3 h. ago Gold Heads for Weekly Loss as Trump Tariff Threats Boost Dollar

Gold was on track for its first weekly loss this year as investors booked profits from a record-breaking rally amid increasing concern over President Donald Trump’s tariff agenda, which has strengthened the US dollar.

Economics

3 h. ago Why B.C. craft brewers could face a 'double hit' from tariffs

Continued U.S. tariff threats challenge already hard-hit B.C. craft brewers who face input cost increases of 30 to 40 per cent since COVID-19.

Economics

5 h. ago Mexico Extradites Dozens of Drug Traffickers After Trump Tariff Threat

Mexico extradited 29 people accused of drug trafficking and other crimes to face charges in the US as it tries to meet President Donald Trump’s conditions to avoid tariffs.

Economics

9 h. ago How different product labelling rules hurt internal trade in Canada

The U.S. tariff threat has put a renewed focus on internal trade in Canada, Some legal experts say different product labelling rules pose interprovincial barriers.

Economics

9 h. ago ‘I don’t see how that ever is going to be possible’: EV skepticism builds amid tariff threats, headwinds

The EV transition is considered one of the most difficult challenges for the auto sector, and has already presented stumbling blocks

Economics

17 h. ago EU pushes back against Trump tariff threats and his caustic comments that bloc is out to get the US

BRUSSELS (AP) — The European Union’s executive branch said Thursday that the 27-nation bloc wasn’t out to undermine the United States, as U.S. President Donald Trump put it, but instead was the world’s largest free market that has created an economic windfall for American companies working on and with the continent. The bloc also added […]

Economics

19 h. ago European Stocks Fall From Record as Trump Ramps Up Tariff Threat

European stocks fell from a record high, with declines led by automakers on renewed tariff uncertainty from the US.

Economics

26 h. ago Oil Holds Near Yearly Low With US Tariffs and Supplies in Focus

Oil steadied near the lowest close this year, with tariff threats from US President Donald Trump and supply issues in focus.

Economics

27 h. ago New data shows fewer people crossing B.C. border into U.S. under tariff threats

In February this year so far, there have been on average 3,500 cars heading to the U.S. through the Peace Arch border crossing, new data shows.

Economics

29 h. ago Canada looks to diversify trade with Germany amid U.S. tariff threats

As they face tariffs from the U.S., Canadian companies and diplomats are looking at diversifying trade with European partners including Germany.

Economics

34 h. 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

34 h. ago Ontario PC Leader Doug Ford says he wants to be premier ’forever’

Ontario’s Progressive Conservative Leader Doug Ford says he wants to be premier “forever” as he looks to secure a third consecutive majority government in Thursday’s election. Ford says his party is the only one that can stand up to U.S. President Donald Trump and his tariff threats. Ontario’s main political party leaders are making multiple […]

Politics

36 h. ago Couple from U.S. pays for everyone in Ontario restaurant as apology for Trump

Amid an extremely tense political moment between Americans and Canadians, one U.S. couple's simple gesture of kindness is serving as a reminder that there is still a sense of camaraderie and solidarity between people across the two nations, tariff threats be damned.The guests, named Bill and Sara, were dining at the Toast restaurant in Windsor on Saturday, which lies just over the border from their home in Michigan.Given the present political climate — from Trump's plan for economically devastating tariffs on Canadian goods to him repeatedly and earnestly suggesting our country become the 51st American state — the couple thought it was fitting to extend some sort of olive branch while visiting the Ontario town.So, they decided to cover the bill of every other person eating at the busy establishment at the time. It's something restaurant owners later said was a first for them in nine years of business, and that had ev...

Other

56 h. ago Canadian bankers say cautious clients keeping ‘their powder dry’ amid Trump tariff threats

BMO and Scotiabank see rise in caution and anxiety levels

Economics

3 d. ago Bank of Canada warns U.S. tariffs would have 'severe' impact

Tariffs could weaken the country's economy in the next two years, says Bank of Canada (BoC) governor Tiff Macklem.While speaking to members of the Mississauga Board of Trade and the Oakville Chamber of Commerce on Friday, Feb. 21, Macklem highlighted the uncertainties brought about by tariff threats and compared its potential impact to the pandemic."In the pandemic, we had a steep recession followed by a rapid recovery as the economy reopened. This time, if tariffs are long-lasting and broad-based, there won't be a bounce-back," he stated."We may eventually regain our current rate of growth, but the level of output would be permanently lower. It's more than a shock — it's a structural change."He stated that even the period of uncertainty is "already causing harm" and that a trade conflict would cost people their jobs and reduce exports and investments.The immediate impact of tariffs on CanadaMacklem pointed out that the threat of tariffs has brought about uncert...

Economics

3 d. ago Saskatchewan Premier Moe travelling to Washington again to push against tariff threat

Saskatchewan Premier Scott Moe is travelling to Washington, D.C., again to push against proposed tariffs from the United States.

Economics

3 d. ago Canada Metal Processing Group announces steps to respond to U.S. tariff threats on steel sector

BROSSARD, Quebec, Feb. 24, 2025 (GLOBE NEWSWIRE) — Canada Metal Processing Group (MPG Canada) and its subsidiaries, Ivaco Rolling Mills, Sivaco, and Infasco, are announcing the difficult but necessary steps to respond to the current challenging market environment and the threat of incoming tariffs from the United States on steel and steel derivatives. These measures […]

Economics

3 d. ago Apple plans to add 20,000 U.S. jobs amid tariff threats from Trump

The company plans to spend US$500 billion in the U.S. over the next four years

Economics

3 d. ago CanadaHelps Estimates $266 Million Loss for Charities Due to Canada Post Strike; Urges Canadians to Use Extended Donation Deadline to Give

Funding lost from the 2024 postal strike and a looming recession from tariff threats places Canadian charities in a precarious position TORONTO, Feb. 24, 2025 (GLOBE NEWSWIRE) — According to estimates from CanadaHelps, the country’s largest platform for donating and fundraising online, the Canada Post strike cost Canadian charities $266 million in lost donations, accounting […]

Economics

3 d. ago India, UK To Resume Free Trade Talks as US Tariff Threats Loom

India’s commerce minister will meet his British counterpart in New Delhi on Monday to revive talks on a trade deal between the two nations, at a time when the US President has unleashed a dramatic shift in global economy with his multiple plans for new tariffs.

Economics