3 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

4 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

6 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

11 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

11 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

13 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

31 h. ago Nearly $3M in cocaine, meth seized from trucks entering Canada at Coutts border crossing

A combined 228 kg of methamphetamine and cocaine worth nearly $3 million that was bound for Calgary was seized at the Coutts border crossing in two separate incidents.

Economics

33 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

35 h. ago CBSA seizes illegal drugs worth millions from two commercial trucks at Coutts border crossing

Illegal drugs valued in the millions of dollars were seized during two recent searches of commercial trucks at the Coutts border crossing, the Canada Border Services Agency announced Tuesday On Dec. 24, CBSA officers examining a commercial truck carrying a mixed load destined for Calgary noticed “abnormalities,” leading to 186 kilograms of methamphetamine being discovered. […]

Economics

51 h. 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

59 h. 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

61 h. 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

62 h. 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

62 h. 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

2 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

5 d. ago Rosborough: If tariffs drive up costs, let's focus on fixing what we own

Anthony D Rosborough, Dalhousie University Canada’s economy has long relied on open trade and cross-border supply chains, but as tariff threats and market protectionism rise from the United States under President Donald Trump, so do Canada’s economic vulnerabilities. Although the risk of a trade war between Canada and the U.S. has been given a temporary […]

Economics

5 d. ago LILLEY: Ford plays the long game in charm offensive against Trump

From ads to meetings in the American Capitol, Doug Ford is playing the long game in the fight on Trump's tariff threats

Other

5 d. ago B.C. prepared to make ‘substantive changes’ to interprovincial trade barriers

British Columbia's economic development minister says the government plans to enter next week's meeting with other provinces prepared to make "substantive changes" to its interprovincial trade barriers as the threat of hefty U.S. tariff threats loom.

Economics

5 d. ago What it will be like to use Canada's new largest border crossing in Ontario

Canada and the U.S. are inching ever closer to the opening of the highly-anticipated Gordie Howe International Bridge, which will soon serve as the largest border crossing between the two countries, as well as the longest cable-stayed bridge in North America.As we approach the seventh anniversary of work starting on the gargantuan infrastructure project, residents stand just months away from actually being able to use it. And, the team working to wrap things up on the ground continues to drum up excitement with extraordinary drone footage, behind-the-scenes looks, and other updates.The latest is a mini-tour of some of the border checkpoint's facilities, including a drive-through of an inspection lane and the secondary inspection area once vehicles cross the six-lane, 2.5-kilometre-long viaduct over the Detroit River into Windsor, Ontario.A clip posted to the project's official YouTube page on Thursday takes viewers through one of the crossing's five-meter ta...

Other

5 d. ago Economists Trim Canada’s Growth Outlook as Tariff Threats Linger

Economists are trimming their estimates for Canada’s growth as the threat of a trade battle with the US is seen weighing on business investment.

Economics