Defending champion Colton Herta has earned pole position at the Ontario Honda Dealers Indy Toronto. He did the 11-turn, 2.874-kilometre course around Exhibition Place in downtown Toronto in 59.8320 seconds. IndyCar Series points leader Alex Palou was second, 0.2758 seconds behind Herta. Marcus Armstrong and Will Power were third and fourth respectively. Scott Dixon, a […] Sport
"Right now, businesses are just focused on keeping the doors open" Economics
Amid trade uncertainty and tariff threats from the United States, B.C.'s film industry is casting its eyes across the Pacific as it looks for new production partners and projects. Other
If the levies stay in place, chief executive Bill Oplinger warns that the American manufacturer may need to turn to the Canadian government for help. Economics
President Donald Trump is readying plans for industry-specific tariffs to kick in alongside his country-by-country duties in two weeks, ramping up his push to reshape the US’s standing in the global trading system by penalizing purchases from abroad. Economics
Treasury Secretary says revenues on track to hit $300 billion, but trade observers not convinced of long-term victory Economics
European Union member states approved the launch of negotiations with six Gulf countries as the bloc seeks to broaden its international partnerships amid tariff threats from President Donald Trump. Culture
President Donald Trump said he would send letters to more than 150 countries notifying them of tariff rates and that the levies imposed could be 10% or 15% as he forges ahead with his trade agenda. Economics
Alcoa Corp., the largest US aluminum producer, said tariffs on imports from Canada cost it $115 million in the second quarter, showing how US President Donald Trump’s trade agenda has affected the industry. Economics
WASHINGTON (AP) — American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, while uncertainty in U.S.-China relations and President Donald Trump’s tariffs have become their top concerns, according to a business survey released Wednesday. The companies are also challenged by China’s slowing economy, where weak domestic […] Economics
Johnson & Johnson beat Wall Street’s quarterly sales expectations and raised its full-year outlook Economics
Ontario should rejig its programs meant to support auto businesses through the impact of tariffs and associated economic uncertainty, an advocacy group says in a new report. Economics
Only China and Canada have retaliated against the U.S. president's tariff war Economics
WASHINGTON (AP) — U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher for goods before they reach consumers. The Labor Department reported Wednesday that its producer price index — which tracks inflation before it hits consumers — was unchanged last month from May and up 2.3% from […] Economics
Thailand’s finance minister will present fresh proposals to US trade officials in talks scheduled for Wednesday, the latest effort by the nation to avoid a 36% tariff threatened by President Donald Trump. Economics
Indian officials are hoping to secure a trade deal with US President Donald Trump at a lower tariff rate than he’d agreed with Indonesia as New Delhi races to meet an Aug. 1 deadline. Economics
It has been more than a month since U.S. President Donald Trump doubled tariffs on steel and aluminum products from 25 to 50 per cent. Society
OTTAWA — Prime Minister Mark Carney is scheduled to be in Hamilton today to make an announcement related to the steel industry. It has been more than a month since U.S. President Donald Trump doubled tariffs on steel and aluminum from 25 to 50 per cent, adding further economic insult to the two industries in […] Society
Indonesia’s president said he struck a 19% tariff deal with US President Donald Trump, the first confirmation of the key agreement detail after months of talks between the countries. Economics
Financial markets greeted US President Donald Trump’s tariff deal with Indonesia with little fanfare Wednesday, signaling the rate of around 20% that was once viewed as punitive is now seen as workable. Economics