until threat of tariffs is dropped, minister says

Natural Resources Minister Jonathan Wilkinson says Canada is open to having a conversation about reviving the Keystone XL pipeline project, but not before the threat of sweeping United States tariffs on Canadian goods is dropped. He said U.S. President Donald Trump’s call for the immediate revival of the cross-border pipeline project earlier this week was […]

Politics

2 w. ago Trump’s push to build Keystone XL ‘NOW!’ could be just the bargaining chip Canada needs, says former premier

Ottawa could agree to supply more oil if president backs off tariffs, says Jason Kenney

Other

2 w. ago Canada needs to gain control over its energy supplies amid tariff threats, says Peter Tertzakian

West-to-east energy corridors for oil and electricity are needed, says expert

Economics