3 d. ago Canada Trucking Firm TFI Hit by Tariff War, Walks Away From Deal

TFI International Inc., one of North America’s largest trucking companies, says US President Donald Trump’s trade war is exacerbating the freight industry’s difficult outlook, and that it was forced to abandon a deal because of it.

Economics

1 week ago Bank of Canada Likely to Pause to Assess Tariff Hit: Decision Guide

The Bank of Canada is likely to hold interest rates steady on Wednesday as officials take stock of the damage posed by US President Donald Trump’s trade war.

Economics

2 w. ago Trump’s ambassador to Canada confirmed in middle of trade war

WASHINGTON — Former Michigan congressman Pete Hoekstra has been confirmed by the U.S. Senate as the new United States ambassador to Canada. He will become America’s top diplomat in Ottawa in a fraught time in U.S.-Canada relations, with President Donald Trump hitting Canada with tariffs on automobiles, steel and aluminum and continuing to hold out […]

Economics

2 w. ago Ford, GM Hit Hardest by Canada’s 25% Retaliatory Auto Tariffs

Canada is hitting back against President Donald Trump’s auto tariffs with import taxes of as much as 25% on vehicles assembled in the US — and the biggest American automakers will bear the brunt.

Economics

2 w. ago Canada adds more retaliatory tariffs as Trump’s trade war hits the world

Ottawa's response to auto duties includes similar tariffs on vehicles imported from the U.S.

Economics

2 w. ago U.S. hits Canada lumber with 34% duties even before Trump tariffs

(Bloomberg) — The U.S. is poised to more than double duties on Canadian softwood lumber to 34.45%, putting more pressure on US materials costs even before President Donald Trump places any new tariffs on the sector. The U.S. currently levies countervailing and anti-dumping duties totaling 14.4%, a level that was set last year. Those are […]

Economics

3 w. ago Talks with Americans helped Canada avoid extra Trump tariffs

Canada was not hit with broad levies, but tariffs of 25 per cent still apply to Canadian steel, aluminum and automobiles

Economics

3 w. ago Manitoba premier says federal tariff retaliation is supported across the board

WINNIPEG — Manitoba Premier Wab Kinew says he and other provincial leaders are backing the federal government’s response to tariffs imposed by the United States. Kinew says there was broad consensus in a virtual meeting Thursday with Prime Minister Mark Carney after Carney said Canada will hit back with matching tariffs on vehicles imported from […]

Economics

3 w. ago Canada hits back with tariffs on U.S. vehicles as auto sector reels

Shuttering of Windsor plant brings reality of tariff war home

Economics

3 w. ago Canada hits U.S. auto sector with tariffs, mirroring Trump’s move

Canada’s auto sector is heavily integrated with the U.S. and stands to take a blow from Trump’s tariffs

Economics

3 w. ago Varcoe: Alberta business leaders relieved but remain wary after no additional tariff hit from U.S.

Alberta energy and business leaders expressed relief after U.S. President Donald Trump unleashed his series of “reciprocal” tariffs against other countries Wednesday, as Canada escaped any new hits from our largest trading partner. “That’s a double-win for us because it means not only do we not get tariffed, but we get an answer on tariffs,” […]

Economics

3 w. ago BREAKING: Prime Minister Mark Carney says Canada will match U.S. auto tariffs

OTTAWA — Prime Minister Mark Carney says Canada will match U.S. President Donald Trump’s 25 per cent auto tariffs with a levy on vehicles imported from the United States. Carney says the tariffs will hit all vehicles that do not comply with the Canada-U.S.-Mexico Agreement and any non-Canadian content in compliant vehicles, but they will […]

Politics

3 w. ago Trump announces global reciprocal tariffs, but any hit to Canada not immediately clear

Early reports suggest the exemption on goods covered by the CUSMA trade pact would remain in place

Economics

3 w. ago Canada spared new tariffs as Trump hits China, Europe; Carney says Canadians still impacted

Canada and Mexico were excluded from the countries facing new tariffs ranging from 10 per cent to 49 per cent

Economics