17 h. ago Eyeing China threat, Trump announces Boeing wins contract for secretive future fighter jet

WASHINGTON (AP) — President Donald Trump announced Friday that Boeing will build the Air Force’s future fighter jet, which the Pentagon says will have stealth and penetration capabilities that far exceed those of its current fleet and is essential in a potential conflict with China. Known as Next Generation Air Dominance, or NGAD, the manned […]

Transport

45 h. ago Trump’s 200% tariff threat would be ’a real disaster’ for Europe’s wine industry

CHAMPAGNE, France (AP) — Across wine country in France, Italy and Spain one number is top of mind: 200%. That’s because last week U.S. President Donald Trump threatened a tariff of that amount on European wine, Champagne and other spirits if the European Union went ahead with retaliatory tariffs on some U.S. products. The top […]

Economics

3 d. ago U.S. could block Canadian attempts to buy new fighter jets to replace F

Defence analysts say the Americans could derail attempts to buy alternatives, as all of the jets contain U.S.-built equipment.

Transport

3 d. ago Canada as 51st state a ‘compliment,’ Ford says but country is ‘not for sale’

Ontario Premier Doug Ford says Donald Trump’s threat to make Canada the 51st U.S. state is a “compliment,” but it’ll never happen.

Other

3 d. ago New Brunswick forecasts $599M deficit as Trump tariff threat looms

$50-million contingency fund has caused New Brunswick’s projected deficit to balloon

Economics

3 d. ago Tariff uncertainty is affecting Canadian real estate and Ontario is hardest hit

While spring is typically the busiest time of the year to buy a home as more properties become available and competition increases, the housing market this season appears to be in a bit of a decline in Canada —and especially in Ontario — amid the ongoing trade war with the United States. According to a new report from the Canadian Real Estate Association (CREA), home sales in the country fell sharply from January to February, as many prospective home buyers chose to remain on the sidelines due to the threat of U.S. President Donald Trump's tariffs. Sales activity recorded over Canadian MLS Systems dropped 9.8 per cent month over month in February, marking the lowest level for home sales since November 2023, and the largest month-over-month decline in activity since May 2022. "The moment tariffs were first announced on January 20, a gap opened between home sales recorded this year and last. This trend continued to widen throughout February, leadin...

Economics

5 d. ago Asian Stocks Rise on China Hopes, US Futures Slip: Markets Wrap

Asian shares climbed after China pledged more steps to revive consumption. US equity futures slid as Treasury Secretary Scott Bessent dismissed the market’s recent decline as healthy.

Economics

5 d. ago Asian Stocks Gain on China Data, US Futures Slip: Markets Wrap

Asian shares rose after data showed consumption in China grew faster to start the year. US equity futures slid as Treasury Secretary Scott Bessent dismissed the market’s recent decline as healthy.

Economics

5 d. ago Amid Trump tariff threat, Carney leaves for France, U.K. visit

After meeting French President Emmanuel Macron, Canadian Prime Minister Mark Carney will travel to London to meet with King Charles III and British Prime Minister Kier Starmer.

Economics

6 d. ago Carney orders review of U.S. fighter jet purchase amid trade tensions

Canada's deal with Lockheed Martin and the United States government is for 88 F-35 fighter planes at a cost of about US$85 million each.

Transport

7 d. ago Mark Carney makes global headlines from tariffs to Canadian sovereignty

OTTAWA — Mark Carney was sworn in as Canada’s 24th prime minister Friday, along with a leaner Liberal cabinet that he said is focused on “meeting the moment” and facing down the threat posed by U.S. President Donald Trump. Here’s what the world’s top news outlets wrote about Carney after his appointment. The United States: […]

Economics

7 d. ago Joly says Europeans thought Trump’s annexation threat was a ‘joke’

'The reaction of my colleagues coming from Europe about this absurd threat of annexation was really, "Is that a joke?”' Mélanie Joly told reporters.

Economics

8 d. ago TSX, U.S. markets continue to sell off Thursday after latest Trump tariff threat

TORONTO — Canadian and U.S. markets continued their sell-off Thursday as U.S. President Donald Trump’s tariff streak continued, taking the S&P 500 into its first correction since 2023. A correction is when an index falls more than 10 per cent below its record, which the S&P 500 did as it fell 1.4 per cent, down […]

Economics

9 d. ago Copenhagen Infrastructure Partners secures CfD contract for onshore wind farm in Romania and welcomes the European Investment Bank as co

Following its successful participation in the November 2024 CfD auction, the Pestera II onshore wind project in Romania is now in the final stages prior to start of construction. COPENHAGEN, Denmark, March 13, 2025 (GLOBE NEWSWIRE) — Today, Copenhagen Infrastructure Partners (CIP) announced that Radramo Power SRL, the company holding the rights to the ~400MW […]

Economics

9 d. ago Trump’s $1.4 Trillion Tariff Threat Spurs Companies to Seek Cover

Ozempic-maker Novo Nordisk A/S is planning to make more of its medicines for the US market in the country; Boeing Co. risks a gummed up supply chain and higher aircraft costs it may not be able to pass on; Chinese online retailer Shein Group Ltd. is offering incentives to its top apparel providers to set up new production capacity in Vietnam.

Economics

9 d. ago LEAF NOTES: Extra scrutiny for Mitch Marner in Thursday homecoming

Vladimir Guerrero Jr. might have taken away Mitch Marner’s lead in Toronto contract headlines for a couple of days, but the Maple Leaf winger is sure to retain it now that he’s home.  Marner’s usual enthusiastic shouts were heard at the Ford Centre on Wednesday in the team’s first practice there in a couple of weeks, though […]

Other

1 week ago Why Trump Tariffs Are a Bigger Threat to Jeep Maker Stellantis

Stellantis NV Chairman John Elkann recently told investors that 2025 would be a period of stabilization. For the beleaguered automaker, it’s turning out to be anything but.

Economics

1 week ago Trump’s escalating trade war looms over Bank of Canada rate announcement

Economists are expecting a further rate cut by the Bank of Canada on Wednesday as the threat of tariffs by U.S. President Donald Trump continues to loom over Canada.

Economics

1 week ago Poilievre wants to impose 50% metal tariffs on U.S. after latest Trump threat

OTTAWA — Conservative Leader Pierre Poilievre says Canada should hit the U.S. with matching 50% tariffs on steel and aluminum in reply to U.S. President Donald Trump’s latest trade war escalation. Trump says he will double the steel and aluminum tariffs he promised to deploy on Canadian products tomorrow — to 50% — in response […]

Economics

1 week ago Ontario backs down on electricity surcharge after Trump threatens chaos

In yet another unanticipated pivot in the never-ending U.S.-Canada tariff saga, Ontario Premier Doug Ford has reneged on imposing a surcharge on electricity exported to neighbouring American states.After holding the retaliatory threat over Donald Trump's head as soon as the tariff talk shifted from the President's characteristic bravado into actual action, Ford properly enacted a 25 per cent tax on power sent to New York, Michigan and Minnesota on Monday, noting that it would add an extra $100 to the bills of 1.5 million homes and businesses and bring in hundreds of thousands of revenue to the province per day.Predictably, this threw Trump into a frenzy, prompting the reality star-turned-leader to announce an increase in tariffs on Canadian steel and aluminum on Tuesday — from 25 to a ridiculous 50 per cent."Based on Ontario, Canada, placing a 25 per cent Tariff on 'Electricity' coming into the United States, I have instructed my Secretary of Commerce to ad...

Other