2 h. ago Varcoe: Canadian oil producers face $7B hit from Trump energy tariffs — but U.S. consumers would see $22B wallop, study finds

In a business world that strives for the win-win, U.S. President Donald Trump may achieve the rare lose-lose for consumers and producers with proposed tariffs on Canadian energy — but a windfall for U.S. government revenues. A new report by Goldman Sachs estimates just how large losses would be for companies and consumers on both […]

Economics

4 h. ago Doug Ford eyes Ontario electricity exports as way to ’hit back’ against U.S. tariffs

Progressive Conservative Leader Doug Ford is musing about making Americans pay more for the electricity Ontario sends to the United States, in response to any levies President Donald Trump imposes on Canadian goods and services. “We’re reviewing the cost of electricity we’re sending down there. And if he puts tariffs on anything in Canada or […]

Economics

4 h. ago Ford eyes Ontario electricity exports as way to ’hit back’ against U.S. tariffs

Doug Ford is musing about making Americans pay more for the electricity Ontario sends to the United States, in response to any levies President Donald Trump imposes on Canadian goods and services. “We’re reviewing the cost of electricity we’re sending down there. And if he puts tariffs on anything in Canada or Ontario, they’re getting […]

Economics

5 h. ago Restaurants Warn of Potential $12 Billion Hit From Trump Tariffs

The US trade group representing restaurants urged President Donald Trump to spare food and drinks from tariffs, estimating the levies could cost the industry more than $12 billion and lead to higher prices for consumers.

Economics

23 h. ago Trump Says Planned Tariffs on Canada, Mexico ‘Going Forward’

President Donald Trump said tariffs scheduled to hit Canada and Mexico next month were “on time” and “moving along very rapidly” following an initial delay, even as a US official cautioned the schedule could be less certain.

Economics

5 d. ago Nutrien warns tariffs will hurt U.S. farmers who rely on Canadian potash

If the U.S. implements widespread tariffs on Canadian goods, American farmers will be hard-hit as they rely heavily on Canada for inputs like potash, said Nutrien Ltd. CEO Ken Seitz. Seitz says Canada supplies more than 80 per cent of the potash used on U.S. farms, and as the company looks at what tariffs could […]

Economics

8 d. ago Trump Trade Uncertainty Is Hitting EU Economy, Dombrovskis Says

Trade uncertainty over US President Donald Trump’s plans to hit the European Union with tariffs is already affecting the bloc by putting a lid on investment, according to EU Economy Commissioner Valdis Dombrovskis.

Economics

8 d. ago U.S. tariffs sour outlook for Canadian sugar and candy companies

Canadian sugar and confectionary companies would be hit particularly hard if U.S. tariffs come into play because most of the industry’s sales go south of the border, experts say. “Sugar and confectionary does stand out as one of those sectors, especially in the short term, that is very reliant on the U.S., and therefore could […]

Economics

8 d. 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