4 h. ago Honda to Shift Production of Civic From Japan to US on Tariffs

Honda Motor Co. plans to move production of its hybrid Civic from Japan to the US in response to President Donald Trump’s tariffs on imported cars.

Economics

23 h. ago Honda considering Canadian production move to U.S. in response to tariffs: Report

Honda is considering shifting some Canadian automotive production to the U.S. in response to new tariffs, according to a report by Japan’s Nikkei financial newspaper. The company is looking to shift enough Canadian CR-V and Civic production to the U.S. so that it can meet 90 per cent of U.S. sales with vehicles produced there, […]

Economics

5 d. ago Here’s what some exporters in China say about Trump’s trade war

YIWU, China (AP) — The trade war between the world’s two largest economies is escalating as China on Friday slapped a 125% tariff on U.S. goods in response to President Donald Trump’s 145% tariff on Chinese products. Caught in the crosshairs are businesses that are part of the more than $582.4 billion trade between the […]

Economics

2 w. ago Huge segment of Canada's real estate market in major trouble due to U.S. tariffs

The forthcoming impacts of the Canada-U.S. trade war initiated by President Donald Trump's tariffs could put a real dent in Canada's industrial real estate market.According to a new report by CBRE, recent solid performances in this particular sub-sector of the commercial real estate market are now being overshadowed by the trade war."Many [local] markets cited the ongoing tariff and trade uncertainties as a major headwind that tempers the outlook for leasing demand over the next couple of quarters," reads the report.Moreover, for the commercial real estate market, "the impact of tariffs will be more directly felt by Canadian industrial markets."This is not entirely surprising, as Canadian federal and provincial governments are forecasting that the manufacturing, natural resource-export industries, transportation, logistics, and retail sectors will be the hardest hit.Such businesses, which account for very significant employment, are some of the largest users of major industrial spac...

Politics

2 w. ago Automakers report stellar sales ahead of Trump’s tariffs taking effect

NEW YORK (AP) — The major car companies say sales rose sharply in March, with most reporting double-digit gains. For some companies, the strong performance last month helped make up for a sluggish start to the year. Automakers sold nearly 1.6 million vehicles in the U.S. in March, up 13.6%. That brought total sales for […]

Economics

2 w. ago Companies now offering free therapy for Canadians stressing about Trump

It has been a tumultuous time for Canadians amid an ongoing cost-of-living crisis that has been exacerbated by the tariffs imposed by United States President Donald Trump.New data from Mental Health Research Canada (MHRC) suggests that nearly half (42 per cent) of Canadians are experiencing heightened anxiety, citing the Trump tariffs as one of the main triggers.According to the report, in 2024, there was a declining trend in the number of Canadians reporting negative mental health impacts due to economic conditions.However, the beginning of 2025 marked a sharp spike, with 42 per cent reporting the economic downturn is "negatively affecting" their mental health and 39 per cent of Canadians worried that they won't be able to pay their bills."Our data confirms that today's political and economic climate is fueling widespread stress and anxiety," said Akela Peoples, CEO of MHRC. "Failing to address the mental health toll of this instability could have long-term consequen...

Economics

2 w. ago San Antonio and Detroit are among the U.S. cities most vulnerable to tariffs: report

Research says San Antonio is the most vulnerable American city because almost half of its exports are destined for Canada

Economics

2 w. ago U.S. says fentanyl major threat to country, but doesn’t mention Canada

U.S. President Donald Trump has frequently cited 'massive' amounts of fentanyl coming in from Canada as reasoning for his tariffs, but a new report appears to contradict him.

Politics

2 w. ago San Antonio and Detroit among U.S. cities most vulnerable to tariffs: Report

OTTAWA — San Antonio, Detroit and Kansas City are the three American cities most vulnerable to a trade war, says new research by the Canadian Chamber of Commerce.  The research looked at 41 cities in the U.S. to determine which ones are the most dependent on trade with Canada.  The report says that U.S. cities […]

Economics

2 w. ago Nearly half of small businesses do not see the U.S. as a reliable partner: CFIB

TORONTO — Canadian small businesses are losing confidence in the U.S. as a reliable trading partner, and are shifting to suppliers in domestic and other international markets in the wake of President Donald Trump’s tariffs. A new report by the Canadian Federation of Independent Business says 47 per cent of members it recently surveyed do […]

Economics

3 w. ago Saskatchewan reverses ban of U.S. alcohol products that are produced in Canada

The Saskatchewan government is walking back part of its decision to stop purchasing all American-branded alcohol products in response to U.S. tariffs.

Other

3 w. ago Telecoms don’t expect major hit from tariffs but other pressures persist: report

Canada’s telecommunications companies don’t expect to be hit hard by the ongoing trade war with the U.S. but face other economic challenges that could limit their ability to attract new customers in the near future. A Desjardins report Monday said major providers that presented at its Montreal conference last week “were clear that they have […]

Politics

4 w. ago Pet owners looking to buy local amid rising costs, tariffs: Report

Nearly two-thirds of pet owners admitted that having a dog or cat has hit their wallets hard — but they aren’t letting that get in the way of supporting local. The trade-war provoked by U.S. President Donald Trump’s administration has sparked patriotism in Canada like never before, and while pet parents are no different, they […]

Economics